Ebanx Exceeds US$1 Billion in Market Value, Becomes Brazil’s Latest “Unicorn”

Brazil has one more member in the select group of companies having a market value of at least US$1 billion, the so-called "unicorns".

RIO DE JANEIRO, BRAZIL - The startup company Ebanx Payments reported on Wednesday, October 16th, that a new contribution from the US fund FTV Capital helped it to exceed the mark. According to Estadão, Ebanx is expected to generate revenue of US$150 million in 2019, 50 percent more than last year.

Much of the revenue comes from payment solutions that help foreign companies establish themselves in Latin America.

The startup from Paraná offers . . .

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