The global payments service provider was the only Latin American company on the list and was recognized for its localized strategies and streamlined operations serving global merchants
CURITIBA, BRAZIL – November 21, 2024 – EBANX, a global technology platform specializing in payment services for rising markets, has been recognized as one of the 30 most innovative companies in international expansion by Forbes China. The fintech was the only Latin American company named in Forbes China “Go-International Pioneering Brands 2024” award. “This award is a global Forbes stamp on our mission to create access and on the impact of our cross-border payments expertise in connecting businesses worldwide,” stated João Del Valle, CEO at EBANX.
Forbes China emphasized how localization has become a pivotal theme in the refined strategies for global expansion in 2024. “Precision operations, localized strategies, and digitization are essential across cross-border e-commerce platforms,” Forbes has published. “Professional service providers are creating ecosystems that help overseas merchants engage consumers more deeply,” they complemented, adding that payment service providers like EBANX play a key role in bridging domestic and international payment ecosystems.
Sean Yu, Vice President of Merchant Success for APAC at EBANX, received the Forbes award at a ceremony held in Xiamen, China, on November 21st. “The recognition of EBANX in Asia-Pacific, a global hub for payment solutions, reinforces Latin America’s potential for innovation and growth in this market,” said Yu. He also participated in a panel alongside executives from companies such as Alibaba Cloud and YQN Logistics Group. During the event, Yu shared valuable insights on Latin America's potential for APAC digital commerce businesses and emphasized the importance of having a solid payment strategy to succeed in rising markets.
EBANX processes payments in 29 countries worldwide, 17 of which are in Latin America. “The region has a young and increasingly digital population, and this growth has been accompanied by innovative payment methods, such as Pix in Brazil and PSE in Colombia,” explained the VP at EBANX. According to data from Payments and Commerce Market Intelligence (PCMI), analyzed by EBANX, the digital market in Latin America is expected to surpass US$ 1 trillion by 2027, with an annual growth rate of 20%. “EBANX fits into this ecosystem with localized and robust payment strategies tailored to the characteristics of merchants and markets,” said Yu.
About the Forbes China award
The Forbes China “Go-International Series Selection 2024” highlights companies leading the way in global expansion. EBANX was recognized in the “30 Pioneering Brands” category, which celebrates companies with innovative localization strategies and significant global impact. The award also includes a second category, “30 Flagship Brands,” honoring established global leaders in international markets.
The ceremony in Xiamen brought together pioneers from industries such as technology, logistics, and e-commerce, emphasizing the importance of collaboration in today’s interconnected global economy. By being the only Latin American company featured, EBANX underscores the region's growing influence globally and the potential of its payment ecosystems to enable international growth.
ABOUT EBANX
EBANX is the leading payment platform connecting global companies with customers from the fastest-growing digital markets in the world. The company was founded in 2012 in Brazil with the mission of giving people access to buy in international digital commerce. With powerful proprietary technology and infrastructure, combined with in-depth knowledge of the markets where it operates, EBANX enables global businesses to connect with hundreds of payment methods in different countries in Latin America, Africa, and Asia. EBANX goes beyond payments, increasing sales, and fostering seamless purchase experiences for businesses and clients.
For further information, please visit:
Website: https://www.ebanx.com/en/
LinkedIn: https://www.linkedin.com/company/ebanx