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EBANX announces HQ in Singapore and forecasts a 30% growth for APAC merchants in 2026

Business

EBANX announces HQ in Singapore and forecasts a 30% growth for APAC merchants in 2026
Business

Business

EBANX announces HQ in Singapore and forecasts a 30% growth for APAC merchants in 2026

2026-03-12 08:00 Last Updated At:13:02

    • Global technology company integrates local payment methods across emerging markets in Latin America, Africa, and Asia for more than 100 APAC enterprise merchants
    • 36% of EBANX's TPV last year came from APAC companies, which will have a technology and commercial hub in the new regional HQ
    • The Headquarters will be a payments product and regulatory center for e-commerce global brands
    • EBANX's CPO and regional CEO will be based at the new APAC center, alongside senior leaders in engineering, technology, treasury, business, and operations

SINGAPORE, March 12, 2026 /PRNewswire/ -- EBANX, a global technology company specializing in payment services for emerging markets, will inaugurate an Asia-Pacific Headquarters in Singapore on March 24. The HQ will further strengthen EBANX's presence in the APAC region, where the company has been partnering with leading e-commerce merchants to support their expansion into emerging markets since its founding in 2012.

In 2025, 36% of EBANX's Total Payment Volume (TPV) was processed for APAC. Founded in Brazil, the company serves over 100 enterprise merchants in the region, including AliExpress, Gravity Game Vision, Weverse, XTransfer, and Canva. EBANX expects 30% TPV growth in APAC in 2026, driven by purchases from consumers and businesses in over 20 emerging markets where the company processes payments.

"We keep seeing a strong expansion movement of APAC merchants into emerging markets, especially in Latin America and Africa," said João Del Valle, CEO and Co-founder of EBANX. "In the current global landscape, companies are searching for diversified growth opportunities, strengthening South-South ties and building resilient global partnerships," he added.

EBANX has strengthened its presence across Asia. Since 2019, the company has maintained its largest office outside Brazil in Shanghai, China, and, since 2024, a dedicated team in India. In 2025, it obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). Last month, Eduardo de Abreu, Chief Product Officer (CPO) of EBANX, was also appointed CEO of EBANX Singapore and relocated to the new HQ.

The expansion of EBANX's position in APAC builds on its long-standing relationship with the region. "The first story of EBANX is truly the story of APAC merchants' growth," said Del Valle, emphasizing that the company's first product, 14 years ago, was the integration of Brazilian payment methods for Chinese retail giants. Since then, the company has served more than 250 merchants based in the region.

Payment innovation and market expansion

Since 2015, Singapore has been EBANX's primary center for funds transfer capabilities. "With the inauguration of the new Headquarters, we are strengthening our presence in one of the world's leading hubs for innovation and technology," said Abreu. In addition to the CPO, 25 professionals will be based at the HQ, including senior leaders overseeing engineering, technology, treasury, compliance, market development, and merchant success. 

According to the IMF, MAS has managed to strike the right balance between progress and safety and soundness, positioning the city-state as a leading example in fintech innovation and regulation. The most recent data from KPMG on Singapore's fintech sector shows that this environment has attracted over USD 1 billion in investments in the first half of 2025 alone, with the payments vertical leading the way, accounting for 47% of the total deal value.

"EBANX's HQ in Singapore will serve as one of the key anchors of our global product strategy, becoming a cornerstone for the development of payment solutions for e-commerce merchants around the world," explained Abreu. The new center will also drive global market expansion, supporting North American and European companies to reach fast-growing economies such as India and the Philippines.

ABOUT EBANX

EBANX is the leading payments platform connecting global businesses to the world's fastest-growing digital markets. Founded in 2012 in Brazil, EBANX was built with a mission to expand access to international digital commerce. Leveraging proprietary technology, deep market expertise, and robust infrastructure, EBANX enables global companies to offer hundreds of local payment methods and streamline cross-border payments across Latin America, Africa, and Asia. Officially licensed as a Major Payment Institution (MPI) by the Monetary Authority of Singapore (MAS), the company is committed to supporting merchants with full regulatory compliance. More than just payments, EBANX drives growth, enhances sales, and delivers seamless purchase experiences for businesses and end-users alike.

For further information, please visit:
Website: https://www.ebanx.com/en/
LinkedIn: https://www.linkedin.com/company/ebanx

Media Contact:
Shan Huang
shan.huang@ahgstrategies.com

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

EBANX announces HQ in Singapore and forecasts a 30% growth for APAC merchants in 2026

EBANX announces HQ in Singapore and forecasts a 30% growth for APAC merchants in 2026

GUANGZHOU, China, May 2, 2026 /PRNewswire/ -- Building on strong overseas sales with 86% YoY growth in Q1, GAC has further accelerated its global expansion. From January to April, the company exported 70,474 vehicles, a 133.9% YoY increase. Guided by the "One GAC 2.0" strategy, GAC is advancing toward its annual target of 250,000 export units, with a stretch goal of 300,000.

As GAC's global strategic flagship, the AION UT continues to excel. In the pure electric hatchback segment, it ranks first in Hong Kong SAR, Colombia, Uruguay, and Singapore; second in Indonesia; and third in Thailand and Mexico. In Australia, the AION UT secured over 600 orders within its first pre-sales month.

Robust Regional Growth and Breakthroughs in Benchmark Markets

In Asia-Pacific, GAC secured 6,287 orders at the Bangkok International Motor Show. Monthly sales in Hong Kong SAR, Malaysia, and Indonesia surged by 503%, 900%, and 338%, respectively, while the AION UT officially launched in Australia. In Europe, the model debuted in Milan and commenced localized production with Magna in Austria, marking a critical step for GAC's "In Europe, for Europe" commitment. In Israel, AION entered the top 10 for EV sales just six months post-launch. Across the Americas, sales in Uruguay and Colombia skyrocketed by 775% and 1,007%. Concurrently, GAC continues expanding its sports marketing footprint by sponsoring top football clubs like Brazil's Flamengo and Bolivia's Oriente Petrolero.

Global Strategy Upgrade and Accelerated Eco-Expansion

At the 139th Canton Fair, GAC secured letters of intent for over 900 vehicles (approx. $10 million export value), demonstrating the strength of its "Technology + Ecosystem" model. The 2026 GAC International Partner Conference gathered 700 dealers from 87 countries, reinforcing the international sales network. At Auto China, GAC unveiled its 2030 Strategic Plan, aiming to enter 120 countries and establish over 2,000 overseas touchpoints. Leveraging a full-powertrain product matrix across its GAC, AION, and HYPTEC brands, the company targets one million annual overseas sales.

Transitioning from product exportation to deep-rooted global ecological integration, GAC is rapidly accelerating its journey toward the one-million-unit international milestone.

About GAC:

For further information about GAC, please visit: https://www.gacgroup.com/en or follow us on social.

 

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

GAC's overseas export volume breaks through to new highs, surging 133.9% year-on-year from January to April, as its global expansion journey enters the fast lane

GAC's overseas export volume breaks through to new highs, surging 133.9% year-on-year from January to April, as its global expansion journey enters the fast lane

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