Skip to Content Facebook Feature Image

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

  • 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

DA NANG, Vietnam, Sept. 7, 2026 /PRNewswire/ -- Sungrow, the global leading PV inverter and energy storage system provider, proudly announced the launch of the next-generation three-phase hybrid inverters MGTL Series across Southeast Asia, Africa, Latin America, and beyond.

The MGTL Series covering a power range from 10 kW to 25 kW, integrates solar and energy storage capabilities into a highly integrated solution, helping householders and businesses maximize solar utilization, strengthen energy resilience, and simplify system deployment.

Higher Yields for More Solar Value

To unlock more value from every solar installation, the MGTL series features an industry-leading ESS PID solution—PID Zero® technology — to help protect PV modules and maintain long-term system performance. With PV input current of up to 20A per string, compatibility with high-current PV modules, and a wide MPPT voltage range, the series supports up to 250% PV over-sizing.

By combining advanced PV compatibility with intelligent energy conversion technologies, the new MGTL series significantly improves overall energy efficiency and delivers higher yields.

Seamless Backup for Greater Energy Resilience

As electricity demand becomes increasingly dynamic, reliable backup power is becoming essential for modern homes and businesses.

The MGTL Series delivers 0 ms switching between grid-tied and off-grid modes, enabling uninterrupted power supply during grid outages. Supporting up to 200% three-phase unbalanced output, a maximum charge and discharge current of 440A, and up to 2.0x AC overload capacity for 10 seconds, it powers demanding household and business loads with greater confidence.

Simplified Installation with Effortless Experience

The MGTL Series is also designed to improve the experience for installers and end users. Fanless operation enables ultra-quiet performance as low as 35 dB(A)(MG10/12/15Tl), while a 4.3-inch touchscreen on selected MGTL models supports convenient local monitoring and system adjustment.

Equipped with an integrated multi-function port, it enables flexible connections with diesel generators and smart loads, and the bus-bar terminal battery design supports streamlined battery deployment, supporting installers with fast, streamlined system deployment.

Built for Safety and Durability with an Open Battery Ecosystem

As safety remains a top priority for Sungrow, the MGTL series features standard AFCI 3.0R arc‑fault detection, covering cable runs up to 200 meters with a 20A detection current—keeping rooftops safe even over long distances and providing early warning against electrical fire risks. Integrating a patented explosion-proof design with dual pressure relief, an IP66 protection rating, and C5 anti-corrosion capability to ensure dependable operation in challenging environments.

At the same time, the series offers high versatility by seamlessly connecting with Sungrow's MBL120 and MBL160 battery series and an expanding range of third-party battery solutions. Together with the iSolarCloud platform, users and installers gain access to real-time system data and customizable energy management insights within a secure and open ecosystem.

With the launch of the MGTL Series, Sungrow continues to advance residential energy innovation by delivering smarter, safer, and more resilient energy systems for evolving needs.

 

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

Meet New MGTL Series: Sungrow's Latest Innovation for Homes and Businesses

Meet New MGTL Series: Sungrow's Latest Innovation for Homes and Businesses

Recommended Articles