October 18, 2019
Brazil's Ebanx said it has received a "significant follow-on investment" from the US firm FTV Capital to become the latest "unicorn" in Latin America worth more than $1bn.
The payments financial technology firm did not reveal the size of the investment. It initially received $30m from FTV and Endeavor Catalyst in December 2017. Since then, it has nearly doubled its processing volumes to more than $2bn, according to a statement from Ebanx.
Founded in 2012, Ebanx offers payment methods in seven co
Brazilian fintech receives an additional investment from FTV Capital to become the latest unicorn in Latin America