Ebanx: Raises $430m from Advent International
- Ebanx has announced an investment of $400 million from Advent International
- The Brazilian firm has also revealed an additional commitment of $30 million to the company’s planned IPO in the US
- Provides a middle layer of payments processing for major companies aiming to attract Latin American customers
- The firm counts Amazon, Alibaba, Shopee, Spotify, and Uber among its partners in the region
- Advent says that for the first time in its history, all four of its funds are participating in the same investment
- This includes Latin American Private Equity Fund (LAPEF), Global Private Equity (GPE), Advent Tech, and Sunley House Capital
