Luiz Henrique Didier Jr. appointed Executive Director (ED) of Ebury in Brazil following acquisition which builds on the fintech’s global growth strategy
Ebury provides international accounts for companies in Brazil to increase access to global markets
Ebury’s global footprint workforce of 1,700 now spans 25 countries and 38 offices
Ebury, a global financial technology company, is delighted to announce that the Central Bank of Brazil has approved its acquisition of Bexs Group, including both Bexs Banco (foreign exchange) and Bexs Pay (payments). Now, both companies will work to advance the integration procedures and efforts to accelerate the launch of new products in the Brazilian market.
Luiz Henrique Didier Jr. (previously CEO of Bexs Group) has been signed as ED of Ebury in Brazil to lead the business in this region.
The acquisition will broaden Ebury’s offering of international money transfer solutions for SMEs and amplify its digital offerings to online businesses in Brazil, particularly marketplaces, investment applications, and software companies. Ebury will enable large-scale payments from abroad to Brazil by leveraging Bexs Group’s technology. The company aims to onboard 3,000 clients in the country by 2025.
Increasing its presence in Latin America is a key aspect of Ebury’s global growth strategy, with the company currently employing more than 1,700 employees across 38 global offices in 25 countries.
This will facilitate financial and commercial operations between Brazil and the world. The solutions conceived also comply with the Brazilian regulations and are an important step for the globalization of companies based in the country, especially small and mid-sized companies that have difficulties tapping into international markets.
Luiz Henrique Didier Jr., ED of Ebury in Brazil, commented: “This approval means we can now accelerate Brazil’s connection with the world’s key economic regions. We are excited to expand our offering for SMEs in Brazil operating in international trade and strengthen our position as leaders in meeting the needs of digital e-commerce, investment platforms, and other companies operating in the cross-border segment.”
“This acquisition opens up huge potential for Ebury to offer new foreign exchange services for Brazilian companies and to integrate payment solutions into global marketplace platforms. The international payments world still has many friction points, and we will continue to innovate to bring forward solutions to improve the experience of these services.”
Following the acquisition, Bexs Group will be branded as Ebury Bank in Brazil, as the company holds a local banking license concerning FX services. This allows the company to offer a full range of FX and international payments products to its customers.
Ebury is a global financial services firm that empowers businesses of all sizes to trade and grow internationally with ease by removing global barriers. It provides unified solutions such as international payments and collections, FX in 130+ currencies, cash management, business lending, risk management, and API integrations.
Founded by Juan Lobato and Salvador García in 2009, the company is one of the fastest-growing global fintech companies, with over 1,700 employees now operating from 38 offices across 25 countries. Backed by top-tier investors and regulated by the Financial Conduct Authority in the UK, Ebury transacted over £27 billion annually in FY22.
Client inputs the details of their payment method, such as credit card number, validity date and security code, […]
Embedded finance refers to the integration of financial solutions into ecosystems that are not originally financial. It brings advantages such […]
The event held in Las Vegas on October 22-25 will gather leading global brands from the fintech ecosystem.Money 20/20 event […]
Black Friday and Singles’ Day: 5 tips for success on these commemorative retail dates! The most important retail […]
Check out the data about cross-border e-commerce in Brazil and find out how to sell products to clients in other […]
See step-by-step instructions for joining this international marketplace and taking advantage of Amazon’s consumer base to sell on cross-border ecommerce. […]
See the product categories most wanted by Brazilians and get other insights about a market that has already taken to […]
See the latest developments in simplifying international financial transactions, including cross-border remittances. Since its official launch, in November […]
The Webshoppers 47 report details e-commerce figures in Brazil, which remained stable. Of the 108.9 million consumers, 72% make cross-border […]
Learn more about the changes in foreign exchange regulations to simplify international remittances for individuals and companies. The […]
Discover Amazon Seller Central see how the tool can transform your virtual store into a cross border e-commerce via the […]
Learn about the key changes brought by the bill approved by Congress and their impacts on the Brazilian crypto market. […]
Brazil’s payment option universe is marked by exclusive options, such as Pix, and well-consolidated habits. Learn about this market’s particularities. […]
See how your cross-border e-commerce can benefit from integrating NuPay for Business into your checkout: payment via Pix and in […]
Does your e-commerce payment provider offer boletos as an option? See three situations where payment via bank payment slip becomes […]
A payment API facilitates your company’s routine and benefits customers with a wide range of payment methods. Know more! […]
Learn about Brazil’s online instant payment system, check out the latest data and see how to offer this payment option […]
See the recent data on cross-border e-commerce in Brazil and discover how to offer the payment means preferred by this […]
Check out what we know so far about international Pix. New function of instant payment method is under development and […]
Discover what Double Eleven – or Singles’ Day – is and how this special Chinese date can be an excellent […]
Discover how an online payment platform can help your operations and how easy it is to make cross-border payouts to […]
Popular in the US since the 90s, cashback has never been bigger in Brazil. Discover how this feature can benefit […]
Open Finance is an evolution of Open Banking in Brazil. Find out how the country’s open data sharing environment works. […]
More fluid FX transactions are one of the conveniences of FX as a Service. Learn more about the advances in […]
Learn more about crypto payments and how cryptocurrencies are evolving in Brazil and around the world from investment opportunity to […]
Find out more about omnichannel, methods of integrating your sales channels and the advantages for your online business. If […]
Find out how to optimize your local or cross-border e-commerce payments and what makes transparent checkout the best option for […]
Are you split between a Payment Service Provider or payment gateway for your online business? Here are 3 characteristics making […]
Find out what live commerce is, how it can boost your local or cross-border e-commerce business and what you need […]
While NFC contactless payments have been widely adopted by physical retailers, QR Code payments are a local and cross-border e-commerce […]
Learn about chargebacks, how they can impact your e-commerce business and how to minimize payment reversals. The overall […]
Find out how to increase data security using antifraud solutions for online payments. Trust is a critical factor […]
Discover new online payment options and check out the data on Brazil’s Open Banking The last of Brazil’s […]
Credit in purchases, which have been very popular in Brazil for quite a while, are also a recent trend in […]
Find out what a payment service provider can do for your business and what to consider when choosing a solution […]
Discover what PCI Compliance/DSS is and why is it important for e-commerce. PCI Compliance, PCI DSS or Payment […]
Check out key data on Brazil’s e-commerce and Black Friday, as well as insights on how to achieve this market […]
Find out what social commerce is and how this channel can help your business grow. After social isolation […]
Check out some reasons to adopt payment links when billing products or services The e-commerce market is the […]
See how the money transfer through message application works and WhatsApp Pay impact on Brazilian payments. Since May […]
Check out what is already known about Digital Real and the possible impacts of digital currency in Brazil Digital […]
Find out the difference between recurring and installment payments and which of these payment methods is right for your business. […]
Do your e-commerce customers back out when it’s time to pay? Understand how to get around that behavior. […]
A summary about the news and the possibilities of transformation of the Brazilian Financial System.
Welcome to the Chinese new year 4719, ruled by ox and the metal element. Understand more about this date and […]
Even with the pandemic and the exchange rate fluctuation, online shopping from China is a growing trend that will continue […]
We explain payment gateways and payment providers (PSPs) to help you choose the best e-commerce option. Payment […]
Record digitization and a thriving innovation ecosystem. Understand the reasons for placing the region, and especially Brazil, in your expansion […]
The already growing demand increased with the pandemic, but the bottlenecks in payments for software impact the daily life of […]
Understand what pix is, how it came up and what is its impact in the future Brazilian payment market.
Double Eleven is celebrated in China, breaking sales records every year, and is now consolidating expansion to Brazil.
Partnership between Bexs and PayMyTuition optimizes payments for foreign courses, expanding access for Brazilians.
See data research on the unbanked in Brazil and find out how digital payment technologies have streamlined access to financial […]
Learn more about this trend from the United States that has become one of the biggest shopping dates in Brazil, […]
The partnership between the company and Bexs Bank demonstrates the importance of adapting to the market with growing demand for […]
How the coronavirus outbreak has accelerated the digital revolution in education globally and the barriers to consolidating this learning tool.
See the latest Webshoppers 41 figures from eBit|Nielsen, which is the largest survey of online sales in Brazil.
Our CEO, Luiz Henrique Didier Jr., presented on The Paypers some articles about payment industry and solutions, on the particularities […]
Bexs Bank brings insights about this segment that transformed cultures around the world, posts double-digit annual growth and shows highly […]
The barriers in companies for transactions involving forex hinder internal processes and the productivity of areas.
Learn more about installments, an unique method commonly adopted by Brazilians to purchase a wide range of goods and services.
Learn more about the subscription business model that is changing consumption patterns and remaking the economy.
Learn more about the importance of APIs to international business strategies and cross-border payment processing.
Brazilians are gaining more access to various products from Chinese online merchants thanks to easier payment and delivery process.
Bank slip is a payment method that is part of the daily life of millions of Brazilians. Find out all […]
Brazilian consumers are increasingly engaged in buying various products at competitive prices from international websites, despite the logistics and customs […]
The e-commerce market in Brazil is huge, but companies aiming to operate in the country must understand peculiarities regarding buying […]
In the world of payments, each country has its particularities. Brazil is no exception.