Unicorn, based in Brazil, becomes a member of Colombia Fintech

EBANX is a Brazil-based fintech company specializing in payments in Latin America. This unicorn is now also a member of Colombia Fintech. This was reported through the latter’s website.

“With offices in more than 10 countries in the region, EBANX has been connecting global companies to Latin America since 2012 and providing local payment methods for large and medium-sized companies that sell their products and services online to Latin Americans,” they said.

“EBANX achieved unicorn status in 2019 and has already reached more than 70 million Latin American consumers”they added later.

Unicorn, based in Brazil, becomes a member of Colombia Fintech
Unicorn, based in Brazil, becomes a member of Colombia Fintech

On the other hand, they highlighted that EBANX’s activities in Latin America grew 200% in 2020 and Colombia was a major driver.

According to EBANX’s Beyond Borders study, Colombia recorded a 29% increase in the number of online consumers in 2020 and the e-commerce market is expected to double by 2023, with an emphasis on digital products and services that grew by 63%. during the pandemic.

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