Brazilian payments firm Ebanx makes Southeast Asia push

Brazilian cross-border payments company Ebanx said it is expanding global operations, with a focus on Southeast Asia, strengthening its footprint outside Latin America.

Ebanx, which provides Uber (UBER.N), Shein and other global tech firms with payment methods in emerging markets, announced an immediate expansion to Thailand, Indonesia and Turkey, along with plans to enter Malaysia and Vietnam in the next quarter.