| Founded | 2012 |
|---|---|
| Closed | 2023 |
| Country | Brazil |
| Sector | Fintech |
| Total raised | ~$430M (multiple rounds, 2012–2021) |
| Collapse type | Mass Layoff Spiral |
| Founder | Alphonse Voigt |
EBANX (growth collapse)
"Brazil's LatAm payments unicorn gutted by US sanctions risk and mass layoffs after a $3B peak valuation"
Cascading layoffs that accelerated the decline
Key Events Timeline
EBANX built the infrastructure for global merchants (Amazon, Spotify, Netflix) to accept local payment methods across Latin America.
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