Brazil-based Ebanx acquires Juno to grow its service offerings

Miami — Ebanx, the Brazil-based international payments platform today announced the acquisition of Juno, a Brazilian startup in the business payments sector.

“Juno has huge talents in the company and we believe this is a huge acquisition for Ebanx and for our strategy in the future,” said Wagner Ruiz, co-founder and chief risk officer of Ebanx.

Ebanx serves as the payment processor for international companies in Latin America such as Amazon, Uber and Spotify, which traditionally would only accept international credit cards. “Spotify is a client, so when you pay for Spotify in Brazil, you’re paying through Ebanx,” Ruiz said. The company, which launched in 2012, today accepts more than 150 different types of payment in 15 countries across Latin America.