Funding round
EBANX Growth
Reported as "Growth Equity"
EBANX, which works in cross-border payment solutions in Curitiba, raised $30M in a Growth round announced on 1 Dec 2017, led by FTV Management Company. 2 firms took part. It is EBANX's first venture round on record.
$30M
Amount raised
Not disclosed
Post-money valuation
2
Investors
1 lead
Valuation
What this round says about the price
EBANX did not disclose a valuation in this round. It is EBANX's first venture round on record, 5 years after it was founded in 2012. It is 6.5% of the $460M EBANX has raised in the venture rounds on record. EBANX raised again 42 months later: a Growth round of $430M in Jun 2021.
EBANX's funding rounds
EBANX has 2 venture rounds on record. This one is highlighted.
- Growth this round 1 Dec 2017, led by FTV Management Company $30M
- Growth 15 Jun 2021, led by Advent International $430M
Investors
Who put money in
FTV Management Company led the round with 1 other firm.
Lead investor
- backs 62 venture-backed companies new investor
Also in the round
- Endeavor backs 236 venture-backed companies new investor
Joined the board: Robert Anderson (FTV Capital) and Chris Winship (FTV Capital).
Use of proceeds
What the money is for
According to the announcement, the money goes to geographic expansion and scaling operations.
- Geographic expansion
- Scaling operations
Comparable rounds
How it compares
8 Growth rounds in Payment Processing & Point of Sale within a year either side disclosed an amount; the median was $49M, and this round was 62% of the median. The closest in time, other companies' Growth rounds in Payment Processing & Point of Sale:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Payment Processing & Point of Sale | 13 Dec 2017 | $47M | $950M | Dawn Capital |
| Payment Processing & Point of Sale | 22 May 2018 | $35M | not disclosed | not named |
| Payment Processing & Point of Sale | 5 Jul 2017 | $25M | not disclosed | not named |
| PPRO Payment Processing & Point of Sale | 16 Jul 2018 | $50M | not disclosed | PayPal |
| Stripe Payment Processing & Point of Sale | 26 Sep 2018 | $245M | $20.00B | Tiger Global and Sequoia Capital |
| Payment Processing & Point of Sale | 27 Sep 2018 | $25M | not disclosed | Goldman Sachs |
| Koubei Payment Processing & Point of Sale | 25 Jan 2017 | $1.10B | $8.00B | Silver Lake and CDH Investments |
| Payment Processing & Point of Sale | 5 Jan 2017 | undisclosed | not disclosed | Frontier Capital |
Sources
Where this comes from
Reported by 4 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did EBANX raise in its Growth round?
EBANX raised $30M in its Growth round, announced in Dec 2017.
Who led EBANX's Growth round?
FTV Management Company led it, with Endeavor.
What was EBANX's valuation at the Growth round?
It was not disclosed.
How does it compare with other Growth rounds in Payment Processing & Point of Sale?
8 Growth rounds in Payment Processing & Point of Sale within a year either side disclosed an amount; the median was $49M, and this round was 62% of the median.
Did EBANX raise again after this round?
Yes: a Growth round in Jun 2021 of $430M.