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EBANX, a fintech firm for payment solutions in Latin America, confirms that it has finalized the acquisition of Juno, a Brazilian payments firm that enables e-commerce via billing and banking services in the South American country.
Juno, one of the key players in the domestic payments sector in Brazil, has considerable expertise in the field. Juno’s clients include over 35,000 small and medium companies in Brazil that use its billing and payments solutions, “including its digital account Conta Juno,” according to an update shared with CI. The completion of Juno’s acquisition by EBANX follows a $430 million Series C investment that EBANX received from Advent International in June, “as well as the acquisition of shares in the Brazilian Banco Topázio, which is helping to optimize the company’s foreign-exchange operations,” the announcement confirmed.
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