Ebury, a London-based global fintech specializing in cross-border payments and FX solutions, with a presence in over 20 countries, and Getnet Brasil, a technology provider for payment solutions, belonging to Santander's PagoNxt global group, will be present at the Money20/20 USA edition. The event has become the main stage for the payments, banking and fintech community.

The companies will be present as sponsors as well as share a booth at the Las Vegas edition of the event. The event is expected to bring together more than 11,500 participants, 3,000 fintechs, and over 350 speakers, who will discuss the main trends in the financial sector and the outlook for this ecosystem in the coming years.

Ebury will showcase its comprehensive portfolio of solutions for cross-border and multi-currency businesses, such as digital wallets, investments in exchanges and crypto assets, international remittances, iGaming sites, as well as the fast-growing cross-border e-commerce market in Brazil. It will also seek new business opportunities and digital partners for its platform solutions (API). 

Getnet Brasil will showcase its entire portfolio of solutions for digital businesses, including comprehensive payment checkouts, split payments, anti-fraud service, recurrence engine, payment links, vaults and brand tokenization.

Also, its executives Carlos Nomura, Global Vice President of Products at PagoNxt and Daniel Tafelli, Executive Superintendent of Digital Products at Getnet, will participate in the panel discussion “What’s next in Latam Payments Ecosystem?” 

Getnet and Ebury are currently working together on integrating and developing payment solutions that address the needs of customers that operate in multiple countries. The goal is to speed up and simplify cross-border transactions for companies that operate internationally.

Ebury in the global market

In line with its global expansion efforts, Ebury acquired Bexs, a Brazilian bank with over 30 years of experience in the cross-border payments and FX market , offering solutions in foreign trade for SMEs and scalable solutions (API) that meet the needs of large digital players such as Avenue, Revolut, Nubank, dLocal, Nuvei, PPRO and Ebanx, among others. The transaction is still pending approval from the Central Bank of Brazil (BCB). “Bexs’ FX as a Service (FXaaS) platform solutions and cross-border payments currently operate large global digital players and this acquisition is essential for consolidating our presence in Latin America and for Ebury's business in general. The future will be marked by the sharing of expertise so that we can reach greater heights as one company”, said Fernando Pierri, Global CCO of Ebury. 

Luiz Henrique Didier, CEO of Bexs, will participate in the event and sees in Money20/20 an opportunity to reach out to more global partners that aim to grow in Brazil. “We are committed to strengthening our alliances and expanding our presence in the digital industry. The first half of the year was very positive: the use of cross-border solutions grew 90% in number of transactions and over 140% in financial volume compared to the same period in 2022.”

Global convergence of payment systems and platforms

The payment methods market has been changing rapidly in recent years. Payments through WhatsApp, Pix, QR Code and contactless payments using NFC (Near Field Communication) technology are just a few examples that prove that this industry has been evolving day after day. 

Getnet, who currently serves 800,000+ customers and has over 15% market share, has already rolled out its global convergence strategy, involving its internal systems, platforms and solutions, in partnership with PagoNxt, the Santander Group's global hub that also includes the Getnet brand and boasts a global reach in the payments industry.

“This initiative will enable us to take Getnet Brasil’s products and services to other parts of the world, while bringing to Brazil innovative solutions developed by other group companies in other countries. It is more than a mere convergence of systems and platforms; it is a convergence of forces and ideas that will bring greater convenience to companies in different countries, which will now have access to new payment solutions, such as sales management software, financial reconciliation, digital payment solutions and FX services, among others, not to mention the portfolio of card readers'', says Cássio Schmitt, CEO of Getnet Brasil. 

The participation of Ebury and Getnet Brasil at Money20/20 will be crucial for connecting them to major global players in the digital economy, and further accelerating business opportunities and partnerships.