Operating in more than 20 countries and fresh off its entry into the Philippines, EBANX today announced another key milestone in its international expansion strategy: the appointment of Marin Mignot as Chief Operating Officer (COO).
The global technology company specializing in cross-border payment services for emerging markets has tasked the French executive with leading initiatives to enhance operational efficiency and ensure sustainable growth. He joins at a pivotal moment as the fintech accelerates its presence across high-growth regions, including Latin America, Africa, and Southeast Asia.
“My focus at EBANX will be on refining processes, strengthening structure, boosting efficiency, and driving growth,” explained Marin Mignot. “Think of it as a plane already flying high that needs a faster, more powerful engine to go even further. That’s what we want to do—perfect what’s already working while it’s in motion, without taking our foot off the pedal.”
With a background in aerospace engineering and experience in the financial industry at multinational companies such as Ingenico, Worldline, and Capgemini, Marin combines technical expertise with business acumen.
“We operate in regions that are writing the playbook for digital payments, not following it. Having a COO who thinks like an engineer and operates like a business executive allows us to stay ahead of the curve and anticipate what comes next so we can build our infrastructure accordingly,” said João Del Valle, CEO and Co-founder of EBANX. “This combination of skills is essential for a company that’s expanding at a strong growth pace like EBANX.”
The company’s global operations have grown consistently year after year. In 2024, EBANX hit a milestone: for the first time since its founding in Brazil in 2012, international markets accounted for more than half of total payment volume at 50.7%, up from 42.9% in 2023.
The next breakout digital commerce hub
Recognized for leading companies through challenging transitions, Marin Mignot has deep roots in emerging markets. He launched his career in Brazil, speaks fluent Portuguese, and has led business operations across virtually every country in Latin America. The new COO of EBANX has also lived in both Singapore and Malaysia, giving him firsthand insight into the dynamics transforming Southeast Asia into a digital commerce powerhouse.
“Southeast Asia offers a perfect storm for payments innovation: a young demographic, widespread mobile penetration, and a leap from cash directly to digital wallets, often skipping cards altogether. EBANX’s infrastructure for account-to-account and wallet transactions positions us ideally to capitalize on this shift,” said Marin.
According to World Data Lab data highlighted in EBANX’s Beyond Borders 2025, consumer spending in Asia is projected to surge 122% over the next 10 years despite the population rising by only 7%. Digital commerce is a key driver of this growth, expected to expand 14% annually through 2027 in the region’s emerging economies, with India at the forefront, per Statista data featured in EBANX’s study.
The Philippines, for example, where EBANX recently began operating, is one of the world’s most connected countries, with 98% internet penetration but extremely low credit card access—only 3% of people own one, according to Statista and World Bank data. In this landscape, digital wallets have become the primary driver of e-commerce growth and are now the most widely used payment method for online purchases, expected to grow by 28% annually over the next three years, according to Payments and Commerce Market Intelligence (PCMI) data analyzed by EBANX.
“This market dynamic reflects the new global economy where international companies need not just a presence in Southeast Asia, India, Africa, and Latin America. They must adapt to local consumer behaviors and payment preferences to succeed. That’s where operational efficiency meets technological innovation, building infrastructure that scales across diverse markets while remaining locally relevant,” explained Marin.