EBANX has appointed Marin Mignot as Chief Operating Officer (COO) as the company continues its expansion across more than 20 countries, including its recent entry into the Philippines.
The cross-border payments firm has tasked the French executive with strengthening operational efficiency and supporting sustainable growth across its key markets in Latin America, Africa, and Southeast Asia.
“My focus at EBANX will be on refining processes, strengthening structure, boosting efficiency, and driving growth,”
said Mignot.
“Think of it as a plane already flying high that needs a faster, more powerful engine to go even further.”
Mignot brings an aerospace engineering background and experience from multinational firms such as Ingenico, Worldline, and Capgemini.
EBANX CEO and Co-founder João Del Valle said the company benefits from “a COO who thinks like an engineer and operates like a business executive”, noting the importance of anticipating technological and market shifts as the company grows.
EBANX’s international operations have expanded steadily, with markets outside Brazil representing 50.7% of total payment volume in 2024, up from 42.9% in 2023.
Mignot has extensive experience in emerging markets, having lived and worked across Latin America as well as in Singapore and Malaysia.
He said Southeast Asia is undergoing rapid payments transformation driven by “a young demographic, widespread mobile penetration, and a leap from cash directly to digital wallets”.
EBANX’s Beyond Borders 2025 report highlights that consumer spending in Asia is expected to rise by 122% over the next decade, while digital commerce in emerging Asian economies is forecast to grow 14% annually through 2027.
The Philippines illustrates this shift: despite 98% internet penetration, credit card ownership stands at just 3%, making digital wallets the dominant online payment method, with projected annual growth of 28%.
According to Mignot, global companies expanding into Southeast Asia, India, Africa, and Latin America must adapt to local payment habits to succeed.
“That’s where operational efficiency meets technological innovation, building infrastructure that scales across diverse markets while remaining locally relevant,”
he said.
Featured image credit: EBANX
