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EBANX: E-commerce boosts consumer spending in Southeast Asia and India, outpacing other emerging markets

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With a 122% increase over the next decade, consumer spending in this Asian region is expected to grow more than in Latin America and Africa, according to EBANX’s Beyond Borders 2025 study. E-commerce to accelerate at 14% per year by 2027

CURITIBA, Brazil, Feb. 4, 2025 /PRNewswire/ — Consumer spending in Southeast Asia and India is projected to increase by 122% over the next decade, outpacing other major emerging regions such as Latin America and Africa, which are expected to see growths of 57% and 103%, respectively. This surge, based on projections by the World Data Lab (WDL), is featured in the new edition of Beyond Borders, EBANX’s annual comprehensive study on the digital market and payment trends in emerging economies. The study can be accessed in full and for free at http://bit.ly/EBANXBeyondBorders2025.

Driven by their youthful, tech-savvy populations and expanding digital ecosystems, Southeast Asia and India are experiencing an increase in e-commerce transactions, which is one of the main factors fueling the largest consumer spending growth among rising markets. According to Statista data in Beyond Borders, online sales are projected to grow by 14% annually across emerging Asian countries over the next two years, with India leading the charge.

“The digital transformation and burgeoning middle-class consumer base in rising markets position them as pivotal players in the global e-commerce landscape,” said João Del Valle, CEO and Co-founder of EBANX, a global payment service provider (PSP) specializing in payments in emerging markets. With exponential growth in e-commerce and booming consumer spending, Southeast Asia and India, along with Latin America and Africa, have been playing pioneering roles in the payments industry.

“There is ample potential for merchants, financial institutions, and other players to benefit from all the payment innovations emerging from rising economies,” stated Del Valle.

Payment innovations

Consumer demand for real-time, seamless, and cost-effective transactions has made UPI, mobile money, and Pix the leading alternative payment methods for online purchases in India, Kenya, and Brazil, respectively. UPI leads the overall online sales in India, with 55% of the country’s market, followed by mobile money, which accounts for 48% of Kenya’s total e-commerce, and Pix, with 40% of Brazil’s online purchases, according to data from Payments and Commerce Market Intelligence (PCMI) in Beyond Borders.

Features like Pix Automático, set to launch in mid-2025, will unlock new recurring payment use cases and accelerate adoption in Brazil’s e-commerce. Beyond Borders’ exclusive projections reveal that Pix Automático could generate over USD 30 billion in online recurring payments within two years of its launch, per PCMI. This is a substantial figure, considering this credit card-dominated market vertical currently handles USD 50 billion annually in Brazil. EBANX’s study also predicts that the new recurring feature will account for 12% of all Pix’s online transaction volume by 2027.

Pix, UPI, and mobile money are also among the fastest-growing payment methods in online sales across emerging markets, expected to accelerate by 35%, 18%, and 16% per year by 2027, in that order. Debit cards are also one of the “game changer” payment methods, capturing 32% of the market across emerging economies, and still sustaining a 24% CAGR by 2027.

“Emerging markets are leading the global shift towards real-time payments, with innovations that match their populations’ demands for speed and convenience,” said the CEO of EBANX. “This results from an irreversible trend in the payments industry: the development of solutions completely adapted to local consumer behavior. And our report shows how this is taking place.”

To read EBANX’s Beyond Borders 2025 study, access http://bit.ly/EBANXBeyondBorders2025.

ABOUT EBANX

EBANX is the leading payment platform connecting global companies with customers from the fastest-growing digital markets in the world. The company was founded in 2012 in Brazil with the mission of giving people access to buy in international digital commerce. With powerful proprietary technology and infrastructure, combined with in-depth knowledge of the markets where it operates, EBANX enables global businesses to connect with hundreds of payment methods in different countries in Latin America, Africa, and Asia. EBANX goes beyond payments, increasing sales, and fostering seamless purchase experiences for businesses and clients.

For further information, please visit:
Website: https://www.ebanx.com/en/  
LinkedIn: https://www.linkedin.com/company/ebanx  

Media Contact:
Shan Huang
shan.huang@ahgstrategies.com 

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SOURCE EBANX PTE. Ltd.

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Ursa Major to Deliver Chemical Propulsion Capability for Tactical Satellite Bus Systems

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DENVER, March 13, 2025 /PRNewswire/ — Ursa Major has been awarded a contract for delivery of fully integrated GEO propulsion systems for a customer focused on critical space missions. The multi-year award totaling $10 to $15 million supports the development, manufacturing, assembly, integration, and testing of a full propulsion system capable of six degree-of-freedom maneuverability.

Building upon successful flights for hypersonic and defense applications in 2024, Ursa Major is leveraging its expertise in scaling manufacturing of propulsion systems to provide unfettered access to space. The recent growth in the satellite industry has demonstrated an increased demand for advanced propulsion systems that provide efficient mobility for maneuverability, collision avoidance, and timely deorbiting. A pillar to responsive space domain is a resilient supply chain that can meet the necessary mission lead times. Ursa Major is responding to this need with an off-the-shelf and scalable manufacturing approach to enable rapid delivery of mission critical capabilities.

“This award demonstrates the engineering rigor in propulsion systems to yield a new generation of highly maneuverable buses at significantly faster lead times than currently fielded systems,” said Ursa Major CEO Dan Jablonsky.

The development and production work of these in-space propulsion systems will take place at Ursa Major’s design, test, and production facility in Berthoud, Colorado and apply advanced digital manufacturing processes alongside vertical integration of key technologies to enable rapid deployment.

About Ursa Major

Ursa Major is an aerospace and defense company, providing products and solutions for hypersonic, tactical missile, and space mobility systems. The company applies state-of-the-art digital and additive manufacturing techniques to rapidly produce the most advanced, cost-effective solutions. Ursa Major has category-leading hypersonic, on-orbit, and solid rocket motor propulsion capabilities. Ursa Major’s customers range from commercial space technology providers to enterprise-level aerospace and defense leaders as well as the U.S. government. The company employs the most sought-after engineers from top aerospace programs and universities, united in the core values of disruptive innovation, flying faster, and providing reliable and cost-effective systems. Headquartered in Berthoud, Colorado, with additive manufacturing facilities in Youngstown, Ohio, Ursa Major was named one of the best places to work by Built in Colorado three years in a row.

For more information, visit www.ursamajor.com

Media Contacts

Ursa Major

media@ursamajor.com

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SOURCE Ursa Major Technologies

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PROPERTY MELD EXPANDS PROPERTY MAINTENANCE OPERATIONS WITH ADDITION OF ZINSPECTOR INTEGRATION

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RAPID CITY, S.D., March 13, 2025 /PRNewswire/ — Property Meld, the leading property maintenance platform for property managers, announces its strategic integration with zInspector, highlighting its commitment to advancing property maintenance operations (PMO). This partnership marks a significant leap in unifying inspections and maintenance, enhancing efficiency while capturing reliable data for smarter maintenance decisions, naturally propelling PMO to the next level.

This partnership fits into Property Meld’s broader plan for ‘Nexus’, its initiative to bring every facet of maintenance operations together. ‘Nexus’ embodies its purpose: a connection point that eliminates inefficiencies, drives data-driven decisions, and redefines property maintenance. From vendor management to property accounting integrations, Property Meld is creating the future of property maintenance through connectivity—and the integration with zInspector’s inspection platform is helping bring that vision to life.

“Everyone knows that the property management industry continues to evolve at top speed, and data is the key to making informed decisions,” says Ray Hespen, CEO and Co-Founder of Property Meld. “With zInspector on board, we’re delivering on our promise to expand the Nexus ecosystem and give property managers the visibility they need to tackle maintenance issues head-on, and ultimately protecting investor returns.”

“At zInspector, we are dedicated to making property inspections as thorough and seamless as possible,” said Andrew Wallace, CEO and Founder of zInspector. “By integrating with Property Meld, we’re enabling property managers to take immediate action on inspection work, ensuring maintenance needs are addressed with speed and precision. This partnership represents a major step forward in how inspections and maintenance work together in the industry.”

This integration goes far beyond simply syncing zInspector’s inspection solution with Property Meld’s maintenance platform. By leveraging the data captured during every inspection, property managers gain deeper insights into their operations, allowing them to optimize workflows, reduce downtime, and ultimately boost profitability.

Additionally, Property Meld and zInspector will co-host a webinar on March 19, providing property managers with insights into how this partnership will optimize overall operational performance and the force behind a strong inspections and maintenance integration. For more details on this integration, visit www.propertymeld.com or www.zinspector.com.

About Property Meld
Property Meld is a property maintenance operations platform designed to enhance efficiency and provide clear oversight through improved data visibility. It significantly reduces repair times while optimizing and documenting communication to create a better experience for all stakeholders. Property Meld offers valuable performance metrics, enabling data-driven decisions to drive growth and profitability. Seamlessly integrating with leading property accounting software, it is an essential tool for modern property management.

About zInspector
zInspector is an industry-leading property inspection platform designed to streamline documentation, enhance transparency, and simplify inspections for property managers and owners. Through its advanced technology, zInspector ensures accurate, data-driven insights that support better property management decisions.

Contact: Madison Zimmerman, Property Meld
Phone: (605) 431-0265
Email: madison@propertymeld.com 

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SOURCE Property Meld

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Skylark Labs Reveals Scout MK I: Next-Generation Privacy-Preserving Public Safety Platform

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NEW YORK, March 13, 2025 /PRNewswire/ — Skylark Labs, a leading provider of AI-powered security and safety solutions, today announced the launch of Scout MK I AI Tower, an advanced mobile surveillance system designed specifically for public safety applications within the United States. This cutting-edge system leverages Skylark Labs’ proprietary Kepler AI platform to deliver unprecedented threat detection capabilities for law enforcement agencies, public event managers, and construction site operators across America.

Following the successful deployment of the Scout MK II for border security operations, Skylark Labs has adapted its revolutionary technology to strengthen security within American communities. As public spaces face increasingly complex safety challenges—from unauthorized access at construction sites to dangerous situations at community events—conventional surveillance systems typically sacrifice either comprehensive coverage or individual privacy. The Scout MK I AI Tower integrates multiple proprietary privacy-preserving sensors with adaptive AI for rapid deployment in any environment where public safety monitoring is needed.

MOBILE MK I MONITORING PLATFORM

The Scout MK I features a compact 20-50 feet telescoping design that deploys in under an hour and operates for 72+ hours on integrated solar power, eliminating the need for fixed infrastructure or external power sources. The system integrates proprietary privacy-preserving spatial mapping technology, multi-spectrum imaging, advanced radar, and AI-powered audio analysis into a rapidly deployable tower. The system’s onboard Kepler AI can detect weapons, unauthorized access, violence, crowd formations, and destructive activities in real-time. The audio analysis system identifies critical sounds including gunshots, breaking glass, and distress calls. The system can be fully operational within 60 minutes at construction sites, public events, critical infrastructure, or remote locations without existing security infrastructure.

PROPRIETARY PRIVACY-PRESERVING MULTI-SENSOR APPROACH

The Scout MK I’s privacy-preserving design creates a crucial balance for modern policing. By using proprietary spatial sensors rather than continuous video surveillance, the system protects privacy while maintaining security effectiveness. This approach allows police departments to deploy advanced monitoring in privacy-sensitive locations, reducing both community resistance and data storage requirements. When threats are detected, targeted visual verification activates only as needed, ensuring effective response without unnecessary surveillance of law-abiding citizens.

REVOLUTIONARY ADAPTIVE INTELLIGENCE

At the heart of the Scout MK I is Skylark Labs’ groundbreaking Kepler adaptive AI platform—a breakthrough on-device intelligence system that learns instantly from new environments without pre-training, detects threats proactively through multi-sensor analysis, operates entirely on-device with no external data transmission, adapts continuously to evolving security challenges, and maintains complete functionality without internet connectivity.

“What makes our Kepler platform revolutionary is its ability to recognize potential threats before they fully manifest,” explains Dr. Amarjot Singh, CEO of Skylark Labs. “The system begins learning immediately upon deployment, identifying normal patterns and distinguishing them from potential threats without requiring massive datasets or cloud connectivity. As it encounters new scenarios, it continuously refines its detection capabilities, dramatically reducing false positives while ensuring genuine threats aren’t missed.”

PROVEN TECHNOLOGY

The Scout MK I AI Tower is already being used by public safety clients across the United States.

“As security professionals, we’re constantly balancing effectiveness against resource constraints,” notes Greg West, Western Hemisphere Consulting. “The Scout MK I’s combination of mobility, adaptive intelligence, and privacy protection solves our most pressing operational challenges while building community trust. Its ability to continuously improve threat detection while reducing false alarms addresses the fundamental limitations we’ve faced with previous technologies.”

The Scout MK I AI Tower is now available for demonstration and deployment to qualified agencies and security operators across the United States. For more information about Skylark Labs’ public safety solutions, please visit Mobile Tower System: Advanced Multi-Sensor Surveillance Platform | Skylark Labs.

ABOUT SKYLARK LABS

Skylark Labs is a U.S.-based artificial intelligence company that is revolutionizing AI with adaptive technology that learns on any device from a single experience. Our brain-inspired architecture enables AI that adapts continuously like the human brain, eliminating operational disruptions while reducing costs. As a U.S.-based company, we specialize in advanced AI solutions for defense and security, delivering actionable intelligence at the tactical edge for enhanced situational awareness.

For more information, please contact us at info@skylarklabs.ai.

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SOURCE Skylark Labs, Inc.

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