Euronet, a leading global financial technology solutions and payments provider, has announced the expansion of its independent ATM network (IAD) into Belgium and Mexico. This move brings the company’s global ATM footprint to 38 countries across Europe, Asia Pacific, Africa, and the Americas.

Belgium marks the 32nd European country in Euronet’s IAD network, reinforcing the company’s presence and leadership position in the region. Meanwhile, the launch of independent ATMs in Mexico signifies Euronet’s entry into the emerging LATAM market, marking the initial step in an accelerated expansion strategy for the region.

This expansion aligns with Euronet’s broader global expansion strategy, which focuses on strengthening its presence in existing markets while diversifying into new territories outside of Europe. The company employs a diversified go-to-market strategy, deploying its ATMs initially followed by strategic agreements with financial institutions.

Nikos Fountas, Executive Vice President and Chief Executive Officer of Euronet Americas and EMEA EFT Division, expressed excitement about the latest launches. “With Belgium, we further deepen and strengthen our presence in Europe, reaching more customers and offering greater cash accessibility,” he stated. “We are also excited about the launch of Mexico and the further diversification of our ATM network outside of Europe, which marks an important element of our international growth strategy.”

The recent expansion into Belgium and Mexico builds upon Euronet’s ongoing global ATM expansion initiatives. In recent years, the company has deployed independent ATMs in various regions, including Europe (Iceland, the Baltics, Norway, and Montenegro), Northern Africa (Morocco and Egypt), and Southeast Asia (Malaysia and the Philippines).

Euronet’s ability to rapidly enter multiple new markets and territories despite diverse regulatory requirements is a testament to its effective execution of strategic expansion plans. The company leverages flexible and state-of-the-art technology, expert resources, and optimized processes to navigate regulatory landscapes and ensure successful market entry.

Fountas emphasized Euronet’s commitment to global expansion and innovation in payment solutions. “The new country launches validate our ability to accelerate and expand globally with our superior technology, operational services, and proven value proposition, placing us at the forefront of payment innovation,” he affirmed. “The new geographies are already proving to be solid investments, and we will continue aggressively seeking similar opportunities in all parts of the world.”

With its latest expansion into Belgium and Mexico, Euronet strengthens its position as a key player in the global financial technology and payments industry. The company’s continued growth and strategic initiatives underscore its commitment to providing innovative solutions and expanding its reach to better serve customers worldwide.