London financial services firm Ebury signed a deal to acquire Brazilian FinTech Bexs in a move to broaden Ebury’s offerings of global money transfer solutions for small- to medium-enterprises (SMEs). Ebury operates in 20 countries. The purchase of Bexs includes businesses Bexs Banco for foreign...
Ebury’s new Parallel Forward program will help to ease trade with Chinese suppliers, a company blog post said Monday (May 10). The program will work to help Western businesses establish long-term supply chain relationships in China and will help the company’s dedication toward lubricating global...
FinTech firms Cobase and Ebury are now working together to roll out Ebury’s foreign exchange services on Cobase’s multi-banking platform, according to a press release. Cobase works in cloud-based corporate multi-banking solutions while Ebury is backed by Santander Bank and works in cross-border tech and...
As banks look to streamline access to finance or make it easier to safely share financial information with apps, Barclays Business Banking and Wells Fargo are joining forces with FinTechs on digital initiatives. Also seen in this week’s roundup of the newest collaborations is an...
May 12, 2022
London financial services firm Ebury signed a deal to acquire Brazilian FinTech Bexs in a move to broaden Ebury’s offerings of global money transfer solutions for small- to medium-enterprises (SMEs). Ebury operates in 20 countries. The purchase of Bexs includes businesses Bexs Banco for foreign exchange and Bexs Pay for payments, according to a press […]
April 29, 2020
Banco Santander has officially acquired a 50.1 percent stake in Ebury, a payments platform that has been growing at a brisk pace, for $453 million (£350 million). “The investment in...
November 04, 2019
Spanish bank Banco Santander is acquiring just over 50 percent of the U.K. payments platform Ebury for £350 million ($453 million), Ebury announced in a press release on Monday (Nov....