10 years ago

Ebury Secures $83 Million in Funding for Global Expansion

  • Ebury, a London-based fintech B2B startup, has raised $83 million in funding led by Vitruvian Partners with participation from existing investor 83North

  • The company plans to use the funds for further expansion across Europe and into the US

  • Ebury provides SMEs that trade internationally with online services such as money collection, money transfer and currency hedging, serving over 10,000 mid-sized businesses across Europe.

      • ProblemFinancial Services

      "Small and medium-sized businesses (SMEs) that trade internationally face difficulties accessing financial services like money collection, transfer, and currency hedging, which are typically reserved for large corporations."

      Solution

      "Ebury provides a suite of online financial services, including money collection, transfer, and currency hedging, specifically designed for SMEs involved in international trade. This allows businesses to transact in over 140 currencies and access up to 150 days of credit, offering them greater flexibility and control over their financial operations."

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