6 years ago

Santander Acquires Majority Stake in Ebury for £350 Million

  • Banco Santander is investing £350 million in Ebury, a trade and foreign exchange platform for SMEs

  • The deal will see Santander acquire a 50.1% stake in Ebury, with £70 million being used to fuel the company's expansion into new markets in Latin America and Asia

  • This partnership will allow Ebury to leverage Santander's extensive network and resources to enhance its offerings and reach a wider customer base.

      • ProblemFinancial Services

      "Small and medium-sized businesses (SMEs) face challenges when trading internationally, including accessing trade finance and navigating complex foreign exchange regulations."

      Solution

      "Ebury provides a platform that simplifies international trade for SMEs by offering foreign exchange services, trade finance solutions, and a user-friendly interface."

      Covered on