Ebury

What Ebury does

Ebury is a UK-headquartered cross-border payments and foreign exchange fintech founded in London in 2009 by Juan Lobato and Salvador García Andres, serving 25,000+ businesses across 30+ regulated markets and 160+ countries via 50+ offices and a team of 2,000+. The company operates four core product pillars: Business Accounts (multi-currency accounts supporting 140+ currencies with sub-modules for Payments & Collections, Mass Payments and Corporate Cards), Hedge (FX risk management covering spot, forwards, options, NDFs and structured hedging policies), Financing (Supplier Payment Finance working-capital credit) and Connect (Business APIs, software integrations with Xero/NetSuite/Dynamics 365/QuickBooks/Sage/SAP/Exact/Agicap/Clarity, and Embedded Finance). The technology stack centres on a cloud-based cross-border platform with web and mobile front ends (iOS/Android, with 130+ currencies supported), REST Business APIs, SWIFT GPI-powered payment tracking, and AI-assisted KYC/AML via third-party providers (Jumio, LexisNexis, Fenergo, Hawk AI, Sumsub, Comply Advantage, Resistant AI, Trulioo).

Ebury's business model is transaction-led, generating revenue primarily from FX transaction spreads on spot/forward/options/NDF trades across 140+ currencies, per-transaction fees on cross-border payments and mass payments, interest from Supplier Payment Finance, interchange and management fees on Ebury Mastercard corporate cards, and licensing/royalty revenue from the White Label Solution and Embedded Finance products. Pricing is quote-based and volume-tiered on Annual FX Volume brackets (£500k to £10m+) and Annual Revenue brackets (£5M to £50M+), with multi-year contracts for white-label partners. The company sells primarily through a sales-led go-to-market supported by dedicated multilingual local relationship managers, complemented by inside sales, product-led self-serve onboarding via web and mobile, an Affiliate Program, and software-integration-driven distribution. Ebury is majority-owned (55%) by Banco Santander since 2020, with additional backing from Vitruvian Partners, 83North and (from April 2026) Centerbridge Partners; an IPO at a reported ~£2bn valuation has been signalled.

Name

Ebury

Legal name

Ebury Partners UK Limited

Website

https://ebury.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Ebury is a UK-headquartered fintech providing multi-currency business accounts, cross-border payments, FX hedging and supplier financing to 25,000+ SMEs, enterprises and institutions across 30+ regulated markets via 50+ offices.

Ownership category

akta.pro rank

Product category

Cross-Border Payments and FX Services

NAICS

Sales Financing (52222)

SIC

Miscellaneous Business Credit Institution (6159), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Multi-Currency Accounts, Wallets & FX Management (Consumer/SME) (FSAGAKAF)

akta.pro secondary industries

Cross-Border FX, Multi-Currency & Treasury for Payments (FSAGABAK), Cross-Border & FX Payments Platforms (BPAMAFAK)

Keywords

• Cross-border payments
• Foreign exchange services
• Multi-currency accounts
• FX risk management
• Business treasury solutions

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices37 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. FX Transaction Spreads: Revenue generated from spreads on Spot FX, Forward Contracts, Options Contracts and Non-Deliverable Forward Contracts across 140+ currencies, with volume-based pricing tiers.
2. Cross-Border Payment Fees: Per-transaction fees and/or spreads on international payments, collections, and mass payments processed via Ebury Business Accounts across 160+ countries.
3. Supplier Payment Finance Interest: Revenue from Supplier Payment Finance product, providing working capital credit to reduce cash flow gaps for international businesses.
4. White Label / Embedded Finance Licensing: Licensing revenue from White Label Solution and Embedded Finance, allowing partners to offer Ebury's payments and FX under their own brand.
5. Corporate Card Interchange and Fees: Revenue from Ebury Mastercard corporate cards (virtual and physical) including interchange and management fees.

Pricing tiers

Go-to-market motion5 records

Distribution channels7 records

Marketing channels10 records

Core offering

Ebury provides multi-currency business accounts supporting 140+ currencies across 160+ countries, cross-border payments and collections, mass payments, FX risk management (spot, forwards, options, NDFs), corporate cards, and supplier payment finance. The offering is delivered through the proprietary Ebury Online platform, the Ebury mobile app, Business APIs, and a global network of 50+ offices with dedicated multilingual relationship managers, supported by 30+ local regulatory licences.

Product overview

Ebury is a global cross-border payments and FX risk management fintech operating as a platform-plus-modules architecture built around four core product pillars: Business Accounts (multi-currency accounts supporting 140+ currencies across 160+ countries), Hedge (FX risk management covering spot, forwards, options, NDFs and hedging policies), Financing (supplier payment finance and working capital), and Connect (developer-facing APIs, software integrations with Xero/NetSuite/Dynamics 365/QuickBooks/Sage/SAP, and embedded finance for partners). These core products are complemented by the Ebury App (iOS/Android mobile platform for managing global cash flows), a White Label Solution enabling partners (e.g., F.C. Copenhagen) to offer FX transfer services under their own brand, and an Affiliate Program. Ebury operates across 30+ regulated markets through licensed subsidiaries (Ebury Partners UK, Belgium, Lithuania, Australia, Canada, Switzerland, Cyprus, Hong Kong, Singapore, Brazil, South Africa, Mexico, Chile) and offers industry-specific solutions for Charities & NGOs, Global Sports, E-commerce, Maritime, Travel, and Funds, alongside embedded AML/KYC and AI-based monitoring integrations (Hawk AI, Comply Advantage, Trulioo, Jumio) to support customer onboarding.

Differentiator

Problem solved

Functional benefit

Brands

• Ebury What Borders?: Registered trademark owned by Ebury entities (e.g., Ebury Partners UK Limited), used alongside the EBURY mark.

Products and services

• Business Accounts Multi-currency business accounts allowing companies to send and receive payments globally in 140+ currencies, operate local accounts in 160+ countries, and manage balances and transactions in a unified view. Includes sub-modules for Payments & Collections, Mass Payments, and Corporate Cards.
• Payments & Collections International payments and collections functionality within the Business Accounts product, enabling businesses to send and receive payments globally with integrated FX hedging to stabilize pricing.
• Mass Payments Bulk payment functionality allowing businesses to make mass payments via API or simple file upload through Ebury Mass Payments Limited (FCA-regulated payments institution).
• Corporate Cards Corporate spending cards (virtual and physical) that let businesses control spending on Ebury Mastercard-branded cards, with mobile app-based card management including freeze and PIN reveal functions.
• Hedge FX risk management platform protecting payables and receivables from currency fluctuations across 60+ currencies. Includes Spot FX & Limit Orders, Forward Contracts, Options Contracts, Non-Deliverable Forward Contracts, and Hedging Policies modules.
• Supplier Payment Finance Working capital finance offering under Ebury Partners Finance Ltd, providing Supplier Payment Finance to give businesses fast, flexible credit to reduce cash flow gaps when paying suppliers.
• Ebury Connect Integration and automation product line comprising Business APIs, Software Integrations, and Embedded Finance, enabling developers and partners to connect, automate reconciliation, and embed Ebury's payment/FX capabilities into other products.
• Business APIs API offering under Connect that allows developers to automate reconciliation, minimise manual effort, and stay error-free by integrating Ebury with existing systems.
• Embedded Finance Capability that allows partners to enhance their own product offerings by embedding Ebury's payments and FX capabilities, supporting White Label solutions for FX transfer partnerships.
• Ebury Mobile App Mobile application for iOS and Android allowing Ebury customers to convert currencies, pay beneficiaries at competitive rates, view live rates for 140+ currency pairs, share account details, view balances across currencies, and approve payments with two-factor authentication.
• White Label Solution Partner offering under the Solutions for Partners section enabling businesses to offer FX transfer services under their own brand, illustrated by Ebury's partnership as F.C. Copenhagen's first Official FX Transfer Partner.
• Ebury Payment Tracker New feature powered by SWIFT GPI data, providing end-to-end live milestone tracking of outbound international payments. Allows users to see real-time status updates and payment journey from Ebury to beneficiary via the Payments tab on Ebury Online.
• The New Ebury Platform Rebuilt Ebury Online platform providing centralised account management (open accounts, add funds, personalized dashboard), fast flexible statements/reporting (PDF, CSV, XLS, MT940 exports), and tailored UX for modern businesses managing international finance.
• Affiliate Program Partner program for businesses that refer clients to Ebury's international payment and FX risk management services.

Quantifiable outcome

• 25,000+ total transacting clients in 2025
• +6 more outcomes

Named customers4 records

Segments10 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration21 records

AI capability4 records

Feature8 records

Partnerships

16 partnerships are on record, tiered minor, flagship and core.

• Tradewind FinanceminorGTM or Marketing Partner · 21 November 2025Ebury co-hosted a Tradewind Finance seminar in Hong Kong on November 21, 2025 focused on resilience strategies for importers and exporters in volatile markets, alongside Dun & Bradstreet. Discussed trade financing, FX risk hedging, and credit assessment.
• Dun & BradstreetminorGTM or Marketing Partner · 21 November 2025Dun & Bradstreet participated alongside Ebury in a Tradewind Finance seminar in Hong Kong on November 21, 2025 to discuss resilience strategies for importers and exporters, focusing on credit assessment tools.
• F.C. CopenhagenflagshipGTM or Marketing Partner · 19 November 2025Ebury became the first Official FX Transfer Partner of F.C. Copenhagen, announced on November 19, 2025. The partnership strengthens Ebury's presence in the Nordics and uses football sponsorship as a brand-building channel.
• Southampton Football ClubflagshipGTM or Marketing Partner · 15 August 2025Ebury was announced as the Official Fintech Partner of Southampton Football Club for the second consecutive season in August 2025.
• Aston Villa Football ClubflagshipGTM or Marketing Partner · 1 July 2025Ebury partnered with Aston Villa to power global business operations, announced as a press release in 2025. Football sponsorship extends Ebury's "Global Sports" vertical expertise.
• ArcaPayflagshipStrategic or Co-development Partner · 14 January 2025Ebury completed the acquisition of Lithuania-based ArcaPay in January 2025, forming Ebury Partners Lithuania UAB (authorised as Payment Institution by Bank of Lithuania, code LB002070) to expand presence in the Baltic and Finnish markets.
• RedeployableminorOthers · 15 April 2024Ebury partnered with Redeployable to create opportunities for military veterans. The partnership supports Ebury's Military Network (one of its employee-led networks) and ESG/community impact agenda.
• dLocalflagshipStrategic or Co-development Partner · 27 March 2024Ebury expanded its footprint in Africa through a strategic partnership with dLocal, announced in March 2024, enabling Ebury to deepen its presence across African markets beyond the South African office.
• Gabriel BortoletominorGTM or Marketing Partner · 27 February 2024Ebury extended sponsorship of F3 champion Gabriel Bortoleto as he begins his F2 season in February 2024. Sponsorship supports Ebury's Global Sports vertical marketing.
• Prime Financial MarketsflagshipStrategic or Co-development Partner · 12 December 2023Ebury acquired South Africa-based Prime Financial Markets in December 2023, marking its first presence in Africa and establishing a local office in Johannesburg (operated by Ebury Partners South Africa (Pty) Ltd, licensed Financial Services Provider 52062).
• XerocoreTechnology or IntegrationSoftware integration with Xero accounting platform, allowing clients to streamline bookkeeping by connecting Ebury with their accounting software.
• NetSuite (Oracle)coreTechnology or IntegrationSoftware integration with Oracle NetSuite for seamless ERP/accounting sync.
• Microsoft Dynamics 365coreTechnology or IntegrationSoftware integration with Microsoft Dynamics 365 ERP/accounting platform.
• QuickBookscoreTechnology or IntegrationSoftware integration with QuickBooks accounting platform.
• SagecoreTechnology or IntegrationSoftware integration with Sage accounting platform.
• SAPcoreTechnology or IntegrationSoftware integration with SAP enterprise ERP platform.

Scale indicators16 records

Recent moves12 records

Expansion highlights7 records

Direct peers

• Wise: Wise (formerly TransferWise) is a London-headquartered publicly listed fintech offering cross-border payments and multi-currency accounts to consumers and businesses. It directly competes with Ebury in the SME and enterprise cross-border payments segment with a similar product structure (multi-currency account + FX).
• Airwallex: Airwallex is a Melbourne-headquartered fintech providing cross-border payments, multi-currency accounts, and FX services to businesses globally. It competes directly with Ebury in serving SMEs and enterprises with international payment needs, particularly across APAC and European markets.
• OFX (formerly OzForex): OFX is an Australian-listed global payments and FX specialist serving individuals, SMEs, and enterprises with international money transfers and currency hedging. It directly competes with Ebury in the FX and cross-border payments space with a comparable target customer base of internationally active businesses.
• Revolut Business: Revolut Business is the B2B arm of Revolut, offering multi-currency business accounts, international payments, and corporate cards. It competes with Ebury in serving SMEs and mid-market companies with cross-border payment needs, particularly in the UK and European markets.
• Moneycorp: Moneycorp is a UK-based FX and international payments specialist serving SMEs, corporates, and private clients. It directly competes with Ebury in providing FX hedging, cross-border payments, and multi-currency solutions to UK and European businesses.
• Currencycloud: Currencycloud (now owned by Visa) is a cross-border payments platform offering API-based international payment infrastructure to banks and fintechs. It competes with Ebury's Connect/Embedded Finance offering by enabling partners to embed cross-border payment capabilities into their own products.
• WorldFirst: WorldFirst, owned by Ant Group, provides cross-border payments and FX services to SMEs and online sellers globally. It directly competes with Ebury in serving internationally active businesses, particularly those engaged in cross-border e-commerce and supplier payments.

Broad incumbents

• Western Union Business Solutions: Western Union Business Solutions is the B2B arm of Western Union, offering international payments and FX risk management to mid-market and enterprise clients. It competes with Ebury in cross-border payments but as part of Western Union's broader consumer remittance franchise.
• HSBC Global Trade and Receivables Finance: HSBC's Global Trade Solutions division offers cross-border payments, FX, and trade finance to multinational corporates and financial institutions. It competes with Ebury's enterprise and institutions segments as part of HSBC's full-service banking franchise.

Emerging players

• dLocal: dLocal is a Nasdaq-listed payments platform focused on emerging markets, enabling global merchants to process payments in Latin America, Africa, and Asia. It has a strategic partnership with Ebury for African expansion and competes partially in emerging market cross-border payment corridors.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Ebury_Fintech
• LinkedInlinkedin.com/company/eburyfintech

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries16 records

Funding overview

Funding rounds11 records

Investors12 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A4 records

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ebury