News

Finverity teams up with Ebury

Thursday 20 August 2020 10:48 CET | News

Cross-border finance platform Finverity has partnered with Ebury, a payments provider specialising in FX hedging, to boost supply chain finance offerings in emerging markets.

The two companies have already integrated their respective platforms via application programming interfaces (APIs). The partnership was agreed earlier in 2020 and became operational in mid-August.

Finverity says the link-up will support investors in developed markets looking to access supply chain finance deals in emerging markets, while the involvement of Ebury will reduce risk of exposure to volatile currencies and cut costs associated with large volumes of low-value payments to suppliers.


More: Link


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Finverity, partnership, Ebury, cross-border, supply chain finance, SCF, FX, application programming interfaces, APIs, currencies
Categories: Banking & Fintech | E-invoicing, SCF & E-procurement
Countries: United Kingdom
This article is part of category

Banking & Fintech