Ebury to expand in Latin America after opening Brazil office

Wednesday 26 January 2022 13:29 CET | News

Global fintech specialising in international payments, Ebury, has prepared to accelerate growth in Latin America following the opening of its Brazilian office. 

After a successful entrance into the market, Ebury now plans to further develop its global transaction banking platform for the Latin America market and expand its range of services to better serve companies dealing in this region to meet client demand. The new office in Sao Paulo, Brazil, gives SMEs in Europe access to a provider of foreign exchange and other corporate banking services in a particularly complex market and access to the wider Latin America region. It also helps businesses within the region simplify international trade. 

Ebury’s capabilities allow companies to send and repatriate funds from Brazil, as well as providing foreign exchange protection facilities to hedge against the volatile FX market. The Brazilian office has also provided Europe-based SMEs with local knowledge of the Latin America market which is vital given the specific operational and fiscal characteristics of the region. 

Expansion in Latin America is a major strategic focus for Ebury following the investment of Banco Santander in 2019 as it continues to roll out its innovative proposition to new global markets. 

Ebury offers financial solutions to help SMEs and midcaps trade internationally. It specialises in international payments and collections, offers foreign exchange in over 130 currencies for both major and emerging markets, as well as cash management strategy, trade finance, and foreign exchange risk management. 

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Keywords: expansion, FX , B2B payments
Categories: Banking & Fintech
Countries: Brazil, Latin America
This article is part of category

Banking & Fintech

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