Ebury announces expansion of operations in Brazil at Money 20/20 Europe

By Delisha Fernandes

Ebury, a FinTech specialising in international payments, FX solutions, and business lending, announced plans to strengthen its proposition in Brazil and Latin America

Expansion in Latin America is a crucial area of Ebury’s global growth strategy and builds on its acquisition of Bexs, announced last year. As part of its growth plans, Ebury will strengthen its team in Brazil and launch more products locally, such as its multi-currency accounts, which will be a game-changer for Brazilian importers and exporters.

It has also been investing in scalable API solutions for businesses, such as its white-labelled proposition, which seamlessly integrates with third-party systems, which it already provides to major digital players such as Nubank, Ebanx, Nuvei and PPRO.

Fernando Pierri, Global Chief Commercial Officer at Ebury based in Brazil, said, “We are delighted to be showcasing Ebury’s expansion plan and new digital solutions at Money 20/20. Brazil is an important growth area for Ebury – it is a country of continental dimensions with over 170 million people connected to the internet, offering tremendous potential for growth in international trade.”

“As markets are increasingly connected globally, Ebury’s services are designed to deliver secure, frictionless international transactions whilst giving businesses greater confidence to deal with FX volatility. Our expansion will digitally connect Brazilian importers and exporters to Asia, North America, Europe and other regions.”

Ebury offers financial solutions and services to empower businesses of all sizes to trade and grow
internationally with ease by removing global barriers. It provides unified solutions such as
international payments and collections, FX in over 130 currencies for major and emerging markets,
cash management strategies, business lending, and FX risk management.