Ebury joins forces with Unicaja Banco
International payments fintech Ebury Partners has agreed a strategic partnership with Spain’s Unicaja Banco, reports Jane Connolly.
Unicaja Banco can now offer Ebury’s foreign exchange, cross border payments and cash management services to the bank’s 400,000 SME customers and three million retail customers.
Ebury’s single platform enables the bank’s customers to make international payments in more than 100 currencies and collect over 40 currencies across Europe, APAC, Africa and South America.
Other features include access to flexible foreign exchange risk management tools in more than 130 countries and dedicated currency accounts in 20-plus countries.
“I am delighted that Unicaja, one of Spain’s largest banks, has chosen to work with Ebury and will offer our customer-led services to its extensive client base,” says Ebury’s CEO and co-founder, Juan Lobato. “Our tailored solution is a cost-effective way for Unicaja to reverse the trend of banks retrenching the services they provide to SMEs and marks an important improvement in its capabilities.”
Ebury has enjoyed rapid growth recently, having opened offices in eight countries since early 2018 and grown its customer base to 35,000 SMEs around the world.