NIBC bank invests in Ebury to further opportunities in cross-border trading

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30 May 2017

Written by
Lucie Pankova

Global Marketing Executive at Ebury, Masters in Management Graduate from Cass Business School, London.

Ebury, one of the fastest growing fintechs for corporate cross-border payments and growth lending, today announced investment from NIBC bank. The new partnership will open up cross-border trading opportunities for NIBC customers. Ebury will provide NIBC bank customers with an innovative platform for payments, risk management and funding.

M
any mid-size businesses do not have access to compelling international banking solutions or expertise, thus limiting their possibilities in cross-border trade. Both NIBC bank and Ebury will enable customers to gain an international business banking solution including solutions in most emerging markets; allowing them to benefit from international trade to accelerate growth.

The partnership with NIBC bank will allow Ebury to further grow and develop its business in the Netherlands, Germany, Belgium and across Europe. Since inception in 2009, Ebury is one of the fastest growing fintech companies globally, employing over 500 staff, with offices in eight European countries and have raised over $120m of investment from the top technology investors.

Juan Lobato, CEO and co- founder of Ebury, says: “We are delighted to announce our partnership with NIBC. The NIBC team have shown outstanding achievements when it comes to placing their customer interests first. This is a great example of how banks can successfully partner with credible fintechs to improve their propositions. We look forward to bringing our solutions to NIBC customers, who will benefit from continuous innovation and a strategic international banking solution”.

As a leading bank in the Netherlands, NIBC continually make additions to their financial solutions for their medium-sized client base, this includes recent additions of capital market solutions, cashflow management and leasing capabilities.

Paulus de Wilt, CEO of NIBC Bank, states: “Our ambition is to make a difference for our clients at decisive moments. We seek to be entrepreneurial, innovative and professional – and in this ambition we have found a true partner in Ebury. Ebury has developed a state of the art platform for cross border financial solutions, which will become available for our Northwestern European clients and allow them to accelerate their international growth. This partnership complements our existing product offering, ranging from tailored debt financing, equity and mezzanine solutions, M&A advisory and capital markets solutions.”

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