EBURY ANNOUNCES INTERNATIONAL EXPANSION AND RECRUITMENT DRIVE

 Financial services firm has reached over £5Bn transactions on its platform, driving growth for British businesses

Ebury, the fast-growing financial services company that helps businesses to trade and grow internationally, has announced it is to increase its workforce by over 100 across its three core markets by December 2014, bringing the total number of employees to near 300.

Ebury will recruit over 100 new staff across its current offices in Britain, Spain, and Holland. This reflects Ebury’s plans to develop its operations internationally as it also targets the Polish, Irish, Italian, German and Belgian markets, with the intention of reaching a total of 10,000 new businesses joining its platform by the end of the year.

Following its receipt of an £18 million investment from different investors including Greylock IL, noted backer of firms such as Just-Eat, iZettle and Notonthehighstreet.com, Ebury is consolidating its position as the leading platform for businesses that trade and grow internationally, having transacted over £5 billion over the last 3 years.  As well as sending and receiving international payments and managing currency exchanges in emerging markets, businesses can also access short-term finance with Ebury. Businesses in the UK and Europe can access Ebury’s Trade Finance for short-term credit to help them pay for goods when importing from suppliers – up to a value of £1 million, for up to 120 days.

 “These results are very encouraging” commented Salvador Garcia Andres, CEO and Founder of Ebury. “With major banks across Europe still failing to support well managed firms, business owners in our core markets are increasingly relying on us to support their growth and international trade objectives. Ebury’s performance demonstrates the resilience of our customers to unfavourable economic circumstances and highlights the demand for targeted lending amongst growing businesses.”