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EBURY ANNOUNCES INTERNATIONAL EXPANSION AND RECRUITMENT DRIVE

Published by Gbaf News

Posted on July 24, 2014

2 min read

· Last updated: October 31, 2023

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

Ebury Plans Major Recruitment Drive

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.

Expanding Across Key European Markets

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.

Significant Investment Boosts Expansion

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.

CEO Comments on Ebury’s Achievements

 “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.”

Key Takeaways

  • Ebury plans to increase its workforce by over 100 employees across its offices in Britain, Spain, and Holland by December 2014, taking its headcount to nearly 300 employees.
  • The company has transacted over £5 billion over the past three years, consolidating its position in facilitating international trade for businesses.
  • Ebury targets expansion into Polish, Irish, Italian, German, and Belgian markets and aims to onboard 10,000 new businesses by the end of 2014.
  • Ebury offers short‑term trade finance for UK and European businesses, providing credit up to £1 million for up to 120 days to assist with import payments.
  • Salvador García Andrés, CEO and Founder, emphasizes that Ebury is filling a gap left by major banks in supporting well‑managed firms for international trade.

References

Frequently Asked Questions

What workforce growth is Ebury planning?
Ebury plans to hire over 100 new employees across its Britain, Spain, and Holland offices by December 2014, bringing total staff to nearly 300.
How much has Ebury transacted over the past three years?
Ebury has transacted over £5 billion on its platform over the past three years.
Which new markets is Ebury targeting?
Ebury is targeting expansion into Poland, Ireland, Italy, Germany, and Belgium.
What are Ebury’s trade finance terms?
Ebury offers short‑term credit up to £1 million for up to 120 days to help businesses import goods.
Why is Ebury emphasizing its growth?
CEO Salvador García Andrés says major banks still fail to support well‑managed firms, increasing demand for Ebury’s targeted lending solution.

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