Ebury Raises $83M in Venture Capital Funding

eburyEbury, a London, United Kingdom-based fintech B2B startup, raised $83m (£54m) in funding.

The round was led by Vitruvian Partners with participation from existing investor 83North (formerly Greylock IL).

The company, which has raised $110m in total, intends to use the funds for further expansion across Europe and into the US early next year.

Led by Salvador Garcia, CEO and Co-Founder, Ebury provides SMEs that trade internationally with such online services as money collection, money transfer and currency hedging, among others, which are usually reserved to large corporates.
With its solutions, businesses can transact in over 140 currencies, backed by up to 150 days’ credit if required.

The company, which has offices in Madrid, Malaga, Amsterdam and Warsaw, employing over 300 people in total, serves over 10,000 mid-sized businesses across Europe (including 5,000 in the UK).



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