Ebury
Also a provider — view Ebury’s profile →“Can a Santander-backed cross-border payments platform become the financial operating system for internationally-trading SMEs and mid-market businesses — while simultaneously monetising that infrastructure via embedded finance APIs sold to other platforms?”
Founded in 2009 as an FX and international payments broker for SMEs, Ebury progressively broadened into a full transaction banking platform covering payments, collections, hedging, and working capital finance. The 2019 Santander acquisition provided capital to scale into Latin America and Asia and to deepen product coverage. Ebury has since positioned itself as an embedded finance infrastructure provider through 'Ebury Connect', enabling third-party platforms to white-label its payments and FX stack — a notable shift from pure B2B payments into infrastructure-as-a-service.