Santander will invest £50 million ($67.4 million) in international payments fintech Ebury as part of funding rounds totaling £550 million. The transaction signals continued capital support for a fintech asset tied to cross-border payments and expands Santander’s strategic involvement in the business. Market impact appears limited, though the size of the round and Santander’s participation are constructive for Ebury’s funding profile.
Santander will invest £50 million ($67.4 million) in international payments fintech Ebury as part of funding rounds totaling £550 million. The transaction signals continued capital support for a fintech asset tied to cross-border payments and expands Santander’s strategic involvement in the business. Market impact appears limited, though the size of the round and Santander’s participation are constructive for Ebury’s funding profile.
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