Ebury, Santander’s fintech platform focused on cross-border payments and trade solutions, has secured a funding package of around £550m to support growth and international expansion.
The funding rounds are led by Centerbridge Partners, with participation from existing shareholders Santander, Vitruvian Partners and 83North. Santander will invest £50 million and remain Ebury’s majority shareholder with a 55% stake.
The rounds will be completed through two separate transactions, subject to customary regulatory approvals.
Ebury operates in 30 regulated markets and serves more than 27,000 businesses. The platform enables payments in more than 140 currencies across 160 countries.
The company’s services include international payments, foreign exchange risk management, real-time movement of funds between subsidiaries and integration with client financial systems. Santander said Ebury has increased revenues by more than 30% per year since its investment in 2020.
Ebury said the proceeds include primary and secondary components. The funds will be used to support product development and geographic expansion.
The company also plans to scale AI capabilities to improve payment processing, optimise foreign exchange solutions and enhance the customer experience.
Ebury CEO Juan Lobato said: “We are delighted to welcome Centerbridge as a new investor alongside our existing investors. We are also very pleased to continue our partnership with Santander, having demonstrated that by combining the strengths of a leading European bank with a fast-growing fintech, we can build a world-leading cross-border payments platform for businesses.
“These investments come at a pivotal time, as the evolution of digital money infrastructure and agentic payment workflows will provide strong tailwinds and further accelerate our growth.”
Santander said its 2026–2028 targets remain unchanged. By 2028, the group aims to exceed 210 million customers, deliver mid-single-digit revenue growth and reduce total costs annually. It is targeting profit of more than €20bn and return on tangible equity above 20%.
Ebury is part of Santander’s Payments Solutions global business. Santander said the unit targets annual revenue growth of more than 15% over 2026–2028, in constant euros and on a like-for-like basis, and an EBITDA margin of around 45% by 2028.
“Ebury secures around £550m to expand cross-border payments platform” was originally created and published by Electronic Payments International, a GlobalData owned brand.
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