- The goal is to get closer to companies in Rio Grande do Sul engaged in international trade
Ebury Bank, the global fintech specialising in cross-border payments and FX risk management, announced the opening of a new office in Porto Alegre, Rio Grande do Sul. This expansion adds a fourth Brazilian location to the company's existing network in São Paulo, Recife, and Manaus, underlining Ebury's long-term strategic commitment to the Brazilian market.
Porto Alegre, the capital of Rio Grande do Sul and one of Brazil's most dynamic economic hubs, is home to a thriving agribusiness, industrial, and technology sector with deep ties to international trade. The new office will allow Ebury Bank to serve local businesses with on-the-ground expertise, offering the full range of the company's financial solutions — including international accounts, foreign exchange, FX hedging, cross-border payments, and digital API-based FX services for digital businesses.
Brazil represents one of Ebury's most strategic markets globally. Since acquiring Bexs Banco de Câmbio — rebranded as Ebury Bank — following approval by the Banco Central do Brasil in October 2023, the company has accelerated its local expansion, investing in regional talent, technology, and customer service capabilities tailored to Brazilian SMEs and mid-sized companies operating internationally.
"Opening our office in Porto Alegre is a natural and exciting step in our journey to bring world-class international financial services closer to Brazilian businesses. The South of Brazil has an extraordinarily vibrant economy, with companies across agribusiness, manufacturing, and technology deeply connected to global markets. By establishing a local presence here, we are not only expanding our geographic reach — we are reaffirming that Ebury Bank is committed to being a true partner for Brazilian companies at every stage of their international growth. There has never been a better moment to be in Brazil, and we are here for the long term." — David Brito, Country Manager.
Ebury Bank's expansion in Brazil reflects the broader global trajectory of its parent group. Globally, Ebury now operates across more than 45 offices in more than 30regulated markets and serves more than 27,000 clients worldwide. The company has consistently identified Brazil as a key market for long-term growth, given the scale of its international trade flows and the significant demand for efficient, transparent cross-border financial services among local businesses.
The opening of the Porto Alegre office is part of Ebury Bank's broader strategy to decentralise its Brazilian operations and bring specialised financial expertise to regions with high export and import activity, ensuring that businesses across the country have access to the same quality of service as those in the country's major financial centres.
