Ebury, the global financial services firm, is partnering with Form3, a leading global fintech offering account-to-account payments technology, to deliver instant payments in Canada via the country’s new Real Time Rail (RTR).
The partnership expands the existing relationship between the two companies, with Form3 already providing Ebury with connectivity to the UK’s Faster Payment Service (FPS) and Europe’s SEPA payment schemes, through its best-in-class cloud native platform.
Under this partnership, Form3 will enable Ebury to connect to Canada’s RTR , delivering instant payments and frictionless cross-border transaction capabilities to its corporate clients. Canada’s RTR, which is undergoing a phased rollout, is a new real time payment system supporting exchange, clearing and settlement.
The initial launch of the rail is taking place in Q4 2026, with additional participants able to join in phases throughout 2027. Ebury will leverage Form3’s platform to be among the pioneering institutions joining across the successive stages in 2027.
Form3 enables banks and fintechs to connect to payment rails in North America, the UK and Europe through just one platform, providing the financial fabric that institutions need to keep up with customer demand for global instant payments. It processes 5 billion transactions annually for over 40 global customers including J.P. Morgan, Barclays, Santander, and Klarna.
Mike Walters, CEO and co-founder of Form3 commented: “We are thrilled to be supporting Ebury to deliver instant payments in Canada. The new real time rail marks Canada’s move into instant payments, but it has somewhat of a late-mover advantage, having modelled its rail on both the UK and US’ offerings. As a result, banks and fintechs are looking for partners with a strong track record in these regions to support them to deliver instant payments in Canada and we are pleased to be bringing our experience to bear.”
Mike Malak, Country Manager at Ebury Canada commented: “Our existing success in the UK and Europe with Form3 made them a natural partner for instant payments in Canada. As we continue to expand our offering, simplicity, speed and minimising disruptions to our customers remain the top priorities. With Form3’s cloud native platform, we are able to add a new rail and ensure regulatory compliance with ease. We look forward to being able to offer instant payments in Canada to all of our customers as we empower them to unlock their global ambitions.”
About Form3
Form3 is building the Financial Fabric behind modern money movement.
Founded in 2016, Form3 applies cloud-native technology to the foundations of payments—connecting infrastructure, payment networks and capabilities through a secure, resilient and always-on platform.
Through a single API, Form3 helps banks and fintechs simplify payment connectivity, reduce complexity and adapt to change, enabling scalable, real time payment experiences across North America, the United Kingdom and Europe.
Trusted by leading financial institutions and fintechs worldwide, Form3 empowers its customers to move money with confidence and power what comes next.
About Ebury
Ebury is a global fintech offering innovative financial solutions to help ambitious businesses operate and scale in a borderless world.
Their proprietary technology and bespoke approach remove the friction from global cash flow operations, helping businesses unlock their global growth without barriers. From business accounts to hedge, financing, APIs, and more - Ebury offers everything businesses need to operate and grow in new markets with clarity, confidence, and control.
Founded in London in 2009 by Juan Lobato and Salvador García, they are expanding rapidly with a global presence across 50+ offices in over 30+ regulated markets.
Ebury Partners Canada Ltd. is registered as Money Services Business (“MSB”) with the Financial Transactions and Reports Analysis Centre (“FINTRAC”) (Reg. No.: M17949017) and licensed as an MSB with Revenue Quebec (Licence No. 12062). It is backed by top-tier investors, including Banco Santander, which holds a majority shareholding.
For more information, visit ebury.com
