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Ebury continues growth expansion with new office in Toronto

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6 November 2017

Written by
Lucie Pankova

Global Marketing Executive at Ebury, Masters in Management Graduate from Cass Business School, London.

Ebury, one of the fastest growing fintechs for corporate global transaction services, today announced their first office opening outside of Europe in Toronto, to be led by Matthew Acton Davis as Country Manager.

his first Canadian office has been set up to support demand for international currency payments and collections, foreign exchange risk management and import finance solutions from businesses based in Canada. The new office will be located on Wellington Street in the heart of Toronto. Ebury now employ over 600 staff across Europe, with plans to sail through the 1000 mark before the end of May 2018 including aggressive expansion plans in Canada and the US in 2018 as Ebury move to scale their business globally, having successfully opened 12 offices in 10 countries across Europe.

Matthew commented: “This is the first office outside of Europe for Ebury and we are excited to bring our innovative financial solutions to small and medium size companies in Canada and North America. Ebury’s value proposition of providing service levels that are normally reserved for only the largest corporates has shown huge value thus far and I believe that we can help a vast number of companies in Canada to grow internationally with a suitable product suite coupled with an appetite to give businesses terms that suit their needs.”

Canada’s High Commissioner to the United Kingdom, Mrs Janice Charette, stated: “We are delighted to welcome Ebury into the exciting and innovative FinTech space that Canada has to offer. I wish them every success in Toronto as they continue to grow their business. Our Trade Commissioners are here to help UK firms, whether looking to expand into Canada or find Canadian partners.”

Juan Lobato, CEO and co- founder of Ebury, says: “We are delighted to have approval from the Canadian regulators to open our first office in North America, in Toronto. A thriving city with ambition and success. Having Matthew with his experience at Ebury to assist our clients and grow the team is fundamental to the success of Ebury helping companies achieve or exceed their international trading goals”.

He continues: “In addition to this, we have also opened offices in Manchester, Athens, Milan and Brussels in recent months so that corporate clients have consultants locally to assist with international payments, import finance and risk management requirements. This is all part of the continued successful expansion at Ebury, where we already have offices in London, Madrid, Malaga, Amsterdam, Warsaw, Paris & Zurich. These offices have been boosted by key hires from the banking and payments industry as Ebury continue to source the best talent in the space and develop internally”.