Santander and Partners Invest £550 Million in Ebury for Expansion and AI Development

Santander will invest £50 million as part of approximately £550 million funding rounds for Ebury, its global fintech platform focused on cross border payments and international trade, announced in a press release. The funding is led by Centerbridge Partners, with participation from existing shareholders including Santander, Vitruvian Partners, and 83North.

Santander will maintain its 55 percent majority stake in Ebury following the transactions, which will be executed in two separate deals subject to regulatory approval. The bank said this reinforces Ebury’s role as its platform for small and medium enterprise cross border payments.

Ebury operates in 30 regulated markets and serves over 27,000 businesses worldwide, supporting payments in more than 140 currencies across 160 countries. Its platform enables clients to manage foreign exchange risk, transfer funds between subsidiaries in real time, and connect with financial systems.

The funding will support product development, geographic expansion, and scaling of operations, with a focus on enhancing AI capabilities to improve payment processing and foreign exchange solutions.