Santander Strengthens Its International Trade Operations for SMEs With the Completion of the Investment in Ebury – Yahoo Finance

  • The deal has successfully obtained all regulatory approvals from required authorities.
  • Santander acquires a c.50.1% stake in Ebury after an investment of c.£350 million (approximately EUR 400 million) and will support its expansion plans in Latin America and Asia of the payment and currency platform for SMEs

Banco Santander announced today the completion of its purchase of a c.50.1% stake in Ebury, one of the best international payment, FX and international cash management platforms for SMEs, after obtaining all regulatory approvals from the required authorities. This