Ebury review: FX, payments and APIs for business (2026)

Ebury is a financial services company that helps businesses make international payments, collect money from overseas customers and manage currency risk. It was founded in London in 2009, is majority owned by Santander, and combines multi-currency business accounts, FX hedging tools and APIs in one platform.

On its own pages Ebury says it can send payments to more than 160 countries in more than 140 currencies and operates in more than 30 regulated markets (April 2026 release). Its focus is businesses with ongoing cross-border flows, from growing exporters and importers to institutions and platforms.

At a glance

How the platform works

Ebury is both a payments provider and an FX counterparty. A business opens an account, receives or sends money in many currencies and can convert between them at rates it sees before it transacts. The company says funds are held in segregated accounts and that its products are delivered by whichever group entity holds the right permissions in a country.

That last point shapes the architecture. Ebury is a group of locally regulated companies rather than a single licensed entity, and its products "may not be available in all jurisdictions or from all Ebury entities", in the company's wording. The group legal entities page lists them by country, from the UK and Belgium (with branches across Europe) to Singapore, Brazil, Mexico, South Africa, Chile, Canada, Australia and the UAE.

For payments, the company describes several routes. Local transfers are available in more than 50 currencies, and international transfers in more than 140. Ebury Instant moves money near-instantly between two Ebury clients. Incoming payments can be collected through local account details, so a customer abroad pays in their own currency, and the funds can be converted to the home currency. Our real-time payments guide covers the wider instant-payment context.

Products

Business accounts, payments and collections

Global accounts let a business hold, manage and convert more than 29 currencies, with local account details in 15 or more currencies (the FAQ on the same page says 14 or more, so the figure varies on the page). Collections are available in more than 30 countries. Approval workflows can be set per payment, and the company says funds can move between a client's subsidiaries in real time. Mass Payments sends bulk payments by file upload or API.

Corporate cards

Corporate cards can spend in multiple currencies, with team expense tracking. The page states this works without extra fees; the underlying fee schedule is not published on the page.

Hedge

The Hedge product line covers spot FX and limit orders, forward contracts, options, non-deliverable forwards and written hedging policies. Ebury states that rates can be locked for more than 60 currencies. These are tools for managing exchange-rate risk rather than moving money, and which instruments are offered depends on the entity and country.

Financing and institutional services

Financing includes supplier payment finance. On 21 October 2026 Ebury announced escrow and paying agent services for institutions (headline only; we did not open the release).

Ebury Connect

Ebury Connect is the developer layer. It has three parts: Business APIs for payments, cash management, hedging and reconciliation; no-code Software Integrations to more than 30 business tools, including NetSuite and Xero; and Embedded Finance for platforms that want to add payments and FX to their own product.

Developer experience and integrations

The API documentation describes Ebury as a licensed payment service provider and points to a Postman collection and a separate API reference. Ebury Connect pages state OAuth2 client authentication, backwards-compatible APIs, webhooks for real-time events and a stated 99.9 per cent uptime. They also describe virtual accounts for reconciliation. The introduction page we opened did not describe sandbox access or SDKs, so those should be confirmed with Ebury.

The payments FAQ gives useful detail on how bulk payments work:

All three support multi-level review. Clients can configure up to four extra approval levels after initiation, and a payment waits in a "verified but not authorized" state until approved. A payment with insufficient wallet balance is neither rejected nor cancelled; it waits for funds.

Payment methods, currencies and coverage

The company history page states 25,000 or more transacting clients and more than 1.9 million payments processed in 2025. An April 2026 press release says it serves more than 27,000 businesses. Differences like these reflect different measurement dates and definitions, so treat them as company statements rather than audited figures. The history page also lists expansion through acquisitions in Brazil, Mexico, the UAE and South Africa in 2023, and an acquisition of ArcaPay in the Baltics in 2025.

Pricing model

Ebury does not publish fee amounts on the pages opened. It says rates and applicable fees are shown before a transaction, and describes global accounts as having no hidden fees. Margins on FX, any account charges and card terms would therefore be agreed or shown inside the platform. Not published on the company website as of 3 November 2026.

Recent launches

On 30 April 2026 Ebury announced funding rounds of about £550 million, led by Centerbridge Partners, with Santander investing £50 million and retaining a 55 per cent stake. The release says the rounds close in two transactions, subject to regulatory approvals, with completion expected no later than the first quarter of 2027. The company says proceeds will go to product development, geographic expansion and AI capabilities.

Regulation in brief

Ebury publishes a group legal entities page listing each company with its own regulator or registration. Regulators named include the UK Financial Conduct Authority, the National Bank of Belgium, the Bank of Lithuania, the Dubai Financial Services Authority, ASIC in Australia, the Central Bank of Brazil and the Monetary Authority of Singapore, among others. The company states that product availability depends on each entity's permissions. Our guide to payment institution licences and how to check a financial licence show how to verify an entity.

Who it tends to suit

Ebury is commonly used by businesses with regular international supplier payments or overseas receivables that also want hedging support, and by platforms that want to add FX through an API. Companies mainly needing multi-currency accounts may compare Airwallex or Payoneer, and our Ebury vs Wise page sets out how it differs from Wise. Firms building FX into their own products may also look at Currencycloud. The cross-border payments hub lists related profiles.