Ebury Maas Payments expands in US

Ebury, the global financial technology firm, has opened a Representative Office in Cary, North Carolina, to expand its Mass Payments business throughout North America and internationally. The move will build on Ebury Mass Payments’ existing partnership with Community Federal Savings Bank and provide high-volume payment and execution solutions to businesses across a range of sectors, including insurance providers, pension administrators, and financial institutions.

The new office will be led by John Moran, a senior executive with over 30 years of experience in the payments and fintech industry, including leadership positions at JPMorgan, Deutsche Bank, and GE. Ebury’s cutting-edge technology and bespoke client services deliver unmatched support to companies needing payment and payroll solutions.

Ebury has a geographical footprint spanning 32 global offices and the ability to settle in over 200 countries across 140 currencies. The company has transacted over $21 billion in the last 12 months. Owain Walters, Global Managing Director of Ebury Mass Payments, said the expansion would allow the firm to support global businesses with their payments and payroll functions.

John Moran, Head of Ebury Mass Payments in the US, said the move presented a huge opportunity to expand Ebury’s presence in North America, with many sectors requiring international payment and FX services delivered with bespoke care. Moran added that he looked forward to working with the team to support growing businesses with state-of-the-art technology solutions as a premier non-bank provider of high-volume payment and FX execution solutions.

Ebury’s opening of a Representative Office in the US follows its recent launch of an office in Barcelona, Spain, expanding its European presence to 10 locations. The fintech firm is backed by investors including the co-founder of TransferWise, Taavet Hinrikus, and the co-founder of LendInvest, Christian Faes.