Ebury has developed a solution to help small businesses enter into cross-border commerce by removing the risks.
Details about Ebury
Internationalisation never been as important to commercials success as it is in this era of globalisation. Thus far, however, trading abroad has been particularly challenging for smaller companies and lone service-providers. Cross-border commerce and transactions in foreign countries have historically been subject to currency fluctuations and inefficient payment processes, both of which represent profitability risks. Ebury makes sure that these kinds of issues really are a thing of the past, having specialised in solutions for smaller companies dealing with customers and partners abroad. The start-up provides risk-free transfers in 140 currencies worldwide.
Moreover, it also offers credits to ensure smooth transactions which, according to Ebury itself, are markedly superior to what is on offer from traditional banks, where credits are difficult to get and often inflexible. The FinTech employs international currency experts who support Ebury clients in building up their international business, helping to minimise currency risks and working with international multi-payment solutions. Ebury provides its services using a proprietary online platform and caters to the import/export sector, charities, service providers, and online retailers.