Fintech Agency Ebury Companions with Santander Germany

SantanderSMEs Can Trade Internationally Easily With The Help of Ebury and Santander Germany’s Partnership
One of Germany’s leading financial services providers, Santander Germany, has partnered with the financial expertise platform Ebury to launch a collaboration that might help German businesses engage in international trade. The goal of this new alliance is to provide local SMEs with a comprehensive global financial solution to facilitate international trade.
Many buyers have already thoroughly reviewed the discussed alliance, according to Ebury and Santander Germany. The onboarding process for buyers has been shortened to as low as 24 hours as a result of this partnership. Ebury is working to streamline international trade, and this agreement will let buyers take full advantage of the combination of Ebury and Santander Germany’s businesses.
We are thrilled to be working with Santander to improve businesses for German companies that need to conduct business abroad. By joining forces, buyers will benefit from Santander’s significant financing capabilities as well as Ebury’s agility as a fintech and its specialised global transaction firms. All in all, we anticipate that this will be the start of a long and fruitful collaboration, and we’re already looking into further ways to help SMEs in Germany and provide an exceptional customer experience as a result of this partnership,” said Nils Hennemann, National Supervisor of Ebury Germany.
50.1% of Ebury is owned by Banco Santander via PagoNxt, a global cost fintech with an emphasis on technology. The financial giant announced a significant investment in Ebury’s last 12 months as a component of its digital strategy.
“This partnership marks a major advancement for German SMEs as we combine Ebury’s specialised knowledge with our strong lending skills and banking solutions to build a wholesale banking platform that will facilitate easier international trade. Peter Stindt, Head of Enterprise and Company Banking at Santander Germany, stated, “Banco Santander’s funding through PagoNxt in Ebury’s final 12 months is proof of the potential we see from harnessing the skills of conventional banks and best-in-class fintech.”

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