Portugal
“We already compete with large banks” in exchange risk. Ebury wants “service similar to management software” in the long run
Publication: ECO
Author: Mariana Bandeira
Source published: 08/10/2026, 06:15:45 UTC
Briefing created: 05/11/2026, 13:20:26 UTC
Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 08/10/2026, 06:26:25 UTC.
Briefings
British fintech Ebury moved its Lisbon office to increase staff and expand into corporate finance services, aiming to compete with large banks. The company expects to grow its team by 20-25% annually and hired four new IT staff by the end of the fiscal year. Key facts include a 2026 fiscal year revenue of 289 million pounds, a 40% improvement in AI analysis for capital laundering, and a shift from SMEs to large corporate clients. The company's fiscal year ends in April, and the current fiscal year ended in April 2026.
Key points
- Ebury expanded its Lisbon office to hire over 60 workers, targeting 70% growth in the team.
- The company expects to hire four new IT staff by the end of the fiscal year to reach nearly 70% of its current workforce.
Context
Ebury, a British multinational specializing in international payments and currency, relocated its Lisbon office in late 2025 to focus on corporate finance services. The move coincides with a 40% increase in AI capabilities for capital laundering analysis, allowing the firm to compete more directly with large banks in the European market.
Limitations
Fiscal year data is limited to the period ending April 2026, with revenue figures in pounds and euros. The company's long-term strategy remains partially unconfirmed, and specific future hiring targets beyond the fiscal year end are not explicitly detailed.
Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 05/11/2026, 13:20:26 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.
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