Ebury scales up Dubai presence

Ebury, a leading global fintech, has expanded its mass payments division into the Middle East by establishing an office at the new Innovation Hub of the Dubai International Financial Center (DIFC).

The mass payments division provides software solutions to corporate clients as a long-term strategic partner. It is dedicated to delivering a market-leading mass payments service in the region, supporting clients with its responsive platform and customer service.

Ebury’s global presence and network of banking partners give companies access to a payments service in all countries and currencies. Its innovative tech platform also allows payments to be made quickly and securely with pre-verification of bank details, ensuring payments are delivered in full and on time.

The UAE is fast becoming a global fintech hub, which Ebury chose for its newest mass payments location due to the increase in digitalization and openness towards innovative payment solutions. It builds on Ebury’s existing presence in the area, demonstrates a commitment to scaling up in DIFC and allows Ebury to serve its existing UAE clients better.

In December 2020, Ebury became the first financial services company to be granted a financial services license to carry out the regulated activity of providing money services from DIFC.

Ebury’s commitment to the UAE reflects the region’s attractive growth and performance through the pandemic, which has seen it continue to attract substantial foreign direct investment (FDI). DIFC is the region’s largest financial services ecosystem and its Innovation Hub, which was inaugurated mid-2021, has already attracted global leaders like Ebury and Amazon.