Ebury has expanded its Mass Payments division into a new geography by establishing a presence in the UAE market through the Dubai International Financial Centre’s (DIFC) new Innovation Hub.
The fintech firm’s Mass Payments division provides software solutions to corporate clients as a long-term strategic partner. It is dedicated to delivering a mass payments service in the region, supporting clients with its responsive platform and outstanding customer service.
Ebury’s global presence and network of banking partners gives companies access to a robust payments service in all countries and currencies. Ebury’s 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 digitalisation and openness towards innovative payment solutions. It builds on Ebury’s existing presence in the area, demonstrates 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 licence 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.
Owain Walters, Managing Director of Ebury Mass Payments, said, “We are delighted to launch our Mass Payments service into a new geography and bring our capabilities to an increasingly global client-base.
“The UAE represents a great opportunity to expand our Mass Payments services with government support and competition growing for digital payments. Ebury’s commitment to customer service and responsiveness alongside its innovative technology such as one-touch portals offer a compelling new option for businesses making mass payments in the region.”
