Cobase Partners with Ebury for FX Services

​Ebury, a leading global FinTech backed by Santander Bank that specializes in cross-border financial services and risk management, announced that it has partnered with leading European fintech Cobase to open up Ebury's FX services to the Cobase multi-banking platform.

In a press release, Ebury states that the partnership will give clients broader access to more cost-effective FX services, and Cobase users will be able to receive competitive FX quotes from Ebury and book FX trades without the need to access any other system.

Furthermore, users will also be able to receive real-time status of transactions and reporting to automate the reconciliation process within Cobase, all seamlessly integrated with other Cobase Cash Management and Treasury Management modules.

Juan Lobato, Ebury's co-founder and CEO, commented: “We believe that companies of all sizes will increasingly use aggregated platforms, such as Cobase, to access financial services and manage their treasury functions. Connecting Ebury's competitive FX services with Cobase will make it easier for companies to access more automated FX services without any additional integrations.”

Joost Kevelam, Head of Financial Markets & Risk Solutions at Cobase: “Our aim is to make multi banking simple. By adding Ebury as a FX liquidity provider to our FX Exposure Management module, we offer our corporate clients more options to optimize their cross-border operations.”

The partnership between Cobase and Ebury reflects a growing European ecosystem where fintechs are combining to offer international businesses a smoother banking experience.