Ebury & La Banque Postale to boost support for its SME customers

By Megha Bhattacharya

FinTech Ebury and La Banque Postale have teamed up in a bid to enable the bank’s customers who have access to Ebury’s services to open a foreign currency account, carry out spot foreign exchange transactions in 140 currencies and make international transfers from a secure, dedicated platform, 24 hours a day, 7 days a week.

“This partnership with Ebury, a FinTech specialised in simplified international transactions for businesses, allows us to support our SME customers in their international activities with an integrated, secure and efficient open banking solution. This project illustrates our ambition to become a reference banking partner for businesses by 2025 through innovative digitized paths,” said Serge Bayard, Deputy Chief Executive Officer of the corporate and investment bank serving businesses, local authorities and institutions, and Director of Businesses and Territorial Development at La Banque Postale.

Recently, client Lifecycle Management solutions provider, Fenergo announced that UK FinTech Ebury will be deploying the former’s CLM solution. Fenergo is expected to enable the FinTech to automate regulatory compliance and speed up client onboarding. According to Fenergo, it will integrate with Ebury’s Salesforce CRM solution with an aim to digitalise and enhance the end-to-end customer journey. The UK FinTech will be able to manage its KYC and AML regulatory processes on a single platform.

“Ebury is delighted with this new partnership with a bank that has embraced innovation. We are proud that a French bank is partnering with a fintech to provide this service to businesses, streamlining their international transactions and enabling them to consolidate their internationalisation” said Cyril Léger, Managing Director of Ebury France.