Ebury Announces £18m ($30m) Funding to Accelerate its Growth
June 23, 2014
Ebury announces that it has received £18m ($30m) of investment to accelerate its expansion.
This includes an investment by Greylock IL, the leading VC firm that has backed companies including Just-Eat, Payoneer, iZettle and notonthehighstreet.com. Other investors also participated. Laurel Bowden, a Partner at Greylock IL, will join Ebury’s board as a non-executive director.
The investment reflects Ebury’s success in meeting clients’ needs, and its fast growth and strong financial performance. It also endorses Ebury’s vision of a world where small and medium-sized companies increasingly operate across national borders to remain competitive and accelerate their growth. The investment will be used to help fund Ebury’s continued expansion, as it grows internationally and develops new products and services.
Read the full press release on Ebury’s website here