Ebury is one of the world’s fastest-growing fintechs, specializing in Foreign Exchange, International Payments, and Business Lending. Recently, it confirmed its sponsorship of Web Summit Rio, a technology and innovation event that gathers entrepreneurs, investors, technology companies and leaders from around the world. For the first time ever, Web Summit will be hosted in a Latin American country.
 
With over 1,400 employees in 21 countries, Ebury aims to offer robust digital payment solutions integrated with platforms and marketplaces, such as Amazon, in addition to offering seamless solutions to small and medium businesses to simplify international trade. The fintech aspires to expand its talent in the technology and innovation area and Web Summit will be an excellent opportunity to strengthen relations with the innovation ecosystem as well as with professionals in the field.
 
Bexs Bank, which was recently acquired by Ebury, will also participate in the event, sharing a booth with Ebury. For Bexs Bank, Web Summit is a great opportunity to present its cross-border payment solutions (API), which are widely used by large digital companies and now target gaming and sports betting companies.

According to Ebury’s Global Chief Commercial Officer, Fernando Pierri, the initiative aims to strengthen the Ebury brand in the innovation ecosystem and in Brazil. “Ebury is expanding its digital solutions offering in the marketplace segment and other digital economy sectors. We want to access talent, technological solutions and reinforce our brand’s presence in Brazil. Our participation is aligned with the acquisition of Bexs, because we are betting big on the country.”

Bexs Bank is a pioneer in cross-border digital payment solutions, and Web Summit not only offers interaction with potential clients, but also the participation of fintechs that already use the bank’s solutions. “We have been on this journey for over ten years offering payment solutions for marketplaces, fintechs and other high technology sectors. At Web Summit, we can find global partners, based in Brazil or abroad, and showcase new products that simplify cross-border trade for all businesses, always within the payments and foreign exchange scope”, said Luiz Henrique Didier Jr., CEO of Bexs.

Over 15,000 people are expected to visit the booths of more than 500 investors and 750 startups participating in the four-day Web Summit in Rio de Janeiro.
 
Bexs Group was acquired by Ebury in May 2022, in a deal involving Bexs Bank (foreign exchange) and Bexs Pay (cross-border payments). The acquisition, which is pending regulatory approval, aims to expand the company’s offering of foreign exchange solutions for small and medium businesses, as well as provide digital services for companies selling products and services online in Brazil or for Brazilians who want to buy products and services across the world with easy-to-use, digital solutions.