Nium and Ebury launch cross-border payment service for Brazilian SMEs

Posted under: SMB
Date: 2024-02-28
Nium and Ebury launch cross-border payment service for Brazilian SMEs

Ebury, a FinTech company specializing in transactions for SMEs, has expanded its alliance with real-time global payments leader Nium. The partnership aims to introduce an innovative global remittance service in Brazil, marking a significant milestone following Ebury's acquisition of Brazilian FinTech Bexs. The partnership aims to empower businesses with the capability to execute fast, reliable, and cost-effective cross-border payments to and from Brazil. Ebury, based in London, utilizes Nium's expansive global payments infrastructure for international supplier and payroll payments. Nium, a global payment solution provider, has partnered with Brazil's Sao Paulo office to enhance digital payment solutions in the region. The partnership aims to improve efficiency, speed, and cost of international transactions, bolstering Brazil's connectivity to emerging markets and setting a global example in digital payment innovation.

Read more at: fintech.global