Global law firm Ashurst has advised Centerbridge Partners on its investment in c.£550 million funding rounds for Ebury, Santander's global fintech platform focused on cross-border payments and international trade solutions.
Ebury operates in 30 regulated markets and serves more than 27,000 businesses worldwide, enabling payments in over 140 currencies across 160 countries. Its technology-driven platform allows clients to make and receive international payments, manage foreign exchange risk, move funds between subsidiaries in real time and integrate with their financial systems.
The proceeds, including primary and secondary components, will be used to accelerate growth through product development and geographic ex-pansion, with a focus on scaling the business and enhancing AI capabilities to improve payment processing, optimise foreign exchange solutions and enhance the overall customer experience.
The Ashurst team was led by corporate partners Gavin Weir and Hayley Gow, and included partner Christy O'Connell, senior associates Tom McCann and Nick Lever, and associates Ellie Conroy, Gareth Mair, Flora Porkolab and Lucrezia Lawrance. Partner Max Savoie, and senior as-sociate Tanaan Quek and associates Arnav Gupta, Hannah Sheikh and Khadija Patel advised on the financial regulatory aspects, with partner Andris Ivanovs and associate Jonas Weissenmayer advising on compliance matters.
