Ebury, a cross-border payments firm, is focusing on a strategic business shift by planning an initial public offering (IPO) in London come spring 2026. This move underscores the company’s aspiration for expansion and marks a noteworthy moment in its growth trajectory. By choosing to list in London, amidst dynamic global financial environments, Ebury not only aims to strengthen its market presence but also leverage the potential of favorable investment conditions typical to this financial hub.
Ebury had previously set sights on a public debut but reconsidered in light of market volatility stirred by adjustments in U.S. tariffs. This decision to delay suggests a cautious approach, aligned with ensuring optimal conditions for entering public markets. Back in May 2022, Ebury also expanded its global footprint by acquiring Brazilian fintech Bexs, indicating its globalization efforts. These acquisitions have helped Ebury solidify its position in new markets, expanding its geographic reach from 20 to 25 countries alongside establishing 38 offices by 2023.
What are Ebury’s IPO Aspirations?
The company’s board members and bankers are reportedly in talks about targeting a valuation of £2 billion, according to sources mentioned by Sky News. This figure reflects the value deemed necessary by Ebury’s backer, Santander, to proceed with the IPO. The determination reflects Ebury’s ambition to capitalize on its existing growth trajectory while maintaining the financial stability demanded by investors.
How do Ebury’s Recent Acquisitions Fuel its Growth?
Ebury has been expanding its market dominance through significant acquisitions, such as the purchase of ArcaPay in September 2025 and Prime Financial Markets in December 2023. These strategic moves fortify Ebury’s position in Europe and Africa.
“The integration of ArcaPay into Ebury Partners Lithuania will enhance our operations in the Baltics,”
revealing a strong focus on bolstering its international financial service offerings. Consequently, these acquisitions have increased the company’s client base and solidified its presence in the financial services sector.
Ebury’s portfolio now includes more than 16,700 customers across 40 offices in over 29 countries, primarily serving international traders, NGOs, e-commerce platforms, and small businesses.
“We have witnessed significant growth and profitability in the recent months,”
the company shared in a press release, pointing to a robust performance strengthening its case for the anticipated IPO.
This IPO initiative comes amidst scrutiny of the London stock market’s attractiveness to tech and financial service firms. The choice of the London market indicates Ebury’s confidence in the city’s status as a financial center capable of supporting high-profile tech listings. The decision is critical as recent shifts in market dynamics raise the stakes for the IPO’s potential success.
Ebury’s preparation for a London IPO suggests a bold step in its expansion strategy and is indicative of its confidence in sustaining growth despite past market challenges. The anticipated IPO could provide Ebury with added resources to further drive its international expansion efforts, particularly in emerging markets. Given the alignment with global financial trends, Ebury’s ongoing expansion has strategic implications, potentially setting a benchmark for other tech-driven financial companies.
