THEEbury Bank, Brazilian arm of the global fintechEbury, strengthens its presence in the country with the appointment of executivesJose Estebanas CEO andDavid Britoas Country Manager. The new leaders, with solid international experience and strategic roles within Ebury itself, they take on the challenge of driving the expansion of the Brazilian operation and aligning national actions with the global vision of the fintech
Founded in the United Kingdom, Ebury was acquired by Santander Spain in 2019, and expanded its operations in Brazil in 2022 with the acquisition of the currency exchange bank Bexs, thus creating Ebury Bank – since it has a banking license to operate in the country. In the fiscal year 2023, Ebury Global recorded a transaction volume of£ 25,5 billion (in reais, a total of 156,1 billion.
Under the leadership of Esteban and Brito, Ebury Bank aims to quadruple its active customer base in Brazil, from 1 thousand to 4 thousand in the next two years, and increase the country's contribution to the company's global revenue, from 10% to almost 30% in three years
The strategy includes an additional focus on the agribusiness sector and the strengthening of trade finance solutions, facilitating payments and international operations for Brazilian companies. Currently, Ebury Bank has nearly 200 employees. In total, there are more than 1.700 people working for the global company
Jose Estebantook on the position of CEO of Ebury Bank (Brazil) after serving as CFO of Ebury (global), where he led financial optimization and expansion strategies. Before joining Ebury, Esteban built a prominent career at Banco Santander and at institutions such as BNP Paribas and Deutsche Bank. "I am honored to lead Ebury Bank in Brazil and contribute to strengthening our local operation", integrating the best global practices to meet the Brazilian market in an increasingly strategic way,"affirms Esteban
David Brito, current Country Manager of Ebury Bank in Brazil, also brings experience in leading international operations. Previously, Brito was Country Manager of Ebury in Portugal, where it consolidated the presence of the fintech in the Portuguese market. With passages through Barclays Bank, where I managed large corporate accounts, Brito now leads the development of Ebury Bank in Brazil, strengthening ties with Ebury global and supporting growth in a strategic market for foreign exchange services and international financial solutions. "Our strategy is to offer international standard financial solutions", meeting the specific needs of Brazilian companies and expanding our customer base,"comments Brito
