Global financial technology firm, Ebury, is to open a new office in Dublin, Ireland.
The firm say the move is a response to growing demand for their services in Ireland.
The Irish team will focus on serving SMEs, filling a significant gap in the market.
The company said SME’s in Ireland “have long been underserved by traditional banks, often facing challenges such as limited access to FX risk management facilities and a distinct lack of choice when choosing a provider to support international business operations.”
Ebury say they will provide “tailored and innovative payments, collections, risk management and unsecured financing solutions to support the needs of these valuable businesses.”
The Dublin office will also support the continued growth of Ebury Institutional Solutions – a dedicated proposition for the alternative investment management sector allowing managers to deploy capital globally.
The company noted Ireland is the domicile for 6% of world-wide investment fund assets, making it the third largest …