ScotPac and Ebury Partner to Support Australian Businesses Global Growth Ambitions
(24 November 2023 - Australia) ScotPac and Ebury have announced a new working capital, FX and cross border payments partnership seeking to make trading in global markets faster and more accessible for all enterprises.
The collaboration will provide clients of both firms with ready access to ScotPac’s working capital solutions, and Ebury’s global expertise in FX and cross-border payments. The partnership will more closely align ScotPac’s working capital solutions with Ebury’s currency exchange and international payment services and offer significant advantage for any businesses involved in international trade.
ScotPac CEO, Jon Sutton, said the new partnership with Ebury provided a perfect fit for its clients as SME demand for global trade support was growing rapidly.
“We are delighted to partner with Ebury to round out a comprehensive, holistic and tech-enabled solution for our trade finance clients. For SMEs looking to expand globally, reliable and experienced foreign exchange and payment insights is critical" said Mr Sutton.
“When combined with our flexible trade finance products, Ebury’s services will help our clients enter new markets, establish international operations, and conduct business on a global scale. It will also give them back precious time to focus on growing their businesses" Mr Sutton added.
Ebury Managing Director for APAC, Rick Roache, said Ebury was excited to be working with ScotPac and expanding the options for its customers.
“Both Ebury and ScotPac can boast a rare combination of market-leading products, cutting edge technology and best-in-market service. As a customer-solutions focused business, we wanted a partner that could provide an enhanced offering for our customers. With its 35-year record of supporting SMEs, and the scale and breadth of its complementary lending products, our partnership with ScotPac will ensure our customers are the real winners” Mr Roache said.