Partnership

Ebury Becomes First Fintech to Go Live on SWIFT gpi

On August 30, 2018, Ebury announced it had become the first fintech company to go live with SWIFT's global payments innovation (gpi) platform. SWIFT gpi was designed to improve cross-border payments with faster processing, end-to-end tracking, and greater transparency. By onboarding Ebury, SWIFT effectively extended these benefits beyond traditional banks to a broader set of end users including consumers, NGOs, and SMEs.

This partnership represented a significant moment in the convergence of legacy banking infrastructure and fintech, demonstrating that SWIFT was willing to open its rails to non-bank financial technology firms. For Ebury, the integration strengthened its cross-border payment and FX capabilities, allowing it to offer clients improved speed and transparency on international transactions. The move signaled an evolving approach by traditional financial infrastructure providers to embrace fintech partnerships as a distribution channel.

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Implications
  • Demonstrates SWIFT's willingness to integrate fintechs into core banking payment infrastructure
  • Opens a pathway for more fintechs to access SWIFT gpi, potentially reshaping cross-border embedded payment offerings
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