We are international payment experts who take pride in ensuring each customer’s unique currency needs are fulfilled and work tirelessly to provide exceptional service.
As currency professionals we set ourselves apart from banks and other non-banking providers of foreign exchange by striving to provide honest, clear, fair and transparent information.
After working in currencies for over 10 years within the non-banking sector, our founder David Poore realised that once a foreign exchange business grows to the size of a bank the customer experience is homogenised. Customers can be churned though a process not suited to unique needs.
David solved this by striking a balance with Ebury Partners UK Ltd, an FCA authorised and regulated electronic money institution. Money Mechanix leverages Ebury’s market leading capabilities and award-winning technology to provide each customer with a tailored solution.
Ebury’s key facts
- Est. 2009.
- FCA authorised and regulated electronic money institution.
- Trades +£10bn in FX
- Received +$110m investment in 2015
- Online platform developed in-house
83North is a venture capital fund investing in European and Israeli entrepreneurs around the world. 83North has invested in technology driven companies like online takeaways group, Just Eat, card payment collection company, iZettle, software security company, GuardiCore, and online luxury clothing platform, Farfetch, to name a few.
Vitruvian Partners is an independent European private equity firm founded in 2006 with a fund of £1bn that invests in high growth dynamic situations in Europe and beyond.
Angel CoFund supports high potential businesses and gives them the capital they need to develop and propel growth. The CoFund is supported with capital investment from the British Business Bank.
SECURITY AND REGULATION
- Ebury Partners UK Ltd is authorised and regulated by the Financial Conduct Authority as an Electronic Money Institution. Reference Number: 900797. The FCA requires Ebury to meet standards across three areas. Ebury exceeds all three of these standards which cover: Capital Adequacy – The levels of capital requirements are based on Ebury’s level of activity, reviewed by the FCA on an annual basis. Client Protection – client funds are held in segregated accounts, entirely separate from Ebury’s own operating accounts, so client funds are always safe. Robust Internal Risk Management – strict governance and operational processes in place to scrutinise the accuracy of each transaction, with appropriate involvement from our Directors. Compliance with our governance and processes is regularly audited.
- Ebury is registered with the ICO under the UK Data Protection Act (no. Z209673X). Ebury does not share any client information with third parties and all client information is held securely on Ebury’s remote servers. Client information, paper or electronic, is handled with due care; in line with Ebury’s internal guidelines.
- As a regulated Payment Institution, Ebury is able to passport its licence to offer its services in all EEA Member states. Full details of the Ebury licence can be found on the FCA register, here.