Ebury, a fintech company specialised in international payments, collections.

and Forex services, has reportedly hired Perella Weinberg Partners (PWP), an American globafinancial services firm focused on investment banking advisory services, to launch an initiapublic offering of the business as soon as 2025

The British-based fintech is currently valued at E900 miion. In 2019, Spain's Santander boughta 50.1% stake in Ebury for E350 million to accelerate its digital payments services strategy, andthen raised its stake in the company to around 67% in the latest funding round last year.

Ebury CEO Juan Lobato wrote in a recent emai: "ipO is what we are going to do and it is whatwe always wanted to do this is well defined and reflected in our shareholding agreement.Perella is working with us to position Ebury for lPO, and lits] mandate does not reflect any saleof shares by existing shareholders.'

In addition, there are indications that Ebury may seek financing before going public.