Latham Advises Ebury in Approximately £550 Million Fundraising

Latham & Watkins has advised Ebury, Santander’s international payments fintech, in approximately £550 million funding rounds to accelerate its growth and global expansion.

Funding rounds were led by Centerbridge, alongside reinvesting shareholders Santander, Vitruvian Partners, and 83North. Santander will invest £50 million and remain Ebury’s majority shareholder with a 55% stake.

The Latham team was led by London partners Mike Turner and Mark Austin, with associates Phoebe Richardson, Amber Tope, Alexander Nagorny, and Kat Yeung. Advice was also provided on regulatory matters by London partner Brett Carr; on employment matters by London partner Kendall Burnett; on sanctions matters by London counsel Thomas Lane; on tax matters by London partner Karl Mah, with counsel James Leslie; and on antitrust matters by London partner Stephanie Adams, with associate Oscar Hayward.