Ebury Appoints Victor Tuson Palau as Its New Chief Technology Officer

Ebury Appoints Victor Tuson Palau as Its New Chief Technology Officer

The new CTO will take over from Toby Young who will move to a Senior Adviser role in the fintech

Ebury, one of the largest fintech companies in Europe, announced on Tuesday that it had appointed Victor Tuson Palau as Chief Technology Officer. According to the press release shared with Finance Magnates, Tuson Palau previously served as SVP of Engineering in the firm.

With the new appointment, the fintech company expects Tuson Palau to focus on scaling Ebury‘s platform in terms of volume of payments and transactions, and expanding it further on a global basis. “As one of Europe’s largest fintechs, it is crucial that our proposition is constantly evolving and improving while retaining its excellence. Moving up from within Ebury has helped me hit the ground running, and our team has made a great start in implementing an exciting pipeline of ideas,” Tuson Palau commented.

Moreover, Ebury announced that Toby Young moves to a Senior Advisor role and Head of Open Market Technology Strategy at PagoNxt, an autonomous payments tech company within Santander.

“It is great news that Victor has joined the leadership team at Ebury as CTO. I am looking forward to working with him and seeing his vision come to life over the coming years. Ebury is at an exciting stage of its growth journey as we continue to expand geographically and work closely with SMEs to support their international trade needs,” Juan Lobato, Co-Founder and Co-CEO of Ebury, said.

Recent Deals

Founded in London in 2009, Ebury has grown its global market presence by expanding to 24 offices in 20 countries. According to the firm, its volume of transactions accounts for $21 billion annually.

Recently, Ebury announced a partnership with Santander Germany, one of Germanys prominent financial services providers, to support businesses in the country with international trade. The new deal has been formed to offer SMEs in the region a comprehensive global financial solution to make international trade simple. Ebury and Santander Germany added that the mentioned partnership has already been successfully tested by a number of clients.