Ebury, the global fintech specialising in international payments and FX risk management, announces today that it has successfully completed the acquisition of ArcaPay, following regulatory approval from the Bank of Lithuania. The business will now operate as Ebury Partners Lithuania.
Founded in 2011 and headquartered in Vilnius, Lithuania, ArcaPay has grown steadily to serve over 1,000 SME clients across the Baltic States. The company has established itself as a trusted provider of international payment and currency risk management solutions, helping businesses expand and protect their operations abroad.
„The acquisition marks an important step in Ebury’s strategy to expand in the Baltics and deliver its mission to become the leading platform for B2B cross-border trade. It follows recent European expansion in Dublin and Stockholm and new country entries including South Africa, New Zealand, Chile and Mexico.” – according to the press release.
„Through acquiring an established business like ArcaPay, Ebury gains an immediate foothold in the Baltics through a strong local sales team and client portfolio. This strategic move enhances Ebury’s efficiency, broadens its global reach and accelerates entry into key markets like the Baltics. For ArcaPay’s clients, the acquisition brings access to Ebury’s full suite of international products and services, creating new opportunities to save, grow and compete on a global scale.” – the company explained.
Marius Bausys, Founder of ArcaPay, said: “This is a proud milestone for ArcaPay. Over more than a decade we’ve built lasting relationships with SMEs across the Baltics, helping them achieve their international growth objectives. Becoming Ebury Partners Lithuania means those clients will continue to get the same dedicated service they know, while also gaining access to Ebury’s global scale, products and outstanding talent. It’s an exciting new chapter for both our clients and our team.”
Kees Veerman, Managing Director of Ebury in Europe, UK, Switzerland, and Canada, added: “This
acquisition is an exciting step for Ebury in Lithuania and across the Baltics. ArcaPay has built a fantastic
business with a culture and approach that aligns strongly with Ebury’s, which makes this a natural
partnership. It is a strategic expansion that brings together the strengths of both teams, combining
ArcaPay’s local expertise with Ebury’s international reach to create even greater opportunities for
clients.”
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Ebury is the leading payments specialist that helps small- and medium-sized businesses (SMEs) operate and grow internationally. It is a global fintech company with a comprehensive and tailored offering to enable businesses to make and collect cross-border payments, manage currency risk, and access business lending. Founded in 2009 by Juan Lobato and Salvador Garcia in London, Ebury now has over 1,800 employees serving more than 21,000 customers across 40 offices in 29 markets and having capabilities in 130+ currencies.
In FY 2025, revenues rose to £286.5 million, and EBITDA grew to £44.9 million. It is regulated by the Financial Conduct Authority in the UK and backed by top-tier investors, including Banco Santander, who have a majority share ownership.
ArcaPay is a B2B cross-border payments company serving SMEs across the Baltics. With over 1,000 active business customers, around €1.8 million in 2024 revenue, and a 30% annual revenue growth, ArcaPay brings a robust and growing business to Ebury.
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