Alternative financier Ebury has announced it plans to open nine new offices across the globe by year end.

The company will open new offices in Lisbon, Manchester and Milan this month, followed by offices in Brussels, Dubai, Toronto and Zurich by the end of year.

Meanwhile, it opened an office in Amsterdam in August and a second office in Malaga in September.

Headquartered in London, Ebury provides corporates with innovative international banking solutions aimed to help them trade globally. Serving over 20,000 corporate clients with transactions in over 140 currencies, the company helps eliminate borders with financial services that are normally reserved for large companies.

Ebury says it has hired over 400 new members of staff since the beginning of the year.

The expansion has been led by businesses with international payments and collections, risk management and import lending requirements.

Juan Lobato, CEO and co- founder of Ebury, says: “These are exciting times for our company as we evolve into new markets. We are developing our presence globally and adding another 1,000 staff to our company over the coming 18 months. Mid-size corporates across the world have got a burning need to access efficient global transaction capabilities and that is exactly what we enable them to do at Ebury.”