Ebury Partners With Form3 for Canada Instant Payments
The fintech will connect to Canada's Real Time Rail through Form3's cloud native platform as the system rolls out in phases.
Updated on Nov. 3, 2026 in Financial Services
Ebury has partnered with Form3 to deliver instant payments in Canada via the Real Time Rail. Form3 already provides Ebury connectivity to the UK's Faster Payment Service and Europe's SEPA payment schemes.
Why it matters
The partnership extends Ebury's payment connectivity into Canada as the country builds out its new real time payment system for exchange, clearing and settlement. Form3's single platform gives banks and fintechs access to payment rails across North America, the UK and Europe.
Form3 processes 5 billion transactions annually and serves more than 40 global customers, including J.P. Morgan, Barclays, Santander and Klarna. The announcement does not disclose Ebury's Canadian transaction volumes or pricing.
The players
Ebury
Ebury is a London-based fintech focused on cross-border payments and foreign exchange for businesses.
Form3
Form3 is a cloud native payments infrastructure provider that connects banks and fintechs to payment rails.
The details
Form3 provides Ebury's connectivity through its cloud native platform, and Ebury will use it to join Canada's Real Time Rail in successive stages. Canada's Real Time Rail is a new system supporting exchange, clearing and settlement that is undergoing a phased rollout.
Timeline
Q4 2026: Initial launch of Canada's Real Time Rail.
2027: Additional participants, including Ebury, join in phases.
Market Landscape
Canada's Real Time Rail is a new national instant payment system being rolled out in stages, with its first launch in Q4 2026. Form3's cross-region platform lets fintechs such as Ebury connect to multiple rails through a single integration.
Canadian businesses and customers working with Ebury may eventually send and receive instant payments through the new rail as it expands. The timing means direct consumer effects are not expected until the phased rollout reaches them.
The takeaway
Instant payment rails are expanding across regions, and single-platform connectivity lets fintechs reach several markets without building separate integrations. Watching the phased rollout will show how quickly new participants come online.
What happens next
Canada's Real Time Rail launches its initial phase in Q4 2026, with additional participants joining in phases throughout 2027.
Further reading
For more on how banks and fintechs are building out payment infrastructure, explore Financial Services.
