Company: iBanFirst
Founder and CEO: Pierre-Antoine Dusoulier
Website: https://uk.ibanfirst.com/
About iBanFirst
Founded in 2016, iBanFirst was created by its CEO, Pierre-Antoine Dusoulier, to address the challenges of traditional banks not being fully transparent on international payments. Pierre-Antoine recognised that the SME segment, in particular, was underserved and often felt the full brunt of this complex payment environment.
That’s why iBanFirst is dedicated to serving SMEs which operate across borders today. It combines a powerful technology platform with FX expertise to bring personalised, trusted management of international payments. Its model comes with fewer costs and complexities than traditional banks, and provides customers features such as real-time exchange rates, payments tracking, and the option to lock-in rates for future transactions. It now processes more than €2 billion each month.
Through iBanFirst, SMEs enjoy better control over their currency transactions, including sending and receiving payments in multiple currencies, collections and settlements, and streamlining international supplier and partner payments. With current geopolitical uncertainty, iBanFirst provides peace of mind for its customers, as well as the confidence they need to operate internationally.
iBanFirst stands out by resonating with a new generation of CEOs and CFOs that are looking for modern tools to manage company finances. Alongside being easy to set up and use, its model allows SMEs to choose and pay for the services they need, instead of being locked into paying for a package of services for which they may have no use.
From its headquarters in Belgium, iBanFirst serves 10,000 clients worldwide with a team of over 350 employees based in 10 European countries. It is firmly EBITDA-positive and last year achieved €65m in revenues — a growth of 30% compared to 2023. The company is now nearing the €100m ARR mark, with a projected €85m in revenues this year.
As it looks towards the future, iBanFirst is looking to double down on its commitment to the UK. CEO and Founder Pierre-Antoine has recently relocated to London to drive the company’s market expansion, and it has just secured an Electronic Money Institution (EMI) licence from the FCA. The licence highlights the company’s commitment to security for its customers, ensuring seamless transactions, while keeping payments and funds fully protected.
iBanFirst intends to double its workforce at its Square Mile office by the end of 2025 and is seeking new acquisition opportunities – having recently acquired UK-based foreign exchange provider Cornhill.
Check out what TechRound can do for your business: SEO, PR, HR Software, Payroll Software, IT, VoIP.
