Company: iBanFirst
Founder: Pierre-Antoine Dusoulier
Website: https://ibanfirst.com/
About iBanFirst
iBanFirst is a next-generation cross-border payments solution for SMEs and mid-cap companies operating internationally. Its client base of 10,000-plus businesses benefits from a dual-service comprising a powerful platform and the support of FX experts. For the fifth time in a row, iBanFirst has been listed in the ‘FT1000’, the Financial Times’ ranking of the fastest growing European companies.
SMEs still face several significant roadblocks when sending and receiving global payments. They’re burdened by convoluted banking processes and high, hidden fees when exchanging internationally, not to mention they’re often required to have multiple bank accounts for each currency, many of which operate in silos.
iBanFirst enables SMEs to regain control of their currency payments, allowing them to manage all elements within a foreign currency transaction from exchanges, to transfers and currency risk management. The bespoke platform relies on core banking infrastructure to provide SMEs with a full range of financial products designed for currency transactions. This includes sending and receiving payments in multiple currencies, collecting payments and making the payment process to suppliers and partners much more efficient.
The company was founded by Fintech entrepreneur Pierre-Antoine Dusoulier in 2016. With a monthly transaction volume of 1.5 billion euros, iBanFirst stands out as the primary alternative to traditional payments for SMEs and mid-cap companies operating internationally. The Fintech boasts 12 offices across Europe, including in Brussels, Paris, London, and Rotterdam, with a team of 350 employees.
iBanFirst has the financial backing of the French public investment bank (BpiFrance), European venture capital leaders (Elaia, Xavier Niel), and the American investment fund Marlin Equity Partners.
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