IbanFirst SA

IbanFirst SA, based in Belgium, offers innovative cross-border payment solutions that facilitate seamless transactions for small and medium-sized enterprises (SMEs) globally, enabling efficient currency management and financial services. Founded in 2013 in Brussels, Belgium, IbanFirst SA specializes in cross-border payment solutions for SMEs. The company has raised a total of EUR 200. 00 mn, with its most recent funding round being a GROWTH round in May 2021, where it secured EUR 200.

00 mn from investors including Bpifrance, Elaia Partners, and Marlin Equity Partners. The CEO of the company is Pierre-Antoine Dusoulier. IbanFirst specializes in providing comprehensive cross-border payment solutions tailored for small and medium-sized enterprises (SMEs). Their platform enables clients to easily collect, convert, and transfer funds across international borders, thereby facilitating seamless transactions in multiple currencies.

Key offerings include currency accounts that can be opened within a few clicks, real-time international payment tracking, and a suite of foreign exchange (FX) risk management solutions designed to mitigate exposure to currency fluctuations. These services cater to a diverse client base, including businesses involved in importing and exporting goods, such as spice importers, and are particularly useful for companies engaged in international trade across European markets, North America, and Asia. In 2023, IbanFirst generated revenue of EUR 36,569,157. 10, with an EBITDA of EUR -20,527,618.

70. The company primarily earns revenue through transaction fees associated with its cross-border payment solutions and FX risk management services, which help clients manage their international transactions effectively. IbanFirst plans to leverage the EUR 200. 00 mn raised in May 2021 to enhance product development, expand into new international markets, and pursue strategic business acquisitions.

These initiatives aim to strengthen the company's position in the global payment solutions sector and are expected to unfold in the coming years.