Founded in 2016, iBanFirst has quickly established itself as the leading alternative for businesses that trade and carry out international payments. iBanFirst offers a next-generation cross-border payment experience that combines a powerful platform and the support of FX experts. With iBanFirst, executives and finance teams can get direct access to currency markets, receive, send and track payments and develop tailored hedging strategies. With more than 350 employees in 10 European countries, processing a volume of transactions worth more than €1.4 billion each month, and listed by the Financial Times as one of Europe's fastest growing companies, iBanFirst became in less than 10 years a trusted partner for SMEs across borders.
“We always need payment confirmation before the supplier releases the merchandise. And with our bank partners, there was always a one-week delay. This was very limiting, especially as I was unable to track payments as they passed through different intermediary banks. It made it impossible for us to be transparent with our suppliers on this issue."
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