Europe's FX Payments Scale‑Up Raises $21 M in Lockdown.

iBanFirst Gets a Fresh Money Boost & Brings in Big‑Name Investors

We’re talking real money moves here. iBanFirst, the international banking‑tech player, just inked a new funding round with two of France’s big venture cashiers: Elaia and Bpifrance Large Venture. They’re joining forces with the long‑time backers Serena and Breega, and even Xavier Niel, the famous internet mogul, keeps his stake in the mix.

Why the Capital Inflow Matters

The global payment landscape for SMEs and mid‑size firms is shifting fast – speed, transparency, and security are the new non‑negotiables.
Traditional banks can’t keep up; that’s where iBanFirst steps in with a tech‑first, customer‑centric approach.
Even in a shaky economy, the confidence of top investors says, “We believe in the future.”

Growth You Can’t Ignore

Since its last round, iBanFirst has gone from a boutique operation to a European powerhouse:

Acquired Dutch & German rivals NBWM and Forexfix in late 2019, instantly boosting its footprint.
Payment volumes have triple – a 180 % yoy jump by March 2020.
Book‑keeping figures reflected the spike; revenue hit a three‑digit growth rate.
Staff grew from 16 in 2016 to a bustling 180 by 2020.

Technology on the Frontline

iBanFirst runs its own core banking engine, setting it apart in the B2B payment arena. What’s coming next?

Launch of a Payment Tracker – a tool that turns “who did what” into crystal‑clear data, beefing up security and trust.
Open banking services (AISP) and loan import solutions on the horizon.
All designed to help companies wring out more from international transactions: simple, safe, and transparent.

Leadership Speaks

Pierre‑Antoine Dusoulier, CEO shares his excitement:

“Elaia and Bpifrance Large Venture joining our capital family is a win for us. I’m proud iBanFirst is now part of a portfolio of hyper‑growth tech firms. Their track record in propelling startups is stellar, and this is a stepping stone toward maturing into the top B2B multi‑currency platform.”

“We’ll keep sharpening our tech to enhance user experience while expanding our SME and mid‑tier offerings. The goal? Global growth that’s straightforward, secure, and utterly trusting.”