FinTech startup IbanFirst raises €10 million to become the leading Banking-as-a-Service provider

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The Brussels-based FinTech company IbanFirst, an online multi-currency platform which offers Banking-as-a-Service, has just raised €10 million. This new funding round marks the next growth phase for the startup that focuses on international payments with real-time exchange rate access. IbanFirst is a new innovative online financial service for small and medium enterprises (SMEs).

With IbanFirst it is now possible to bring together all FinTech companies under one platform and to provide customers with the financial services they need every day. SME company representatives now don’t have to go to the bank and pay extra for financial services anymore. IbanFirst also offers a solution to open a corporate online account in minutes. Also credit, international payment and investment services are availabe. More services – invoicing, startup incorporation and others – will be added in coming months.

“SMEs are the heart of the economy. IbanFirst enables them to have instant access to a payment account and a multi-currency banking infrastructure. They can then receive money and pay their international suppliers in a transparent fees framework. We are now really changing the way SMEs are accessing financial services today, as they won’t need a bank anymore,” says Pierre-Antoine Dusoulier, CEO and founder of IbanFirst. He is former Head of Western Europe at Saxo Bank and celebrated French Fintech entrepreneur. Pierre-Antoine founded the company in 2013 under the name FX4Biz and just recently changed the name to IbanFirst and launched the platform.