18 October 2017
Find out more

Banking-as-a-service platform IbanFirst raises EUR10 million

18 October 2016  |  10355 views  |  0 power leads

SME currency transfer operator FX4Biz has raised EUR10 million and performed a business pivot to rebrand as IbanFirst, offering an online multi-currency platform in banking-as-a-service mode

Under the new brand, IbanFirst will provide a plug in for SMEs to gain access to a network of fintech startups offering an alternative to traditional banks for their day-to-day banking needs.

Founded in 2013 by the former head of Western Europe at Saxo Bank, Pierre-Antoine Dusoulier, IbanFirst is regulated and licensed by the Belgium National Bank, with licenses passported across Europe. The company promises to enables SMEs to open an Iban account within minutes and click through to a complete set of financial services in BaaS mode including credit, international payments and investment services.

Dusoulier says IbanFirst has signed it first partnership with French fintech startup YounitedCredit with more services such as invoicing, startup incorporation, and others to be added over the coming months.

The company is joining a range of other platforms offering similar plug-and-play bundles to Eu businesses, including Germany's solarisBank and Sutor Bank.
KeywordsFINDEX

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

SolarisBank to develop new banking modules with MasterCard

SolarisBank to develop new banking modules with MasterCard

11 October 2016  |  7842 views  |  0 comments | 17 tweets | 9 linkedin
Cringle piggy-backs off solarisBank to launch Europe-wide P2P payments

Cringle piggy-backs off solarisBank to launch Europe-wide P2P payments

15 July 2016  |  6873 views  |  0 comments | 9 tweets | 5 linkedin
Sutor Bank woos fintech startups with banking-as-a-service API

Sutor Bank woos fintech startups with banking-as-a-service API

22 March 2016  |  19446 views  |  0 comments | 39 tweets | 24 linkedin
SolarisBank, a bank for digital and fintech startups, gets banking license

SolarisBank, a bank for digital and fintech startups, gets banking license

14 March 2016  |  21020 views  |  0 comments | 54 tweets | 40 linkedin

Related blogs

Create a blog about this story (membership required)
visit www.innotribe.com visit www.vasco.com

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15433 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8631 views comments | 16 tweets | 22 linkedin
hands typing furiouslyHow artificial intelligence can deliver a...
8175 views 0 | 8 tweets | 9 linkedin
satelliteGates Foundation backs Ripple collaboratio...
7681 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
6875 views comments | 9 tweets | 17 linkedin

Featured job

Find your next job