24 October 2017
visit www.response.ncr.com

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

18 October 2016  |  10423 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  |  7860 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  |  6895 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  |  19459 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  |  21040 views  |  0 comments | 54 tweets | 40 linkedin

Related blogs

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

Top topics

Most viewed Most shared
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
19898 views comments | 31 tweets | 43 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
15306 views comments | 23 tweets | 32 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
11041 views comments | 12 tweets | 23 linkedin
Eight banks form joint venture to launch blockchain trade platformEight banks form joint venture to launch b...
9156 views comments | 15 tweets | 29 linkedin

Featured job

to £70K base, £105K ote, benefits
London, UK

Find your next job