IbanFirst

Founded in 2013 in Brussels by Pierre-Antoine Dusoulier, IbanFirst provides SMEs with multi-currency accounts, real-time international payment tracking, and FX risk management tools that simplify cross-border business finance. The platform positions between a traditional bank and a Fintech payment provider, offering competitive exchange rates and IBAN accounts in multiple currencies that businesses can open in minutes.

In May 2021, US private equity firm Marlin Equity Partners acquired a 51% stake in a transaction that valued IbanFirst at EUR 200M, with co-investment from Bpifrance and Elaia Partners. The company has since grown to near-EUR 100M ARR, with EUR 65M in 2024 revenues representing 30% year-on-year growth. 2024 was IbanFirst's first full year of EBITDA profitability (EUR 7M), a milestone the company reached without dependency on continued equity injections.

IbanFirst competes with Wise Business, Airwallex, and Equals Money in the international SME payments market, with a particular focus on European export-oriented businesses.