This document provides an overview of iBanFirst, a financial technology company that offers online multicurrency payment and foreign exchange services for small-to-medium enterprises operating internationally. iBanFirst was founded in 2013 and is headquartered in Belgium, with operations across Europe. It provides an alternative to traditional bank international payment services by enabling real-time payments in multiple currencies, foreign exchange hedging, and cash management solutions. The company currently serves over 4,000 customers across Europe.

1. Financial
Services for
Companies
Operating
Internationally

2. iBanFirst
Overview
2 www.ibanfirst.com | Technology beyond banking borders
Founded in Paris in 2013,
iBanFirst provides a
specialist online platform for
multicurrency transactions.
As an alternative to the traditional bank offer, iBanFirst
enables a payment experience and package of financial
services addressing the needs of SMEs in their daily
operations.
Thanks to iBanFirst, financial teams can make and receive
payments in any currency, hedge foreign exchange risks,
finance their international growth.
iBanFirst is headquartered in Belgium, with operations in
France, the Netherlands and Germany. We currently have
194 FTEs.
It is regulated as a payment institution passported
throughout the European Union and serves more than
4,000 customers all over Europe. Member of the SWIFT
network and SEPA homologated, iBanFirst holds AISP and
PISP accreditations under PSD2.

3. Asia-Pacific dominates the
global payment revenue pool
Raise of Digital marketplaces in the
digital-commerce business
Cross-boarder payments represent
USD 165bn of revenues with a
sustainable growth driven by SMB
demand
Decline in cash usage
Global Payments revenue
Total payment market represents
USD 3 000 bn of volumes per
year

4. Sanitary crisis
impact
At iBanFirst
We measured a slow-down during the
first lock down but since then we did not
measure any visible impact on the
international B2B Payments
Major differences between
industries
Some industries have been very
impacted (e.g. Travel industry)
whereas others have seen positive
impact (e.g. Mask importer)
Estimated Global Impact
Global Industry Analyst Mc Kinsey
reports an estimated decrease of 7%
for 2020 due do the COVID impact
(Oct. 2020)
1st lock down

5. Only the largest corporations
have access to sophisticated
financial services
Most companies do not have the
proper tools to fight in a global
economy
For businesses,
internation
al banking
is broken!
Banks run on antiquated technology,
payments are slow
Low quality of service : limited hours,
no access to experts in FX and
international payments
Bank brochures are hundreds of pages
and willingly complex
International payments generate high
fees and unfair foreign exchange
commissions

6. Traditional FX Pains
Interviews clients on their experience of FX
before iBanFirst
0 2 4 6 8 10
Complexity of FX operations
Heavy proceedings to open a new currency account, balance and statements to order over the
phone and received in paper format, form to fill in for cross-currency payments, FX operations to
be requested over email even when access to a trading room
Slow execution of international payments
Lack of transparency
Exchange rate and transfer fees unknown at the time of payment
Limited digital services
Banking platform often unavailable, need to call / email / fill in a form to send a cross-
currency payment
Services inapropriate for SMEs with international activities
No offer to fit their needs between the sophistiquated and costly services for multinationals
and the standardised packages for SMEs
High costs
High spread, movement fees, account management fees, etc.
Lack of dedicated account managment
No contact with Account Manager even when bank offers FX services

7. Real time FX + hedging
Solutions
Foreign exchange risk management
Access to advanced hedging instruments:
Forwards
Flexible forwards
Dynamic forwards
Pay suppliers/get paid by customers in
their currency
Broad range of speed options
SWIFT network member and SEPA homologated
Real-time, end-to-end payment tracking with SWIFT gpi
Nominative accounts with dedicated IBANs
Aggregate external bank accounts
Optimize organization of accounts for business use cases
Real time foreign exchange
Competitive FX rates with direct connection to FX market
Aggressive fees
Firm pricing that you can close in one click
Unified process for foreign exchange and payment
operations
Cash management solution
Import Lending
Core banking
FX products
International Payments

8. Track your international
payments as you would
a parcel
Real-time tracking
for international transfers.
Reassured suppliers
who can track your payments.
Heightened security
thanks to greater tracking
capabilities.

9. Partnership Isabel
Group
iBanFirst FX solution integrated
in Isabel6 platform
Access to more than 70.000 corporate
clients
Competitive FX rates
Pay and receive money in any currency at
competitive prices
Real-time FX rates available
for all customers Add iBanFirst
as a payment solution and benefit from
real-time FX-rates

10. Technology beyond
banking borders
Patrick Mollard
pmo@ibanfirst.com