Join by IbanFirst Patrick Mollard

1. Bet t er busi ness banki ng
December 14th 2017
Busi ness banki ng as i t shoul d
be
© iBanFirst 2017

2. Our company
December 14th 2017
Busi ness banki ng as i t shoul d
be
© iBanFirst 2017

3. Better business banking
Key Mi l est ones
FX4Biz was founded
Ability to do real-time
pricing online through API
and online platform.
Real-Time
Pricing
In June 2013, the
National Bank of
Belgium granted our
license as a Payment
Establishment
Payment license
Over € 100k commissions in
the month with a volume
close to EUR 20m
Growth in Numbers
Over €1 Billion in transactions
Over 1,000 customers
Another Milestone
in Numbers
€10 Million fund raising Xavier Niel,
NJJ
as main investor.
New Vision, New CEO with
Pierre-Antoine Dusoulier
Launch iBanFirst, Fundraising,
New advisory board
2012 201
8
2014 20152013 20172016
Continued growth
65 employees
Rewards:
Ø KPMG FinTech 100
Ø Fintech Innovation
Ø Leaders League
© iBanFirst 2017

4. Better business banking
i BanFi rst Today
License
BNB
iBanFirst is a Payment Institution
licensed by the National Bank of
Belgium and passported
throughout Europe..
Technology
Core Banking
• Proprietary Core-banking;
• Multi-currency IBANs;
• Virtual IBANs;
• SWIFT;
• SEPA;
• Online KYC.
Team
65 Professionals
15 IT experts to develop our
proprietary technology.
Strong relationships with
several European banks
thanks to an experienced
management team.
Finance
A few figures
• Created in 2013
• EUR 1,5m of revenues in
2016;
• EUR 10m raised;
• EUR 2 500m of transactions;
• 135000 payments;
• 1 100 SME clients.
© iBanFirst 2017

5. Better business banking
Our f oot pri nt
i BanFi rst
Headquart ers
i BanFi rst
Pari s
i BanFi rst R&D
Di j on
© iBanFirst 2017

6. FX Sol ut i on
Manage your mul t i - currency
t ransact i ons wi t h our onl i ne
pl at f orm
© iBanFirst 2017

7. Better business banking
i BanFi rst FX sol ut i ons
What i ssues do we sol ve?
Cost
• Transit fees are generally high;
• Solutions to protect yourself from exchange rate fluctuation are complex or even inaccessible;
• Payments issues heavily charged (e.g. returned funds fees);
• Maintaining a multi-currency accounts structure is expensive.
•
•
•
Pricing Transparency
• Significant spread between currency conversion rate and the real-time forex market rate;
• Currency conversion rate usually communicated after validation of your instruction;
• Transit fees are generally opaque.
Availability
• Money transfers abroad suffers long delay to be delivered to the final beneficiary;
• Many operations cannot be processed 100% online;
• Limited opening hours.
•
© iBanFirst 2017

8. Better business banking
i BanFi rst FX sol ut i ons
Less expensi ve, mor e t r anspar ent
Competitive & transparent
Efficient & reliable
Secure
Key
benefits
Let’s have a closer look:
Currency conversion
commission
Transit fees
Currency conversion
rate
Extra fees
FREE
Starting from 0 €!
Best rate guaranteed
We offer you a better rate than
your bank or current provider
0 €
Simple
© iBanFirst 2017

9. Better business banking
Use your i BanFi rst account i n
ISABEL 6Li ke any ot her account you own
You can select your iBanFirst account in order to make your international
paiements and benefit from our competitive conditions, exactly the same way you
used to make paiements before
© iBanFirst 2017

10. Quest i ons?
© iBanFirst 2017

11. Better business banking
Regul at i on & Securi t y
© iBanFirst 2017
License
• iBanFirst (n°0849.872.824), licensed and regulated by the National Bank of Belgium (NBB) as a Payment Service Provider (PSP) under the
Payment Services Regulations and Electronic Money Regulations (Article 9 - 21 December 2009)
• We have a branch in France which is recognized by ACPR (French Prudential Supervision and Resolution Authority)
Segregated accounts
100% of the funds on our accounts are guaranteed (we never use our clients funds, which are on segregated accounts, and are closely
controlled by the BNB on this topic)
Strong authentication
Our platform is protected against fishing and hacking by:
• Reinforced authentication: double authentication via TOTP (temporary one time passcode) and Yubikey
• Cutting edge encryption of the platform (Business SSL)
Payment networks
iBanFirst is a member of the most secured payment networks: SWIFT, SEPA, etc.