iBanFirst and SeedBlink Unite for Smart Investments

Learn how iBanFirst and SeedBlink are joining forces to create faster, cost-effective investment solutions for a thriving European market.

In a groundbreaking development within the realm of financial technology, iBanFirst, a prominent global player in foreign exchange and international payment solutions for enterprises, has forged an innovative alliance with SeedBlink, Europe’s comprehensive equity and investment platform. This strategic partnership between two pioneering European fintech firms heralds the introduction of a tailored solution aimed at streamlining fundraising efforts for startups while simultaneously catering to the nuanced needs of private investors.

The collaboration promises to expedite the onboarding process and grant access to preferential foreign exchange rates, a significant boon in a landscape where traditional banking solutions frequently fall short. Indeed, conventional financial institutions often grapple with inefficiencies and a lack of customization, leading to sluggish transactions, inflated costs, and a labyrinthine administrative burden.

To counter these persistent challenges, the partnership unveils dedicated collection accounts for each funding round on iBanFirst’s platform. This bespoke service is meticulously designed to meet the intricate demands of SeedBlink, facilitating the collection of multi-currency investments from approximately 50 European investors per project. Remarkably, the onboarding timeline for each account has been slashed to mere hours, a staggering reduction from the previous 10-day ordeal associated with traditional providers.

For investors, this collaboration translates into enhanced financial terms for currency exchanges and international payments. While investors can primarily commit funds in euros, should a fundraising startup be situated in Switzerland, the investments will seamlessly convert to the requisite currency prior to transfer. Furthermore, investors are afforded the flexibility to request the transfer of their investments in multiple currencies, thereby enhancing their operational agility in a dynamic market.

In essence, this partnership not only addresses the pressing needs of startups and investors alike but also exemplifies the innovative spirit driving the fintech sector forward.