This benchmark recognises the growth of 50 of the most innovative technology companies and serves to highlight their profile to the most influential investors, venture capitalists and market analysts.
Paris, 12 November 2020 - Today iBanFirst, a global financial services provider delivering solutions across banking borders, announces that it has been nominated for Deloitte’s Technology Fast 50.
Testament to iBanFirst’s hyper-growth strategy, the company has been shortlisted among Europe’s 50 fastest growing technology companies, which has also earned them a place in the Top 500 businesses for EMEA.
The nomination is in recognition of iBanFirst’s 562% growth in annual revenue between 2016 and 2019, as it accelerates towards its goal of becoming the leading digital platform for cross-border payments.
During lockdown iBanFirst raised €21 million Series C funding as a result of its post-pandemic vision, demonstrating the company’s commitment to client servicing, job creation and the global economy - despite the COVID-19 crisis. Meanwhile, the company has increased the size of its workforce from 16 to 200 since 2016. The opening of its R&D centre in Tunisia earlier this year is set to make 45 additional hires in France and Tunisia, continuing to expand the company’s global footprint.
Jeroen Hoevers, Country Manager for Belgium, iBanFirst commented: "We are proud to be nominated for the Deloitte’s Technology Fast 50 for a third year in a row. The nomination is a testament to our innovation and hyper-growth strategy, as well as our global market position as a world leader in financial service."
iBanFirst is a global financial services provider delivering solutions across banking borders. 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 pay and receive payments in any currency and hedge foreign exchange risks.
Founded in Paris in 2013, at a stone’s throw from the Champs-Élysées, by former bank executives and entrepreneurs, iBanFirst is a French company headquartered in Belgium, with operations in France, the Netherlands and Germany. 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. It has raised €46m from Xavier Niel and leading European venture capital funds Serena, Breega, Elaia and Bpifrance Large Venture.
About Deloitte’s Technology Fast 50
Deloitte’s Technology Fast 50 competition is an annual selection of the 50 fastest growing and innovative technology companies headquartered and founded in Belgium. Public or private companies, that develop a technology-related product or service and have experienced substantial revenue growth over the last four years, can enter the competition for their chance to be nominated as one of the 50 fastest-growing technology companies in Belgium.
iBanFirst UK press contact:
Will Painter // WP Communications
Tel: +44(0)7497 381 739