iBanFirst connects Claude AI to Excel, turning the world's most used spreadsheet into a live treasury agent

iBanFirst is among the first regulated financial platforms in Europe to deploy a production-grade AI agent for corporate treasury, at SME scale. Available to all iBanFirst clients from 1 July 2026.

Paris, 30 June 2026. For a decade, treasury technology has looked like “more software, more platforms, more logins”, all while the working reality for most finance teams has barely changed. Most still log in, export a CSV, paste data into Excel, reformat, and repeat.

According to a 2025 survey of Finance Leaders, nearly 80% of treasury departments are still running on manual or fragmented processes (TD Bank, Nov 21, 2025), while another survey found that more than one in three companies still rely on spreadsheets for FX exposure tracking (PwC, June 25, 2025), which is one of the highest-risk areas in corporate finance.

The problem has never really been technology, nor the ability of Finance Teams to adapt to new processes. The problem has been that Finance Teams work in Microsoft Excel, and don’t want to change this setup.

This is the real failure of the past decade: the assumption that finance teams would switch from Excel to new and cooler tools. They didn’t. And now new tools are adapted to Excel.

iBanFirst today announces the launch of iBanFirst Claude MCP for Excel

The integration connects Claude AI to the iBanFirst API inside Microsoft Excel, meaning that Finance Teams can retrieve live account balances, pull payment history, fetch FX trades and forward contracts, and generate reconciliation-ready tables by typing a question into the spreadsheet they work in. This doesn’t require any platform exports, nor data cleanup, nor a new software to learn.

The iBanFirst Claude MCP for Excel runs on the Model Context Protocol, with a specific set of pre-built skills, which is the open standard introduced by Anthropic in 2024 and now adopted across the AI industry as the connectivity layer between AI models and live systems.

Following an initial Beta period with selected clients, the integration is now available to all iBanFirst clients from 1 July 2026."

Pierre-Antoine Dusoulier, CEO and founder of iBanFirst had this to say:

"For years, finance teams had to adapt to banking interfaces and complex TMS software. Now AI adapts to the finance team. I believe this changes the future of the Office of the CFO."

iBanFirst is among the first regulated financial platforms in Europe to deploy an MCP for treasury operations aimed at small- and medium sized businesses. The company serves more than 10,000 businesses globally and has already tested the integration with an initial group of beta clients ahead of today's public announcement.

A market moment with long-term consequences

MCP has emerged as a foundational standard for the agentic AI era. It is the layer that allows AI models to act on behalf of users across live systems. As AI agents multiply rapidly across the world of tech, the question every CFO faces is no longer whether AI will transform their treasury workflow, but rather which platform will serve as their AI-driven financial operating system.

The answer more and more points away from traditional SaaS platforms that have been built for complexity, priced for enterprise, and disconnected from the tools finance teams actually use; towards AI-native platforms that bring intelligence to where the work already happens.

iBanFirst's MCP launch positions the European fintech at the centre of this shift.

Availability and next steps

Following today's demonstration event at iBanFirst's Paris offices, the Claude MCP is available to all iBanFirst clients. Other Finance teams and businesses that want to use this technology can also register their interest now at: https://info.ibanfirst.com/ibanfirst-claude-mcp-for-excel