Paris, 21 March 2023 – This is the seventh edition of FT 1000: Europe’s Fastest Growing Companies – a list of the fastest growing companies in Europe. iBanFirst, the reference for new generation international payments, ranks for the fourth consecutive year on the list, rising from 815th to 378th place.
This Financial Times award recognizes iBanFirst's long-standing robustness, having achieved over 70% growth every year for the past 4 years. This growth is made possible thanks to iBanFirst's rising appeal to thousands of businesses (iBanFirst is conducting more than €1.5 billion transactions each month) while benefiting from a level of customer loyalty and recommendation (Net Promoting Score of 63) that is among the highest in its category (Bain 2022 study).
Regulated as a payment institution under the PSD2 directive, iBanFirst has built an ecosystem of partnerships with all the major financial institutions in an effort to reinvent a payment system that is both more competitive, robust and resilient. For the clients, iBanFirst offers a unique experience that combines the power of its platform with the support of top FX experts.
The company, which is backed by the French public investment bank (Bpifrance) as well as investment funds (Elaia, Xavier Niel) and the global investment firm Marlin Equity Partners, has made ongoing investments in recent months to improve customer onboarding, compliance, and offer a cutting-edge interface experience.
Commenting on the news, Pierre-Antoine Dusoulier, CEO and founder of iBanFirst, said: “This continued presence on the FT 1,000 list (4th consecutive year) is extremely rare. It’s the proof of our sustained growth and of the confidence of our customers in Europe. It also reflects iBanFirst's relevant choice to focus our expertise on international payments while offering a maximum level of security for our clients' funds thanks to account segregation.”
About iBanFirst
Founded in 2013, iBanFirst has quickly established itself as the leading alternative for businesses that trade and operate payments across borders.
iBanFirst offers a next-generation international payment experience that combines the power of its platform with the support of top FX experts. Executives and finance teams can access the FX markets, receive, send and track payments in more than 30 currencies and develop tailored hedging strategies.
With more than 350 employees in 10 European countries, processing up to €1.5 billion worth of transactions per month and listed by the Financial Times as one of Europe's fastest-growing companies, iBanFirst has established itself in less than 10 years as a trusted partner for SMEs across borders.
iBanFirst is backed by the French public investment bank, (bpiFrance), European venture capital leaders (Elaia, Xavier Niel), and the American investment fund Marlin Equity Partners (more than 8 billion dollars of capital under management).
iBanFirst is regulated as a payment institution authorised to operate throughout the European Union.
À propos du FT 1000
The Financial Times annual FT 1000 ranking lists the one thousand fastest-growing companies in Europe. The FT 1000 2023 is the seventh iteration of this ranking. To be included in the list, criteria notably include revenue generation of at least €100,000 in 2017, revenue generation of at least €1.5 million in 2020 and revenue growth being achieved organically between the years 2017 and 2020. If a company is listed on a stock exchange, its share price cannot have fallen by 50 percent or more since 2019.
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