Romania ~
In a Nutshell
- iBanFirst, a global provider of foreign exchange and international payments for businesses, has announced a partnership with SeedBlink, Europe’s equity and investment platform.
- This collaboration offers fundraising startups and their private investors faster onboarding and access to preferential FX rates.
Better Currency Exchange for International Payments
Traditional banking solutions often lack the efficiency and customization needed by investment platforms, leading to slower transactions, higher costs, and more administrative processes. This partnership addresses these issues by introducing dedicated collection accounts for each funding round on iBanFirst’s platform. The service is designed to meet SeedBlink’s needs, handling multi-currency investments from around 50 European investors per project. Onboarding each account now takes a few hours, compared to 10 days with traditional providers.
For SeedBlink’s investors, this partnership translates into improved financial terms for their currency exchanges and international payments. Investors can commit funds primarily in euros, but if a fundraising startup is based in Switzerland, the investments will be converted to the appropriate currency before being transferred to the startup. Additionally, investors can request to transfer their investments in multiple currencies.
Startup Investment Opportunities
“Collaborating with SeedBlink to introduce dedicated collection accounts represents a significant milestone in enhancing financial accessibility and transaction efficiency for scaling startups,” shares Johan Gabriels, Regional Director for South-East Europe at iBanFirst. “This strategic partnership demonstrates our dedication to empowering businesses with seamless international payment solutions and personalized financial services tailored to their unique needs.”
“Our partnership with iBanFirst underscores our commitment to providing top-tier financial solutions and democratizing a wide range of opportunities for both startups and investors,” said Carmen Sebe, CEO of SeedBlink. “By leveraging iBanFirst’s expertise in international payments and currency exchange services, we are setting a new standard for customer satisfaction and operational excellence within the equity and investment industry.”
