iBanFirst & SeedBlink team to improve payment terms for investors

By Gloria Methri

iBanFirst, a global provider of foreign exchange and international payments for businesses, has partnered with SeedBlink, Europe’s all-in-one equity and investment platform. The collaboration introduces a bespoke solution for fundraising start-ups and their private investors, ensuring faster onboarding and access to preferential FX rates.

“Collaborating with SeedBlink to introduce dedicated collection accounts represents a significant milestone in enhancing financial accessibility and transaction efficiency for scaling startups,” said Johan Gabriels, Regional Director for Southeast 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.”

Traditional banking solutions often fail to meet the efficiency and customization needs of investment platforms, resulting in slower transactions, higher costs, and cumbersome administrative processes. This partnership addresses these challenges by introducing dedicated collection accounts for each funding round on iBanFirst’s platform.

This service is tailored to accommodate SeedBlink’s complex needs, collecting multi-currency investments from around 50 European investors per project. Onboarding each account now takes a few hours, down from 10 days with traditional providers.

“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.”

The SeedBlink all-in-one equity and investment platform digitizes, automates and centralizes operations, streamlining investment and equity management processes.

This partnership with iBanFirst translates into improved financial terms for investors’ currency exchanges and international payments. Investors can commit funds primarily in euros. However, 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.