Accelerating growth for Romanian startups with exclusive financial services and swift onboarding Investors can transfer funds from over 140 countries in more than 32 currencies. The account opening process on the iBanFirst platform has been streamlined from 10 days to just a few hours, ensuring compliance and AML requirements are met efficiently. Both fundraising startups and investors will access preferential FX rates, faster payments, cost-efficient terms, and dedicated support. iBanFirst, a leading global provider of foreign exchange and international payments for businesses, announces an innovative partnership with SeedBlink, Europe's all-in-one equity and investment platform. The collaboration between the two European Fintechs introduces a bespoke solution for fundraising startups 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," shares Alin Latu, Country Manager Romania and Hungary at iBanFirst. "This strategic partnership demonstrates our dedication to empowering Romanian and regional 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." For 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. About SeedBlink SeedBlink is the all-in-one equity and investment platform that provides the infrastructure, financial services and network coverage for European tech companies and their stakeholders to access, manage and trade equity at every stage of growth. With a comprehensive suite of products and services, SeedBlink streamlines investment processes and provides robust support throughout the equity lifecycle, from initial funding rounds through to mature investment opportunities and secondary markets. More information at www.seedblink.com About iBanFirst Founded in 2016, iBanFirst has quickly established itself as the leading alternative for businesses that trade and carry out international payments. iBanFirst offers a next-generation cross-border payment experience that combines a powerful platform and the support of FX experts. With iBanFirst, executives and finance teams can get direct access to currency markets, receive, send and track payments and develop tailored hedging strategies. With more than 350 employees in 10 European countries, processing a volume of transactions worth more than €1.4 billion each month, and listed by the Financial Times as one of Europe's fastest growing companies, iBanFirst became in less than 10 years a trusted partner for SMEs across borders. iBanFirst has the financial backing of 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). Regulated by the National Bank of Belgium as a payment institution, iBanFirst is authorised to operate throughout the European Union. Member of the SWIFT network and SEPA certified, iBanFirst holds AISP and PISP accreditations under PSD2.
President Nicușor Dan has nominated Senate president Ilie Bolojan, a leader of the National Liberal Party (PNL) and former interim president, for the prime minister seat. Dan said Bolojan is “the best person to carry out the needed adjustments in the state administration.” He pointed to Bolojan’s track record with reducing spending, and said he has […]
Balkanik Festival – Home of World Music, set to take place at Uranus Garden between September 5 and September 7, lines up this year artists who "celebrate that form of joy that does not ignore reality, but faces it with beauty, energy, and solidarity," the organizers said. The artists performing in September in Bucharest will […]
The mayor of Timișoara, Dominic Fritz, announced on Friday, June 20, that two new bridges over the Bega River will be built in the city. The bridges will be financed with EU-backed funds worth over RON 130 million. The bridges in question are the Solventul Bridge, which will connect Gării Street to Dâmbovița Boulevard and […]
A Sarmatian necropolis nearly 2,000 years old was discovered after archaeological excavations were carried out at the Mehala II site in the municipality of Timișoara, in western Romania. Researchers discovered 15 inhumation graves, most arranged in rectangular pits with rounded corners, although some no longer retain their original outline, having been disturbed by the passage […]
The George Enescu Philharmonic Orchestra will deliver on June 26 a concert marking Romania Day at the Osaka World Expo. Additionally, the Bucharest-based orchestra will present a series of other concerts and recitals, both within the Romanian Pavilion and outside, at Toyonara Hall in Osaka. The George Enescu Philharmonic Orchestra's concerts will be conducted by […]
Sphera Franchise Group, the largest food service group in Romania, has opened its first Cioccolatitaliani store in the seaside resort of Riccione, in Italy’s Rimini tourist area. This marks the official launch of Sphera Group’s development plan for the premium Italian brand of coffee, gelato, and pastry. Under the plan, it will open four locations […]
