Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Revolutionizing startup fundraising: iBanFirst and SeedBlink join forces...

Revolutionizing startup fundraising: iBanFirst and SeedBlink join forces for faster, cost-effective European investments

September 12, 2024

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.

Read in full - click here
One last star to shine: Corinthia Bucharest prepares the final act of its Michelin Dinner Series

Some dinners are eaten. Others are remembered. At Corinthia Grand Hotel du Boulevard, the past few months have unfolded like a quiet culinary opera. One by one, Europe’s most celebrated chefs arrived, took over the kitchen of Boulevard 73 and left behind more than menus; they left stories. Now, on December 4, the curtain falls. […]

HORIZON CITY - The New Residential Anchor of Northern Bucharest

HORIZON CITY, a €130 million residential project, is emerging as one of the most solid and forward-thinking developments in the Pipera area—both through its scale and through the modern direction it sets for the new residential standards in the north. Developed across nearly 23,000 sqm, with 699 apartments and 926 parking spaces, the project brings […]

Romania’s forestry authority Romsilva puts 16,000 Christmas trees up for sale

Romania’s National Forest Administration, or Romsilva, announced that it is putting over 16,000 Christmas trees up for sale over the winter in a press release published on Thursday, November 27. The trees can be purchased directly from the offices of the forestry districts. Prices range between RON 17 (EUR 3.3) for a spruce...

New 14 km segment of Romania’s A7 Moldova highway inaugurated

Lot 3 Pietroasele–Buzău of Romania's A7 highway, also known as the Moldova highway, was inaugurated on Thursday, November 27. The newly inaugurated segment is 13.9 km long. The A7 connects Romania’s historic regions of Muntenia, the southern part of the country, with Moldova, the eastern part. “We are opening another 13 km of the Moldova Motorway […]

Romania’s Sinaia inaugurates alpine coaster for year-round mountain fun

The City Hall of Sinaia, a popular mountain town roughly 120 km north of Bucharest, announced that a new attraction, the alpine coaster on Pârtia Nouă, will officially open on December 1. The installation, located in the ski area near the Sinaia Gondola, features what the authorities say is the longest track of its kind […]

Romania scores first win in group stage of Women’s Handball World Championship

The Romanian national team debuted with a victory in Group A of the Women’s Handball World Championship, organized in the Netherlands and Germany. Romania won 33–24 (13–12) against Croatia in the Ahoy Arena in Rotterdam on Thursday, November 27. The Romanian team dominated the match in the second half, left backer Sorina-Maria Grozav scoring 7 […]