iBanFirst

ibanfirst.com · Brussels, Belgium

iBanFirst is a financial services and fintech company that provides cross-border payment and foreign exchange solutions for small and mid-sized businesses. Its platform enables companies to open multi-currency accounts, manage FX risk, and execute international payments with transparent pricing and real-time tracking. The company generates revenue through transaction fees, FX margins, and related payment services.

  • Cross-Border Payments & FX
  • Payment Processing
Revenue
$90.0M
Employees
450
Founded
2013
Headquarters
Brussels, Belgium

What 6 Arbolus experts think of iBanFirst

The NPS scores are strong (8-9) amongst retained and high-spend customers, but drop to 7 for those with unclear renewal intent. Two out of six respondents indicate uncertainty or negative renewal intent, reflecting some concerns about ongoing differentiation and perceived value. Most customers are in long-term use (>1 year), demonstrating potential for stickiness, though recent offboarding signals that iBanFirst may need to reinforce its position for smaller spend brackets. Key expert themes highlight strengths in speed, platform usability, and reliable large transactions, while concerns include niche positioning and competitive pressure. Overall Customer Sentiment: Positive

Who reviewed iBanFirst

Total customers 6 6 current · 0 former
Reviews growth +2 in six months
Seniority of respondents
  • C-Suite 100% (6)
Finance Manager C-Suite NPS 9 Not renewing
Revenue Leader C-Suite NPS 7 Undecided
Finance Analyst C-Suite NPS 8 Not renewing

Employer names and spend open in the full report, along with the other 3 customers.

Everything 6 customers told us about iBanFirst.

Employer names, spend, renewal intent and every written answer behind the numbers on this page.

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Sentiment

33 Net Promoter Score, from 6 scored reviews
  • Promoters 2
  • Passives 4
  • Detractors 0

Cumulative NPS by month

+1 over 6 months
  • Jul 7
  • Mar 8
  • Apr 8
  • Jan 8
  • Jul 8
  • Oct 8

Net Promoter Score across 1 reviews, accumulated up to each month. Category median 33 across 1 companies.

Praised

  • Enhance Price Competitiveness
  • AI-Driven Efficiency Gains
  • Broaden Range of Supported Payment Types
  • Platform Reliability and Speed

Criticised

  • Not the Only Provider Needed
  • Less Suited for Everyday Small Payments
  • Pricing Impacted by Volume
  • Reliance on Specific Use Case

What customers say

Platform Reliability and Speed
“I would confidently recommend iBanFirst for its reliability and fast execution of both SEPA and SWIFT payments, which is vital for international business operations.”
Usability and Process Transparency
“The platform’s interface is intuitive for managing payments, and features like payment status links make it easier to collaborate with suppliers and enhance communication clarity.”
Specialist for Large, Time-Sensitive Transactions
“I rely on iBanFirst for larger transactions that need to move quickly, as it consistently outperforms banks in terms of speed and handles higher-value transfers with more flexibility than alternatives.”

Renewal intent

Plan to renew 33%
  • Will renew 2
  • Undecided 2
  • Not renewing 2

Plan to renew, by seniority

  • C-Suite 33% 6 answers
  • 8.5/10 Average score from customers who will renew
  • 7/10 Average score from undecided customers
  • 8.5/10 Average score from customers not renewing

Report

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