LOS ANGELES and LONDON, May 27, 2021 – Marlin Equity Partners (“Marlin”) is pleased to announce that it has signed a definitive agreement to complete a growth investment in iBanFirst SA (“iBanFirst”), a cloud-based, financial services provider delivering solutions across banking borders. The company’s self-serve B2B FX management platform facilitates the execution of B2B payments, FX and hedging transactions across industry verticals and geographies, that are faster, more user-friendly and less expensive than traditional banking options. iBanFirst’s solutions help customers minimize FX risk and accelerate supply chains, and are utilized by thousands of enterprises, exchanges and investment funds globally. The completion of the transaction is subject to applicable regulatory clearances and other customary closing conditions.
“We are thrilled to partner with Marlin to accelerate our international expansion, strengthen our partnerships and cement our market leadership,” said Pierre-Antoine Dusoulier, CEO of iBanFirst. “The pandemic has underlined the importance of digitizing payment processes, managing FX risk and improving supply chain efficiency for our customers. Marlin brings critical strategic support, as well as a deep appreciation for the strength of our value proposition, and we look forward to our future partnership.”
“We have been extremely impressed by the iBanFirst team’s commitment to product leadership and dedicated focus on their customers’ needs,” said Jeremy Nakache, a principal at Marlin. “The company’s mission-critical platform is well-positioned to deliver rapid, scalable growth by addressing the multi-trillion-dollar global addressable market for B2B payments and FX solutions, and is supported by strong partnerships with market leaders. We are excited to partner with iBanFirst to continue to internationalize the business and further the company’s product leadership through additional investment into the platform.”
About Marlin Equity Partners
Marlin Equity Partners is a global investment firm with over $7.5 billion of capital under management. The firm is focused on providing corporate parents, shareholders and other stakeholders with tailored solutions that meet their business and liquidity needs. Marlin invests in businesses across multiple industries where its capital base, industry relationships and extensive network of operational resources significantly strengthen a company’s outlook and enhance value. Since its inception, Marlin, through its group of funds and related companies, has successfully completed over 180 acquisitions. The firm is headquartered in Los Angeles, California, with an additional office in London. For more information, please visit www.marlinequity.com.
About iBanFirst
iBanFirst is a global financial services provider that delivers financial services solutions across banking borders through its specialist online platform for multicurrency transactions. As an alternative to the traditional bank offering, iBanFirst enables a payment experience and package of financial services that address the needs of SMEs in their daily operations. Founded in Paris in 2013 by former bank executives and entrepreneurs, iBanFirst is a French company headquartered in Belgium, with operations in France, Belgium, the Netherlands and Germany. The company is regulated as a payment institution, passported throughout the European Union, and serves more than 4,000 customers throughout Europe. For additional information, please visit www.ibanfirst.com.
For additional information, please contact Peter Spasov at (310) 364-0100 or via email at pspasov@marlinequity.com.