iBanfirst

© iBanFirst 2017

Better business bankingBusiness banking as it should be

September 26th 2017

© iBanFirst 2017

Our companyBusiness banking as it should be

Better business banking

Key Milestones

3 © iBanFirst 2017

Q4 2012 / Q1 2013: FX4Biz was founded

Ability to do real-time pricing online through API and online platform.

Jul / Aug 2014: Real-Time Pricing

In June 2013, the National Bank of Belgium granted our license as a Payment Establishment

June 2013: Payment license

Over € 100k commissions in the month with a volume close to EUR 20m

31/12/2015: Growth in Numbers

Over €1 Billion in transactionsOver 1,000 customers

31/12/2016: Another Milestone in Numbers

€10 Million fund raising Xavier Niel, NJJ as main investor, New Vision, New CEOwith Pierre-Antoine Dusoulier

Oct 2016: Launch iBanFirst, Fundraising, New advisory board

2012 20172014 2015 20162013

iBanFirst Today

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Better Business Banking for S4M

License

BNB

iBanFirst is a PaymentInstitution licensed bythe National Bank ofBelgium and passportedthroughout Europe.

iBanFirst has a branch inFrance.

Technology

Core Banking

• Proprietary Core-banking;

• Multi-currency IBANs;

• Virtual IBANs;

• SWIFT;

• SEPA;

• Online KYC.

Team

40 Professionals

15 IT experts to developour proprietarytechnology.

Strong relationships withseveral European banksthanks to an experiencedmanagement team.

Finance

A few figures

• Created in 2013

• EUR 1,5m of revenues in 2015;

• EUR 10m raised;

• EUR 1 000m of transactions;

• 100 000 payments;

• 1 500 SME clients.

iBanFirst Headquarters

iBanFirst Paris

Our footprint

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Better Business Banking

iBanFirst R&D Dijon

© iBanFirst 2017

FX SolutionManage your multi-currency transactions with our online platform

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iBanFirst vs traditional banks

iBanFirst: 2 minutes

Banks: 24 to 48 hours

Get in touch with your bank

Step 1Bank will log your wire transfer. You will not know the FX rate which will be applied to your operation

Step 2Bank will convert your currencies at the rate applicable for the day (daily fixing) and will charge you a currency conversion commission on top

Step 3

Access your platform, pick the currency of your choice and select the wire beneficiary

Step 1Request a quote: we provide you access to real-time FX rate with full transparency on our pricing ahead of the payment validation.

Step 2Validate the rate offered, your wire transfer is processed right away, no additionnal fees charges, no delays.

Step 3

I want to execute a wire transfer

Wire transfer processed

Step 424 to 48h later, you will get the bank statement with the applied FX rate but with no specific view on additional fees charged

Step 5

iBanFirst: 3 easy steps to master international payments

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iBanFirst FX SolutionWhat issues do we solve?


Cost • Transit fees are generally high;• Solutions to protect yourself from

exchange rate fluctuation are complex or even inaccessible;

• Payments issues heavily charged (e.g. returned funds fees);

• Maintaining a multi-currency accounts structure is expensive.

Pricing Transparency• Significant spread between currency

conversion rate and the real-time forex market rate;

• Currency conversion rate usually communicated after validation of your instruction;

• Transit fees are generally opaque.

Availability• Money transfers abroad suffers long delay to

be delivered to the final beneficiary;• Many operations cannot be processed 100%

online;• Limited opening hours.

9 © iBanFirst 2017

iBanFirst FX SolutionLess expensive, more transparent


Competitive & transparent

Efficient & reliable

SecureKey

benefits

Let’s have a closer look:

Currency conversion commission

Transit fees

Currency conversion rate

Extra fees

FREE

Starting from 0 €!

Best rate guaranteedWe offer you a better rate than your bank or current provider

0 €

Simple


An Intuitive Digital Trading RoomBuy & Sell

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With iBanFirst, you will be able to buy and sell currencies directly on the forex market. You'll get real-time exchange rates with full transparency of our pricing.

Get smart notifications on rate changes, place orders, monitor positions and seize each market opportunity without a hitch

Transparent pricing

Real-time exhange rates


A global payment factoryExpand Abroad


Expanding a business abroad is complex. iBanFirst accompanies Corporates in managing their foreign exchange and international payments

iBanFirst took the payment functions of your bank, made them more efficient and available whenever you need them

Secure payment network

Fast Execution

No hidden fees

Customer oriented interface

Regulation & Security


Better Business Banking

License

• iBanFirst(n°0849.872.824), licensed and regulated by the National Bank of Belgium (NBB) as a Payment Service Provider (PSP) under the Payment Services Regulations and Electronic Money Regulations (Article 9 -21 December 2009)

• We have a branch in France which is recognised by ACPR (French Prudential Supervision and Resolution Authority)

Segregated accounts

100% of the funds on our accounts are guaranteed (we never use our clients funds, which are on segregated accounts, and are closely controlled by the BNB on this topic)

Strong authentication

Our platform is protectedagainst fishing andhacking by:

• Reinforcedauthentication:double authenticationvia TOTP (temporaryone timepasscode) and Yubikey

• Cutting edgeencryption of theplatform (BusinessSSL)

Payment networks

iBanFirst is a member of the most secured payment networks: SWIFT, SEPA, etc.


Use your iBanFirst account in ISABEL 6Like any other account you own


You can select your iBanFirst account in order to make your international paiements and benefit from our competitive conditions, exactly the same way you used to makepaiements before

© iBanFirst 2017

Questions?

© iBanFirst 2017

Appendix