iBanFirst expands with NBWM acquisition

More than 1,000 clients will gain access to a variety of FX products and services, as well as financing for global growth

explosion of margin
Growth strategy: iBanFirst acquires NBWM, a Netherlands-based provider of high-speed payments

Belgium-headquartered cross-border banking solutions provider iBanFirst has acquired NBWM in a move that will help small- to medium-sized enterprises (SMEs) manage their foreign exchange risks better and lower the cost of doing business internationally.

NBWM is a Netherlands-based provider of high-speed payments. The acquisition enables its more than 1,000 clients to access a variety of FX products and services, such as cross-border payments, hedging and financing for global growth.

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