Overview of Transaction

• On May 27, 2021, Marlin Equity Partners announced that it has signed a definitive agreement to complete a growth investment in iBanFirst, a cloud-based, financial services provider delivering solutions across banking borders
• 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
• The completion of the transaction is subject to applicable regulatory clearances and other customary closing conditions

Significance of Transaction

• The funding will enable iBanFirst to accelerate its rapid international expansion, strengthen its partnerships and cement its market leadership
• The investment will also help further the Company’s product leadership in the multi-trillion dollar global addressable market for B2B Payments and FX solutions

FT Partners' Role

• FT Partners advised iBanFirst on this transaction
• This transaction underscores FT Partners' deep Payments domain expertise and successful track record of generating favorable outcomes for leading companies in the space