iBanFirst opens a regional office in Sofia, Bulgaria

iBanFirst opens in Sofia, Bulgaria, its second regional office as part of its expansion in South-Eastern Europe.

Dean Todorov, has been appointed Country Manager of the Bulgarian branch. He is a professional with international experience.

He began his career in fintech in London (UK) in 2017 and came back to drive the growth of fintech companies on the Bulgarian market.

The fintech company envisions to develop a local team of FX specialists to create a solid boutique portfolio of clients in the first year of its operations on the Bulgarian market.

Each client will benefit from a dedicated account manager and regular meetings with the team.

The platform has a monthly volume of transactions of EUR 2 billion at the European level and expects to double that figure by the end of the year.

iBanFirst operates an online banking platform that allows companies to make fast, cost-effective, secure transactions in over 30 currencies and hedge foreign exchange risks.

In addition to the Bulgarian and Romanian office, iBanFirst plans another offices opening in Hungary and Italy, in the coming period.

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