iBanFirst (Marlin portfolio company) to Acquire Cornhill International Payments

June 29, 2022

iBanFirst, a Marlin Equity Partners-backed cross-border payments platform, has signed a definitive agreement to acquire U.K.-based FX provider Cornhill International Payments. The add-on deal gives iBanFirst an immediate footprint in the U.K., strengthens its multicurrency B2B payments offering for SMEs, and furthers its European expansion strategy; the deal remains subject to regulatory clearances and customary closing conditions.

Buyers
iBanFirst, Marlin Equity Partners
Targets
Cornhill International Payments FX Holdings Ltd
Platforms
iBanFirst
Location
United Kingdom
Transaction Type
Addon

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