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iBanFirst, the European Alternative for International Payments, Appoints Luis Miguel García de Águeda to Key Role

iBanFirst, the European alternative for international payments with offices in 10 countries, has announced the appointment of Luis Miguel García de Águeda as the country manager for Spain. This move marks a significant milestone for the company as it continues to expand its operations within the Spanish market.

Luis Miguel will be responsible for increasing iBanFirst’s client portfolio in Spain, with the aim of becoming the preferred choice for Spanish SMEs engaged in cross-border payments. He brings a wealth of experience to his new role, with a degree in Finance, Banking, and Insurance from Valladolid University, and a specialization in forex market consultancy, fundamental analysis, financial trade, and providing business support for SMEs to manage currency risks and improve their long-term FX strategies.

In his position as Country Manager, Luis Miguel will lead the local team in assisting Spanish SMEs with their cross-border transactions. The main goal is to optimize their profit margins through fast, transparent, and cost-effective payment and foreign exchange (FX) solutions.

Luis Miguel expressed his excitement and honor in taking on this new role, stating that the Spanish market holds great potential for fintech services. He believes that iBanFirst has the right resources and people to establish a strong presence in the country. He emphasized his commitment to transparency and providing comprehensive financial tools to clients, enabling them to make informed decisions aligned with their interests.

Johan Gabriels, Regional Director for South & East Europe at iBanFirst, highlighted the company’s commitment to Spain and its aim to become a market leader in FX solutions and cross-border payments for medium and small companies. He believes that the appointment of Luis Miguel strengthens this commitment.

iBanFirst has capitalized on the fast digitalization of the Spanish business landscape, with many SMEs using online platforms for international trade and global supplier sourcing. The company offers a next-generation international payment experience to these companies, with access to a high-end trading platform for cross-border payments in over 30 currencies. Additionally, iBanFirst provides a comprehensive range of risk management services to help companies protect against currency fluctuations.

Overall, working with iBanFirst offers numerous benefits for businesses, including mitigated FX risk, reduced costs, improved efficiency, increased transparency, and flexibility. With the appointment of Luis Miguel García de Águeda as the Country Manager for Spain, iBanFirst is well-positioned to continue its growth and establish itself as a trusted partner for Spanish SMEs in the realm of cross-border payments and FX solutions.

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