A fast-growing SaaS company based in the Netherlands was ready to expand into the UK and US markets. They had enterprise deals lined up, demos booked, and marketing in full swing. But when it came time for payment, everything ground to a halt.
💳 The issue? Their UK and US clients wanted to pay into local accounts. International wire transfers were expensive, slow, and raised red flags with finance departments.
This meant:
- Weeks of delay before contracts were signed
- Thousands in lost deals because of “payment friction”
- A slow and frustrating expansion into key markets
How SimpelFin’s Global IBAN Solution Changed Everything
Through SimpelFin, the company got local IBAN accounts in GBP and USD, without setting up foreign entities or bank accounts.
✅ This allowed them to:
- Offer local bank details to clients in the UK and US
- Receive payments faster and without conversion fees
- Speed up onboarding of new enterprise clients
📈 Within 2 months, they closed €280K in new international business. Payment friction disappeared, and their finance team could reconcile everything in real time.
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