LONDON, England – 7th July 2020: OpenPayd, the API-led Banking-as-a-Service provider, today unveils its banking and payments solution for digital currency businesses. The proposition provides cryptocurrency businesses with access to a range of banking and payments networks, at a time when exchanges have been experiencing their highest trading volumes.
From a single API, OpenPayd’s Banking-as-a-Service platform provides crypto businesses with access to:
Digby Try, Head of Global Sales at OpenPayd, comments:
“Digital currency businesses are seeing exponential growth in demand. The problem is, a lack of familiarity and understanding of the sector means crypto businesses are often underserved and lacking access to fundamental banking and payments services.
“As an established fintech with a nuanced understanding of the market and a strong network of partners across banking, payments, digital currencies, risk and compliance management, OpenPayd is uniquely placed to address and support the evolving needs of the crypto market as it reaches maturity.”
ENDS
OpenPayd is a digital Banking-as-a-Service platform, dedicated to improving and simplifying access to payments and banking. Its services can be integrated through a single API and are supported by a network of licenses across UK, Europe, USA, Canada and others.
The platform enables businesses such as marketplaces, PSPs, fintechs and crypto wallet operators, looking to streamline collection of funds and payouts to benefit from virtual IBANs in multiple currencies, access to local and international payment networks, wholesale FX, and card processing capabilities.
For additional information on OpenPayd, please visit https://openpayd.com/
Alice Pedder / Zoe Crichton
CCgroup for OpenPayd
+ 44 203 824 9200
The Payments Association
St Clement’s House
27 Clements Lane
London EC4N 7AE
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