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Orenda Finance has been selected to use Stripe’s new Beta APIs for Financial Accounts, allowing for a flexible payments system on a reputable platform. This allows clients to reach across borders in various industries, and easily expand their business reach through seamless cross-border transactions.
By using Stripe, Orenda can access US markets to issue cards and accounts and receive online payments in the UK, creating a faster and more extensive platform for clients.
- With Stripe providing Orenda’s financial services infrastructure to build financial accounts and card programs, Orenda will have the fastest time-to-market for new financial services and solutions.
- Orenda can extend card issuing and transaction capabilities in the US while continuing to receive payments in the UK.
- Orenda will increase its portfolio by adding international clients with ease, increasing revenue, and making more financial products available to clients worldwide.
- Businesses across the US can now access a reliable and efficient payment platform to process payouts globally.
“We’re seeing the need for embedded financial solutions increase around the globe,” said Simon Arscott, Head of Banking-as-a-Service at Stripe. “By using Stripe Issuing and Treasury APIs, Orenda can easily build and offer financial services for clients within their platform.”