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B2C2 & OpenPayd to fuel its Global Instant Settlement Network

By Gloria Mathias

October 28, 2024

  • B2C2
  • Banking-as-a-Service (BaaS) platform
  • Digital assets
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Openpayd, fintech News, fintech Solutions, Real-time Payments, Payments Technology, B2C2, SBI, London, UK, Digital Assets, B2C2, a global institutional liquidity for digital assets, has announced that it is adding OpenPayd’s embedded finance capabilities to its global instant settlement network.

B2C2 provides deep, reliable prices across all market conditions. It is owned and backed by the Japanese financial services conglomerate SBI. With a strong credit profile and an extensive regulatory footprint, B2C2 helps users access the crypto market with confidence and reliability.

OpenPayd’s global payments and Banking-as-a-Service (BaaS) platform reduces the friction associated with traditional banking rails. Working with OpenPayd and leveraging its purpose-built embedded finance infrastructure expands B2C2’s and its clients’ ability to send and receive fiat currency for trade settlement seamlessly. B2C2 clients will also benefit from streamlined onboarding onto OpenPayd, access to multi-currency accounts, and the ability to instantly send or receive third-party payments.

“Traditional banking networks, while reliable for traditional financial markets, are increasingly incapable of meeting the demands of the rapidly evolving digital asset sector. Today’s digital financial ecosystem requires more agility, speed, and around-the-clock functionality—traits that conventional banking models struggle to deliver,” said Massimo Di Placido, Group CFO at B2C2. “By partnering with OpenPayd and integrating their embedded finance infrastructure, we’re bridging the gap between traditional and digital markets and enabling our institutional clients to move fiat currency as swiftly and effortlessly as they transfer digital assets. This collaboration enhances our best-in-class settlement infrastructure, allowing us to support our clients with 24/7/365 instant settlement across multiple currencies.”

“B2C2 is a leader within the digital asset market, committed to delivering a seamless trade execution and settlement experience for their institutional clients,” said Iana Dimitrova, CEO at OpenPayd. “OpenPayd’s resilient and scalable infrastructure combined with our easy and efficient onboarding process meets the needs of B2C2 and its trading counterparties, and we’re proud to be selected as an embedded finance partner.”

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