OpenPayd
OpenPayd is a financial infrastructure provider that gives businesses access to payment accounts, money transfers and currency exchange through software interfaces. Its services connect the payment functions of a business to the financial systems used to move funds. Regulated group companies supply the underlying services for integration into customers' own products.
Fintechs, brokers and online platforms need to receive customer payments, send payouts and track whose money has arrived. OpenPayd combines those functions in one integration, with virtual IBANs that identify incoming payments and reduce manual reconciliation. It also connects conventional currency payments with services for stablecoins.
Regulated payment companies in the UK and Malta
OpenPayd sells accounts, payments, foreign exchange and digital asset services to businesses and says it processes over $300 billion a year. Fiat services come from SettleGo Solutions Limited, an electronic money institution authorized by the UK Financial Conduct Authority, and from OpenPayd Financial Services Malta Limited, a financial institution authorized by the Malta Financial Services Authority. Custody, exchange and order execution for crypto-assets come from OP Digital Services Limited, a MiCA-licensed provider in Malta. The AMF register lists its passported services in France from 24 June 2026.
Virtual IBANs and SEPA Instant
A business opens pooled accounts and assigns named virtual IBANs to individual customers in several currencies. The separate IBANs identify which customer sent an incoming payment and simplify reconciliation (OpenPayd's account infrastructure). The crypto platform Wirex uses OpenPayd for SEPA Instant and Faster Payments, and Kraken works with it on its banking and payments infrastructure (OpenPayd). Virtual IBAN and instant payments in Europe explain both rails.
Stablecoins next to fiat
OpenPayd offers stablecoin services and on- and off-ramps next to its fiat accounts. Ripple works with OpenPayd to give enterprises access to its RLUSD stablecoin (OpenPayd). Stablecoin on- and off-ramps covers how such conversions work for European businesses.
Upcoming payments events in Europe
Payments & Digital Money
Is OpenPayd a bank?
No. OpenPayd's UK company is an electronic money institution and its Malta company a financial institution; neither holds a banking license. E-money license explains the difference.
Where is OpenPayd based?
OpenPayd's e-money company is registered in England. OpenPayd's other two regulated companies, one for fiat payments and one for crypto-assets, are in Malta.
Accounts and stablecoins
OpenPayd and Finance Loop
Finance Loop covers virtual IBANs, instant payments and stablecoins in its Payments & Digital Money track. Fintechs, crypto firms and banks meet at Finance Loop events in Frankfurt and other German cities.
Finance Loop is a professional network supporting the institutional use of emerging technologies in finance, such as AI, digital payments, cloud and blockchain solutions. Finance Loop helps its members build skills and personal networks in these fields: Investment & Digital Assets, Payments & Digital Money, Digital Infrastructure & Sovereignty, and Risk & Compliance.