OpenPayd expands European payment capabilities with additional domestic virtual IBANs and payment rail

London, UK, 11 November 2025 – OpenPayd, a leading provider of financial infrastructure, has strengthened its European payments infrastructure with the addition of Netherlands-issued virtual IBANs (NL vIBANs), providing greater domestic euro account access for its clients.

Building on its existing virtual IBAN offering, OpenPayd now provides clients with NL-issued virtual IBANs alongside its existing UK, FR and MT options. This broader portfolio offers businesses greater flexibility and enhanced localisation in routing euro payments across Europe. 

This enhancement also brings connectivity to Target2 (T2), the European Central Bank’s real-time gross settlement system. Through T2, OpenPayd clients gain access to one of the largest euro payment networks in the world, connected to over 40,000 banks worldwide and enabling the real-time settlement of high-value euro transactions.

Barry O’Sullivan, Director of Banking & Payments at OpenPayd, said, “This enhancement is about giving our clients greater flexibility in how they decide to move euro payments across Europe. By adding NL vIBANs, we’re extending local reach and removing barriers to domestic payment access – all through the same API our clients already use today.”

The expanded vIBAN network is available through OpenPayd’s EU-licensed entity, reinforcing its position as a pan-European Banking-as-a-Service provider. For businesses operating across multiple markets, these additional domestic vIBANs deliver more routing options, improved payment efficiency and reduced friction in cross-border euro flows. 

O’Sullivan added, “We’re building a financial infrastructure that removes barriers. Whether you’re a marketplace settling vendor payouts, a corporate managing treasury flows, or a platform handling cross-border transactions, having NL, UK, FR, and MT vIBANs at your disposal means you can operate across Europe with greater speed and control.”

The NL vIBAN offering is available now to all OpenPayd clients.

About OpenPayd 

OpenPayd is building the universal financial infrastructure for the digital economy. Their rails-agnostic platform enables any business to move and manage money globally – across fiat and digital assets – through a single, powerful API. 

OpenPayd provides embedded finance solutions, FX, domestic and international payments, Open Banking, and stablecoin on/off ramps – delivering full interoperability between traditional finance and digital assets. With one of the most comprehensive banking networks in the market, OpenPayd enables real-time money movement, everywhere. 

Trusted by global brands including eToro, Kraken, OKX, and B2C2, they process more than €130 billion in annual volumes for over 800 businesses. OpenPayd is the infrastructure layer powering the next generation of financial services. 

Note to Editor 

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