Through integrating Yapily's Open Banking platform into OpenPayd's embedded finance offering, a complete banking and payments ecosystem is created through a single API
This revolution has a name: embedded payments. In total, embedded payments services are expected to generate 277.46 billion Euro of revenue across Europe over the next five years.
"As more businesses incorporate financial technology into their offerings, such as cryptocurrencies and other embedded finance solutions, regulation will form around what’s already built and working well."
Bitfinex, a digital token trading platform, is working with fiat on-ramp provider OpenPayd to enable real-time SEPA payments for Euro deposits and withdrawals.
Leading UK fintech payments provider Caxton has partnered with OpenPayd. OpenPayd IBANs will overhaul Caxton's operations, saving time and enhancing customer experience.
"I am excited to join OpenPayd and am committed to supporting our customers with a payment infrastructure that delivers first class payments and FX services helping them to scale globally."