B2C2, known for digital asset liquidity, integrates OpenPayd’s finance solutions into its global settlement network.
- Enhancements include streamlined fiat trade settlements and banking processes for B2C2.
- The partnership supports 24/7/365 instant settlement across multiple currencies, increasing agility.
- Massimo Di Placido highlights the need for speed in digital asset transactions.
- OpenPayd’s infrastructure complements B2C2’s operational needs, according to CEO Iana Dimitrova.
B2C2 has made a significant move by integrating OpenPayd’s embedded finance solutions, which are set to enhance its global instant settlement network. Recognised for its reliability in providing steady prices irrespective of market conditions, B2C2 is backed by the Japanese financial powerhouse SBI, which ensures a robust credit profile and strict regulatory adherence for secure access to the crypto markets. This integration marks a forward-thinking approach to financial operations in the digital asset sector.
With OpenPayd’s state-of-the-art payments and Banking-as-a-Service platform, traditional banking processes are now more efficient. B2C2’s settlement operations are particularly benefiting from this advancement, as the integration simplifies the execution of fiat trade settlements. Clients now enjoy seamless operations, including simplified onboarding, multi-currency account access, and instant third-party payments, all crucial in today’s fast-evolving financial landscape.
Massimo Di Placido, Group CFO at B2C2, emphasised the growing inadequacies of traditional banking in keeping up with the digital asset sector’s demands. According to him, the collaboration with OpenPayd permits B2C2’s institutional clients to manage fiat currencies with the same ease as digital assets. This capability supports around-the-clock settlement services in multiple currencies, proving essential for maintaining competitive advantage.
Iana Dimitrova, CEO of OpenPayd, expressed her enthusiasm for the partnership, noting that their robust and scalable infrastructure, coupled with effortless onboarding processes, perfectly aligns with B2C2’s requirements. The mutual benefits realised in this partnership reflect a significant stride towards optimising digital finance processes, highlighting OpenPayd’s role as a key player in the embedded finance domain.
The collaboration between B2C2 and OpenPayd signifies a major advancement in the digital finance sector, setting new standards for efficiency and accessibility.
