OpenPayd to streamline Wincent's fiat payments through embedded financial services

OpenPayd provides core payments infrastructure for Wincent's expanding institutional operations.

OpenPayd, the leading embedded finance provider, has been chosen by Wincent to support its global fiat payment operations. Wincent, a high-frequency market maker and OTC liquidity provider in the cryptocurrency sector, will use OpenPayd's infrastructure to enhance its payment capabilities for institutional clients.

Through the integration, Wincent gains access to OpenPayd's global banking network and real-time payments capabilities. The partnership also provides entry into OpenPayd's ecosystem of more than 200 digital asset businesses, enabling fast and reliable cross-border transactions with counterparties worldwide.

OpenPayd's infrastructure is designed to meet the demands of institutions operating at speed and scale. Its API-first platform allows for seamless integration and provides services including account issuance, local and international payments, and FX solutions.

Boris Sebosik, Head of OTC and Business Development at Wincent, said: "Speed, reliability and access to liquidity are fundamental to our institutional operations. Partnering with OpenPayd allows us to offer just that, with instant access to fiat rails, seamless integration and a payments network purpose-built for the digital asset industry."

Iana Dimitrova, CEO at OpenPayd, added: "We're proud to support Wincent as they continue to scale globally. This partnership is further proof of the need for financial infrastructure that can serve institutional players in the fast-moving digital asset space."

The collaboration marks another milestone in OpenPayd's mission to provide robust financial infrastructure for businesses operating across the digital economy.

OpenPayd is a universal financial infrastructure that powers the growth of the digital economy founded by Dr Ozan Ozerk in 2018. By providing seamless, API-driven access to global financial services, OpenPayd enables businesses to move and manage money globally.

The OpenPayd platform delivers a full suite of banking and payments services, including payment accounts, trading capabilities, international and domestic payments and Open Banking services - all accessible via a single API. With a growing network of global banking partners, OpenPayd is providing the robust banking infrastructure digital businesses need to thrive.
For more information, visit www.openpayd.com.

Media Contact
Company Name: OpenPayd
Contact Person: Michael Treacy
Email: michael.treacy@openpayd.com
Country: United Kingdom
Address: The Bower, 207-211 Old Street, London, England, EC1V 9NR, UK
Website: https://www.openpayd.com/

The OpenPayd platform delivers a full suite of banking and payments services, including payment accounts, trading capabilities, international and domestic payments and Open Banking services - all accessible via a single API. With a growing network of global banking partners, OpenPayd is providing the robust banking infrastructure digital businesses need to thrive.
For more information, visit www.openpayd.com.

This release was published on openPR.