Company:OpenPayd

From HandWiki
OpenPayd
TypePrivate
IndustryFinancial technology, Banking as a Service
Founded2018
FounderOzan Özerk
HeadquartersLondon, United Kingdom
Key people
Iana Dimitrova (CEO)
ServicesPayment infrastructure, accounts, virtual IBANs, FX
WebsiteTemplate:UR

OpenPayd is a London-based banking-as-a-service platform that provides financial services for businesses through a single API.

History

OpenPayd was founded in London in 2018 by Ozan Özerk, the founder of European Merchant Bank, MSB.US, and Ozan SuperApp.[1][2] It was initially focused on payments and banking for businesses through modular technology and a global license network.[3] The company expanded its operations internationally from the UK, opening offices in US, Canada, Malta, Bulgaria, Turkey and France.[4][5]

In 2020, OpenPayd launched banking and payment services for digital currency businesses, allowing them to access banking and payment networks.[6]

In 2022, OpenPayd began offering Open Banking across the UK and Europe.[7]

Operations

OpenPayd gives access to digital banking and payment services.[8]

Customers include eToro,[9] OKX,[10] Libertex,[11] B2C2,[12] Bitfinex[13] and Caxton.[14]

References

  1. Towner, Lauren (2024-11-06). "Dr. Ozan Ozerk Spoke at ‘Fintech Forward’ about Embedded Finance's Progress and Potential" (in en). https://ffnews.com/thought-leader/dr-ozan-ozerk-spoke-at-fintech-forward-about-embedded-finances-progress-and-potential/. 
  2. England, Joanna (2022-04-27). "OpenPayd Founder on BaaS Trends & new Marketplace Challenges" (in en). https://fintechmagazine.com/banking/openpayd-founder-on-baas-trends-new-marketplace-challenges. 
  3. "OpenPayd: Fintech’s Sharpest Swiss Army Knife - FinanceFeeds" (in en-US). 2023-06-05. https://financefeeds.com/openpayd-fintechs-sharpest-swiss-army-knife/?utm_source=chatgpt.com. 
  4. Barsy, Thibault de (2019-04-04). "Ozan parent brand, OpenPayd launches with a mission to ‘Unlock Banking’" (in en-GB). The Payments Association. https://thepaymentsassociation.org/article/ozan-parent-brand-openpayd-launches-with-a-mission-to-unlock-banking/?utm_source=chatgpt.com. 
  5. "The People of Fintech: Medical Doctor & Serial Fintech Entrepreneur Ozan Özerk" (in en-GB). 2023-06-05. https://euroweeklynews.com/2023/06/05/the-people-of-fintech-medical-doctor-serial-fintech-entrepreneur-ozan-ozerk/. 
  6. "OpenPayd unveils crypto banking and payments proposition amid unprecedented sector growth" (in en-GB). The Payments Association. 2020-07-10. https://thepaymentsassociation.org/article/openpayd-unveils-crypto-banking-and-payments-proposition-amid-unprecedented-sector-growth/?utm_source=chatgpt.com. 
  7. "Yapily and OpenPayd join hands to meet soaring demand for embedded finance in the UK" (in en-GB). 2022-06-06. https://tech.eu/2022/06/06/yapily-and-openpayd-join-hands-to-meet-growing-demand-for-embedded-finance-in-the-uk-and-beyond?utm_source=chatgpt.com. 
  8. "The People of Fintech: Medical Doctor & Serial Fintech Entrepreneur Ozan Özerk" (in en-GB). 2023-06-05. https://euroweeklynews.com/2023/06/05/the-people-of-fintech-medical-doctor-serial-fintech-entrepreneur-ozan-ozerk/. 
  9. "OpenPayd Partners With Social Investment Platform eToro for Near-Instant Payments" (in en-US). 2022-09-27. https://www.pymnts.com/news/payment-methods/2022/openpayd-partners-with-social-investment-platform-etoro-for-near-instant-payments/. 
  10. Orme-Claye, Ted (2024-06-04). "Embedded finance rising value laid bare by OpenPayd growth" (in en-US). https://paymentexpert.com/2024/06/04/embedded-finance-openpayd-growth/. 
  11. Watson, Melania. "OpenPayd's annual recurring revenue tops GBP £40 million" (in en-US). IT Brief UK. https://itbrief.co.uk/story/openpayd-s-annual-recurring-revenue-tops-gbp-40-million. 
  12. "B2C2 partners with OpenPayd" (in en). https://thepaypers.com/online-mobile-banking/b2c2-partners-with-openpayd--1270748. 
  13. "Bitfinex Enables Instant Euro Payments with OpenPayd Partnership" (in en). 2022-04-14. https://www.financemagnates.com/cryptocurrency/news/bitfinex-enables-instant-euro-payments-with-openpayd-partnership/. 
  14. "Caxton and OpenPayd augment payments with embedded finance infrastructure" (in en). https://thepaypers.com/payments-general/caxton-and-openpayd-augment-payments-with-embedded-finance-infrastructure--1255225.