Akce rebrands to OpenPayd with a mission to ‘unlock banking’

Payment fintech company OpenPayd have announced its official rebrand from Akce to further help its “mission to unlock banking.”

Originally founded in 2015, the group is made up of the newly dubbed parent brand OpenPayd as well as the Settle Go and Ozan brands.  

The London-based tech firm specialises in serving both B2B and B2B2C organisations. Its company aim is to simplify payments and banking for businesses through its modular technology and global license network.

“We are proud to solve a problem for businesses that are impaired by traditional banks.  Based upon our own experience, we know that time to money in a global digital economy is intrinsic to scaling a business,” said Iana Dimitrova, Group CEO.

OpenPayd target payment service providers and FX brokers, SME’s and enterprise level solutions requiring automated global banking and payments services. They hope to support these types of businesses that are “typically underserved by the banking sector.”  

Its platform delivers accounts in over 20 currencies, FX liquidity management, payment processing and access to a global acquiring and settlement network.

Dimitrova continued: “OpenPayd customers will be able to select and access the banking and payment services they need all through a user-friendly and intuitive website or through a comprehensive API offering”

OpenPayd is based in London with offices in Malta, Turkey, Bulgaria and the USA.

The Settle Go and Ozan brands are regulated by the FCA and both hold EMI licenses – the group is also regulated in the USA.