Institutional liquidity provider of digital assets, B2C2, has added OpenPayd’s embedded finance capabilities to fuel growth in crypto-to-fiat settlements.
OpenPayd’s global payments and Banking-as-a-Service (BaaS) platform aims to reduce the friction associated with traditional banking rails. Working with the company and leveraging its embedded finance infrastructure expands B2C2’s and its clients’ ability to send and receive fiat currency for trade settlement.
B2C2 clients will also benefit from streamlined onboarding onto OpenPayd, access to multi-currency accounts, and the ability to instantly send or receive third-party payments.
Massimo Di Placido, Group CFO at B2C2, said: “Traditional banking networks, while reliable for traditional financial markets, are increasingly incapable of meeting the demands of the rapidly evolving digital asset sector.
“Today’s digital financial ecosystem requires more agility, speed, and around-the-clock functionality—traits that conventional banking models struggle to deliver.
“By partnering with OpenPayd and integrating their embedded finance infrastructure we’re bridging the gap between traditional and digital markets, and enabling our institutional clients to move fiat currency as swiftly and effortlessly as they transfer digital assets.”
Owned and backed by Japanese financial services conglomerate SBI, B2C2 is a global leader in the institutional trading of digital assets, providing deep, reliable prices across all market conditions.
With a strong credit profile, and an extensive regulatory footprint, B2C2 helps access the crypto market with confidence and reliability.
Iana Dimitrova, CEO at OpenPayd, added: “B2C2 is a leader within the digital asset market, committed to delivering a seamless trade execution and settlement experience for their institutional clients.
“OpenPayd’s resilient and scalable infrastructure combined with our easy and efficient onboarding process meets the needs of B2C2 and its trading counterparties, and we’re proud to be selected as an embedded finance partner.”
