B2C2, a provider of institutional liquidity for digital
assets, announced an integration of OpenPayd’s embedded finance tools into its
instant settlement network. According to the release, the partnership aims to
simplify fiat currency transactions for B2C2’s clients in trade settlement
processes.

Fiat-Crypto Transaction Facilitated

B2C2, a digital asset trading firm backed by Japan’s SBI
Holdings, offers institutional clients liquidity across various market
conditions. OpenPayd, a Banking-as-a-Service (BaaS) platform, provides global
payment capabilities aimed at reducing friction in traditional banking.

“Today’s digital financial ecosystem requires more agility,
speed, and around-the-clock functionality—traits that conventional banking
models struggle to deliver” said Massimo Di Placido, Group CFO at B2C2.

“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.”

B2C2 Partners with OpenPayd to Expand Its Global Instant Settlement NetworkRead more: https://t.co/EERXMNflTv#B2C2 #OpenPayd #InstantSettlement #GlobalNetwork #finance #fintech #FinancialIT

— Financial IT (@financialit_net) October 28, 2024

OpenPayd Supports Crypto Settlement

Through this integration, B2C2’s clients gain simplified
onboarding with OpenPayd, multi-currency account access, and instant
third-party payment functionality.

“B2C2 is a leader within the digital asset market, committed
to delivering a seamless trade execution and settlement experience for their
institutional clients,” said Iana Dimitrova, CEO at OpenPayd.

“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.”

This article was written by Tareq Sikder at www.financemagnates.com.

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