OpenPayd
Also a provider — view OpenPayd’s profile →“Can a single API deliver fiat multi-currency accounts, cross-border rails and stablecoin on/off-ramps to become the default embedded finance rail for crypto-native and global businesses?”
Founded2018
HQLondon, United Kingdom
FoundersOzan Özerk
IndustryInfrastructure / BaaS
The story
OpenPayd launched in 2018 as a BaaS platform offering accounts, virtual IBANs, FX and payment rails to businesses via a single API. In 2020 it made an early bet on serving crypto-native firms — a differentiator that landed clients like Bitfinex, OKX, B2C2 and eToro. It has since layered on Open Banking (2022) and stablecoin on/off-ramp services, positioning itself as a fiat-plus-crypto embedded finance rail operating across UK, EU, Canada and Malta.
Product timeline
2018
Founded in London by Ozan Özerk as a payments and banking platform for businesses.· banking
2020
Launched banking and payment services for digital currency businesses.· pivot
2022
Began offering Open Banking services across the UK and Europe.· banking
2024
Partnered with TrueLayer to embed pay-by-bank (A2A) instant payments into its BaaS platform.· banking
Regulated entities
5
regulatory licences held by OpenPayd
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
6 layers disclosed in OpenPayd’s embedded-finance stack
Payments / PSP
Banking / BaaS
in the full report
Payroll
in the full report
Open banking
in the full report
FX & payouts
in the full report
Crypto
in the full report
Accounting gap: none
8 more providers across 5 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.