B2C2, a leading crypto-native liquidity provider, has officially integrated OpenPayd’s Embedded Finance capabilities into its global instant settlement network. This strategic partnership aims to enhance the trading experience for clients by facilitating seamless fiat transactions alongside digital assets.
Reliable Pricing and Strong Backing
B2C2 offers dependable pricing across various market conditions, supported by the reputable Japanese financial services company SBI. With a robust credit profile and extensive regulatory presence, B2C2 ensures that clients can engage with the cryptocurrency market in a secure and compliant manner.
Overcoming Traditional Banking Challenges
OpenPayd’s global payments and Banking-as-a-Service (BaaS) platform addresses the inefficiencies often associated with traditional banking systems. By partnering with OpenPayd, B2C2 enables its clients to easily send and receive fiat currency for trade settlements. This collaboration enhances client experiences by offering streamlined onboarding, access to multi-currency accounts, and the ability to execute third-party payments instantly.
B2C2 officials emphasize that while traditional banking networks have served conventional financial markets well, they struggle to keep pace with the rapidly evolving digital asset landscape. The dynamic nature of digital finance requires speed and uninterrupted functionality—characteristics that traditional banking models frequently lack. Through this partnership with OpenPayd, B2C2 effectively bridges the gap between traditional and digital markets, allowing institutional clients to transfer fiat currency with the same efficiency as digital assets.
Upgraded Settlement Infrastructure
This collaboration significantly upgrades B2C2’s settlement infrastructure, providing clients with instant, 24/7/365 settlements across multiple currencies. The integration of OpenPayd’s Embedded Finance capabilities ensures that B2C2 remains at the forefront of the digital finance revolution.
The Rise of Embedded Finance
Embedded Finance is transforming how businesses and consumers engage with financial services. By incorporating financial products directly into non-financial platforms, companies can offer convenient access to services such as payments, lending, and insurance. This not only enhances customer experience but also opens new revenue streams and fosters innovation.
For example, e-commerce platforms can provide instant credit options at checkout, while ride-sharing apps can integrate in-app insurance features. As technology continues to evolve, Embedded Finance is poised to become a fundamental aspect of daily transactions, creating a more interconnected and efficient financial ecosystem.
Massimo Di Placido, Group CFO at B2C2, emphasised the growing inadequacies of traditional banking in keeping up with the digital asset sector’s demands. According to him, the collaboration with OpenPayd permits B2C2’s institutional clients to manage fiat currencies with the same ease as digital assets. This capability supports around-the-clock settlement services in multiple currencies, proving essential for maintaining competitive advantage.
Iana Dimitrova, CEO of OpenPayd, expressed her enthusiasm for the partnership, noting that their robust and scalable infrastructure, coupled with effortless onboarding processes, perfectly aligns with B2C2’s requirements. The mutual benefits realised in this partnership reflect a significant stride towards optimising digital finance processes, highlighting OpenPayd’s role as a key player in the embedded finance domain.
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