Bitfinex collaborates with OpenPayd to enable SEPA payments
ROAD TOWN, British Virgin Islands, April 14 2022 7AM UTC – Bitfinex, a state-of-the-art digital token trading platform, in collaboration with fiat on-ramp services provider OpenPayd, is enabling real-time Single Euro Payments Area (SEPA) payments for euro-denominated deposits and withdrawals.
The introduction of SEPA payments provides additional options for Bitfinex customers to deploy euros onto the platform. Through the new collaboration, customers will have the ability to pay-in and pay-out from their accounts near-instantly.
“We chose to work with OpenPayd because of its ability to help us access SEPA real-time payment rails and the speed of integration its API enables,” said Paolo Ardoino, CTO at Bitfinex. “This collaboration forms part of our continued efforts to provide a premium customer service experience to our growing user base.”
“The vision of embedded finance is to create a world where anyone building disruptive financial products can simply plug-and-play a fully-functional payments platform and access all the benefits that come with them and this is exactly what we’ve enabled for Bitfinex,” said Iana Dimitrova, CEO of OpenPayd.
“We’re thrilled to be helping one of the world’s largest digital token exchanges to bridge the gap between fiat and crypto. It’s critical that Bitfinex and its customers have access to real-time payment rails and benefit from both improved customer experience and improve their potential to scale.”
The OpenPayd service enables the automation of critical back-end functions such as reconciliation and has enabled businesses to scale operations across Europe.
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NOTES TO EDITORS
About OpenPayd
OpenPayd is the leading embedded finance and banking-as-a-service infrastructure provider for the digital economy.
OpenPayd’s platform delivers a suite of banking and payments infrastructure: accounts, FX, international and domestic payments, card acquiring and Open Banking services - all via a single API. With a growing network of licences across the UK, Europe and North America, OpenPayd is providing the banking infrastructure digital businesses need to thrive.
For additional information on OpenPayd, please visit https://www.openpayd.com/
Press contact:
Tilson Pinto
CCgroup for OpenPayd
About Bitfinex
Founded in 2012, Bitfinex is a digital token trading platform offering state-of-the-art services for traders and global liquidity providers. In addition to a suite of advanced trading features and charting tools, Bitfinex provides access to peer-to-peer financing, an OTC market and margin trading for a wide selection of digital tokens. Bitfinex's strategy focuses on providing unparalleled support, tools, and innovation for experienced traders and liquidity providers around the world. Visit www.bitfinex.com to learn more.
