OpenPayd

OpenPayd is a London-based financial technology brand focused on banking-as-a-service, payments, and related financial infrastructure for businesses. It was founded in 2018 by Ozan Özerk, who is also associated with European Merchant Bank, MSB.US, and Ozan SuperApp. The company was established with an initial emphasis on helping businesses access payment and banking capabilities through technology rather than building those functions independently. OpenPayd’s proposition is aimed primarily at companies that require embedded or integrated financial services. Its activities include payment connectivity and banking services, with a particular emphasis on serving businesses that may need access to multiple payment networks or banking relationships. The platform’s business-to-business orientation distinguishes it from consumer-facing digital wallets and retail banking applications. In 2020, OpenPayd expanded its offering to digital-currency businesses. This move enabled companies in the digital-asset sector to seek access to banking and payment networks through OpenPayd’s infrastructure. The expansion placed the company in a segment where payment access, banking relationships, compliance requirements, and the ability to move funds across jurisdictions are important operational concerns. Publicly identified customers have included eToro, OKX, B2C2, Bitfinex, and Caxton, although the specific scope of each relationship is not established by the available reference material. The company subsequently broadened its services beyond its initial payments focus. In 2022, it began offering open-banking services across the United Kingdom and Europe. This marked a further extension into account-connected financial infrastructure and reflected the wider development of open banking in European markets. OpenPayd has expanded internationally from the United Kingdom, with operations or offices reported in the United States, Canada, Malta, Bulgaria, Turkey, and France. The available reference material does not provide detailed information about its ownership, funding, revenue, workforce, regulatory licenses, or present executive team. It also does not establish whether the company is publicly listed. On the available evidence, OpenPayd is an active private financial-technology brand whose core positioning is the provision of banking and payment infrastructure to businesses, including fintech and digital-asset companies.

OpenPayd was founded in London in 2018 by Ozan Özerk. The company began as a business-oriented payments and banking platform, seeking to provide organizations with access to financial capabilities through technology and external banking and payment connections. Its initial focus was on business users rather than retail consumers. The company’s development followed the broader growth of banking-as-a-service and embedded-finance models. Instead of positioning itself primarily as a conventional bank, OpenPayd developed infrastructure intended to help other businesses incorporate banking and payments into their own products, operations, or customer propositions. The available reference material does not specify the precise regulatory structure or licensing arrangements behind these services. In 2020, OpenPayd entered the digital-currency market by launching banking and payment services for digital-currency businesses. The offering was intended to help these companies access banking and payment networks, an area that can be operationally difficult for businesses working across financial and digital-asset ecosystems. Customers identified in reference material include eToro, OKX, B2C2, Bitfinex, and Caxton. OpenPayd later expanded its geographic footprint beyond the United Kingdom. Operations or offices were reported in the United States, Canada, Malta, Bulgaria, Turkey, and France, supporting the company’s international business orientation. The sources available for this entry do not provide a detailed chronology for each country expansion. In 2022, OpenPayd added Open Banking services across the United Kingdom and Europe. This broadened its scope from conventional business payments and banking access to services associated with account connectivity and open-banking infrastructure. The move placed OpenPayd within the wider European ecosystem of API-enabled financial services. The available sources describe OpenPayd as an active London-based banking-as-a-service platform, but they do not provide sufficient information to document its ownership structure, financial performance, capital raises, regulatory authorizations, board composition, or current leadership beyond the identification of its founder. Accordingly, the documented history is strongest on the company’s founding, international expansion, digital-currency offering, and later Open Banking launch.

• 2022

  Open Banking expands across the United Kingdom and Europe

  [1]OpenPayden.wikipedia.org

  The company began offering Open Banking services in the United Kingdom and European markets.

• 2020

  Digital-currency banking and payment services launch

  [1]OpenPayden.wikipedia.org

  OpenPayd introduced banking and payment services for digital-currency businesses, linking them with banking and payment networks.

• 2018

  OpenPayd is founded in London

  [1]OpenPayden.wikipedia.org

  Ozan Özerk founded OpenPayd as a business-focused payments and banking platform.

A business-focused banking-as-a-service and payments infrastructure provider that helps companies, fintechs, and digital-asset businesses access banking, payment, and open-banking capabilities through an integrated platform.

• Banking-as-a-service · 2018

  Business banking and payments

  OpenPayd’s original business focused on banking and payment capabilities for companies. The platform is intended to give business customers access to financial infrastructure and payment networks without requiring them to build all of those connections themselves.

• Digital-asset financial infrastructure · 2020

  Digital-currency banking and payments

  Introduced in 2020, this service line was designed for digital-currency businesses seeking access to banking and payment networks. It extended OpenPayd’s business-finance proposition into the digital-asset sector.

• Open-banking infrastructure · 2022

  Open Banking

  OpenPayd began offering Open Banking services across the United Kingdom and Europe in 2022. The offering broadened the platform toward account-connected and API-enabled financial services.

• 2022

  Launch Open Banking services in the United Kingdom and EuropeProduct launch

  Background

  OpenPayd sought to broaden its banking-as-a-service and payments platform beyond its earlier business-payment and digital-currency focus.

  Action taken

  The company began offering Open Banking across the United Kingdom and Europe.

  Aftermath

  OpenPayd expanded its product scope into open-banking infrastructure and account-connected financial services.

  Source

• 2020

  Enter the digital-currency banking and payments segmentProduct launch

  Background

  OpenPayd had initially concentrated on payments and banking services for businesses. Digital-currency businesses required access to banking and payment networks, creating an adjacent market for the platform.

  Action taken

  The company launched banking and payment services for digital-currency businesses.

  Aftermath

  The move expanded OpenPayd’s target customer base into digital-asset businesses. Customers later identified in reference material included eToro, OKX, B2C2, and Bitfinex.

  Source

• 2020-03-26

  MatchMove-led consortium applies for Singapore digital banking license[2]MatchMove牵头的财团申请新加坡数字银行牌照crowdfundinsider.com

  Reported: 2020-03-26

  MatchMove partnered with Singapura Finance and two other firms in a consortium that filed an application for a full-service digital banking license in Singapore.

1. 1OpenPayden.wikipedia.org
2. 2MatchMove牵头的财团申请新加坡数字银行牌照crowdfundinsider.com