OpenPayd, a UK-based API-led banking-as-a-Service provider, announced on Tuesday the launch of its new FX-as-a-Service product, InstantFX. According to OpenPayd, InstantFX provides clients with real-time trading.
“Our unique platform provides the FX experience of the future, delivered via a world-class API built by developers, for developers, with speed and scalability at its heart.”
Founded in 2015, OpenPayd is a technology business that provides a range of banking and payment services. These are underpinned by a global network of licenses and are accessible through a single API.
“We are dedicated to improving access to and quality of the banking services available to businesses. We simplify payments and banking on a global basis and empower businesses to grow.”
OpenPayd also noted that it believes that all businesses should be able to access the “best payment and banking service.” it provides its services through what it thinks is a “simple, flexible, and scalable platform.”
“[A] single technical integration allows businesses to access a suite of services, including IBANs, e-money accounts, FX conversion, local and international payments, card processing and debit cards.”
OpenPayd is based in London with officers in Malta, Turkey, Bulgaria, Amsterdam, Singapore, Hong Kong and Brazil.