Breaking News
Archax and OpenPayd Partner to Streamline Multi-Currency Settlement for Digital Asset Trading
Archax, the first FCA-regulated digital asset exchange, broker and custodian, has announced a partnership with OpenPayd, a leading provider of financial infrastructure, to streamline fiat settlement across its global trading operations. The partnership addresses a critical bottleneck for digital asset markets as institutional participation grows and settlement workflows require greater operational resilience at scale.
Archax will use OpenPayd’s regulated financial infrastructure to facilitate instant GBP, EUR and USD fiat settlement, with flows moving primarily between Archax and its network of institutional liquidity partners. The shared environment reduces settlement friction, accelerates reconciliation and enhances operational synergies across the institutional digital asset trading ecosystem. The platform also supports withdrawal and settlement activity for Archax’s clients.
OpenPayd’s account structure provides Archax with a unified, compliant treasury environment for managing multi-currency flows across its core fiat currencies. This centralised model reduces operational complexity, shortens settlement cycles with liquidity partners, and improves visibility and reconciliation across multi-currency fiat flows – capabilities that are increasingly vital for institutional participants executing sophisticated digital asset trading strategies.
Graham Rodford, CEO and co-founder of Archax, commented: “As the adoption of digital assets by institutions continues to grow and scale, it is vital to have credible, streamlined, efficient fiat payment and settlement rails in place to support them – as well as to explore new innovations like stablecoins and digital cash. This partnership with OpenPayd does just that. We are pleased to be working with them to leverage their proven infrastructure and deliver further on our vision.”
Iana Dimitrova, CEO at OpenPayd, adds: “Archax has built one of the most credible institutional platforms in digital assets, combining regulatory clarity with deep liquidity. By supporting their multi-currency settlement infrastructure, we’re eliminating friction in the fiat-to-crypto interface, where many institutional players still face operational headaches. Together, we’re helping make institutional digital asset trading more reliable and operationally seamless.”
- EXCLUSIVE: “Islands in the Real-Time Sun” – George Thomas, Sagicor Bank in ‘The Paytech Magazine’ Read more
- The Dawn of Agentic Payments: How AI is Rewiring Global B2B Commerce Read more
- What Sport or Team Would You Sponsor? Read more
- Pay360 2026: How Many Pay360 Events Have You Attended? Read more
- AutoRek & Microsoft: Why Reconciliation Is Becoming Critical Read more
Liberate Surpasses $100B in Premiums Processed Through the Industry’s First ‘System of Action for Insurance’
Liberate, the AI company purpose-built for insurance now processes premium volume exceeding $100B on behalf of insurers
TrueLayer Appoints Stefano De Lollis as Head of Ecommerce to Accelerate European Growth
TrueLayer, Europe’s fastest growing payments network, today announced the appointment of Stefano De Lollis as head of ecommerce, as the company accelerates adoption of Pay by Bank across leading online merchants and marketplaces.
Adflex and SAP Taulia Join Forces to Accelerate Virtual Card Payments
Digital business payments specialist Adflex today announced a strategic partnership with SAP Taulia, a global fintech leader in working capital solutions. By integrating Adflex STP (Straight-Through-Processing), SAP Taulia can offer virtual card automation for suppliers, removing manual processes and reducing PCI-DSS scope.
COINPAYMENTS Accelerates APAC Expansion with OSL Group Partnership
COINPAYMENTS, a global leader in cryptocurrency payment processing, today announces a partnership with OSL Group (863.HK), Asia’s leading stablecoin trading and payment platform, as part of its strategic expansion in the region.
BNP Paribas Expands its Stock Exchange Offering to Crypto-asset ETNs
BNP Paribas' exchange offering already provides access to a wide range of investment products: stocks, bonds, ETFs, SCPIs, and structured products. To meet the interest of certain investors in the crypto-asset market, the bank is expanding its offering to 6 new ETNs that can be accessed through a securities account and in an autonomous manner. These crypto-asset-backed products are now available for subscription under the MIFID2 regulation, which ensures investor protection.
Investec Deepens Financials and Fintech Research Expertise with Senior Appointment
Investec Bank plc, a leading international financial services provider, today announces the appointment of Vivek Raja to its London Research team. Vivek will focus on UK financial services businesses, further building Investec’s research capability across Financials and Fintech, where clients value differentiated insight, deep sector knowledge and high-quality coverage.
Rhinebeck Bank Partners with MANTL to Accelerate Digital Account Opening
MANTL, an Alkami solution team and leading provider of loan and deposit account opening technology, today announced a partnership with Rhinebeck Bank to modernize and transform business and retail account opening across physical and digital banking channels. With MANTL, Rhinebeck Bank will reduce friction, expand its digital reach, and better serve a broader range of businesses and consumers through a secure, seamless experience designed for today's digital-first customers.
EXCLUSIVE: “Islands in the Real-Time Sun” – George Thomas, Sagicor Bank in ‘The Paytech Magazine’
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
The Dawn of Agentic Payments: How AI is Rewiring Global B2B Commerce
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
What Sport or Team Would You Sponsor?
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Pay360 2026: How Many Pay360 Events Have You Attended?
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
AutoRek & Microsoft: Why Reconciliation Is Becoming Critical
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Liberate Surpasses $100B in Premiums Processed Through the Industry’s First ‘System of Action for Insurance’
Liberate, the AI company purpose-built for insurance now processes premium volume exceeding $100B on behalf of insurers
From Pocket Money to Pensions: Monzo Tops 15m Customers Including 1m Under 16s as It Supports Customers Through Every Stage of Their Financial Lives
Monzo has surpassed 15 million customers, as it supports them across a growing range of demographics and needs