OpenPayd
OpenPayd is a UK (outside the EU/EEA) fintech-infrastructure provider (IBAN sponsor, BaaS, Cross-border payments / FX). Verified at source - licence, regulator and registry reference. Active
Who it's for
OpenPayd is built for products that need customer accounts and IBANs issued under the provider's licence. It holds its own e-money licence, so programmes can run under its umbrella with safeguarded client funds. Verified stand-outs: local IBANs in GB, NL, FR, MT.
Sovereignty profile
- Data residency (EEA): Partial - partly in the EEA - check the rail
- Company origin: UK (UK / Malta)
- Local IBANs: GB; NL; FR; MT
- Client funds: safeguarded (segregated at a credit institution) - ring-fenced from creditors, not deposit-guaranteed
What OpenPayd does
Capabilities & rails
- 🛤️ Payment rails (documented): SCT · SCT Inst · SDD Core · FPS · Bacs · CHAPS · SWIFT
- Account model: Virtual · Named virtual
- Account currencies: EUR; GBP; USD
Verified licence profile
OpenPayd (UK + Malta) - banking-as-a-service / IBAN-as-a-service: unlimited virtual IBANs, accounts, FX and stablecoins; ~EUR 120bn/yr processed. FCA EMI (UK) + Malta EMI (OpenPayd Financial Services Malta, EEA).
Verified 2026-07-19. How we verify → · Spotted something out of date? Report a correction. · Are you OpenPayd? Work with us →
Official register entries
- E-money institution (EMI) - Malta Financial Services Authority · Ref C 75580 · Active (EBA PSD2 register, as of 2026-07-18)
Register-sourced. See the full European Fintech Index. Registers have no legal significance - always confirm current status with the home regulator.
European alternatives to OpenPayd
🏦 Local IBANs: GB DE LU
Banking Circle S.A. (Luxembourg) - cross-border banking, accounts, payments and settlement for banks, PSPs and fintechs; issues the EURI euro stablecoin. Credit institution, CSSF (LUB00000408); not the unrelated 'Circle Group S.A.'.
🏦 Local IBANs: CY
ECOMMBX (Cyprus) - business IBAN accounts in the company's own name, cross-border payments, cards, acquiring and multi-currency (ECOMMVERSE platform). Cypriot EMI (Central Bank of Cyprus).
🏦 Local IBANs: LT
Genome (UAB Maneuver, Lithuania; since 2018) - LT IBANs, accounts and cards. EMI LB000453 (Bank of Lithuania).
🏦 Local IBANs: LT
UAB NexPay (reg 304708124) - EMI, Bank of Lithuania; dedicated IBANs + payments for digital businesses; passported across 30 EEA; SEPA (SCT/Inst) + SWIFT (BIC NEUALT21). Also crypto OTC (Nexdesk).
🏦 Local IBANs: LT
Paysera (Lithuania; since 2012) - LT IBANs, SEPA, multi-currency accounts and cards. EMI LB000251 (Bank of Lithuania).
🏦 Local IBANs: LT
Bankera (Lithuania) - business and personal banking (LT IBANs, SEPA/SWIFT, cards) operated via UAB Pervesk (EMI, Bank of Lithuania). Earlier 2017-18 ICO-funded history.
FAQ
Is OpenPayd European / EEA-based?
Partly. OpenPayd is UK origin (UK / Malta); part of its rail or data sits outside the EEA - check the licence profile.
What does OpenPayd do?
OpenPayd covers: IBAN sponsor, BaaS, Cross-border payments / FX. Verified at source by Fintechnologica.