Embedded finance · virtual IBANs · Malta · Canada
Embedded finance that hands every player their own IBAN, through regulated entities in Malta and Canada.
Give every player their own IBAN. That is the whole idea, and it changes the shape of the problem rather than optimising it: instead of matching a bulk deposit file against player accounts, each transfer arrives in an account that belongs to one person. Reconciliation stops being detective work.
The regulated structure is published entity by entity. OpenPayd Financial Services Malta Limited, company number C 75580, is authorised by the Malta Financial Services Authority as a Financial Institution. OpenPayd Canada, Inc. is registered with FINTRAC as a Money Services Business under M19528814. Which entity you contract with depends on where you are and which service you take — the group says so plainly, and it means the contract deserves a careful read.
The technology is rail-agnostic by design: one API covering fiat and digital assets, with stablecoins treated as another rail rather than a separate product. Payouts run in real time. What you will not find here is card acquiring, so this sits alongside a processor rather than replacing one.
The API carries tech to 7.6 on the single rail-agnostic API and real-time payouts, and iGaming fit 7.1 on two named regulated entities plus a dedicated gaming page. Compliance lands at 4.2 despite those licences, because no certification — PCI DSS, ISO 27001, SOC 2 — is published to sit alongside them.
Five weighted criteria, 1–10. A criterion whose key field the provider does not publish is capped at 6.9 rather than scored on a guess. How we score →
Europe, Malta, Canada and global.
Fiat plus stablecoins and digital assets, across dozens of currencies.
Compelling if reconciliation is eating your finance team, or if you want player funds visibly segregated. Not a replacement for acquiring. Ask which entity would hold your funds and what happens to the virtual IBANs if you leave — account portability is the thing nobody asks about until they need it.
A virtual IBAN is a unique account number that routes to a master account. Assigning one per player means every deposit identifies itself, which removes manual matching and makes segregation of player funds demonstrable to a regulator.
Through several entities. The Malta company (C 75580) is authorised by the MFSA as a Financial Institution; the Canadian company is a FINTRAC-registered Money Services Business, M19528814.
Yes — the platform treats fiat and digital assets, including stablecoins, through the same API rather than as separate products.
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