OpenPayd, a provider of financial infrastructure for digital assets, has partnered with Altify, a tokenized private-market investing app, to simplify fiat currency deposits and withdrawals in EUR, GBP, and USD, as per the details shared with Finbold on Wednesday, December 3.
The integration will allow Altify’s 80,000 investors to deposit and withdraw funds via SEPA, Faster Payments, and SWIFT, making it easier to move money across traditional and digital markets. It will also ensure smoother cross-border transfers and a more consistent investing experience across all asset classes.
Infrastructure that lets users move between fiat and digital assets instantly
Altify’s platform lets users invest in tokenized real-world assets (RWAs) and digital assets through a single interface, including private credit, commodities, stocks, and crypto.
As the company expands, reducing friction in fiat-to-crypto transactions has become essential to preserving a smooth investing experience.
OpenPayd’s multi-currency infrastructure supports this shift by providing the compliance and operational efficiency needed to handle Altify’s high-volume global activity.
Sean Sanders, Chief Executive Officer at Altify, said:
“We built Altify to make private market investing as simple as buying public stocks. But you can’t have a seamless investment experience if moving money is a headache. OpenPayd solves that. They provide the infrastructure that lets our users move between fiat and digital assets instantly. It’s the kind of invisible efficiency that builds trust.”
Lux Thiagarajah, Chief Commercial Officer at OpenPayd, added:
“Altify is building the next-generation investing experience, and that requires financial infrastructure that keeps pace with user expectations. By consolidating EUR, GBP and USD flows into one unified environment, we’re giving Altify the speed and reliability needed to deliver a truly seamless investing experience – wherever their customers are.”
The collaboration is another example of the importance of interoperability between traditional and digital finance. With OpenPayd’s universal financial infrastructure, which connects domestic, international, and blockchain payment rails, Altify is well-positioned to serve investors across Europe and beyond who prefer depositing in local currencies while accessing USD-denominated opportunities.
Featured image via Shutterstock
