Wirex, a leading Web3 money app, has collaborated with OpenPayd, a prominent embedded finance and Banking-as-a-Service (BaaS) platform, to introduce named virtual IBANs to its customers across the UK and European Economic Area (EEA).

Through this partnership, Wirex customers in 30+ countries will gain access to Faster Payments network in the UK and SEPA Instant payments for Euro-denominated transactions.

OpenPayd's single API integration offers seamless transfer of EUR and GBP between Wirex and bank accounts, providing real-time payments and enhancing customer experience.

This move reflects Wirex's commitment to bridging the gap between traditional and digital economies, ensuring secure and accessible digital finance services for its global user base.