London, United Kingdom, November 24th, 2025, Chainwire
VALR is one of the largest global crypto exchanges. It has picked OpenPayd to run its fiat money in many currencies. OpenPayd will also power the tools VALR users rely on to move money in and out of crypto around the world.
OpenPayd is a leading provider of financial infrastructure. In plain terms, it builds the pipes that move money between banks and businesses.
What the Deal Adds
With this deal, VALR customers can now fund their accounts in euros, pound sterling, and US dollars. Funds flow through OpenPayd’s own virtual IBANs and its wide global payment network.
OpenPayd gives access to:
- SEPA and SEPA Instant
- Faster Payments
- USD on/off-ramping via SWIFT
This makes it easy to settle trades with large global liquidity providers. One of them is stablecoin issuer Circle. The move follows the recent OpenPayd–Circle deal. That deal links fiat money and stablecoins for VALR’s global settlement work. (Circle has also been busy on other fronts, such as its Arc public testnet launch.)
One System Instead of Many Banks
Most exchanges need many bank partners in many countries to handle fiat money. With OpenPayd, VALR can bring all of this into one place. EUR SEPA rails, GBP Faster Payments, and USD SWIFT now sit side by side.
That cuts down on complexity. It also keeps every customer and treasury flow running in a steady, reliable way.
For VALR’s own team, dedicated virtual IBANs make it far easier to match payments and lets much of the work run on its own. For VALR’s customers, it means faster deposits and more reliable withdrawals.
Why Fiat Links Matter for Exchanges
The deal shows a growing need among crypto exchanges for strong links to regular money. This matters most for the US dollar. Market makers, big trading firms, and major stablecoin issuers still prefer to settle in USD.
VALR now pairs global USD settlement with local money rails for customer deposits. This lets it serve users at home and abroad with more speed, openness and consistency. For a wider view of the market, see our guide to the best crypto exchanges.
What the Leaders Said
Farzam Ehsani, Co-Founder and CEO at VALR, stated, “At VALR, we believe that sending and receiving money should be as easy as it is with a text message. By integrating OpenPayd’s world-class multi-currency fiat infrastructure, we are removing yet another barrier that has historically divided people by geography, currency, or economic status.
More than a technical upgrade, this is a meaningful step toward building a truly inclusive financial ecosystem that reflects the oneness of humanity and enables more and more people to participate fully in the global economy.”
Lux Thiagarajah, Chief Commercial Officer at OpenPayd, commented, “VALR is setting a new benchmark for what a world-class crypto exchange looks like, scaling faster and more strategically than most in the market. Crypto exchanges with global ambitions need a unified financial infrastructure that matches the speed and scale of digital assets.
By consolidating USD SWIFT, EUR SEPA and GBP Faster Payments into one operational layer, we’re removing complexity and enabling VALR to move fiat and digital assets instantly and securely worldwide. OpenPayd is proud to power the financial infrastructure behind their next phase of global growth.”
Meeting Rising Demands
The deal comes as crypto platforms face rising demands. Users want faster ways to move fiat money. They also want clear settlement and global operations that follow the rules.
OpenPayd works with many payment rails. This gives VALR one simple door into local and global payment networks. It all runs in a fully regulated setup built for fast-growing crypto firms.
The result is a better customer experience and smoother cash flow for trading. It solves the first and last step of fiat access that every trade between crypto and regular money depends on.
About VALR
VALR was founded in 2018 and is based in Johannesburg. Its backers include Pantera Capital, Coinbase Ventures and Fidelity’s F-Prime Capital.
VALR is a global crypto exchange with a full set of products, such as:
- Spot Trading and Spot Margin
- Perpetual Futures
- Staking, Lending and Borrowing
- OTC services
- VALR Invest and VALR Pay
VALR is licensed by South Africa’s FSCA. It also has regulatory approval in Europe. It serves over 1.5 million users and 1,800 corporate and institutional clients worldwide.
The exchange works toward a just financial future that respects human dignity and the unity of mankind. For more information, visit valr.com
About OpenPayd
OpenPayd is building the universal money system for the digital economy. Its platform works with many payment rails. Through a single, powerful API, it lets firms move and manage money around the world, in both fiat and digital assets.
OpenPayd provides:
- embedded finance tools
- FX
- local and cross-border payments
- Open Banking
- stablecoin on/off ramps
Together, these join old-style finance and digital assets. OpenPayd has one of the largest banking networks in the market. It lets money move in real time, everywhere.
Global brands such as eToro, Kraken, OKX, and B2C2 trust OpenPayd. It handles more than €130 billion a year for over 800 businesses. OpenPayd is the base layer for the next wave of financial services.
To learn more, visit www.openpayd.com or email press@openpayd.com
Contact
OpenPayd
press@openpayd.com
This is a press release / sponsored content. Read our Sponsored Content Policy. This article is not intended as financial advice. Educational purposes only.
