Orenda Finance announced today it has been selected to use Stripe’s new Beta APIs for Financial Accounts, allowing for a flexible payments system on a reputable platform. This will allow clients to reach further afield across borders in various industries, giving them the environment to easily expand their business reach by doing financial transactions between countries seamlessly.
By using Stripe, Orenda can now access the US markets to issue cards, accounts and use Stripe for receiving online payments in the UK, creating a faster and more extensive platform for clients than ever before.
“Orenda is continuously broadening our inventiveness and working on creating sustainable partnerships with forward-thinking companies, such as Stripe,” says Joshua Vittori, CEO at Orenda. “Teaming up with Stripe widens our global access to a bigger market across borders, and we are happy to exceed previous limitations and cross barriers with Stripe as our partner.”
“We’re seeing the need for embedded financial products and solutions increase around the globe,” said Simon Arscott, Head of Banking-as-a-Service at Stripe. “By using Stripe Issuing and Treasury APIs, Orenda Finance can easily build and offer financial services for their clients within their platform.”
The Benefits Include:
- With Stripe providing Orenda’s financial services infrastructure to build financial accounts and card programs, Orenda will have the fastest time-to-market for new financial services and solutions.
- Orenda can extend card issuing and transaction capabilities in the US while continuing to receive payments in the UK.
- Orenda will increase its portfolio by adding international clients with ease, increasing revenue, and making more financial products available to clients worldwide.
- Businesses across the US can now access a reliable and efficient payment platform to process payouts globally.
Orenda Finance is a one-stop embedded financial services ecosystem. They offer customisable embedded financial products and services that provide a whole host of benefits for our clients and their customers. They believe that FinTech should be accessible to all and are passionate about helping businesses around the world to leverage the power of FinTech. Clients use the Orenda Finance platform to build new revenue streams while enhancing customer journeys.
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