Sage Capital Management Bolsters Fiat Access with OpenPayd Partnership
Sage Capital Management has partnered with OpenPayd to expand its clients' access to fiat currencies. The integration adds USD, EUR, and GBP payment capabilities, including USD on/off-ramping via SWIFT, alongside SEPA and Faster Payments connectivity.
The partnership allows Sage Capital Management's institutional clients to move money seamlessly within a single platform, with fast settlement and enhanced technology capabilities. OpenPayd also provides virtual International Bank Account Numbers (vIBANs) for every client, supporting precise tracking of incoming and outgoing payments and simplifying reconciliation.
Lux Thiagarajah, Chief Commercial Officer at OpenPayd, stated that institutional access to digital assets depends on efficient fiat on/off-ramping. Nathan Sage, CEO at Sage Capital Management, emphasized the importance of providing clients with fast, flexible, secure, and seamless access to global banking networks.