SPAYZ.io has announced that its Open Banking solution is under development to meet the growing demands of financial ecosystems.
SPAYZ.io, a global provider of advanced payment technologies, aids businesses in navigating complex international finance with ease through a commitment to innovation and continuous improvement.
Highlights from iFX Cyprus 2025
During the two-day event at iFX Cyprus 2025, SPAYZ.io’s team held over 55 business meetings with both new and existing clients and partners. These discussions provided valuable insights into changing market demands, particularly an increased need for Open Banking capabilities.
The upcoming Open Banking solution is expected to offer simplified, compliant, and customizable connectivity among financial institutions, banks, and service providers, reflecting SPAYZ.io’s dedication to practical and scalable infrastructure development.
Industry Trends at iFX
The iFX Cyprus conference also highlighted broader industry trends, with a significant presence from payment providers. Forex firms expressed growing interest in solutions specifically tailored for East Asia, notably Japan and the Republic of Korea.
With an expanding footprint in Europe, Asia, and Africa, SPAYZ.io enables businesses to gain quick access to payment services. The company’s mission centers on helping clients scale efficiently and compliantly across both mature and emerging markets.
SPAYZ.io’s Expanding Geo Network
In May 2025, SPAYZ.io began exploring key African markets as it sought to enhance its presence and seize new growth opportunities. The company’s team carried out comprehensive research that included analyzing regulatory frameworks, assessing market demands, and forming local partnerships.
As a result of these evaluations, plans were announced to integrate several new countries into SPAYZ.io’s geo network by the end of 2025. This expansion includes South Africa, where EFT Bank Transfers will be facilitated in key markets. Additionally, support for Mobile Money solutions was introduced in Egypt and Cameroon.
