XBD Group and Freemarket Partner to Power Seamless Cross-Border Payments

05 March 2025, London, UK. Freemarket, a leading provider of cross-border payment and FX solutions, is pleased to announce its partnership with XBD, a Fiat and Digital Assets PSP offering digital asset acquiring and OTC trading solutions.  

As XBD continues to expand into new markets and verticals, seamless and efficient payment infrastructure is a critical enabler of growth. Through this partnership, XBD can now leverage Freemarket's local EUR SEPA and GBP FPS accounts, as well as dedicated virtual IBAN (vIBAN) facilities, to facilitate third-party payments for its corporate clients. This ensures faster transactions, access to local rails, and minimised settlement delays. 

"Partnering with Freemarket provided us with the payment infrastructure needed to scale efficiently. Their vIBAN solutions and local EUR SEPA and GBP FPS access have streamlined settlements, enhanced our offering, and supported corporate clients. Their seamless execution and reliability have been key to our market expansion, with a highly responsive team ensuring smooth onboarding and ongoing support."

Kreeson Thathiah, Group CFO, XBD Group 

With Freemarket’s trusted payment network and regulatory expertise, XBase is now positioned to diversify its product offering and scale its operations with confidence.

"We're delighted to partner with XBD Group and support their expansion. By providing dedicated vIBANs and access to local payment rails, we're helping them deliver seamless and efficient payment solutions to their corporate clients. Our goal is always to enable our partners to scale with confidence, and we look forward to supporting XBD's continued success."

Andy Lyons, Head of Sales & Relationship Management, Freemarket

 

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Notes to editors  

 

About XBD Group

XBD Group is transforming digital asset payments with a seamless, multi-licensed financial ecosystem that bridges commerce and merchant banking worldwide. We empower businesses with secure cross-border transaction capabilities and comprehensive merchant services within our one-stop financial ecosystem. 

 

About Freemarket

Freemarket is a tech-enabled, relationship-led payments provider, helping businesses move money seamlessly across their network and beyond. Our platform enables businesses to trade, pay, and receive with efficiency, unlocking new opportunities for growth.

With a trusted network of banking, NBFI and fintech providers, Freemarket provides secure, borderless payment solutions designed to help businesses scale, save, and succeed.