Driving Innovation in Fintech: Orangepill’s Latest Updates and Insights

Discover how Orangepill is shaping the future of fintech! From empowering financial services through WhatsApp to integrating stablecoins into traditional banking cores, our November newsletter highlights key partnerships, innovative updates, and groundbreaking use cases.

Let’s dive into the latest advancements we’ve made to revolutionize the way businesses and users interact with financial technology.

News and Partnerships

Orangepill Colombia joins Colombia Fintech

Orangepill is pleased to announce that our Colombian office has joined Colombia Fintech, the most important fintech organization in the country. This membership allows us to collaborate with industry leaders and contribute to the advancement of financial technology in Colombia. Joining Colombia Fintech reinforces our commitment to innovation and expanding our presence in the Latin American market.

ImagineCX partnership: Top-class conversational solutions

Orangepill announces a partnership with ImagineCX to develop high-quality conversational solutions. Both companies are part of the Infobip partners family, bringing together strengths in fintech innovation and customer experience design. This collaboration aims to combine Orangepill's versatile SaaS solution and expertise in financial technology with ImagineCX's skill in crafting effective customer interactions.

Axon partnership: Stablecoins in Banking core

We are happy to announce a partnership with Axon to enhance their banking core product, Netbank, by adding support for stablecoins. As traditional banking systems recognize the growing importance of stablecoins, integrating them into core products has become a significant trend. With the Orangepill platform supporting 11 blockchain infrastructures and offering seamless integration for cryptocurrencies and stablecoins, is is the perfect solution for Axon to implement this advancement.

B3G partnership: Digital banking and Mobile money solutions

B3G will leverage the Orangepill SaaS platform to expand backend technological possibilities for their current and new product portfolio within their comprehensive digital banking and mobile money solutions. This collaboration aims to enhance B3G's offerings by integrating Orangepill's advanced fintech capabilities, enabling them to provide more robust and flexible services to their clients.

USDT deposits in FunaCash’s WhatsApp wallet

Orangepill announces that FunaCash, a WhatsApp-based wallet for users in Zambia and Zimbabwe built on the Orangepill platform, now supports USDT deposits. With this addition, FunaCash can accept deposits globally, enhancing accessibility for users worldwide.

Orangepill platform updates

On-ramp payments processing for high-risk industry

We are introducing a new on-ramp payment processing solution for high-risk industries on Orangepill Payments, featuring settlement in USDT. This update allows businesses in challenging sectors to process payments securely and efficiently. Orangepill Payments is the comprehensive payments orchestration module of the Orangepill platform, designed to streamline payment processes across various industries.

M-Pesa integration: Mobile money in Kenya

Integration with M-Pesa is now part of the Orangepill core platform, expanding our ecosystem to support cash-in and cash-out of wallets using mobile money in Kenya. This feature is also available through WhatsApp, allowing users to conduct payment flows with M-Pesa without leaving the chat.

Advanced WhatsApp Experience

We have extended our support for WhatsApp by incorporating the latest features from Meta, enabling our customers to build rich commerce flows, display catalogs, and securely store sensitive data. This advancement allows businesses to create more engaging and secure conversational experiences without leaving the chat platform. Our partnership with Infobip establishes us as the most complete fintech platform for conversational experiences.

Use cases

WhatsApp based solution for Financial Service Providers

We introduce comprehensive solution that combines the Orangepill and Infobip platforms to enable WhatsApp-based onboarding with KYC, messaging, and payments for credit, microcredit, and investment companies. This solution allows financial institutions to streamline customer onboarding by facilitating KYC verification directly within WhatsApp. It also supports secure messaging and payment transactions, making it easier for companies to offer loans and investment services without requiring customers to switch platforms. This solution aims to enhance user convenience and improve operational efficiency for financial service providers.

Digital Bank in WhatsApp

Leveraging the combined capabilities of Orangepill and Infobip, we can deploy a digital banking solution that operates entirely within WhatsApp, providing users with seamless access to financial services through a familiar platform. This integration allows customers to perform transactions, manage accounts, and communicate with their financial institutions without the need to switch applications.

Our clients, such as SalvadorSV and FunaCash, have successfully implemented this technology to enhance their service offerings. By utilizing WhatsApp's extensive reach, they are enabling users to access banking services more conveniently. This innovative approach simplifies the user experience and extends the accessibility of financial services to a broader audience.

Stablecoins support for Banking cores

Integrating stablecoin support into traditional banking cores is becoming increasingly significant as the financial industry embraces digital assets. The Orangepill SaaS platform offers robust support for Web3 technologies, enabling banks to seamlessly extend their existing systems to handle stablecoins. Key features like custodial services allow banks to securely manage digital assets for their customers without the need for clients to handle private keys. Additionally, automatic gas handling simplifies blockchain transactions by managing network fees behind the scenes, ensuring efficient and cost-effective operations.

By leveraging these capabilities, banks can incorporate stablecoin transactions and settlements into their services, bridging the gap between conventional finance and the evolving digital economy. This integration not only enhances the functionality of traditional banking cores but also positions financial institutions to meet the growing demand for digital asset services.

Non-regulated Wallets for Retail industry

Retailers are increasingly seeking innovative ways to enhance customer loyalty and engagement without the complexities of financial regulations. By utilizing the Orangepill platform's virtual currency features, they can build non-regulated, pre-paid wallets that serve as a strong foundation for loyalty programs. This approach mirrors the success of companies like Starbucks, which has effectively used its own wallet system to foster customer retention and streamline transactions.

With Orangepill, retailers can create wallets that operate outside the purview of stringent financial regulations, eliminating the need for a banking license. This empowers businesses to offer seamless payment experiences, incentivize repeat purchases, and gain valuable insights into consumer behavior—all within a compliant and efficient framework.

Stay ahead in the fintech world! Explore these insights and see how Orangepill is enabling seamless, innovative, and accessible solutions for businesses globally.

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