Funding
Funding not disclosed
Founders
Product
Problem
Licensed financial service providers (FSPs) often lack a compliant infrastructure for issuing user wallets and payment tokens that can handle both micro‑transactions and large transfers, especially across borders, while meeting regulatory requirements.
Solution
OpenRUN offers a Regulated User Network (RUN) that enables licensed businesses to create regulated user wallets and issue payment tokens for instant, low‑cost peer‑to‑peer payments. The network supports seamless cross‑border transfers with real‑time settlement and reduced exchange fees. It also provides a secure environment for tokenising real‑world assets, allowing fractional ownership, automated yield distribution, and collateralisation. An Open Sandbox subscription gives developers, regulators, and enterprises a compliant testing ground to experiment with the network before production deployment. The platform is designed to be collaboratively operated by licensed FSPs, ensuring regulatory oversight while delivering efficient payment infrastructure.
Target Audience
Primary customers are licensed financial service providers, fintech developers, and regulators seeking a compliant infrastructure for digital payments and asset tokenisation.
Features
- Regulated user wallet issuance and payment token creation for licensed FSPs
- Instant peer‑to‑peer payments covering micro‑transactions to large transfers
- Real‑time cross‑border settlement with reduced exchange costs
- Real‑world asset tokenisation with fractional ownership, daily yield, and automated collateralisation
- Open Sandbox subscription for secure, compliant testing by developers, regulators, and enterprises
- Collaborative network governance by licensed financial service providers