Poland’s crypto and digital asset market is growing fast, and Virtual Asset Service Providers (VASPs) need trusted, efficient open banking partners who can handle compliance, payments, and security. Choosing the right open banking provider can make all the difference in streamlining operations while staying compliant in 2025.

What should Polish VASPs look for in an open banking provider?

For VASPs, open banking isn’t just about speed. It’s about trust, compliance, and adaptability. Here are the key things to consider:

Regulatory alignment

VASPs operate in a highly regulated space. Providers must comply with EU PSD2 rules and support secure APIs. Strong KYC and AML compatibility is crucial, especially as regulators in Poland step up enforcement.

Seamless payments

Crypto exchanges and custodial services rely on frictionless transfers. Look for providers offering instant payments, wide Polish bank coverage, and multi-currency support to handle both local and cross-border flows.

Developer-friendly integration

VASPs often need to build custom flows. An open banking provider with strong APIs, clear documentation, and sandbox environments helps reduce headaches for tech teams.

Security and trust

End-to-end encryption, fraud detection, and real-time monitoring are non-negotiables. VASPs deal with sensitive data, so the provider must demonstrate proven security certifications and a solid reputation.

Scalability

As volumes grow, VASPs need partners who can scale without disruptions. Whether it’s handling higher transaction loads or expanding across borders, the right provider should grow alongside your business.

Best Open Banking Providers for Polish VASPs in 2025

Ivy

Ivy delivers compliant, crypto‑native payments and banking infrastructure designed for businesses that need to move money at internet speed. With instant account‑to‑account (A2A) fiat deposits and withdrawals, Ivy eliminates intermediaries, thus reducing fraud risk and improving margins.

Powered by a resilient API network and smart routing, Ivy connects to over 5,000 banks, with a smart routing engine that guarantees industry-leading conversion rates. It supports settlements in both fiat and stablecoins like USDC, backed by licenses as a regulated Payment Institution and Virtual Asset Service Provider (VASP).

For Polish VASPs, Ivy’s localized IBANs across multiple jurisdictions simplify reconciliation, ensure compliance, and help tackle IBAN discrimination.

Trusted by industry leaders — including Kraken, which chose Ivy for real‑time bank payments in Europe — Ivy has a proven track record in speed, security, and regulatory strength.

Yapily

Yapily offers a solid open banking route for crypto firms, blending payments and data through one slick API. It supports instant wallet top-ups, streamlined onboarding with SCA‑approved payment flows, and enhanced KYC by pulling bank data directly to reduce fraud. With integration into over 2,000 banks across 19 countries, it’s a dependable option for European operations.

Volt

Volt delivers real-time bank‑direct payments tailored for crypto platforms, enabling lightning‑fast fiat deposits and withdrawals across Europe, the UK, and Brazil, all via one seamless integration. It offers instant settlements, improved user loyalty through speedy withdrawals, and better conversion thanks to simplified on‑ and off‑ramp flows. 

Plaid

Plaid brings a trusted and developer‑friendly API platform that covers the basics for crypto on‑ramps. It helps teams enable secure account linking, instant bank authentication, and bank‑funded account top‑ups—all through a single integration. Developers benefit from tools like identity verification, real‑time balance checks, and fraud risk screening, plus vast coverage with access to over 12,000 institutions across Europe and beyond.

Token

Token delivers robust account-to-account (A2A) payment infrastructure for crypto exchanges, enabling instant fiat deposits and withdrawals via "Pay by Bank" rails, i.e., a seamless on- and off-ramp powered by direct connection to bank accounts. As a fully regulated Payment Initiation Service Provider (PISP) and Account Information Service Provider (AISP), authorized by the FCA in the UK and BaFin in Germany, Token brings security and compliance to the table. 

FAQs

How do I know if an open banking provider is crypto-friendly?

To find out if an open banking provider is crypto-friendly, check whether they have direct experience with VASPs, mention crypto use cases, or highlight features like fiat-to-crypto onramps. Ivy is a good example of a provider tailored for crypto businesses.

Is local bank coverage in Poland really that important?

Yes, local bank coverage in Poland is very important. Even if you plan to scale internationally, having strong local connections ensures smooth PLN transfers. Poor local coverage can frustrate customers and cause delays in onboarding.

What’s the difference between a generalist open banking provider and a crypto-focused one like Ivy?

Generalist providers excel at account connectivity and broad coverage, but they don’t usually optimize for crypto-specific needs. A crypto-focused provider understands AML, onramps, and exchange settlement challenges.

How do Polish VASPs balance cost with compliance when picking a provider?

It’s tempting to pick based on fees alone, but compliance features like AML checks and fraud monitoring save money long term. Paying slightly more for a provider with strong compliance tooling often prevents costly regulatory issues.