LONDON, TALLINN, Estonia and GIBRALTAR — May 28, 2026
Executive Summary
Orbital has selected Banking Circle S.A. to expand its stablecoin and multi-currency payment infrastructure capabilities across the Nordic, Central European, Swiss and Australian markets. The relationship strengthens Orbital’s ability to provide client-named virtual IBANs, expanded settlement corridors, enhanced treasury operations, and integrated fiat and stablecoin payment workflows for enterprise customers. According to the company, the partnership supports more efficient settlement operations, broader currency access, improved transparency, and scalable payment infrastructure across regulated international payment rails.
Announcement Overview
Orbital, a global payment orchestration platform across stablecoin and traditional payment rails, announced a new relationship with Banking Circle S.A., a Luxembourg-regulated credit institution authorised by the Commission de Surveillance du Secteur Financier (CSSF). The relationship expands Orbital’s payment infrastructure with new currency corridors, client-named virtual IBAN capabilities, and regulated multi-currency settlement infrastructure.
The partnership enables Orbital clients to access DKK, SEK and HUF client-named virtual IBANs with third-party payment rail functionality, with CHF and AUD expected to follow. According to the company, the relationship supports more efficient treasury operations, improved straight-through processing, greater counterparty transparency, and enhanced integration between fiat, FX and stablecoin workflows through a unified enterprise payment interface.
Key Announcement Details
- Announcement Type: Strategic payment infrastructure partnership
- Companies Involved: Orbital and Banking Circle S.A.
- Announcement Date: May 28, 2026
- Primary Focus: Expansion of stablecoin and multi-currency payment capabilities
- New Infrastructure Capabilities: Client-named virtual IBANs and multi-currency settlement
- New Currency Corridors: DKK, SEK and HUF
- Upcoming Currency Support: CHF and AUD
- Operational Scope: Treasury operations, settlement efficiency and payment orchestration
- Payment Capabilities: Fiat, FX and stablecoin transaction workflows
- Infrastructure Support: Third-party local and international payment rails
- Target Markets: Nordic, Central European, Swiss and Australian markets
- Regulatory Framework: Subject to licensing, regulatory permissions and local legal requirements
- Core Client Benefit: Client-named settlement and enhanced counterparty transparency
- Banking Infrastructure Provider: Banking Circle S.A.
- Banking Circle Regulatory Status: Luxembourg credit institution regulated by the CSSF
- Platform Integration: Unified interface for fiat, FX and stablecoin flows
- Treasury Benefits: Improved reconciliation, transparency and straight-through processing
- Existing Orbital Infrastructure: EUR, GBP and USD settlement capabilities
- Enterprise Focus: Cross-border treasury and payment operations
- Infrastructure Objective: Scalable regulated payment and settlement operations
Orbital Selects Banking Circle to Expand Stablecoin and Multi-Currency Payment Capabilities
Orbital announced that it has selected Banking Circle S.A. to strengthen its payment infrastructure capabilities across regulated international markets.
According to the company, the relationship extends access to:
- Client-named multi-currency settlement
- New currency corridors
- Regulated payment infrastructure
- Improved treasury operations
- Enhanced settlement capabilities
- Third-party payment rail access
The expanded infrastructure capabilities are intended to support enterprise customers operating across:
- Nordic markets
- Central European markets
- Swiss markets
- Australian markets
The company stated that the rollout remains subject to:
- Applicable licensing requirements
- Regulatory permissions
- Local legal requirements
New Client-Named Virtual IBAN Capabilities
According to the announcement, enterprises expanding internationally have often faced operational constraints associated with:
- Pooled virtual account structures
- Limited third-party payment capabilities
- Multiple banking relationships
- Fragmented treasury operations
- FX management inefficiencies
- Complex regulatory reporting obligations
Orbital stated that these operational limitations can create reconciliation challenges for treasury teams while reducing visibility across incoming payment flows and counterparty settlements.
Through the Banking Circle relationship, Orbital now offers:
- Client-named virtual IBANs in DKK
- Client-named virtual IBANs in SEK
- Client-named virtual IBANs in HUF
- Third-party local payment rail functionality
- Enhanced settlement infrastructure
The company also confirmed that:
- CHF support is expected to follow
- AUD support is expected to follow
According to Orbital, clients can now:
- Hold funds under their own name
- Settle transactions under their own name
- Transact without pooled omnibus wallet structures
- Improve counterparty transparency
- Enhance straight-through processing efficiency
The company stated that the expanded corridors further diversify Orbital’s existing:
- EUR infrastructure
- GBP infrastructure
- USD infrastructure
Company Commentary
Chris Mason, Chief Executive Officer at Orbital, said enterprises are increasingly prioritising broader multi-currency treasury and settlement capabilities beyond traditional global reserve currencies.
“Enterprises are increasingly thinking in multi-currency terms – not just euro, sterling and dollars, but also Nordic, Central European and Asia-Pacific currencies. They want to hold and settle in those currencies under their own name, not via pooled wallets or opaque structures, and they need those accounts to plug directly into their existing treasury, FX and stablecoin workflows.”
Mason stated that Banking Circle’s infrastructure capabilities aligned with Orbital’s objective of supporting enterprise-grade treasury and payment operations across regulated international markets.
“We chose Banking Circle because it gives our clients exactly that: client-named IBANs, safeguarding, and access to key European and international payment schemes in some of the less accessible currencies. Combined with Orbital’s platform, businesses can route fiat, FX and stablecoin flows through a single interface while meeting the high standards expected by their finance and compliance teams.”
Banking Circle Infrastructure and Payment Rail Capabilities
According to the announcement, Banking Circle S.A. is providing Orbital with:
- Safeguarding of client funds
- Third-party payment capabilities
- Local payment rail access
- International payment rail access
- Multi-currency account infrastructure
- Client-named virtual IBAN infrastructure
The relationship also enables Orbital clients to leverage:
- European clearing scheme access
- Regulated international clearing scheme access
- Integrated treasury workflows
- Unified payment infrastructure
- Cross-border settlement capabilities
Orbital stated that the partnership supports enterprise clients seeking consolidated payment and treasury infrastructure through a single operational platform.
Banking Circle Executive Commentary
Nischa Us-Moynihan, Chief Sales Officer at Banking Circle, said businesses increasingly require scalable infrastructure supporting both fiat and stablecoin payment operations across multiple jurisdictions.
“As businesses scale across markets and rails, they need infrastructure that keeps up. Working with Orbital brings together client-named multi-currency accounts and access to clearing schemes with a platform designed for both fiat and stablecoin flows – enabling simpler, more transparent treasury and payment operations across Europe, Australia and key global markets in line with applicable regulatory frameworks, including financial services and digital asset regulations.”
According to Banking Circle, the relationship supports transparent treasury infrastructure while strengthening enterprise access to regulated payment and settlement operations.
Expanded Multi-Currency Settlement Infrastructure
Orbital stated that the Banking Circle relationship expands the regulated settlement infrastructure underpinning the Orbital platform.
Key infrastructure capabilities include:
- Client-named account structures
- Regulated payment rails
- Integrated FX workflows
- Stablecoin interoperability
- Treasury management capabilities
- Cross-border settlement functionality
- Payment orchestration infrastructure
- Multi-jurisdictional operational support
The company stated that the infrastructure expansion supports enterprise customers seeking integrated payment operations across both digital asset and traditional financial systems.
Stablecoin and Traditional Payment Integration
Orbital stated that its platform is designed to unify:
- Stablecoin payments
- Traditional fiat payments
- FX operations
- Treasury infrastructure
- Settlement operations
- Cross-border payment capabilities
According to the company, enterprise clients can manage:
- Pay-ins
- Payouts
- Currency exchange operations
- Stablecoin transactions
- Traditional currency settlement
- Treasury workflows
through a single operational interface.
The company stated that the platform supports:
- Major stablecoins
- Traditional global currencies
- More than 80 exotic currencies
Regulatory and Compliance Framework
Orbital stated that service availability remains subject to:
- Jurisdictional limitations
- Regulatory approvals
- Compliance requirements
- Licensing conditions
- Execution of definitive service agreements
The company also noted that the information provided in the announcement does not constitute:
- Financial advice
- Investment advice
- Digital asset recommendations
Orbital further stated that cryptocurrencies and stablecoins remain subject to market, regulatory and issuer-related risks.
According to the company, Orbital operates through a multi-jurisdictional regulatory structure that includes regulated entities and authorisations across:
- United Kingdom
- Gibraltar
- Estonia
- Switzerland
The company stated that its compliance framework includes adherence to:
- SOC 2 Type 2
- ISO 27001:2022
- CSA TPC
- Cyber Essentials Plus
About Orbital Group
Orbital group is a global payment orchestration platform focused on stablecoin and traditional payment infrastructure for enterprise businesses.
Founded in 2017, Orbital provides:
- Named virtual IBANs
- Stablecoin wallets
- Cross-border payment infrastructure
- Pay-in and payout capabilities
- FX operations
- Traditional currency settlement
- Stablecoin payment operations
The company supports transactions across:
- Major stablecoins
- Traditional currencies
- More than 80 exotic currencies
Orbital operates through a multi-jurisdictional licensing framework across regulated financial and digital asset service entities.
About Banking Circle
Banking Circle S.A. is a Luxembourg-headquartered credit institution regulated by the Commission de Surveillance du Secteur Financier (CSSF).
The company maintains branches across:
- Denmark
- Sweden
- Germany
- Norway
- Poland
- Czech Republic
- United Kingdom
Banking Circle also maintains subsidiaries in:
- Liechtenstein
- Singapore
- Australia
According to the company, Banking Circle provides:
- Multi-currency banking accounts
- Virtual IBAN infrastructure
- Cross-border payment capabilities
- Local clearing access
- International payment connectivity
- Correspondent banking infrastructure
The company stated that its infrastructure is designed to support scalable and cost-effective cross-border financial operations for financial institutions and payment companies.
Media Contact
For additional information, visit getorbital.com.
Source Attribution
Source: Company announcement
