Orange joins CommSettle

Orange “Go To Market Strategy” Collaboration with Opt1mize

Opt1mize Technologies Limited is an Irish financial technology company headquartered in Dublin, regulated with the Financial Conduct Authority of the UK and the Bank of Lithuania for Europe.

Orange International Carriers (Orange IC) is the international Wholesale Division of Orange Group and a global provider for services in Security, Data, Mobile and Voice.

CommSettle has been selected by Orange IC for their “Go To Market Strategy” to interconnect with carriers within CommSettles safe trading environment where carriers have zero credit risk exposure for traffic exchanged.

The Wholesale Telecom Carrier market has suffered from many bad actors and credit defaults, such that both insurance and funding arrangements underwritten by financial institutions have become scarce and/or too expensive. The situation has intensified since the COVID pandemic with many more arrangements being pulled from the market.

In light of the historical and current market conditions and after a successful 6 month Proof of Concept period with Opt1mize, Orange IC has selected CommSettle for the following benefits:

• Interconnect with more carriers direct via the CommSettle platform to offer Orange IC Intense and Essential tariffs
• Aggregate more traffic to Orange networks and strategic relationships at a lower cost and higher quality, in turn improving the customer experience
• To outsource the onboarding process to Opt1mize who as part of their regulatory requirements with the FCA and Bank of Lithuania perform full Know Your Customer and Anti-Money Laundering checks on carrier companies and beneficial owners before onboarding in to CommSettle
• Quick and simple 1-click interconnection process encompassing both contractual and technical execution

For carriers wishing to interconnect with Orange IC via CommSettle to gain access to the connectivity of ALL of Orange global networks, attractive rates and highest quality, register here. (https://commsettle.net/register)

For Tier1 operators looking to secure payments for incoming traffic by interconnecting new carriers with the benefits above, and importantly without financial risk, email Opt1mize at dev@opt1mize.com.

Opt1mize Technologies launched the beta version of the CommSettle platform in June 2019 that enables Wholesale Telecom Carriers trading voice minutes and application to phone (A2P) SMS messages with Peer to Peer Real Time Settlement via integrated Bank Accounts in EUR and USD currencies, and is the only company to deliver this unique service to the telecom market.

Since its launch, CommSettle has settled over €0.6 Billion in transactions for Wholesale Telecom Carriers carrying over 3.9 Billion minutes.

The CommSettle platform is a carrier in a box solution, removing the friction of operating a carrier network with various devices and applications. Opt1mize Technologies will soon be launching its SMS settlement platform as well as further Peer to Peer solutions that enable the introduction of liquidity into supply chains through Telecom Receivable Funding.