← State of Embedded Finance 2026

Owlting

“Can OwlTing build a compliant, stablecoin-native cross-border payment infrastructure that competes with legacy remittance networks by combining USDC rails, Visa Direct, and multi-jurisdictional licensing?”

HQTaipei City, Taiwan (registered: Arlington, Virginia, USA)
Total raisedUS$10M+ (convertible facility up to US$50M)
Latest roundConvertible Security, April 2026
IndustryFintech / Cross-border payments
The story

Originally a blockchain services and B2B travel/e-commerce platform company, OwlTing pivoted toward becoming a global fintech and stablecoin payment infrastructure provider under its OwlPay brand. The company shifted from hospitality/e-commerce SaaS roots to cross-border B2B payments powered by Nium, then deepened into USDC/stablecoin rails via Circle and Visa Direct. It NASDAQ-listed in 2025-2026 under OBOOK Holdings Inc. (ticker OWLS) and is now positioning OwlPay as a remittance and stablecoin infrastructure platform targeting both B2B and consumer cross-border money movement globally.

Last 12 months
2026-04
2026-04
2026-02
Product timeline
2022
OwlPay launched as a real-time cross-border B2B payments service for e-commerce and travel platforms in Southeast Asia, powered by Nium.· payments
2025
OBOOK Holdings Inc. filed Form F-1 with the SEC for an IPO on NASDAQ under ticker OWLS.· ipo
2025
OwlTing selected Circle to boost its B2B cross-border payment service, integrating USDC stablecoin infrastructure.· banking
2026
OwlTing Group listed on NASDAQ as OWLS under operating brand OBOOK Holdings Inc.· ipo
2026
Expanded Visa collaboration to support Visa Direct within OwlPay, enabling U.S. debit card funding of USDC transactions.· payments
2026
Announced OwlPay Cash app for U.S. outbound remittances to Mexico, India, Colombia, Peru, and Argentina powered by Visa Direct.· payments
2026
Secured US$10M convertible security from The Lind Partners with up to US$50M total available, to fund OwlPay global expansion.· lending
Regulated entities
MTL
US (40 states)
OBOOK Holdings Inc. / OwlTing Group
MSB
US (FinCEN)
OBOOK Holdings Inc. / OwlTing Group
Electronic Payment Intermediary Service Provider (Bank API license)
Japan
OwlTing Group
VASP
EU (Poland)
OwlTing Group
The stack
Payments / PSP
Visa Direct
FX & payouts
NiumCircleVisa Direct
Crypto
Circle
Accounting gap: none