OpenPayd eyes more acquisitions as it targets year-end Nasdaq listing and U.S. launch
The London-based payments infrastructure firm reported $73 million in revenue and $13 million in EBITDA as it seeks capital for U.S. expansion.
- OpenPayd targets completing its Titan Acquisition Corp. merger by the end of 2026, positioning the London-based firm for a Nasdaq listing. The company plans to leverage the public-market entry to fund U.S. expansion and potential acquisitions.
- The proposed business combination remains subject to conditions including Titan shareholder approval, SEC registration statement effectiveness, and at least $130 million in aggregate transaction proceeds. Titan cannot close the merger until these requirements are satisfied.
- OpenPayd reported fiscal 2026 revenue of $73 million, up from $57 million the previous year. Last month, the firm integrated MSB USA Inc., securing 43 state money transmitter licenses to support U.S. infrastructure capabilities.
- CEO Iana Dimitrova expects the deal to close this year, barring a significant external disruption. She aims to launch U.S. services by April 2027, utilizing the company's "global infrastructure platform for modern money movement" to scale operations.
- Crypto firms are pursuing divergent paths to public markets: RedotPay is pressing ahead with IPO preparations, while Payward is delaying its listing to 2027. OpenPayd views the U.S. as a critical market for stablecoin services despite unresolved digital-asset legislation.
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OpenPayd Nears SEC Review Completion for $1.1 Billion Titan Merger
OpenPayd expects to complete its planned Nasdaq listing by the end of 2026 as the payments infrastructure company builds a U.S. regulatory footprint and prepares to use public-market capital for expansion and acquisitions. The London-based company is pursuing the listing through a business combination with Titan Acquisition Corp. OpenPayd CEO Iana Dimitrova said the transaction is in the later stages of the U.S. Securities and Exchange Commissio…
OpenPayd Targets Nasdaq Listing By Year-end Under Ticker OP
BitcoinWorld OpenPayd targets Nasdaq listing by year-end under ticker OP OpenPayd, the London-based stablecoin payments infrastructure firm, expects to complete its merger with Titan Acquisition Corp. and list on Nasdaq under the ticker OP by the end of… This post OpenPayd targets Nasdaq listing by year-end under ticker OP first appeared on BitcoinWorld.
OpenPayd aims to be listed on Nasdaq by the end of 2026 through a $1.145 billion SPAC merger. The filing includes 43 state licenses and a US launch plan for April 2027.
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