OpenPayd Gains 43 State MTLs and Confirms SPAC Listing Plans
OpenPayd integrated MSB USA Inc. for 43 state money transmitter licenses and advanced a Nasdaq listing via SPAC at up to $1.145B equity value.
OpenPayd completed the integration of MSB USA Inc. after receiving required regulatory approvals, adding 43 state money transmitter licenses to its operations.
Founder Dr. Ozan Ozerk stated that the licenses strengthen the firm's regulated infrastructure for fiat and digital assets across the U.S., U.K., and Europe.
As of July 31 2026 the company reported annual recurring revenue above $96 million and annualized transaction volume above $300 billion. It remains profitable, has raised no external capital, and serves more than 1,200 clients.
OpenPayd entered a definitive agreement with Titan Acquisition Corp. to list on Nasdaq under ticker OP at an equity value of up to $1.145 billion pro forma. The transaction is expected to close in the fourth quarter of 2026.