TL;DR
- OpenPayd integrated MSB USA Inc., bringing 43 state money transmitter licences under its umbrella and expanding its regulated U.S. operating footprint.
- The company reported annual recurring revenue above $96 million and annualized transaction volume above $300 billion, while serving more than 1,200 clients.
- OpenPayd also plans a Nasdaq listing through its merger with Titan Acquisition Corp., valuing the company at up to $1.145 billion pending shareholder approval and closing conditions.
OpenPayd has expanded its U.S. regulatory footprint by integrating MSB USA Inc. into its group, bringing 43 state money transmitter licences under one umbrella. The London-based financial infrastructure provider said the move broadens its operating base across North America after the required approvals were secured. The central development is that OpenPayd now has regulated foundations spanning the U.S., U.K. and Europe across both fiat and digital assets. The company says the expanded licence network will help global clients already operating in the United States or planning to enter the market over the coming years.
OpenPayd Builds a Broader Transatlantic Regulatory Base
The U.S. expansion follows OpenPayd’s recent authorization under the European Union’s Markets in Crypto-Assets framework from the Malta Financial Services Authority. That combination strengthens the company’s attempt to position itself as cross-border infrastructure rather than a region-specific payments provider. OpenPayd says its annual recurring revenue exceeded $96 million as of July 31, 2026, while annualized transaction volume surpassed $300 billion. The company remains profitable, has not raised external capital, and serves more than 1,200 clients globally, including Kraken, eToro, OKX and B2C2 across crypto and financial services as it expands operations more broadly worldwide.
OpenPayd is also preparing for a public-market debut in the United States through its previously announced combination with Titan Acquisition Corp. The companies signed a definitive agreement in June 2026 that would take OpenPayd public on Nasdaq under the ticker OP. The proposed transaction adds a capital-markets dimension to the company’s regulatory expansion, linking broader U.S. licensing with a potential American listing. The deal values OpenPayd at up to $1.145 billion in pro forma equity value and is expected to close during the fourth quarter, subject to customary conditions and approval from Titan shareholders.
The licence expansion gives OpenPayd a larger regulatory base at a moment when it is also scaling revenue, transaction volume and public-market ambitions. Founder Ozan Ozerk framed programmable money as the infrastructure layer for the next era of finance, contrasting it with correspondent banking’s role in the twentieth century. The broader strategy is to build regulated infrastructure that can connect fiat and digital assets on both sides of the Atlantic. Whether the model translates into faster U.S. growth will depend on client adoption, the completion of the Titan transaction and OpenPayd’s ability to use its 43 licences effectively.
