OBOOK Holdings Officially Launches OwlPay Cash App
OBOOK Holdings announced the official debut of OwlPay Cash. The app has been submitted for review and is expected to become available on the Apple App Store and Google Play upon completion of standard platform approval processes. "The remittance market is large, recurring, and structurally inefficient," said Darren Wang, Founder and CEO at OwlTing Group. "By leveraging our scalable digital infrastructure, we are entering a $230 billion opportunity to offer institutional-grade pricing to everyday users. We are proving that protecting the hard-earned wages of our users and building a high-growth financial product are aligned goals."
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- Lock-Up Extension: OwlTing Group announced an agreement with SBI Holdings and over 99% of its shareholders to extend the lock-up period by 12 months, aimed at increasing visibility into the company's public float and mitigating potential market volatility from concentrated liquidity events.
- Continued Shareholder Support: CEO Darren Wang emphasized that the sustained support from shareholders reflects alignment with the company's strategic direction, allowing OwlTing to focus on advancing its global payment infrastructure and compliance-first growth strategy.
- Global Compliance Expansion: OwlTing has obtained regulatory licenses in 41 U.S. states and operates under a Virtual Asset Service Provider license in the EU and an Electronic Payment Intermediary Service Provider license in Japan, demonstrating its commitment to compliance and business expansion in global markets.
- High-Growth Company Recognition: In 2026, OwlTing was recognized by the Financial Times and Statista as one of the high-growth companies in the Asia-Pacific region, ranking 226th with a 42% CAGR, further solidifying its leading position in the digital currency sector.

Company Expansion: OWLTING Group (NASDAQ: OWLS) is expanding its collaboration with Visa to enhance support for U.S. debit card funding.
Focus on U.S. Transactions: The partnership aims to facilitate U.S. dollar transactions, improving the efficiency of financial operations for users.
- Funding Agreement Secured: OwlTing Group has signed a securities purchase agreement with Lind Global Asset Management to raise $10 million through the issuance of zero-interest convertible securities, indicating proactive capital market engagement.
- Follow-On Investment Potential: The agreement allows for up to $40 million in additional funding after the initial investment, enhancing the company's financial flexibility to support its global expansion strategy.
- Convertible Security Details: The convertible security has a face value of $11.5 million with a 15% original issue discount, and investors can convert at a fixed price of $9 per share, reflecting confidence in the company's future growth.
- Clear Use of Proceeds: OwlTing stated that the net proceeds will be used for general corporate purposes, including expanding its OwlPay global payment infrastructure, regulatory licensing, strategic acquisitions, and working capital, aimed at driving long-term growth.
- Funding Structure Advantage: OwlTing has entered into an agreement with Lind Global Asset Management for an initial funding of $10 million, with an option for an additional $40 million, ensuring ample capital for global expansion and enhancing market competitiveness.
- Zero-Interest Convertible Security: The financing utilizes a zero-interest convertible security with a fixed conversion price of $9.00, reflecting confidence in the company's future growth while protecting shareholder value with a 120-day conversion moratorium.
- Global Payment Infrastructure Expansion: Proceeds will support the expansion of OwlPay's global payment infrastructure, with expected annual transaction capacity exceeding $5 billion across North America, Asia-Pacific, and Africa, thereby increasing the company's influence in the global payments sector.
- Strategic Growth Plans: OwlTing plans to leverage the funding for regulatory licensing applications and potential acquisitions, further solidifying its leading position in the digital currency industry and driving long-term sustainable growth.
- Client Acquisition: In Q1 2026, OwlTing Group successfully signed and onboarded over 20 enterprise clients, representing more than $5 billion in annual payment volume, indicating strong growth potential in the global fintech market.
- Infrastructure Transformation: The addition of these clients marks a significant transition for OwlPay Harbor as a settlement infrastructure partner, expected to drive revenue growth in the coming quarters and further solidify the company's market position.
- Diverse Client Base: Newly signed clients include Graph, Dexpay, and Hope for Haiti, spanning cross-border B2B payments, nonprofits, and fintech sectors, showcasing the broad applicability of OwlPay Harbor across various markets.
- Regulatory Compliance Advantage: OwlTing has secured Money Transmitter Licenses in 40 U.S. states, enhancing its capability as a trusted cross-border settlement layer for enterprises and financial institutions, laying a solid foundation for future business expansion.







