OpenPayd Expands to U.S. Market with Acquisition of 43 Money Transmitter Licences

OpenPayd is expanding into the United States by integrating MSB USA Inc., a state-licensed money services business. This move secures 43 state Money Transmitter Licences (MTLs), allowing the fintech infrastructure provider to offer regulated fiat and digital asset services across North America. For fintech professionals, this bridges the regulatory gap between European, British, and American markets.

What was announced

OpenPayd has finalised the integration of MSB USA Inc. into its corporate group following the receipt of necessary regulatory approvals. This strategic alignment brings 43 state Money Transmitter Licences (MTLs) under the OpenPayd umbrella, creating a regulated pathway for operations across the majority of the United States. This expansion is designed to provide a scalable foundation for the company’s 1,200 global clients, including Kraken, eToro, OKX, and B2C2, many of whom are seeking seamless cross-border infrastructure that bridges fiat and digital assets.

The US move follows OpenPayd’s recent authorisation under the European Union’s Markets in Crypto-Assets (MiCA) framework, granted by the Malta Financial Services Authority. Financially, the company reports strong organic growth; as of July 31, 2026, its Annual Recurring Revenue (ARR) exceeded $96 million, with annualised transaction volumes surpassing $300 billion. OpenPayd remains profitable and has reached this scale without taking external capital.

Furthermore, OpenPayd is moving toward a public listing on the Nasdaq. In June 2026, the company entered a definitive business combination agreement with Titan Acquisition Corp. (Nasdaq: TACH). The transaction values OpenPayd at a pro-forma equity value of up to $1.145 billion. The merger is expected to close in the fourth quarter of 2026, subject to approval by Titan’s shareholders and other customary closing conditions. MSB USA will continue to be led by its current management team during its integration into the OpenPayd platform.

"Every era of finance has been defined by its infrastructure: correspondent banking wired together the twentieth-century economy; programmable money will power the twenty-first. The U.S. is at the forefront of this evolution, and with regulated foundations now spanning the U.S., U.K. and Europe – across both fiat and digital assets – OpenPayd has something few providers can claim: regulated infrastructure spanning both fiat and digital assets, on both sides of the Atlantic."

Dr. Ozan Ozerk, Founder of OpenPayd.

The companies involved

OpenPayd is a global provider of financial infrastructure, offering a suite of services that includes banking-as-a-service, payments, and digital asset solutions. Unlike many of its peers in the fintech sector, the company has achieved significant scale—serving over 1,200 clients—without raising external capital, maintaining profitability through organic growth. Its platform is specifically built to handle the complexities of the digital economy, connecting traditional banking rails with modern programmable money.

MSB USA Inc., the entity being integrated, was founded by Dr. Ozan Ozerk and operates as a state-licensed money services business in the US. This acquisition ensures that OpenPayd enters the North American market with an established regulatory foundation. Titan Acquisition Corp., the partner for OpenPayd’s public debut, is a special purpose acquisition company (SPAC) listed on the Nasdaq.

The company’s client roster features some of the largest names in the digital asset space. Kraken is a major US-based cryptocurrency exchange, while OKX and B2C2 are key players in global exchange and institutional liquidity, respectively. eToro, another primary client, is a social investment platform with a significant global footprint. By aligning these entities, OpenPayd positions itself as a primary infrastructure layer for firms operating across the UK, Europe, and North America.

What FF News has reported before

FF News has tracked OpenPayd’s increasing role in the stablecoin and settlement space. In August 2026, the company integrated with the Circle Payments Network to facilitate near-instant global fiat settlement. This followed a partnership where DECTA tapped OpenPayd to streamline international treasury settlements using stablecoin infrastructure. Additionally, OpenPayd client eToro has seen significant activity, with FF News reporting on its 77% net income surge in Q2 2026 and its acquisition of TradeZero. We also covered analysis from eToro regarding UAE real estate investment strategies, highlighting the diverse market interests of OpenPayd’s major institutional partners.

What this means

Securing 43 state licences in one move is a significant shortcut in the notoriously fragmented US regulatory landscape. By bypassing the years-long process of individual state applications, OpenPayd puts immediate pressure on domestic Banking-as-a-Service (BaaS) providers and European rivals struggling to gain a North American foothold. The timing is critical; as the industry moves toward "programmable money," the ability to offer a unified regulatory stack across the UK, EU, and US is a rare competitive moat. However, the success of this expansion hinges on the smooth finalisation of the Nasdaq listing, as public market scrutiny will demand high transparency regarding these new US operations.