AI
AI Payments firm OpenPayd targets year-end Nasdaq listing to money U.S. growth and acquisitions
AI CEO Iana Dimitrova stated OpenPayd intends to introduce in the U.S. by April 2027 and is 
considering offers to include licenses and innovation.
Oct 3, 2026, 12:00 p.m. EDT
- OpenPayd anticipates its merger with Titan Acquisition Corp. to nearby year-end, based on regulative and investor approvals, CEO Iana Dimitrova informed CoinDesk.
- The business is preparing to release its facilities for U.S. consumers by April 2027, after bringing 43 state cash transmitter licenses into its group.
- The payments company reported$73 million in income for its most current fiscal year, while Dimitrova stated a listing would assist money growth and acquisitions.
OpenPayd anticipates to finish its organized Nasdaq listing by the end of the year as it prepares to go into the U.S. market and pursue more acquisitions, CEO Iana Dimitrova informed CoinDesk in an interview.
The London-based payments facilities business remains in the lasts of the U.S. Securities and Exchange Commission’s evaluation of its proposed merger with Titan Acquisition Corp., Dimitrova stated.
She anticipates the offer to close this year, disallowing a considerable external interruption. The deal still needs the registration declaration to end up being reliable and approval from Titan investors, to name a few conditions. OpenPayd would trade under the ticker OP.
The U.S. has actually ended up being a more appealing market for crypto business as it establishes guidelines for digital possessions and stablecoins. The GENIUS Act developed a federal structure for payment stablecoins, while the SEC has actually proposed guidelines customized to some crypto possessions. For business such as OpenPayd, that shift produces an opening to offer payments facilities to companies linking conventional financing with blockchain networks, even as more comprehensive market-structure legislation stays unsettled.
Crypto companies are taking various courses to the general public markets: stablecoin payments business RedotPay is pushing ahead with U.S. IPO preparations, having actually just recently finished a monetary audit. Others are waiting, with Kraken moms and dad Payward pressing its listing back to the 2nd quarter of 2027 at the earliest, CoinDesk reported.
OpenPayd has actually incorporated with Circle Payments Network for cross-border payments and signed up with Fireblocks’payments network, where other individuals can access its fiat facilities.
The business is a”worldwide facilities platform for modern-day cash motion,”Dimitrova stated, and”there is no public market rival that has the exact same mix of fiat and stablecoin abilities that OpenPayd can provide today.”
The listing would assist money U.S. growth, with OpenPayd intending to release services for clients there by April 2027, she included.
U.S. launch takes shape
The business took an action towards that launch last month by bringing MSB USA Inc. and its 43 state cash transmitter licenses under the OpenPayd group.
OpenPayd supplies companies with access to accounts, forex and domestic and worldwide payments, along with facilities for moving in between standard currencies and stablecoins. It counts crypto exchange Kraken, market maker B2C2 and trading platform OKX amongst the business utilizing its payments facilities
The company reported $73 million in income for the year ended April 30, 2026, up from $57 million a year previously, according to a financier discussionThe business reported $13 million in EBITDA and a$2.8 million bottom line for the most recent year.
The reported bottom line of$ 2.8 million is completely attributable to$5.8 countless one-time deal expenses associating with the proposed organization mix, a business representative stated in emailed remarks.
Dimitrova stated the U.S. provides chances in both cross-border payments and stablecoin services.
She explained hold-ups to U.S. digital-asset market-structure legislation as an obstacle, however stated they had actually not altered OpenPayd’s choice to broaden there.
More offers on the program
Acquisitions might play a bigger function as the business goes into brand-new markets.
OpenPayd has an interest in organizations that would include licenses or innovation and enable it to release faster than developing those abilities from scratch, Dimitrova stated.
A listing would offer it both access to capital and openly traded shares to utilize in offers and collaborations. The business is likewise thinking about a personal positioning ahead of the merger to protect financing for its development strategies, she stated.
Under the revealed regards to the Titan offerOpenPayd’s suggested pro forma equity worth might reach$ 1.1 billion.
“Few markets can match the energy and aspiration of the U.S.,”Dimitrova stated.”We wish to harness that momentum to take OpenPayd from European success to worldwide scale.”
Learn more: RedotPay finishes monetary audit as it presses ahead with U.S. IPO prepares
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