OpenPayd Targets Nasdaq Listing by Year-End, U.S. Launch by April 2027

  • OpenPayd expects its Titan Acquisition merger to close by year-end 2026.
  • The proposed transaction values OpenPayd at up to $1.145 billion.
  • OpenPayd plans to launch U.S. services by April 2027 using 43 state licenses.

OpenPayd is targeting completion of its merger with special purpose acquisition company Titan Acquisition by the end of 2026, after which the combined company is expected to trade on Nasdaq under the ticker OP. The proposed transaction carries an implied pro forma equity value of up to $1.145 billion, while OpenPayd plans to launch U.S. services by April 2027 and use public-market capital to support expansion and acquisitions. The deal remains subject to Titan shareholder approval, effectiveness of the SEC registration statement, Nasdaq listing approval and at least $130 million in aggregate proceeds. OpenPayd has secured access to 43 state money transmitter licenses through MSB USA Inc. and reported fiscal 2026 revenue of $72.7 million, EBITDA of $12.5 million and a $2.8 million net loss. The company is also expanding its stablecoin infrastructure business, whose quarterly orchestration revenue rose from $80,000 to $1.99 million over 12 months.

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