OpenPayd Secures 43 US Licenses Ahead of Nasdaq Listing
London-based OpenPayd provides financial infrastructure spanning accounts, foreign exchange and payments for corporate clients. Expanding in the United States requires state-by-state authorization for money transmission, making broad licensing coverage a critical step for operating at scale. A regulated US presence should help the company simplify cross-border transactions and reduce its reliance on third-party payment intermediaries.
OpenPayd has secured money transmitter licenses in 43 US states through the integration of MSB USA, giving it a compliant operating footprint to serve about 1,200 clients worldwide. The expansion comes as the company prepares to merge with Titan Acquisition and pursue a Nasdaq listing at a valuation of $1.145 billion, linking its push into the US payments market with its planned public-market debut.
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