OpenPayd Expands US Footprint with 43 New Licenses Ahead of Nasdaq Debut

OpenPayd has strengthened its position in the US market by acquiring 43 state Money Transmitter Licenses through its integration of MSB USA Inc.

The move is part of OpenPayd's expansion plans, which include a potential Nasdaq debut under the ticker 'OP' with an expected valuation of approximately $1.1 billion.

MSB USA provides financial infrastructure for businesses to move and receive funds in the US and internationally, facilitating payments through regulated banking partners and networks such as ACH, FedWire, and SWIFT.

The license portfolio gives OpenPayd greater geographical coverage across the US and enhances its ability to serve global businesses that need compliant payment infrastructure for US operations.