OpenPayd Expands US Footprint with 43 State Licenses Ahead of Nasdaq Listing
OpenPayd has significantly expanded its global reach by acquiring 43 U.S. state money transmitter licenses through its integration of MSB USA, a nonbank money services business.
The acquisition gives OpenPayd a regulated route into the U.S. payments market and allows eligible clients to connect their payment operations across additional jurisdictions.
OpenPayd reported annual recurring revenue exceeding $96 million and annualized transaction volume above $300 billion globally as of July 31, with over 1,200 clients worldwide, including crypto businesses Kraken, eToro, OKX, and B2C2.