OpenPayd and Titan Acquisition Corp have entered into a definitive business combination agreement, the companies said today (Monday). Under the deal, OpenPayd is expected to become a publicly listed company on Nasdaq and will trade under the ticker “OP” following completion.

OpenPayd provides embedded finance infrastructure spanning FX, domestic and cross-border payments, open banking, and stablecoin on- and off-ramps. Its client base includes firms such as eToro, Kraken, OKX, and B2C2.

OpenPayd Expands Across 180 Countries

The company operates a financial infrastructure platform focused on programmable money movement, connecting traditional financial systems with digital asset networks.

Through a single API, it enables businesses to access global accounts, real-time payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term, and trading capabilities across multiple jurisdictions and payment rails.

• Coinbase Employees Reportedly Face Wise “Payment Blocks” Amid UK Banking Crackdown
• MrBeast Banks on Teens: Step Users Meet 450M YouTube Subscribers for Zero-Cost Distribution
• Fintech Firms Fight for Coders as Vacancies Jump 29%

OpenPayd said it serves more than 1,100 customers across 180 countries and maintains regulatory presence in the United States, the United Kingdom, the European Economic Area, Canada, and South Africa.

Deal Awaits Approvals, Closes in 2026

Upon closing, the company is expected to receive up to $276 million in gross proceeds from Titan’s trust account, assuming no redemptions by public shareholders. The proceeds are intended to strengthen its balance sheet and support expansion, particularly in the United States, alongside investments in technology, compliance Compliance In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a Read this Term, and licensing.

OpenPayd reported more than $85 million in annualised recurring revenue as of March 2026 and processes over $240 billion in annualised transaction volume.

Founder Ozan Ozerk said OpenPayd is building infrastructure “connecting traditional financial rails with programmable, blockchain-native networks”.

The transaction has been unanimously approved by both boards and is expected to close in the fourth quarter of 2026, subject to regulatory and shareholder approvals. Further filings will be made with the U.S. Securities and Exchange Commission.