Core Viewpoint - OBOOK Holdings Inc. has launched OwlPay Cash, a mobile-first app designed to provide institutional-grade payment services to retail users, targeting the $230 billion U.S. outbound remittance market, with an initial focus on five high-volume corridors [3][4][5]. Group 1: Product Overview - OwlPay Cash aims to streamline remittance processes by leveraging direct digital payment rails, which can significantly reduce transaction costs compared to traditional methods like SWIFT [7]. - The app features a "Total Cost" Calculator that provides users with transparency regarding the exchange rate and final amount received, promoting informed financial decisions [7][9]. - The initial rollout focuses on five key markets: Mexico, India, Colombia, Peru, and Argentina, with plans to expand to a total of 26 regions globally [4][5]. Group 2: Market Potential - The combined annual remittance flows from the U.S. to the initial launch markets exceed $100 billion, and capturing just 1% of this market would represent approximately $1 billion in annual transaction volume [5][6]. - Remittance transactions are typically recurring, driven by essential family support, which provides a stable customer base for OwlPay Cash once customer acquisition is established [5][6]. Group 3: Regional Insights - In India, OwlPay Cash can facilitate near-instant settlements for the 5.2 million Indian residents in the U.S. by utilizing real-time domestic payment systems [8]. - For Mexico, remittances from the U.S. reached an estimated $62.5 billion in 2024, with OwlPay Cash offering rapid same-day delivery, typically clearing funds within three hours [8]. - In Latin America, the U.S. accounts for a significant portion of remittances, with OwlPay Cash focusing on predictable settlement times to preserve purchasing power for recipients [8]. Group 4: Operational Efficiency - The app connects to over 11 billion endpoints globally through Visa Direct, ensuring predictable settlement timelines while maintaining regulatory compliance across 41 U.S. states [9][14]. - OwlPay Cash includes a secure beneficiary management system for easy execution of repeat transfers, reducing friction and manual errors in the remittance process [9].

Group 1: Mastercard and Tencent Partnership - Mastercard is partnering with Tencent to integrate its Move funds transfer service with Tencent's TenPay and Weixin Pay, allowing international senders to transfer money directly to recipients in China [1][2] - This collaboration aims to capture a share of the inbound payment flows to China, which received over $31 billion in international P2P transfers in 2024 [2] Group 2: Visa's Expansion in Cross-Border Payments - Visa is collaborating with OwlTing Group to launch OwlPay Cash, enabling users in the U.S. to make local currency remittances to 26 countries, including Mexico and India [4][6] - Both Visa and Mastercard are focusing on expanding their roles in cross-border payments to diversify revenue streams beyond traditional card transactions [5] Group 3: Worldline's Strategic Moves - Worldline has sold its Swedish subsidiary CoreOrchestration for approximately $160 million to focus on its core payments business amid regulatory pressures [14][15] - The company has previously divested units totaling about $600 million to manage financial challenges and lower its earnings outlook [15] Group 4: SumUp's New Offerings - SumUp is set to launch cash deposit services for merchants in the UK, Italy, Spain, and France, enhancing their banking solutions [20][21] - The company has attracted over €1 billion ($1.2 billion) in customer deposits across 1.5 million business accounts, indicating significant growth [21] Group 5: Socure's Acquisition of Qlarifi - Socure has acquired Qlarifi, a buy now, pay later credit startup, to enhance its identity verification technology and credit decisioning capabilities [24][25] - The acquisition aims to build infrastructure for responsible lending and improve consumer protection in the BNPL sector [25][26]

Core Insights - OBOOK Holdings Inc. (OwlTing) is launching OwlPay Cash, a mobile-first remittance app developed in collaboration with Visa, aimed at facilitating payments abroad in local currencies to eligible bank accounts in 26 key regions worldwide [2][3][5] - The app leverages Visa Direct, connecting to over 11 billion endpoints globally, which helps reduce hidden fees and provides greater transparency on foreign exchange rates [3][4] - OwlPay Cash is designed to significantly lower costs, offering transfers up to 70% cheaper than traditional SWIFT options, with no monthly fees [5][8] Company Overview - OBOOK Holdings Inc. operates as the OwlTing Group, a blockchain technology company headquartered in Taiwan, with subsidiaries in multiple countries including the U.S., Japan, and Singapore [6] - The company focuses on a diversified ecosystem across payments, hospitality, and e-commerce, and was ranked among the top 2 global players in the "Enterprise & B2B" category for stablecoins in 2025 [6] - The mission of the company is to utilize blockchain technology for reliable data management and to transform global fund flows for businesses and consumers [6] Market Context - Global remittances are projected to reach $905 billion in 2024, with $230 billion expected to flow from the U.S. alone, highlighting the significant demand for cost-effective remittance solutions [4][11] - The U.S. has nearly 48 million immigrants, many of whom rely on remittances for essential expenses such as housing and education [4][11] - Current cross-border transfer fees average around 6.6%, which is above the UN's target of 3% set in the Sustainable Development Goals [4][12]

Core Viewpoint - OBOOK Holdings Inc. is launching OwlPay Cash, a mobile-first remittance app in collaboration with Visa, enabling U.S. users to send money directly to bank accounts in 26 countries, significantly reducing costs and improving transaction speed [3][4][5]. Company Overview - OBOOK Holdings Inc. operates as the OwlTing Group, focusing on blockchain technology and has a diversified ecosystem across payments, hospitality, and e-commerce [7]. - The company is headquartered in Taiwan and has subsidiaries in multiple countries, including the U.S., Japan, and Singapore [7]. Product Features - OwlPay Cash utilizes Visa Direct, connecting to over 11 billion endpoints globally, which helps reduce hidden fees and provides transparency on foreign exchange rates [4]. - The app is designed to cut costs by up to 70% compared to traditional SWIFT options and will be available on major app stores [6][9]. - It offers a mobile-first design for quick and easy transfers, with no monthly fees and built-in foreign exchange conversion [9]. Market Context - Global remittances are projected to reach $905 billion in 2024, with $230 billion originating from the U.S., highlighting the significant demand for affordable remittance solutions [5]. - The U.S. has nearly 48 million immigrants, many of whom rely on remittances for essential expenses [5]. Regulatory Compliance - OwlPay Cash is licensed in 39 U.S. states and is ISO 27001 certified, ensuring user data protection and compliance with regulatory standards [9][11].