OBOOK Holdings Inc. (OWLS) Debuts OwlPay Cash to Digitize the Estimated $230 Billion U.S. Outbound Remittance Economy

Rhea-AI Summary

OBOOK Holdings (NASDAQ: OWLS) launched OwlPay Cash, a mobile-first remittance app deploying institutional-grade payment rails to retail users on Feb 17, 2026. The rollout begins across five high-volume corridors (Mexico, India, Colombia, Peru, Argentina) with planned expansion to 26 regions and Visa Direct integration.

The company targets the estimated $230 billion U.S. outbound remittance market and cites >$100 billion combined flows to its initial corridors; 1% share equals about $1 billion annual transaction volume.

Positive

• Addressable market: $230B U.S. outbound remittances
• Initial corridors combined flows: >$100B
• 1% share equals approximately $1B annual transaction volume
• Integration with Visa Direct and Cross River Bank
• ISO 27001 certification and compliance in 41 U.S. states

Negative

• None.

Key Figures

U.S. outbound remittance market: $230 billion Target launch corridor flows: $100 billion Implied 1% volume: $1 billion +5 more

8 metrics

U.S. outbound remittance market $230 billion Estimated size of U.S. outbound remittance economy

Target launch corridor flows $100 billion Combined annual remittances from U.S. to five initial markets

Implied 1% volume $1 billion Annual transaction volume at 1% share of initial corridors

Initial launch corridors 5 markets Mexico, India, Colombia, Peru, Argentina

Planned global expansion 26 regions Total regions targeted after initial rollout

Indian residents in U.S. 5.2 million Community targeted by India corridor

U.S.-Mexico remittances 2024 $62.5 billion Estimated 2024 remittances from U.S. to Mexico

Visa Direct endpoints 11 billion Global endpoints accessible via Visa Direct

Market Reality Check

Price: $5.40 Vol: Volume 44,211 is at 0.95x...

normal vol

$5.40 Last Close

Volume Volume 44,211 is at 0.95x the 20-day average of 46,758, indicating typical activity into this launch. normal

Technical Shares trade below the 200-day MA at 8.73 and sit only modestly above the $5.154 52-week low, far from the $90 52-week high.

Historical Context

5 past events · Latest: Jan 27 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 27	Strategic partnership	Positive	+2.4%	OwlPay digital asset on/off ramp and cross-currency payment partnership with AGML.
Jan 21	Conference appearance	Positive	+0.2%	DealFlow Discovery Conference presentation highlighting OwlPay stablecoin payment solutions.
Jan 14	License expansion	Positive	+2.8%	Nevada Money Transmitter License, expanding U.S. regulatory footprint to 41 states.
Jan 07	AI payments initiative	Positive	+2.5%	Plan to integrate OwlPay Checkout with x402 standard for AI agent payments.
Dec 31	Share repurchase	Positive	+10.1%	Commencement of previously authorized <b>$10 million</b> share repurchase program.

Pattern Detected

Recent corporate and product announcements have consistently coincided with positive next-day moves, including a 10.05% gain on the buyback news and multiple ~2–3% gains on partnership and licensing updates.

Recent Company History

Over the past several months, OBOOK has highlighted regulatory expansion, product innovation, and capital return. A $10 million repurchase program on Dec 31, 2025 preceded a 10.05% move. January 2026 brought AI payment initiatives, additional money transmitter licensing to reach 41 states, and a strategic OwlPay partnership with AGML, all followed by modest positive reactions. Today’s OwlPay Cash retail remittance launch extends that same cross‑border payments strategy from institutional and merchant focus toward individual users.

Market Pulse Summary

This announcement extends OBOOK’s cross-border payments strategy from institutional and merchant sol...

Analysis

This announcement extends OBOOK’s cross-border payments strategy from institutional and merchant solutions toward retail users through OwlPay Cash. The company highlights a stated $230 billion U.S. outbound remittance market and over $100 billion in annual flows across the five initial corridors, with a 1% share implying $1 billion in volume. Recent history shows multiple positive reactions to buyback, licensing, and partnership news. Investors may monitor adoption in the launch corridors and progression toward the planned 26-region footprint.

Key Terms

remittance, central bank-backed settlement systems, visa direct, regulatory compliance, +1 more

5 terms

remittance financial

"bringing speed, pricing certainty, and operational efficiency to the estimated $230 billion U.S. outbound remittance economy"

A remittance is a transfer of money from one party to another, often sent across borders or between businesses and customers. Think of it like mailing a payment or wiring cash to settle a bill or support family: it changes who has cash and when. Investors watch remittances because they affect a company’s cash flow, sales recognition, foreign-exchange exposure and the health of consumer demand in regions that receive or send large payments.

central bank-backed settlement systems technical

"OwlPay Cash leverages real-time domestic payment rails and central bank-backed settlement systems."

A central bank-backed settlement system is a secure electronic platform run or guaranteed by a country’s central bank that records and completes transfers of money, securities or other financial claims between institutions. Think of it as a trusted, official ledger and clearinghouse that makes sure payments actually happen and cannot be reversed, which matters to investors because it lowers the chance of payment failures, supports market liquidity and confidence, and influences how quickly policy changes affect asset prices.

visa direct technical

"OwlPay Cash leverages the reach of Visa Direct, connecting to over 11 billion endpoints globally"

A real-time payment service that lets businesses and individuals push money directly to a debit card, bank account, or mobile wallet, similar to handing someone cash instantly through a digital channel. It matters to investors because faster, simpler transfers can increase transaction volume and customer use of a payment network, drive fee-based revenue, and make a company’s payment services more competitive and sticky with customers.

regulatory compliance regulatory

"while maintaining the robust regulatory compliance in 41 U.S. states10 and ISO 27001 certification"

Regulatory compliance is the process of ensuring that a company follows all applicable laws, rules, and standards set by government authorities or industry bodies. It is important to investors because it helps prevent legal penalties, financial losses, and reputational damage, contributing to the overall stability and trustworthiness of a business. Think of it as following the rules of a game to play fairly and avoid penalties.

iso 27001 regulatory

"robust regulatory compliance in 41 U.S. states10 and ISO 27001 certification for data security."

ISO 27001 is an internationally recognized standard that sets out the best practices for managing and protecting sensitive information within an organization. It acts like a security blueprint, helping companies ensure data is kept safe from theft, loss, or damage. For investors, organizations with ISO 27001 certification demonstrate a strong commitment to information security, reducing the risk of data breaches that could impact business stability and reputation.

AI-generated analysis. Not financial advice.

The mobile-first app extends institutional-grade settlement to retail users; capturing just 1% of the initial launch markets would represent $1 billion in annual transaction volume

ARLINGTON, Va., Feb. 17, 2026 (GLOBE NEWSWIRE) -- OBOOK Holdings Inc. (NASDAQ: OWLS) (“OwlTing” or the “Company”), a global fintech company operating as the OwlTing Group, today announced the official debut of OwlPay Cash¹. The app has been submitted for review and is expected to become available on the Apple App Store and Google Play upon completion of standard platform approval processes. This mobile-first interface represents the deployment of the Company’s institutional-grade payment infrastructure directly to retail users, bringing speed, pricing certainty, and operational efficiency to the estimated $230 billion U.S. outbound remittance economy².

The initial rollout prioritizes five high-volume corridors: Mexico, India, Colombia, Peru, and Argentina. Following this launch, the Company plans to progressively expand the service to a total of 26 regions globally³, leveraging Visa Direct to enable payments in local currencies directly to eligible bank accounts. By integrating direct digital payment rails, OwlPay Cash addresses the fragmentation of legacy remittance networks, offering a unified solution that optimizes settlement times and cost structures for cross-border transactions.

OwlPay Cash is engineered to capture volume in the world’s most active payment channels. The combined annual remittance flows from the United States to the Company’s five initial launch markets exceed $100 billion⁴. Capturing just 1% market share across these priority corridors would represent approximately $1 billion in annual transaction volume. Remittance transactions are typically recurring in nature, driven by essential monthly or bi-weekly family support flows. Within this high-frequency environment, scalable digital infrastructure can support predictable, repeat transaction volume once customer acquisition stabilizes.

“The remittance market is large, recurring, and structurally inefficient,” said Darren Wang, Founder and CEO at OwlTing Group. “By leveraging our scalable digital infrastructure, we are entering a $230 billion opportunity to offer institutional-grade pricing to everyday users. We are proving that protecting the hard-earned wages of our users and building a high-growth financial product are aligned goals.”

To achieve this, the App addresses specific liquidity needs in each market:

• India: Serving a tech-savvy community of 5.2 million Indian residents in the U.S.⁵, OwlPay Cash leverages real-time domestic payment rails and central bank-backed settlement systems. This integration enables near-instant settlement for the India corridor, ensuring critical funds are available to beneficiaries within seconds.
• Mexico: In 2024, remittances from the U.S. to Mexico reached an estimated $62.5 billion, accounting for over 3.5% of the country’s GDP⁶. OwlPay Cash facilitates rapid same-day delivery, typically clearing funds within three hours. This efficiency provides a reliable digital alternative to physical agents for the 11 million Mexican residents in the U.S.⁷
• Latin America (Colombia, Peru, Argentina): The U.S. is a critical lifeline for this region, accounting for 53% of remittances to Colombia, 42% to Peru, and 27% to Argentina⁸. OwlPay Cash focuses on settlement predictability in these areas. By facilitating Intraday or T+1 delivery, the App allows recipients to access and utilize funds before exchange rates fluctuate, preserving the purchasing power of every dollar sent.
  

OwlPay Cash challenges the legacy banking model by eliminating opaque intermediary fees. By leveraging direct digital rails, the App can significantly reduce transaction costs compared to traditional SWIFT wire transfers⁹, and is paired with institutional-grade clarity features:

• “Total Cost” Calculator: The App features a dynamic Transfer Calculator that displays the FX rate and the exact final sum the recipient will receive before execution. This “what you see is what you get” model empowers users to make informed financial decisions.

• Streamlined Recipient Management: Designed for recurring family support, the App includes a secure beneficiary management system, allowing for one-tap execution of repeat transfers to reduce friction and manual errors.

OwlPay Cash leverages the reach of Visa Direct, connecting to over 11 billion endpoints globally, with the regulated settlement framework of Cross River Bank. This dual foundation ensures predictable settlement timelines to eligible bank accounts across the Company’s expanding service map, while maintaining the robust regulatory compliance in 41 U.S. states¹⁰ and ISO 27001 certification for data security.

About OBOOK Holdings Inc.
OBOOK Holdings Inc. is a global fintech company operating as the OwlTing Group. The Company was founded and is headquartered in Taiwan, with subsidiaries in the United States, Japan, Poland, Singapore, Hong Kong, Thailand, and Malaysia. The Company operates a diversified ecosystem across payments, hospitality, and e-commerce. In 2025, according to CB Insights’ statistics, OwlTing was ranked among the top 2 global players in the “Enterprise & B2B” category in the digital currency sector. The Company’s mission is to use distributed ledger technology to provide businesses with more reliable and transparent data management, to reinvent global flow of funds for businesses and consumers and to lead the digital transformation of business operations. To this end, the Company introduced OwlPay, a Web2 and Web3 hybrid payment solution, to empower global businesses to operate confidently in the expanding digital currency economy. For more information, visit https://www.owlting.com/portal/?lang=en.

Safe Harbor Statement
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “could,” “will,” “should,” “would,” “expect,” “plan,” “aim,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “likely,” “potential,” “project,” or “continue,” or the negative of these terms or other comparable terminology. The Company undertakes no obligation to publicly update or revise any forward-looking statements to reflect subsequent events or circumstances, except as required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot guarantee that such expectations will prove correct. The Company cautions investors that actual results may differ materially from those anticipated and encourages investors to review other factors that may affect its future results in the Company’s registration statement filed with and declared effective by the SEC and other filings with the SEC, available at www.sec.gov.

OBOOK Holdings Inc. Media Relations
pr_office@owlting.com

OBOOK Holdings Inc. Investor Relations
ir@owlting.com

_____________________________
¹ All money transmission services in the United States are provided by OwlTing USA, Inc. (NMLS ID: 2324336), a wholly owned subsidiary of OBOOK Holdings Inc.
² According to Niskanen Center, “The 1% U.S. remittance levy: Impacts on Mexico & India”, please see https://www.niskanencenter.org/the-1-u-s-remittance-levy-impacts-on-mexico-india/
³ Key Regions include Canada, Argentina, Colombia, Peru and Mexico in the Americas; Austria, Belgium, France, Germany, Greece, Hungary, Italy, Lithuania, Monaco, Netherlands, Portugal, Slovakia, Slovenia, Spain and Poland in Europe; and Hong Kong, India, Japan, Malaysia, Singapore and South Korea in Asia.
⁴ According to combined statistics from The World Bank, BBVA Research, central banks from OwlPay Cash’s five initial launch markets.
⁵ According to Pew Research Center “Facts about Indians in the U.S.”, please see https://www.pewresearch.org/race-and-ethnicity/fact-sheet/asian-americans-indians-in-the-u-s/
⁶ According to Niskanen Center “The 1% U.S. remittance levy: Impacts on Mexico & India”, please see https://www.niskanencenter.org/the-1-u-s-remittance-levy-impacts-on-mexico-india/
⁷ According to Pew Research Center “What the data says about immigrants in the U.S.”, please see https://www.pewresearch.org/short-reads/2025/08/21/key-findings-about-us-immigrants/#:~:text=As%20of%20mid%2D2023%20%E2%80%93%20the,22%25%20of%20all%20immigrants%20nationally.
⁸ According to BBVA Research “Latam | Remittances to Argentina, Peru and Colombia”, please see https://www.bbvaresearch.com/en/publicaciones/latam-remittances-to-argentina-peru-and-colombia/#:~:text=The%20United%20States%20accounts%20for,below%20the%2011.6%20million%20Mexicans.
⁹ Availability may vary by corridors and is subject to change. Please contact the OwlPay Support team for details.
¹⁰ As of January 2026, OwlTing Group has obtained MTL licenses or their equivalent in 40 U.S. states and is applying for licenses in additional states. The Company has now expanded its regulatory footprint in 41 U.S. States. For a list of U.S. licenses obtained, please see https://www.owlting.com/owlpay/licenses?lang=en.

A photo accompanying this announcement is available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/2a6067f9-e24a-470e-bc35-4e380c1e6a27

FAQ

When will OwlPay Cash (OWLS) be available on app stores?

OwlPay Cash is submitted for review and will appear after standard approvals, expected shortly. According to the company, availability depends on Apple App Store and Google Play review completion and standard platform approval processes before public download.

What markets does OwlPay Cash (OWLS) launch in first and why?

OwlPay Cash launches in Mexico, India, Colombia, Peru, and Argentina to target high remittance corridors. According to the company, these five corridors comprise over $100 billion in combined annual U.S. remittance flows, prioritizing speed and predictability where volumes are largest.

How does OwlPay Cash (OWLS) improve remittance costs and transparency?

OwlPay Cash displays FX and final recipient sums with a dynamic Transfer Calculator for clear costs. According to the company, the app eliminates opaque intermediary fees by using direct digital rails and shows the exact amount recipients will receive before execution.

What settlement speed can users expect with OwlPay Cash (OWLS)?

Settlement speeds vary by corridor: near-instant to seconds for India and typically within three hours for Mexico. According to the company, Latin America corridors target intraday or T+1 delivery to preserve recipient purchasing power before rate swings.

How does OwlPay Cash (OWLS) handle security and regulatory compliance?

The app leverages ISO 27001 security standards and regulated settlement via Cross River Bank while operating in 41 U.S. states. According to the company, these measures support predictable settlement timelines and regulatory compliance across its service map.

What scale does OwlPay Cash (OWLS) aim to reach after launch?

The company plans progressive expansion to 26 regions globally and to leverage Visa Direct reach. According to the company, Visa Direct connects to over 11 billion endpoints, supporting broader local-currency payments to eligible bank accounts.