OwlTing Group (NASDAQ: OWLS) Reports Q1 2026 OwlPay Harbor Client Wins Representing More Than $5 Billion in Annual Payment Volume Across Their Existing Businesses

Rhea-AI Summary

OwlTing Group (NASDAQ: OWLS) reported Q1 2026 onboarding of over 20 enterprise clients to OwlPay Harbor, representing an aggregate > $5 billion in annual payment volume across those clients' existing businesses. The company cites a blended take rate of 25–35 bps and regulatory licenses across 40 U.S. states, the EU, and Japan, positioning OwlPay Harbor to monetize cross-border settlement as client flows migrate onto the platform over subsequent quarters.

Positive

• 20+ enterprise clients signed and onboarded in Q1 2026
• Aggregate client annual payment volume of > $5 billion
• Current blended take rate of 25–35 basis points
• Regulatory footprint: money transmitter licenses in 40 U.S. states, EU VASP license, Japan EPI license

Negative

• $5B refers to clients' existing business volumes, not volume currently processed by OwlTing
• Revenue realization depends on client payment flows migrating to OwlPay Harbor over subsequent quarters
• Client set includes parties in active onboarding, not all fully executed processing relationships

Key Figures

Q1 2026 enterprise clients: over 20 clients Client annual payment volume: over USD $5 billion Blended take rate: 25 to 35 basis points +5 more

8 metrics

Q1 2026 enterprise clients over 20 clients Signed and onboarded to OwlPay Harbor in Q1 2026

Client annual payment volume over USD $5 billion Aggregate volume across existing businesses of new Q1 2026 clients

Blended take rate 25 to 35 basis points Across settlement, FX, and embedded compliance services

U.S. money transmitter coverage 40 U.S. states Money Transmitter Licenses or equivalent

Revenue CAGR 42% 2021–2024 CAGR cited in Mar 23, 2026 FT ranking

Absolute revenue growth 189% 2021–2024 period from FT Asia-Pacific 2026 list

Cost reduction 93% Transfer cost reduction in Hope for Haiti deployment

Beneficial ownership 53% Wang Chun Kai ownership of Class A on converted basis as of Dec 31, 2025

Market Reality Check

Price: $5.85 Vol: Volume 18,100 is near the...

normal vol

$5.85 Last Close

Volume Volume 18,100 is near the 20-day average of 18,871, suggesting typical trading interest ahead of this update. normal

Technical Shares at $5.85 trade below the 200-day MA of $8.01, far under the $90 52-week high but above the $5.154 52-week low.

Peers on Argus

No peers from the Technology / Software - Infrastructure group appeared in the m...

No peers from the Technology / Software - Infrastructure group appeared in the momentum scanner, indicating the move around OWLS was likely stock-specific rather than part of a broader sector rotation.

Historical Context

5 past events · Latest: Mar 23 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Mar 23	Growth recognition	Positive	+0.5%	Named to FT Asia-Pacific 500 list after strong multi-year revenue growth.
Mar 12	Humanitarian payments	Positive	-2.1%	Hope for Haiti adopted OwlPay Harbor for lower-cost cross-border aid transfers.
Feb 17	Product launch	Positive	+1.7%	Launched OwlPay Cash app targeting U.S. outbound remittance flows.
Jan 27	Strategic partnership	Positive	+2.4%	Partnership with Arta Global Markets to integrate trading and payment rails.
Jan 21	Investor conference	Positive	+0.2%	Company presentation at DealFlow Discovery Conference highlighting OwlPay.

Pattern Detected

Recent positive fintech and infrastructure milestones have usually seen modest positive price reactions, with one notable divergence on humanitarian-aid news.

Recent Company History

Over recent months, OBOOK/OwlTing has focused on scaling OwlPay-based infrastructure, including a remittance app launch, a digital asset on/off-ramp partnership, and a humanitarian-aid deployment. Recognition on the FT Asia-Pacific 500 list highlighted 42% CAGR (2021–2024) and 189% revenue growth. Most of these positive updates saw small price gains, except one negative reaction to the Hope for Haiti integration. Today’s Q1 2026 client wins continue the theme of building transaction volume and enterprise corridors on OwlPay Harbor.

Market Pulse Summary

This announcement highlights OwlTing’s transition from infrastructure build-out toward monetization,...

Analysis

This announcement highlights OwlTing’s transition from infrastructure build-out toward monetization, with Q1 2026 client wins tied to more than $5 billion in annual payment volume across those enterprises’ existing businesses. The current blended take rate of 25–35 bps, combined with licenses in 40 U.S. states, the EU, and Japan, frames the potential revenue scale. Investors may track activation of specific payment corridors and subsequent revenue disclosures to gauge how quickly contracted flows move onto OwlPay Harbor.

Key Terms

take rate, money transmitter licenses, virtual asset service provider license

3 terms

take rate financial

"The current blended take rate of 25 to 35 basis points across settlement"

Take rate is the share of a platform’s total transaction volume that the platform keeps as revenue, usually expressed as a percentage of the money that passes through it. Investors watch take rate because it shows how well a business converts activity into income — like a marketplace owner keeping a slice of every sale — and changes in the take rate can signal improving monetization, pricing power, or margin pressure.

money transmitter licenses regulatory

"Backed by Money Transmitter Licenses or their equivalent in 40 U.S. states"

Money transmitter licenses are official permissions granted by government authorities that allow a business to legally transfer money between people or entities. They ensure that companies handling financial transactions follow rules designed to protect consumers and prevent fraud. For investors, these licenses are important because they demonstrate that a business operates within legal boundaries and adheres to financial safety standards.

virtual asset service provider license regulatory

"a Virtual Asset Service Provider license in the European Union"

A virtual asset service provider license is an official regulatory permission that lets a company legally offer services related to cryptocurrencies and other digital tokens, such as trading, custody, or transfers. For investors it signals that the firm follows government rules for anti-fraud, money laundering controls and consumer protections—similar to a driver’s license showing someone is authorized and checked to operate—reducing regulatory and operational risk.

AI-generated analysis. Not financial advice.

First-quarter client wins across fintech, remittance, nonprofit, and cross-border B2B payments highlight OwlPay Harbor’s accelerating monetization path as regulated digital currency settlement infrastructure

ARLINGTON, Va., March 31, 2026 (GLOBE NEWSWIRE) -- OwlTing Group (NASDAQ: OWLS) (“OwlTing” or the “Company”), the operating brand of OBOOK Holdings Inc., a global fintech company, today announced that during the first quarter of 2026 it signed and onboarded over 20 enterprise clients onto OwlPay Harbor¹, including clients with executed agreements and others in active onboarding processes.

Based on information provided by clients at the time of engagement, the aggregate annual payment volume represented by these clients across their existing businesses surpasses USD $5 billion. This figure refers to payment volume generated by these clients' own businesses, and does not represent transaction volume currently processed by OwlTing.²

These client additions reflect first-quarter 2026 activity only. The scale of enterprise activity now aligned with OwlPay Harbor as a settlement infrastructure partner reflects a meaningful step in OwlTing's transition into the activation and monetization phase, as outlined in the Company's interim financial results for the first half of 2025, the stage at which infrastructure capacity built during the Company's multi-year build-out begins converting into production client relationships and utilization-driven revenue. As OwlTing continues to sign enterprise clients and activate payment corridors in subsequent quarters, the associated revenue opportunity is expected to build cumulatively over time.

The contracted client base spans a range of enterprise payment profiles. Named clients include Graph (Oval Technologies), a fintech platform enabling African businesses to settle cross-border B2B import payments from the United States; Dexpay, an Africa-focused fintech helping businesses and consumers on- and off-ramp international payments through regional telecom networks; and Hope for Haiti, a U.S.-based certified nonprofit delivering humanitarian aid with digital currency in Haiti in collaboration with the Stellar Development Foundation. Together with a broader group of remittance providers, fintech platforms, and cross-border B2B payment service providers, these clients represent active or onboarding payment corridors extending from the United States to Latin America, Africa, the Middle East, and the Asia-Pacific region.

“The breadth of this quarter's enterprise signings reflects both the infrastructure we have built and the demand we are seeing from the market,” said Darren Wang, Founder and CEO at OwlTing Group. “We believe regulated digital currency settlement is moving into the mainstream enterprise payment stack, and OwlPay Harbor is increasingly positioned to serve as a trusted infrastructure layer for that transition.”

OwlPay Harbor operates as a global digital currency payment infrastructure, enabling enterprise clients to convert fiat currency to regulated digital currencies, and settle cross-border transactions through major distributed ledger rails. The platform generally monetizes through transaction-based fees. The current blended take rate of 25 to 35 basis points across settlement, FX, and embedded compliance services³ is in line with global enterprise settlement benchmarks. The volume of payments already flowing through the businesses of the Company’s contracted clients illustrates the scale of revenue opportunity as those flows migrate onto OwlPay Harbor over time.

Backed by Money Transmitter Licenses or their equivalent in 40 U.S. states⁴, a Virtual Asset Service Provider license in the European Union, and an Electronic Payment Intermediary Service Provider license in Japan, OwlTing has established the regulatory footprint required to operate as a trusted, cross-border settlement layer for enterprises and financial institutions seeking regulated digital currency payment infrastructure at a global scale.

About OwlTing Group

OwlTing Group (NASDAQ: OWLS) is the operating brand of OBOOK Holdings Inc., a global fintech company founded 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 for 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 the 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.

Forward-Looking Statements

This announcement contains forward-looking statements within the meaning of applicable securities laws. These statements relate to future events or the Company’s future financial or operating performance and involve known and unknown risks and uncertainties that may cause actual results to differ materially from those expressed or implied by such statements. Forward-looking statements can often be identified by words such as “may,” “will,” “expect,” “anticipate,” “plan,” “intend,” “believe,” “estimate,” or similar expressions. These forward-looking statements are based on the Company’s current expectations and assumptions and speak only as of the date of this announcement. The Company undertakes no obligation to update any forward-looking statements, except as required by law. Investors are cautioned not to place undue reliance on these statements and are encouraged to review the risk factors described in the Company’s filings with the U.S. Securities and Exchange Commission, including its most recent Form 10-K and Form 10-Q.

OwlTing Group Media Relations
pr_office@owlting.com

OwlTing Group 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 The USD $5 billion figure cited in this press release represents the aggregate estimated annual payment volume processed by enterprise clients onboarded onto, or actively engaged in formal onboarding processes with, OwlPay Harbor, across their own existing businesses, based on information provided by clients at the time of engagement. It reflects the scale of enterprise activity that has selected OwlPay Harbor as a settlement infrastructure partner. This figure does not represent transaction volume processed through OwlPay Harbor, guaranteed revenue to OwlTing Group, or a financial forecast of any kind. It should not be used to derive revenue projections or financial performance estimates.
³ The stated blended take rate of 25 to 35 basis points reflects the Company's current standard enterprise pricing model across settlement, FX, and embedded compliance services, and is subject to change without notice. It does not constitute a commitment regarding future revenue, profitability, or transaction volume. Actual economics will vary based on individual client agreements, product mix, and platform utilization.
⁴ As of March 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/d2ce077d-9866-4ddb-ab78-8bdeaa1fa4fb

FAQ

What did OwlTing (OWLS) announce about OwlPay Harbor client wins in Q1 2026?

OwlTing announced signing and onboarding over 20 enterprise clients during Q1 2026. According to the company, those clients represent an aggregate annual payment volume exceeding $5 billion across their existing businesses, reflecting initial monetization progress.

Does the reported >$5 billion payment volume mean OwlTing processed that volume in Q1 2026?

No — the >$5 billion figure represents clients' existing business volumes, not transactions processed by OwlTing. According to the company, it reflects the scale of potential flows if clients migrate to OwlPay Harbor over time.

How does OwlPay Harbor monetize transactions for OWLS shareholders?

OwlPay Harbor generally charges transaction-based fees with a blended take rate of 25–35 basis points. According to the company, that take rate covers settlement, FX, and embedded compliance services on enterprise flows.

What regions and client types did OWLS say the new OwlPay Harbor clients cover?

The contracted clients span fintech, remittance, nonprofit, and cross-border B2B payments across the United States to Latin America, Africa, Middle East, and Asia-Pacific. According to the company, named clients include Graph, Dexpay, and Hope for Haiti.

Are OwlTing’s licenses sufficient for global settlement services as claimed in the Q1 2026 update?

OwlTing cites a regulatory footprint including money transmitter licenses in 40 U.S. states, an EU VASP license, and a Japan Electronic Payment Intermediary license. According to the company, these support cross-border regulated digital currency settlement operations.

What is the near-term revenue implication of OwlTing's Q1 2026 client announcements for OWLS?

Near-term revenue depends on the pace at which client payment flows migrate to OwlPay Harbor. According to the company, signing is an early monetization step with revenue expected to build cumulatively over subsequent quarters.