OwlTing Group partners with Credible Finance for cross-border payments, enhancing services in China and exploring India.
Quiver AI Summary
OwlTing Group has announced a partnership with Credible Finance to enhance cross-border payment capabilities, beginning with a corridor into China and plans to expand to India. This collaboration aims to broaden payment options for customers of both companies as OwlTing’s OwlPay Harbor platform continues to experience significant growth, achieving 51 enterprise clients and doubled transaction processing each month since March 2026. The partnership is expected to facilitate compliant, near real-time payouts into major markets while enhancing access for global internet businesses. Both companies emphasize the importance of interconnected financial networks that offer regulatory compliance and speed in cross-border transactions.
Potential Positives
- OwlTing has entered a significant cross-border payment partnership with Credible Finance, allowing for new payment corridors and expanding their reach into major markets like China and potential access to India.
- The company's enterprise client base has grown over 40% in a short period, indicating strong demand and business traction for its OwlPay Harbor payment platform.
- OwlPay Harbor is experiencing accelerated transaction growth, with a compound monthly growth rate of 103%, demonstrating increasing enterprise reliance on their cross-border payment services.
- OwlTing was ranked among the top 500 fastest-growing companies in the Asia-Pacific region, reflecting strong market performance and growth potential.
Potential Negatives
- The press release includes a significant reliance on forward-looking statements which may not materialize, indicating uncertainty in future performance and potentially leading to investor skepticism.
- While the partnership with Credible Finance appears promising, the press release lacks specific details on the financial terms or expected revenue impacts from the partnership, which may leave investors questioning its immediate benefits.
- There is a mention of ongoing regulatory compliance efforts in multiple jurisdictions, indicating potential operational complexities and risks that could impact future performance.
FAQ
What is the OwlTing and Credible Finance partnership about?
The partnership focuses on cross-border payments, opening new corridors for customers, starting with China and planned expansion to India.
How many enterprise clients does OwlPay Harbor currently have?
As of May 31, 2026, OwlPay Harbor has 51 enterprise clients, representing significant growth from the previous year.
What is the primary benefit of the OwlTing and Credible partnership?
The partnership enables customers to access wider cross-border payment options in key Asian markets, enhancing payment speed and regulatory compliance.
What are the future goals of Credible Finance?
Credible Finance aims to process $5 billion in annual payments by 2026 while expanding its global payment network and infrastructure.
What distinguishes OwlPay Harbor's payment solutions?
OwlPay Harbor offers a licensed infrastructure that ensures regulated and efficient cross-border payment transactions for enterprises.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$OWLS Insider Trading Activity
$OWLS insiders have traded $OWLS stock on the open market 2 times in the past 6 months. Of those trades, 2 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $OWLS stock by insiders over the last 6 months:
- CHUN KAI WANG (Chief Executive Officer) has made 2 purchases buying 2,444 shares for an estimated $13,976 and 0 sales.
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$OWLS Hedge Fund Activity
We have seen 2 institutional investors add shares of $OWLS stock to their portfolio, and 4 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MORGAN STANLEY added 147,654 shares (+199.3%) to their portfolio in Q1 2026, for an estimated $884,447
- CITIGROUP INC added 4,426 shares (+inf%) to their portfolio in Q1 2026, for an estimated $26,511
- UBS GROUP AG removed 2,540 shares (-73.9%) from their portfolio in Q1 2026, for an estimated $15,214
- PENSERRA CAPITAL MANAGEMENT LLC removed 646 shares (-91.5%) from their portfolio in Q1 2026, for an estimated $3,869
- BANK OF AMERICA CORP /DE/ removed 427 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $2,557
- GEODE CAPITAL MANAGEMENT, LLC removed 108 shares (-0.3%) from their portfolio in Q1 2026, for an estimated $646
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Full Release
ARLINGTON, Va., June 15, 2026 (GLOBE NEWSWIRE) -- OwlTing Group (NASDAQ: OWLS) (“OwlTing” or the “Company”), the operating brand of OBOOK Holdings Inc., a global fintech company, today announced a cross-border payment partnership with Credible Finance (“Credible”), a U.S. payment orchestration platform specializing in global payouts. Under the partnership, which is signed and now in onboarding, the two companies will open new payment corridors for each other’s customers, starting with China, with plans to explore a corridor into India. The agreement adds a major platform to OwlPay Harbor, OwlTing’s cross-border payment and settlement infrastructure 1 , during a period of rapid growth that has taken its enterprise client base past 50.
Enterprise clients on OwlPay Harbor reached 51 as of May 31, 2026, up more than 40% from the 36 enterprise clients the Company reported in its full-year 2025 results on April 29, 2026. Completed transaction orders processed through OwlPay Harbor have doubled on average every month since March 2026, a compound monthly growth rate of 103% over the period. 2 The acceleration reflects enterprises moving a growing share of recurring cross-border payment activity through OwlPay Harbor as part of their daily operations.
Credible runs an open payments stack that moves money for internet-native businesses, including fintechs, Web3 platforms, AI startups, marketplaces, creator platforms, and global commerce businesses, across more than 40 markets. OwlPay contributes the licensed infrastructure that moves those flows through regulated channels. In the first corridor, now in onboarding, Credible will use OwlPay Harbor to settle payouts into China. In the second, OwlPay plans to tap Credible’s network to open a path into India, one of the world’s largest payment-receiving economies, with near real-time settlement capabilities. Together, the partnership is designed to give the customers of both platforms wider cross-border reach.
“OwlPay Harbor is gaining traction because enterprises increasingly need cross-border rails that combine reach, speed, and regulatory discipline,” said Darren Wang, Founder and CEO at OwlTing Group . “By connecting with Credible, we expect to extend our clients’ access to important Asian markets while giving Credible’s customers a regulated path into China. This is the network model we believe will define the next stage of global payments, which is licensed platforms connecting to one another so money can move more reliably across borders.”
“Cross-border payments are evolving toward interconnected financial networks that can move money globally while remaining deeply localized from a regulatory and settlement perspective,” said Shrikant Bhalerao, Co-Founder and CEO at Credible Finance . “Partnering with OwlPay strengthens our ability to support compliant payout flows into key Asian markets while expanding access for global internet businesses that increasingly expect faster settlement, broader coverage, and programmable financial infrastructure.”
Credible reports more than US$641 million in total payments volume processed to date .3 The company has set a public target of US$5 billion in annual processed volume for 2026 and is building toward a financial operating system for internet-native businesses, with new corridors, currencies, and licenses planned through 2030. Its platform reaches more than 40 markets, 37 currencies, and 86 payment methods through a single integration, with same-day settlement.
OwlPay Harbor anchors that reach in regulated settlement. OwlTing’s U.S. coverage spans 42 states 4 , along with a Virtual Asset Service Provider (VASP) registration in Poland and an Electronic Payment Service Operator (Bank API license) in Japan, giving enterprises one licensed framework for moving funds across borders. As more platforms connect to OwlPay Harbor, OwlTing aims to position the platform as a shared settlement layer for enterprise cross-border payments at scale.
OwlPay Harbor sits within OwlTing’s three-layer payment infrastructure, alongside OwlPay Agent Wallet, which enables AI agents to pay, and OwlPay Agent Checkout, which settles purchases made by AI agents acting within authorized parameters. As commerce increasingly involves AI agents transacting on behalf of businesses and consumers, OwlTing is building the licensed rails for that activity to settle in near real time. Partnerships that connect payment networks, such as this one with Credible, carry those rails to more markets and customers worldwide.
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 2026, OwlTing was named to the Financial Times and Statista “High-Growth Companies Asia-Pacific 2026” list, ranking No. 226 among the top 500 fastest-growing companies in the region with a 42% CAGR. In 2025, OwlTing was ranked among the top 2 global players for the "Enterprise & B2B" category in the digital currency sector by CB Insights' statistics. 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 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
.
About Credible Finance
Credible Finance is a global payment orchestration platform building an open payment stack for internet-native businesses. Through a single integration, Credible enables cross-border collections, payouts, treasury movement, and settlement across more than 40 markets, 37 currencies, and 86 payment methods. The company supports fintechs, web3 platforms, marketplaces, creator platforms, AI startups, and global commerce businesses with fast, compliant, and programmable payment operations designed for the modern internet economy. Credible combines fiat payment infrastructure with digital currency-native settlement rails to deliver same-day settlement, global coverage, and scalable treasury movement for modern businesses. Credible Finance has processed more than US$641 million in total payment volume to date and continues to expand its global settlement network through new corridors, partnerships, and licensing initiatives. For more information, visit
www.credible.finance
.
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.
Third-Party Information
This press release may contain references to third-party companies, products, services, or research publications. Such references are provided for informational purposes only and do not constitute an endorsement, sponsorship, or recommendation by the Company unless expressly stated. Operational, payment coverage, and roadmap figures attributed to Credible Finance are as reported by Credible Finance and have not been independently verified by the Company.
Product Availability
Certain products or services described in this press release may not be available in all jurisdictions and may be subject to regulatory approvals and compliance with applicable laws and regulations.
OwlTing Group Media Relations
[email protected]
OwlTing Group Investor Relations
[email protected]
Credible Finance Media Relations
[email protected]
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/8945a4c5-f7a4-4c28-8ef3-f6600891f566
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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 Operational metrics are unaudited and derived from the Company’s internal records. “Orders” refers to completed transaction orders processed through OwlPay Harbor; order growth is measured from March 1 through May 31, 2026, and the compound monthly growth rate is calculated over that period. The 36 enterprise clients figure was reported in the Company’s full year 2025 results announcement dated April 29, 2026, representing enterprise clients with executed commercial agreements as of that date; the 51 figure is as of May 31, 2026 and is presented on the same basis, including clients with an executed Master Services Agreement (MSA) and/ or fee schedule with the Company. These figures are operational indicators and are not measures of, and may not be indicative of, the Company’s revenue or financial performance.
3 Total payments volume as reported by Credible Finance on June 9, 2026. Please see https://blog.credible.finance/blog/641m-open-payment-stack . Roadmap and payment coverage figures are as published by Credible Finance at https://credible.finance/about .
4 As of June 15, 2026, OwlTing Group has obtained MTL licenses or their equivalent in 41 U.S. states and is applying for licenses in additional states. The Company has now expanded its regulatory footprint in 42 U.S. states. For a list of U.S. licenses obtained, please see https://www.owlting.com/owlpay/licenses?lang=en .