OwlTing Targets $1 Billion OwlPay Volume in 2026 as 80 Enterprise Deals Move Toward Production
Updated
Updated · Yahoo Finance · Aug 21
OwlTing Targets $1 Billion OwlPay Volume in 2026 as 80 Enterprise Deals Move Toward Production
3 articles · Updated · Yahoo Finance · Aug 21
Summary
$1 billion in cumulative 2026 payment volume is OwlTing's target as it shifts OwlPay from infrastructure buildout to commercial cross-border settlement, with about 80 signed enterprise relationships at varying onboarding and integration stages.
First-half results still reflected legacy Taiwan payments, hospitality software and e-commerce operations: revenue was broadly flat at $3.87 million, while net loss widened to $18.82 million.
$10.4 million in non-cash share-based compensation and $2.5 million in finance costs weighed on earnings, and OwlTing ended June with $10.19 million in cash plus $1.67 million in restricted cash.
Visa Direct activity is expected to start in the fourth quarter, while OwlPay's Harbor network expands across Japan, Taiwan and other regional markets using multiple settlement rails including Circle's payments network.
Management said 2026 began with Circle Payments Network activity in pilot mode, but transaction flows and execution quality have improved as more customers move into live production.
With massive transaction volumes projected for 2026, when will OwlTing's stablecoin settlement actually generate enough revenue to erase its mounting losses?
Could OwlTing's reliance on stablecoins to bypass traditional banking rails become the new standard for global enterprise payments?
As OwlPay scales globally, will strict regulatory hurdles eventually throttle its rapid transition from crypto to fiat?