Acquiring Company
Titan Acquisition
Acquired Company
OpenPayd
New York
LondonReal EstateFinancial ServicesPaymentsFinanceFintechLendingDescription
Titan Acquisition Corp. has announced a merger agreement with OpenPayd, aiming to publicly list the crypto-payments firm on Nasdaq. The deal values OpenPayd at approximately $1.1 billion, with expected proceeds up to $276 million. This merger highlights OpenPayd's growth in the fintech sector, despite broader challenges in the crypto market. The final closing of this transaction is anticipated in the fourth quarter of 2026.
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M&A Insights
Based on deal dataFrequently asked
Who acquired OpenPayd?
OpenPayd was acquired by Titan Acquisition, based in New York. The deal was reported on June 1, 2026. Titan Acquisition Corp. is a special purpose acquisition company (SPAC) focused on identifying and merging with companies in growing industries. It trades on Nasdaq under the ticker TACHU. Titan Acquisition is publicly traded (TACH) and operates in Real Estate.
When did Titan Acquisition acquire OpenPayd?
Titan Acquisition's acquisition of OpenPayd was reported on June 1, 2026. Titan Acquisition Corp. has announced a merger agreement with OpenPayd, aiming to publicly list the crypto-payments firm on Nasdaq. The deal values OpenPayd at approximately $1.1 billion, with expected proceeds up to $276 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does OpenPayd do?
OpenPayd is a pioneering platform for global payments and financial services. It provides payment solutions across more than 180 countries and has an annualized transaction volume exceeding $240 billion. It is publicly traded (OP), operating in Financial Services, and is based in London.
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