The reported net loss of $2.8 million is entirely attributable to $5.8 million of one-time transaction costs relating to the proposed business combination, a company spokesperson said in emailed comments.
Dimitrova said the U.S. offers opportunities in both cross-border payments and stablecoin services.
She described delays to U.S. digital-asset market-structure legislation as a setback, but said they had not changed OpenPayds decision to expand there.
More deals on the agenda
Acquisitions may play a larger role as the company enters new markets.
OpenPayd is interested in businesses that would add licenses or technology and allow it to launch faster than building those capabilities from scratch, Dimitrova said.
A listing would give it both access to capital and publicly traded shares to use in deals and partnerships. The company is also considering a private placement ahead of the merger to secure funding for its growth plans, she said.
Under the announced terms of the Titan deal, OpenPayds implied pro forma equity value could reach $1.1 billion.
“Few markets can match the energy and ambition of the U.S.,” Dimitrova said. “We want to harness that momentum to take OpenPayd from European success to global scale.”
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