Oobit

What Oobit does

Oobit is a Singapore-headquartered, non-custodial crypto payments platform that enables digital asset holders to spend cryptocurrencies directly from self-custody wallets at over 150 million Visa-accepting merchants globally. Founded in 2017 and operating through nine live markets including Brazil, Argentina, Chile, Colombia, South Africa, Thailand, the Philippines, and the UAE, the company targets three primary customer segments: individual crypto holders seeking everyday spending utility, corporate treasury/finance teams needing stablecoin-funded corporate cards, and AI agent operators requiring programmable spend infrastructure. The platform's core technological differentiator is the DePay decentralized payment layer, which uses just-in-time atomic swap infrastructure to convert crypto to fiat at the moment of payment rather than requiring pre-funded custodial balances.

The product portfolio spans the consumer Oobit mobile app (Crypto Card, Tap to Pay via NFC, Pay Friends P2P, Send Crypto to Any Bank via SEPA/ACH/SPEI), the business layer (Corporate Cards and Agent Cards for AI-driven spend), and Plug and Pay, a turnkey embedded payments API for wallet providers. The Agent Cards product, launched April 2026, integrates with OpenAI, Claude, AutoGen, LangChain, and Stripe to enable autonomous AI agents to execute payments from USDT treasuries with server-side category-level controls. Multi-asset support covers BTC, ETH, XRP, SOL, ADA, DOGE, USDT, and chain-specific tokens across BNB Chain, TON, and VeChain.

Revenue is generated through a usage-based model with free account creation and per-transaction fees, including interchange-funded cashback economics (up to 10%), FX/crypto-to-fiat conversion spreads at point of payment, a flat 0.05% fee on B2B stablecoin payouts, and API licensing through Plug and Pay. Go-to-market combines direct-to-consumer mobile apps with sales-led B2B motions for Corporate/Agent Cards and channel partnerships with regional banking-as-a-service providers such as Pomelo in Brazil. The company has raised $25M in Series A funding (February 2024, led by Tether with CMCC Global, 468 Capital, and Anatoly Yakovenko) and executed a separate $100M OOB token transaction with VCI Global in November 2025.

Name

Oobit

Legal name

Oobit Tecnologia LTDA

Website

https://oobit.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

51–100 employees

Short description

Oobit is a Singapore-based non-custodial crypto payments platform that lets users spend digital assets directly from self-custody wallets at 150M+ Visa merchants globally, serving individual crypto holders, businesses, and AI agents through mobile apps, corporate cards, and embedded payment APIs.

Ownership category

akta.pro rank

Product category

Cryptocurrency Payments

NAICS

Credit Card Issuing (522210)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Crypto Payment Gateways & Checkout APIs (FSADAIAA)

akta.pro secondary industries

Crypto Card Issuing & Card Programs (Debit/Credit/Prepaid) (FSADAIAC), B2B Crypto Payouts, Mass Payments & Treasury Disbursements (FSADAIAF), Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB)

Keywords

• Crypto payments platform
• Non-custodial wallets
• Stablecoin spending
• Embedded payments API
• Crypto Visa cards

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Technology or R&D, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. B2B stablecoin payouts: Flat fee of 0.05% on business stablecoin payouts, providing low-cost cross-border settlement for SMEs.
2. Service transaction fees: Fees on Tap to Pay purchases, crypto-to-bank transfers, conversions, and other services as disclosed in-app at the time of transaction; account creation is free.
3. Cashback interchange economics: Cashback rewards of up to 10% on eligible transactions imply interchange-based revenue share funded by merchant acquirer/issuer economics.
4. Corporate Cards and Agent Cards (B2B card issuing): Stablecoin-funded corporate and AI-agent Visa cards with server-side spend controls; targeted at finance teams and enterprise autonomous AI operations.
5. Plug and Pay / API licensing: Embedded crypto payments infrastructure licensed to wallet providers via Oobit's regulated payments stack (card issuing, settlement, KYC, AML, risk workflows).
6. FX/crypto-to-fiat conversion spread: Implicit spread on real-time crypto-to-fiat conversion at point of payment, executed via DePay atomic swaps.

Pricing tiers

Go-to-market motion5 records

Distribution channels1 record

Marketing channels9 records

Core offering

Oobit operates a non-custodial crypto payments platform that lets users spend digital assets directly from self-custody wallets at Visa-accepting merchants via its DePay just-in-time atomic swap layer and Tap to Pay (Apple Pay/Google Pay) rails. Beyond the consumer mobile app (Crypto Card, Send Crypto to Any Bank, Pay Friends), Oobit sells B2B offerings including Corporate Cards funded by stablecoins, Agent Cards for autonomous AI-agent spending, and Plug and Pay, a turnkey embedded payments SDK/API for wallet providers covering card issuing, settlement, KYC, AML, and risk.

Product overview

Oobit is a unified non-custodial crypto payments platform offering a single mobile app that connects self-custody wallets to real-world spending. The core personal offering centers on Crypto Card (virtual Visa card for in-store, online, and Tap & Pay use) and DePay (direct wallet-to-merchant decentralized payment layer), supported by Send Crypto To Any Bank (fiat off-ramp) and Pay Friends (P2P transfers). The business layer adds Corporate Cards for stablecoin-powered treasury spending and Agent Cards, virtual Visa cards purpose-built for autonomous AI agents. Developers are served by Plug and Pay, a turnkey embedded payments API/integration that lets third-party wallet providers plug into Oobit's regulated stack (card issuing, settlement, KYC/AML, risk). The platform spans supporting assets (Bitcoin, Ethereum, Solana, XRP, Cardano, Dogecoin, USDT), global rails (Visa, Apple Pay, Google Pay, PIX, SEPA, ACH, SPEI), and the proprietary OOB utility token.

Differentiator

Problem solved

Functional benefit

Brands

• DePay: Oobit's decentralized payment layer enabling crypto payments directly from self-custodial wallets via just-in-time atomic swap infrastructure; powers Plug & Pay.
• Agent Cards
• Plug and Pay
• OOB
• Voobit

Products and services

• Crypto Card A virtual Visa card enabling self-custody wallet holders to spend supported cryptocurrencies instantly at millions of stores globally via Visa acceptance, with Tap & Pay (Apple Pay/Google Pay) support and up to 10% cashback on eligible transactions. Targeted at individual crypto holders who want everyday spending without giving up custody.
• Send Crypto To Any Bank Off-ramp service letting users send supported digital assets (BTC, ETH, XRP, SOL, ADA, DOGE, stablecoins) from self-custody wallets and receive local fiat currency directly into bank accounts via SEPA, ACH, SPEI, and other local payment networks across 180+ countries. Built for individuals and businesses needing crypto-to-fiat settlement without correspondent banking.
• DePay Decentralized payment layer that lets users pay directly from their self-custody wallet without depositing funds first; powers Oobit's just-in-time atomic swap infrastructure and Tap & Pay experiences. Now operated as a wholly-owned subsidiary of Oobit connecting digital asset wallets to Visa and other payment rails.
• Corporate Cards Corporate Visa cards funded by stablecoins that enable businesses to manage global treasury spending via Visa acceptance worldwide. Designed for businesses, finance teams, and cross-border operations needing stablecoin-funded corporate spend with global Visa reach.
• Agent Cards Virtual Visa cards funded directly from a company's USDT stablecoin treasury that give AI agents real spending power with server-side finance-grade controls, including category-level restrictions, hard transaction caps, and real-time transaction logging. Integrates with OpenAI, Claude, AutoGen, and LangChain frameworks, and connects to Stripe for payment processing. Targeted at KYB-verified businesses running autonomous AI systems.
• Plug and Pay Turnkey embedded crypto payments solution that lets third-party wallet providers offer real-world spending within their apps via a single API integration. Covers card issuing, settlement, KYC, AML, and risk workflows; supports Apple Pay and Google Pay over Visa rails across 100+ countries. Built for wallet providers that want to offer real-world spending without managing licenses or compliance operations themselves.

Named customers5 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration22 records

AI capability4 records

Feature7 records

Partnerships

Nine partnerships are on record, tiered flagship / core and core.

• VCI Global (NASDAQ: VCIG)flagship / coreStrategic or Co-development PartnerStrategic partnership to enable crypto-to-fiat settlement for merchants across ASEAN and emerging markets. Jointly developing 'Voobit', a next-generation settlement rail operating independently of Visa and Mastercard, with rollout planned for early 2026 in Malaysia, Singapore, and Indonesia. VCI Global will support merchant onboarding, enterprise integrations, and regional expansion, targeting the US$3.12 trillion global payments market.
• Katashe GroupcoreStrategic or Co-development PartnerAppointed as Oobit's strategy, research, and ecosystem innovation partner. The partnership focuses on market insights and research around how Web2 platforms across Asia can explore digital asset user experiences where established global payment networks intersect with wallet technologies.
• PlasmacoreTechnology or IntegrationPartnership to supercharge stablecoin spending across 100M+ merchants worldwide. Integration uses Plasma's stablecoin infrastructure combined with DePay's decentralized payment layer to facilitate fast, low-fee transactions with cashback benefits; supports Oobit's expansion including entry into Africa.
• DePayflagship / coreTechnology or IntegrationDePay is Oobit's decentralized payment layer powering just-in-time atomic swaps that enable users to spend directly from self-custody wallets. Co-branded on the App Store ('oobit-depay') and featured in Oobit's product navigation.
• BNB ChaincoreTechnology or IntegrationBNB Chain teamed up with Oobit to enable everyday purchases (e.g., coffee) with stablecoins, making crypto transactions more practical and affordable through real-life payment integration.
• TON (The Open Network)coreTechnology or IntegrationIntegration enabling users to use TON and USDt-TON with 100M+ retailers globally through the Oobit app, with Apple Pay-style Tap & Pay experience for USDt-TON and TON.
• Distributed Technologies Research (DTR)coreTechnology or IntegrationInfrastructure partner powering Oobit's crypto-to-bank transfer service. DTR handles fiat conversion and settlement after receiving USDT equivalents from Oobit's crypto-to-USD conversion, connecting to SEPA, ACH, and SPEI rails. DTR has entered an agreement to be acquired by Bakkt.
• Pomelo Instituição de Pagamento LTDAflagship / coreStrategic or Co-development PartnerBanking-as-a-Service (BaaS) infrastructure partner contracted by Oobit for Brazilian operations. Financial institution supervised by the Central Bank of Brazil (BCB), registered under CNPJ 44.128.548/0001-97; provides the regulatory backbone for Brazilian Services under BCB Resolution No. 80/2021.
• OpenAI / Claude / AutoGen / LangChain (AI frameworks)coreTechnology or IntegrationAgent Cards launched with integration compatibility for AI frameworks from OpenAI, Claude (Anthropic), AutoGen, and LangChain, enabling AI agents to execute payments programmatically with KYB compliance.

Scale indicators16 records

Recent moves11 records

Expansion highlights7 records

Emerging players

• MoonPay: Crypto payments infrastructure provider powering on-ramps, off-ramps and card issuance for wallets and apps — comparable to Oobit's Plug and Pay API offering and to its crypto-to-bank transfer infrastructure.
• Phantom: Self-custody crypto wallet with growing card/spend features; both a potential Plug and Pay customer and an adjacent emerging player in the same non-custodial wallet-to-spend niche Oobit targets.

Direct peers

• Bybit: Global crypto exchange operating the Bybit Card for everyday spending; directly comparable on consumer crypto card and is named alongside Oobit in VentureBurn's 2026 crypto card rankings.
• BitPay: Established crypto payments processor and card provider enabling merchants and consumers to transact in crypto; comparable on the merchant acceptance and consumer card dimensions of Oobit's business.
• Crypto.com: Major crypto card issuer (Visa) with global consumer app and spending rewards; competes with Oobit across consumer card, cashback rewards and crypto-to-fiat spending.
• Gnosis Pay: Non-custodial crypto-to-fiat Visa debit card built on Gnosis Chain — explicitly co-listed with Oobit in CoinGecko's 2026 Switzerland crypto card buyer's guide as a non-custodial alternative; closest architectural peer.
• Wirex: Crypto-powered debit card and payments app with multi-currency wallets and in-store/online spending — closest direct competitor to Oobit's Crypto Card + Tap to Pay proposition across similar emerging-market corridors.
• Nexo: Crypto lending/credit platform issuing the Nexo Card (Visa) for everyday spending against crypto collateral — directly comparable crypto-card product and is named alongside Oobit in VentureBurn's 2026 crypto card rankings.
• Ether.fi Cash: Non-custodial crypto card product from the ether.fi restaking ecosystem — co-listed alongside Oobit in CoinGecko's 2026 non-custodial crypto card category; competes for the same security-conscious self-custody user.

Broad incumbents

• Coinbase: Largest US-regulated crypto exchange offering the Coinbase Card (Visa) for everyday spending; a broader incumbent with deeper liquidity and regulatory footprint than Oobit, but a directly overlapping card/payments use case.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/oobit
• YouTubeyoutube.com/@oobit
• Facebookfacebook.com/oobit
• LinkedInlinkedin.com/company/oobit
• Instagraminstagram.com/oobitapp

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries2 records

Funding overview

Funding rounds2 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Oobit