Oobit
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.
- Company typePrivate
- Founded2017
- HeadquartersSingapore, Singapore
- Headcount51–100
- GTM typeB2B and B2C
- OfferingSoftware
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.
Oobit firmographics
Firmographics- 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
Oobit industry classification
Industry- 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
Where Oobit is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices3 records
Markets served
Oobit business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Operations, Personnel, Marketing or Sales, Infrastructure
Revenue model
- B2B stablecoin payouts: Flat fee of 0.05% on business stablecoin payouts, providing low-cost cross-border settlement for SMEs.
- 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.
- Cashback interchange economics: Cashback rewards of up to 10% on eligible transactions imply interchange-based revenue share funded by merchant acquirer/issuer economics.
- 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.
- 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).
- 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
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Free account + per-transaction service fees |
| Transaction based/ take rate | Pay-as-you-go | B2B stablecoin payouts at 0.05% flat |
| Other | Pay-as-you-go | Ambassador creator payouts |
Go-to-market motion5 records
Distribution channels1 record
Marketing channels9 records
Oobit product offering
Product offeringCore 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.
Companies that use Oobit
Customer profileNamed customers5 records
Segments6 records
Ideal customer profiles4 records
Oobit technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration22 records
AI capability4 records
Feature7 records
Oobit partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered flagship / core and core.
- VCI Global (NASDAQ: VCIG)flagship / coreStrategic 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 GroupcoreAppointed 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.
- PlasmacorePartnership 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 / coreDePay 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 ChaincoreBNB 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)coreIntegration 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)coreInfrastructure 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 / coreBanking-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)coreAgent 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
Oobit competitors and assessment
Company assessmentEmerging 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
Oobit social profiles
Digital presenceOobit compliance and trust
Trust signalCompliance5 records
Oobit financial estimates
Financial estimateRevenue estimate
Valuation estimate
Oobit leadership team
Management profileNumber of profiles
Profiles12 records
Oobit subsidiaries and ownership
Company hierarchySubsidiaries2 records
Oobit funding detail
Funding detailFunding overview
Funding rounds2 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Oobit M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Oobit
What does Oobit do?
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.
Is Oobit a public or private company?
Oobit is a private company. It is classified as venture growth investor backed and is currently operating.
When was Oobit founded?
Oobit was founded in 2017. It employs 51 to 100 people.
Where is Oobit based?
Oobit is headquartered in Singapore, Singapore, in the Asia region.
How does Oobit make money?
Six revenue lines are on record. B2B stablecoin payouts are the primary driver. The others are service transaction fees, cashback interchange economics, corporate Cards and Agent Cards (B2B card issuing), plug and Pay / API licensing and FX/crypto-to-fiat conversion spread.
Who are Oobit's main competitors?
Emerging players on record are MoonPay and Phantom. Direct peers are Bybit, BitPay, Crypto.com, Gnosis Pay, Wirex, Nexo and Ether.fi Cash. Coinbase is listed as a broad incumbent.
Does Oobit have an API?
Yes. The Terms of Use reference "App, website, API, or any other Oobit medium" as part of the App. Plug and Pay is described as a turnkey embedded payments solution enabling wallet providers to offer real-world spending within their apps through a single integration, covering card issuing, settlement, KYC, AML, and risk workflows. No public API documentation URL or SDK language details are explicitly listed in the source content. Developer documentation is at www.oobit.com/plug-and-pay.
What industry is Oobit in?
Oobit's product category is Cryptocurrency Payments. Its primary akta.pro industry code is FSADAIAA, Crypto Payment Gateways & Checkout APIs, with a secondary code of FSADAIAC, Crypto Card Issuing & Card Programs (Debit/Credit/Prepaid). Its NAICS code is 522210 and its SIC code is 6200.