OwlTing Group Secures $10M Convertible Investment, Potential for $50M Total Funding

Fintech firm OwlTing plans to use proceeds to expand global payment infrastructure and pursue strategic growth initiatives.

Apr. 3, 2026 at 4:18am

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An extreme close-up of intricate gears, levers, and other industrial banking machinery, conceptually representing the secure, powerful financial infrastructure that enables digital payment platforms like OwlPay to operate.OwlTing's new funding agreement provides the fintech firm with the capital resources to expand its global payment infrastructure and solidify its position as a leading player in the digital currency economy.Arlington Today

OwlTing Group (NASDAQ: OWLS), a global fintech company, has entered into a $10 million convertible security agreement with Lind Global Asset Management XV LLC, a New York-based investment fund. The agreement also provides OwlTing with access to up to $50 million in total funding, including the initial $10 million and up to $40 million in additional follow-on investments, subject to mutual consent.

Why it matters

This funding will support OwlTing's continued expansion of its OwlPay global payment infrastructure, regulatory licensing, and strategic growth initiatives. The company aims to leverage the increased access to capital to further scale its operations and solidify its position as a leading player in the digital payments space.

The details

The convertible security has a face value of $11.5 million, reflecting a 15% original issue discount, and bears no interest. The investor can convert the face value into OwlTing's common stock at a fixed price of $9 per share, representing a premium to the company's recent trading price. Additionally, the investor can convert up to $821,429 per month into common shares at a price equal to 92.5% of the two lowest daily volume-weighted average prices during the 10 trading days prior to conversion, subject to volume limitations. OwlTing also has the right to buy back the outstanding face value at a 5% premium.

  • The closing of the initial $10 million investment is expected to occur on or around April 6, 2026, subject to satisfaction of customary closing conditions.
  • The company is required to file a resale registration statement no later than 45 days from closing and to have such registration statement declared effective no later than 120 days from closing.

The players

OwlTing Group

A global fintech company that operates a diversified ecosystem across payments, hospitality, and e-commerce. The company's mission is to use distributed ledger technology to provide businesses with more reliable and transparent data management, to reinvent the global flow of funds for businesses and consumers, and to lead the digital transformation of business operations.

Lind Global Asset Management XV LLC

An investment fund managed by The Lind Partners, a New York-based institutional fund manager, that provided the $10 million convertible investment to OwlTing Group.

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What they’re saying

“We believe OwlTing has built something genuinely differentiated — 40 state money transmission licenses, Visa Direct integration, and a multi-billion-dollar transaction pipeline across North America, Asia-Pacific, and Africa. This is exactly the kind of binary-event growth story we look for: a company with the regulatory infrastructure in place and the capital structure to execute. We're delighted to support Darren and the team as they scale OwlPay into a leading global payments platform.”

— Jeff Easton, Founder and Managing Partner at The Lind Partners

“This partnership with Lind Partners provides OwlTing with the financial flexibility to execute our next phase of global expansion. We have structured this agreement to balance access to capital with shareholder protection, including a 120-day conversion moratorium and multiple tools to actively manage dilution. With a growing multi-billion-dollar transaction pipeline, we are well positioned to scale our global payment infrastructure.”

— Darren Wang, Founder and CEO at OwlTing Group

What’s next

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The takeaway

This funding agreement highlights OwlTing's ambitious growth plans and the company's focus on expanding its global payment infrastructure and regulatory footprint. The structured deal terms aim to balance access to capital with shareholder protection, positioning OwlTing for continued success in the rapidly evolving digital payments landscape.