Oobit

Oobit is a crypto payments infrastructure company founded in 2019 and headquartered in Singapore. The company bridges the gap between digital assets and everyday spending, enabling cryptocurrency holders to pay directly from self-custody wallets at over 150 million merchants worldwide where Visa is accepted. Backed by a $25M Series A round led by Tether in 2024, Oobit has established itself as a leading player in the real-world crypto payments space.

Core Products/Services

Oobit operates two primary business lines:

Consumer Applications — The Oobit app (iOS and Android, rated 4.8/4.7 stars) enables users to spend cryptocurrency at traditional merchants via a crypto card, direct wallet payments (DePay), and cross-border stablecoin transfers to bank accounts. DePay is a wallet-native solution supporting Ethereum, BNB Smart Chain, Solana, and Polygon networks with gas abstraction and cashback rewards.

B2B Infrastructure (Plug and Pay / Stablecoin Payouts) — Oobit's core enterprise offering is the Plug and Pay embedded payment API, which allows crypto wallets, Web3 applications, and exchanges to integrate real-world spending capabilities without building their own payment infrastructure. The solution provides white-label card issuance, KYC/AML compliance management, Visa settlement globally, and Apple Pay/Google Pay integration — all accessible via a React Native and React Web SDK. Contact for enterprise onboarding is [email protected]. Separately, Stablecoin Payouts enables businesses to compensate creators, vendors, and teams globally in stablecoins (USDT, USDC, DAI, EURR, PYUSD, and others).

Key Strengths

• Full regulatory and compliance stack managed in-house (KYC, AML, card issuing, Visa settlement)
• White-label API integration achievable in days rather than months
• Global onboarding from 100+ countries
• Multi-network support: Ethereum, BNB Chain, Solana, Polygon, TON, VeChain
• Strategic partnership and investment from Tether
• Registered and licensed in Singapore (Oobit Technologies Pte, 201716443G)

Notable Clients/Projects

Oobit's Plug and Pay targets crypto wallets (MetaMask, Trust Wallet, Phantom), stablecoin platforms, and cryptocurrency exchanges seeking to add real-world payment rails without managing compliance or card infrastructure themselves.

Why Choose Oobit

Oobit eliminates the complexity of building payment infrastructure by providing a turnkey, white-labeled API that handles compliance, card issuance, and Visa settlement end-to-end. For wallet developers and Web3 applications, this means offering users real-world spending in days, not months, without acquiring payment licenses or establishing issuer bank relationships.