OwlTing (OWLS) has received a money transmitter license in Ohio, expanding its regulated payments coverage to 42 US states and extending its OwlPay cross-border settlement platform, the company said Wednesday.
The license allows OwlTing to operate in Ohio and strengthens its ability to serve industries tied to aerospace, defense, and advanced manufacturing supply chains, the company said.
OwlTing added that it plans further expansion subject to local regulatory review.
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