Company: OWLS
Filing Date: 2025-09-03
Form Type: F-1
Source: 0001193125-25-195057
Chunk: 12

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-09-03
Form: F-1
Chunk 12
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, also plays an important role in the global payment ecosystem. Along with its growth, we believe that the B2B payment market is experiencing changes in the form of waves of digitization and innovation. While fintech innovators have accelerated the digitization of B2C/C2C payments, B2B payments remain highly reliant on legacy systems, leaving payors and payees with significant challenges that include access to fewer correspondent banks, slow settlement, high overall costs and a lack of transparency. Intermediary banking today remains the most prevalent cross-border payment method.We believe that the total available market size for B2B payments is significant and rapidly expanding as trends towards digitization broaden access to more users. By offering modernized, streamlined end-to-end payment solutions, we believe that we are well-positioned to capitalize on our early mover advantage in the blockchain-enabled payment industry to capture a meaningful share of the growing B2B and B2C markets. OwlPay’s Competitive Strengths According to CB Insights’ latest Stablecoin Market Map, OwlTing ranks among the top 2 global players in the ‘Enterprise & B2B’ category, with a Mosaic score of 832—demonstrating its leadership in blockchain-powered financial infrastructure for businesses. Our OwlPaysolution facilitates B2B stablecoin transactions through hosted wallet, stablecoin payment gateway, conversion, and payout services, enabling key use cases such as cross-border payments, payroll, and treasury management. The Mosaic score—CB Insights’ proprietary metric—assesses a company’s market opportunity, momentum, and financial strength, further highlighting OwlTing’s strong position and growth potential in the enterprise stablecoin space. We believe the following competitive strengths contribute to our success and differentiate us from our competitors:

| • |     | Early mover advantage in the payment industry. We are an early mover in the use of blockchain technology 
 and stablecoin to provide a one-stop payments framework.                                                 |

| • |     | Our global licensing infrastructure. We have built and are continuing to build our global licenses                       
 portfolio that could help us expand our reach for clients and potential collaborations with financial service providers. |

| • |     | Our AML and cybersecurity capability. We collaborate with industry leading AML diligence service providers 
 to deliver integrated products and invest in data security.                                                |

| • |     | Our understanding of blockchain technology and its diverse applications. We have almost a decade of                                                                                     
 experience in applying blockchain technology to businesses and are committed to applying blockchain technology to improve operational efficiency for