Company: OWLS
Filing Date: 2025-09-19
Form Type: F-1/A
Source: 0001193125-25-208098
Chunk: 178

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-09-19
Form: F-1/A
Chunk 178
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 suite of features designed to streamline and facilitate cross-border payments for both business and
individual customers. OwlPay aims to provide a one-stop solution to upgrade the current

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payment infrastructure to the Web3 ecosystem, including providing wallet services to business and individual customers. Our key capabilities, servicing on/off-ramp conversions between different
sources of fiat currencies and digital assets on various blockchains across multiple jurisdictions, will be available to both our own end customers using OwlPay Wallet Proand OwlPay Paymentand customers of third-party wallet
providers or financial institutions through OwlPay Harbor, our in-house capabilities through an API package. We are continuously building up the banking network in the jurisdictions where we have obtained relevant licenses to enable payments
through fiat currency, as well as through stablecoin – a cheaper, faster, more transparent way to do cross-border payment.

Within our payment business our main source of revenue is expected to come from on/off-ramp services, conversion services, and cross-border
transactions. We charge fixed-amount, per-transaction handling fees, and percentage-based transaction fees for conversion between stablecoin and fiat currency and for foreign exchange conversion. We also generate revenue from our payment gateway
services where we charge transaction fees from e-commerce platforms based on the amount transacted. Additionally, we generate revenue from our hosted wallet services, consisting of initial setup fees and
monthly maintenance fees. Our OwlPayservices have historically been focused on processing transactions in fiat currencies, and no revenues for the years ended December 31, 2023 and December 31, 2024 were generated from OwlPay Harborand OwlPay Wallet Pro. As we continue to roll out OwlPay Harborand OwlPay Wallet Proand expect market adoption of stablecoins to increase, we believe OwlPay Harborand OwlPay Wallet Prowould enhance
the breadth of our OwlPayservices and strengthen our market position in digital asset payment solutions. The following is a list of our products and services.

OwlPay Platform Solutions

For businesses or individuals looking to flexibly use fiat currencies and stablecoins for payments without having the technical resources for
integration, our platform solutions provide seamless access to the desired services directly through our platform.

OwlPay Payment

We currently offer OwlPay’s payment interface through our products, OwlPay Payment. OwlPay Paymentsimplifies business cash flow processes, enabling merchants to efficiently complete acquiring consumers’ payments,reconciliation, auditing, and payment through an integrated service using fiat currency and USDC. This helpsbusiness without in-house technical teams to support system integration