Obita, an enterprise-level cross-border payment and digital financial network, has raised over $10m in its latest angel round financing to accelerate the growth of its stablecoin-powered payment infrastructure.
The funding round was co-led by Vision Plus Capital and Mirana Ventures, with participation from Legend Capital, HashKey Capital, Web3.com Ventures, and other institutional and individual investors.
Obita builds blockchain-native payment solutions under its Obita Mesh framework, aiming to address long-standing issues in cross-border transactions such as high foreign exchange costs, delayed settlements, and lack of transparency. Its system integrates enterprise-grade compliance tools, cross-border clearing networks, and treasury management services, designed for real-time, low-cost, regulatory-compliant global settlements.
The fresh capital will be used to drive research and development, strengthen compliance infrastructure, and support international expansion, with an initial focus on Southeast Asia, Central Asia, Africa, and Latin America.
Obita’s management team includes experts with experience in FinTech, cross-border payments, and digital assets. Co-founder and CEO Dayong Zhang has previously held senior positions at HashKey Group, RD Technologies, and Ant Group, leading projects such as stablecoin adoption, blockchain integration, and the development of digital wallet products across Asia. Co-founder and CBO Vincent Yang brings expertise from his work at AliExpress, Ant Financial, and Longbridge Securities, where he led numerous cross-border financial initiatives.
“Cross-border payments are at a tipping point driven by stablecoin innovation,” Obita co-founder and CEO Dayong Zhang said. “We aim to integrate blockchain technology’s revolutionary potential into real-world global capital flows through our enterprise-grade, end-to-end, compliant, secure, and high-quality integrated services.”
Vision Plus Capital managing partner Yiran Liu said, “Cross-border B2B payment is a crucial infrastructure for global trade. Obita’s stablecoin-centred solution significantly improves cost efficiency. We have full confidence in Obita team’s accumulated experience in global fintech and diverse cross-sector backgrounds. Vision Plus Capital has a broad cross-border fintech portfolio and looks forward to exploring more use cases for stablecoins in the payment sector.”
David Toh, managing partner of Mirana Ventures, said, “By embedding compliant stablecoin settlement into global trade, Obita is catalysing industry-wide upgrades.”
Legend Capital managing director Tony Wang added, “Bridging Web2 and Web3 worlds represents the biggest opportunity in today’s fintech landscape. Obita’s team, with deep expertise across both domains, is uniquely positioned to lead this trend.”
HashKey Capital CEO Chao Deng said, “Obita’s solution aligns perfectly with HashKey’s strategic focus on digital assets, compliance, and infrastructure development. Together, we will accelerate industry-wide transformation.”
With this backing, Obita aims to play a leading role in reshaping global financial infrastructure, creating compliant, blockchain-native solutions for businesses operating across borders.
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