Obita, an enterprise-focused cross-border payment and digital finance network, has closed its angel funding round at over US$10 million. The round was co-led by Vision Plus Capital and Mirana Ventures, with participation from Legend Capital, HashKey Capital, Web3.com Ventures, and other notable investors. The capital will fuel R&D, compliance infrastructure, and global market expansion, fast-tracking deployment of Obita’s stablecoin-based cross-border payment network.

With stablecoins gaining regulatory clarity worldwide, cross-border payments are undergoing a transformation. Obita is capitalizing on this shift with its Obita Mesh framework, a blockchain-native payment network designed for enterprises seeking low-cost, real-time settlements while remaining fully compliant. The network addresses key industry challenges including high FX costs, slow settlement times, and lack of fund flow transparency, integrating compliance systems, cross-border clearing, and unified treasury management tools. Initial expansion is focused on Southeast Asia, Central Asia, Africa, and Latin America—regions ripe for digital financial innovation.

“Cross-border payments are at a tipping point driven by stablecoin innovation,” said Dayong Zhang, CEO of Obita. “Our goal is to integrate blockchain’s potential into global capital flows through secure, end-to-end, enterprise-grade solutions.”

Investors share the enthusiasm. Yiran Liu, Managing Partner at Vision Plus Capital, noted, “Obita’s stablecoin-centric solution significantly improves cost efficiency for global trade. The team’s expertise in cross-border fintech makes them ideally positioned to explore new payment use cases.”

Obita’s leadership brings deep domain expertise. Zhang previously served as CCO of HashKey Group and led multiple stablecoin and fiat product initiatives, including projects in Hong Kong’s regulatory sandbox. Vincent Yang, CBO, is a veteran of AliExpress and Ant Financial, with hands-on experience scaling cross-border payment solutions across Southeast Asia, Europe, and Latin America. Together, they combine fintech strategy, global market insight, and operational execution.

The company’s backers are equally bullish. David Toh of Mirana Ventures emphasized Obita’s potential to catalyze industry upgrades through compliant stablecoin settlements. Tony Wang of Legend Capital highlighted the opportunity to bridge Web2 and Web3, while Chao Deng of HashKey Capital praised Obita’s alignment with strategic digital-asset and compliance initiatives.

By embedding regulatory-compliant stablecoins into enterprise payments, Obita aims to redefine the infrastructure for global trade and cross-border finance, offering a model that could soon influence the next generation of B2B payment networks.