Expanding Market Presence The company is actively expanding its geographic footprint, exemplified by recent office expansions in Japan and successful large-scale projects like implementing electronic parking systems at UC Davis. This indicates opportunities for targeted expansion and regional partnership development in high-growth areas.
Strategic Partnerships OTI has formed strategic alliances with major players like EVO Payments International, enhancing its payment solutions portfolio and opening doors to cross-selling opportunities within unattended retail and other cashless payment sectors.
Innovation & IP Leadership With an extensive patent portfolio and proven NFC expertise, OTI offers unique technological solutions for contactless payments, electronic IDs, and transit systems, positioning it as a strong partner for clients seeking cutting-edge NFC applications.
Recent Customer Wins The integration of OTI’s EasyPark system at UC Davis demonstrates its ability to secure significant institutional clients, presenting opportunities to replicate such deals with other universities, municipalities, and large organizations interested in cashless payment solutions.
Financial & Growth Potential Despite a modest revenue range of 1 to 10 million dollars, the company has secured a notable funding round of 2.5 million dollars, signaling investor confidence and potential for scaling operations and exploring new verticals within the contactless payment industry.