Oobit is a crypto payment processor and merchant service provider. It was founded in 2017 as Cryptosys International Ventures Pte Ltd in Singapore and later rebranded into Oobit. They established Oobit Technologies OÜ in Nov 2019 in Estonia and OObit Technologies UAB in Lithuania in 2022.
Oobit is registered with the Financial Crime Investigation Service (FCIS) in Lithuania as a crypto payment processor.
The two founders are Israelis Amram Adar (LinkedIn) and Aharon Miller (LinkedIn), acting as CEO and COO. The beneficial owners of the group are based in Israel. Olga Shishkina acts as a nominee director of the Estonian entity.
Oobit offers crypto exchange and payment services to private individuals and merchants and a crypto-based VISA debit card. For its card payments, Oobit used to cooperate with MoonPay(profile) but no longer does.
We have found oobit as a facilitating payment processor in several broker scams and thus include it on our “Orange Compliance” list.