Webus International Limited Announces up to $300M Strategic Financing

Webus International Limited, a company providing AI-driven mobility solutions, has announced a strategic financing plan of up to $300 million to integrate the XRP Ledger and establish a strategic XRP reserve. This initiative is aimed at revolutionizing the company’s global payment solutions.

Here’s a breakdown of the key details:

The Financing Plan

Size and Purpose: The company is seeking to raise up to $300 million. The primary use of these funds is to create a strategic reserve of XRP, which is the native cryptocurrency of the XRP Ledger.

Funding Methods: The financing is being pursued through a mix of “non-equity funding vehicles.” This means Webus is seeking to raise capital without selling new shares, thereby avoiding dilution for existing shareholders. The funding sources being explored include:

Available cash reserves

Bank lending

Shareholder guarantees

Third-party institutional-backed credit facilities from traditional banks.

Non-Binding: The company has stated that the financing plan is non-binding until definitive documentation is completed and all specified conditions are satisfied.

The Strategic Vision: Why XRP?

Webus’s decision to integrate the XRP Ledger is a core part of its strategy to create a “seamless, borderless travel ecosystem.” The company is leveraging XRP’s key features to address the challenges of traditional cross-border payments:

Instant, Low-Cost Settlements: The XRP Ledger is known for its fast transaction speeds and low fees. This will allow Webus to facilitate instant settlements with chauffeurs and service providers worldwide, eliminating the friction and high costs associated with traditional international payment systems.

Cross-Border Payments: The XRP reserve will support Webus’s global payment solutions, enabling the company to handle international payments more efficiently for both its partners and travelers.

Blockchain Infrastructure: In addition to the XRP reserve, Webus plans to develop a comprehensive blockchain infrastructure. This includes creating new wallets, Web3 loyalty tokens, and on-chain booking records to further enhance its “Mobility-as-a-Service” (MaaS) model.

Other Key Developments

Alongside the financing announcement, Webus also renewed its nationwide partnership with Tongcheng Travel Holdings Ltd., one of China’s largest online travel platforms. This partnership strengthens Webus’s domestic operations, creating a synergy with its international expansion plans.

More recently, on August 8, 2025, Webus launched XRP token and Ripple USD (RLUSD) stablecoin payment support on its Wetour platform. This allows travelers to purchase vouchers and coupons using these digital assets, with transactions being linked to their user benefits and promotional offers. This is the first tangible step in executing their broader crypto strategy.

This move by Webus follows a trend of publicly traded companies integrating digital assets into their business models. It aims to position the company at the intersection of fintech and mobility, while also addressing its financial challenges, as noted by its recent stock volatility and revenue declines.