OpenPayd hits $107 million annual recurring revenue as fiat and stablecoin business expands
London, United Kingdom, November tenth, 2026, Chainwire
First-half income reaches $47.5 million, with stablecoin orchestration contributing 30% of total income development
OpenPayd, a number one supplier of monetary infrastructure, reached an annual recurring income of $107 million in October, following 44% year-on-year income development to $25.4 million within the second quarter of its FY27 monetary yr. The outcomes mirror continued demand throughout its fiat and stablecoin infrastructure.
The outcomes mirror continued enlargement throughout OpenPayd’s established fiat infrastructure alongside a rising contribution from stablecoin orchestration. Fiat infrastructure accounted for 70% of first-half banking and funds income development, with stablecoin orchestration contributing the remaining 30%.
OpenPayd launched its stablecoin infrastructure in Could 2025, extending its platform throughout blockchain rails and enabling companies to maneuver between fiat and digital belongings via a single infrastructure layer. First-half income from stablecoin orchestration elevated from $0.5 million to $3.9 million year-on-year, because the infrastructure entered its second yr of operation.
Iana Dimitrova, Chief Govt Officer at OpenPayd, mentioned: “Passing $100 million in annualised income run fee is a crucial milestone for OpenPayd. What’s notably vital is the place that development is coming from – continued enlargement throughout our fiat enterprise, alongside a significant contribution from stablecoin orchestration.
“Our purchasers don’t have to make a wager on which rail will win. They want interoperable infrastructure that permits them to maneuver and handle cash throughout each, and use what works greatest for every circulation. These outcomes present how that method is translating into development, as current purchasers do extra with OpenPayd and new purchasers come onto the platform.”
Prospects onboarded throughout FY27 contributed 34% of first-half banking and funds income development. Stablecoin orchestration accounted for 32% of income from these new clients, reflecting its function in attracting new enterprise in addition to supporting current purchasers.
As of October 2026, OpenPayd served greater than 1,260 company purchasers and processed greater than $360 billion in annualised transaction quantity. Shopper balances held exceeded $1 billion, reflecting the size of exercise supported throughout the platform.
Notes to editors
Reporting intervals and monetary info: OpenPayd’s monetary yr ends on 30 April. Q2 FY27 covers August–October 2026; H1 FY27 covers Could–October 2026. The interim monetary figures are unaudited. USD monetary figures are transformed from EUR utilizing an change fee of $1.16 per €1. Development charges are calculated utilizing EUR figures; reported quantities are rounded.
Annual recurring income: The $107 million determine is the metric OpenPayd refers to as ARR, calculated by multiplying income recognised in October 2026 by twelve. It contains transaction charges, recurring subscription charges and minimums, overseas change margin, curiosity earned on shopper balances, operational charges and setup charges. It isn’t restricted to contractually recurring income and is delicate to buyer exercise, transaction volumes, pricing and rates of interest. It’s a supplemental operational metric, not an IFRS monetary measure, income earned over a accomplished twelve-month interval or a forecast of future income.
Development contributions: The fiat and stablecoin development contributions consult with the rise in H1 income, excluding curiosity revenue, between FY26 and FY27. New clients are these onboarded throughout FY27. Stablecoin orchestration’s 32% share refers to income from that new-customer group throughout H1 FY27. Stablecoin income development is from a small prior-year base.
Working metrics: Annualised transaction quantity is a run-rate measure as of October 2026, moderately than quantity processed over a accomplished twelve-month interval. Shopper balances held are shopper funds, not OpenPayd’s personal company money.
About OpenPayd
OpenPayd is constructing the common monetary infrastructure for the digital economic system. Based in 2018 by Dr Ozan Ozerk, its rails-agnostic platform permits companies to maneuver and handle cash globally – throughout fiat and digital belongings – via a single, highly effective API.
OpenPayd supplies embedded accounts, FX, home and worldwide funds, Open Banking and stablecoin on/off ramps – delivering interoperability between conventional finance and digital belongings. With one of the complete banking networks available in the market, OpenPayd permits real-time cash motion, all over the place.
Trusted by international manufacturers together with eToro, Kraken, OKX and B2C2, OpenPayd serves greater than 1,260 company purchasers globally and processes greater than $360 billion in annualised transaction quantity.
Media contact
OpenPayd@bursonglobal.com
On June 1, 2026, OpenPayd introduced its proposed enterprise mixture with Titan Acquisition Corp (“Titan”), which is predicted to lead to OpenPayd turning into a publicly traded firm listed on the Nasdaq Inventory Change.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This communication contains “forward-looking statements” throughout the that means of the “protected harbor” provisions of the USA Non-public Securities Litigation Reform Act of 1995.
Ahead-looking statements could also be recognized by way of phrases equivalent to “estimate,” “plan,” “mission,” “forecast,” “intend,” “will,” “count on,” “anticipate,” “imagine,” “search,” “goal” or different comparable expressions that predict or point out future occasions or developments that aren’t statements of historic issues, however the absence of those phrases doesn’t imply {that a} assertion shouldn’t be forward-looking. These forward-looking statements embrace, however should not restricted to, statements concerning expectations of OpenPayd or Titan in regards to the outlook for his or her enterprise, productiveness, plans and targets for future operational enhancements and capital investments, operational efficiency, future market situations or financial efficiency and developments within the capital and credit score markets, in addition to any info regarding doable, assumed, estimated or anticipated future operations and future monetary efficiency of OpenPayd. Ahead-looking statements additionally embrace statements concerning the anticipated advantages of the proposed transaction. These statements are primarily based on varied assumptions, whether or not or not recognized on this communication, and on the present expectations of administration of Titan, OpenPayd and Titan Acquisition Sponsor Holdco LLC (the “Sponsor”) and should not predictions of precise efficiency. These forward-looking statements are supplied for illustrative functions solely and should not supposed to function and should not be relied on by any investor as a assure, an assurance, a prediction or a definitive assertion of truth or likelihood. Precise occasions and circumstances are troublesome or unattainable to foretell and can differ from assumptions. Many precise occasions and circumstances are past the management of Titan, OpenPayd and the Sponsor.
You need to fastidiously contemplate the dangers and uncertainties set forth within the sections entitled “Danger Elements” and “Cautionary Be aware Relating to Ahead-Wanting Statements” in Titan’s ultimate prospectus referring to its preliminary public providing dated April 8, 2025, its subsequent filings with the Securities and Change Fee (the “SEC”) and within the definitive proxy assertion to be delivered to Titan’s shareholders and associated registration assertion on Type F-4, together with these set forth below “Danger Elements” therein, and different paperwork filed or to be filed with the SEC by Titan or OpenPayd. These filings would establish and deal with different essential dangers and uncertainties that would trigger precise occasions and outcomes to vary materially from these contained within the forward-looking statements.
These forward-looking statements are topic to a lot of dangers and uncertainties, together with, however not restricted to, adjustments in home and overseas enterprise, market, monetary, political, and authorized situations; the shortcoming of the events to efficiently or well timed consummate the proposed transaction, together with the danger that any required regulatory approvals should not obtained, are delayed or are topic to unanticipated situations that would materially and adversely have an effect on the mixed firm or the anticipated advantages of the proposed transaction or that the approval of shareholders shouldn’t be obtained; failure to understand the anticipated advantages of the proposed transaction; dangers referring to the uncertainty of the projected monetary info with respect to OpenPayd; any downturn or volatility in financial situations, together with inflation; dangers associated to the rollout of OpenPayd’s enterprise and the timing of anticipated enterprise milestones, and to relationships with clients; the consequences of competitors on OpenPayd’s future enterprise; dangers associated to OpenPayd’s capacity to guard its mental property and keep away from infringement by others, or claims of infringement towards it; disruption of OpenPayd’s relationships with its clients, enterprise companions and others ensuing from the announcement of the proposed transaction; the quantity of redemption requests made by Titan’s public shareholders; the power of Titan or the mixed firm to difficulty fairness or equity-linked securities in reference to the proposed transaction or sooner or later. If any of those dangers materialize or OpenPayd’s assumptions show incorrect, precise outcomes may differ materially from the outcomes implied by these forward-looking statements. There could also be further dangers that neither Titan nor OpenPayd presently know or that they at the moment imagine are immaterial that would additionally trigger precise outcomes to vary, probably materially, from these contained in or implied by the forward-looking statements. As well as, forward-looking statements mirror Titan’s and OpenPayd’s expectations, plans or forecasts of future occasions and views as of the date of this communication.
Whereas Titan or OpenPayd might elect to replace these forward-looking statements in some unspecified time in the future sooner or later, Titan and OpenPayd particularly disclaim any obligation to take action. These forward-looking statements shouldn’t be relied upon as representing Titan’s or OpenPayd’s assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance shouldn’t be positioned upon the forward-looking statements.
Annual Recurring Income
This press launch discusses ARR, which is a key efficiency measure utilized by administration to watch the expansion and trajectory of OpenPayd’s enterprise. OpenPayd defines ARR because the unaudited income acknowledged in probably the most lately accomplished calendar month, multiplied by twelve. ARR assumes that buyer depend, transaction volumes, pricing and rates of interest stay according to these of the relevant month and doesn’t embrace any development fee assumptions. ARR figures offered on this press launch have been derived from the month ended October 31, 2026. ARR contains all income acknowledged within the relevant month, comprising transaction charges, recurring subscription charges and minimums, overseas change margin, curiosity earned on shopper balances, operational charges and setup charges. ARR is subsequently not restricted to income that’s contractually recurring in nature, and a considerable portion of the income included in ARR is variable and depending on buyer exercise and transaction volumes within the relevant month. ARR is offered as a supplemental operational metric and isn’t a measure of monetary efficiency ready in accordance with IFRS. ARR needs to be seen independently of, and never as an alternative to or mixed with, income, deferred income or every other measure offered in OpenPayd’s monetary statements. ARR doesn’t characterize OpenPayd’s income below IFRS on an annualized foundation and isn’t a forecast of future income, which might be impacted by, amongst different issues, contract begin and finish dates, buyer renewal charges, transaction volumes, overseas change and different elements. Buyers shouldn’t place undue reliance on ARR as an indicator of OpenPayd’s future or anticipated outcomes. ARR doesn’t have a standardized that means and is subsequently unlikely to be corresponding to equally titled measures offered by different corporations. There isn’t any IFRS measure that’s straight corresponding to ARR, and accordingly OpenPayd has not reconciled ARR on this press launch to any IFRS monetary measure.
Extra Info and The place to Discover It
This communication pertains to the proposed transaction. This communication doesn’t represent a proposal to promote or change, or the solicitation of a proposal to purchase or change, any securities, nor shall there be any sale of securities in any jurisdiction by which such provide, sale or change could be illegal previous to registration or qualification below the securities legal guidelines of any such jurisdiction. In reference to the proposed transaction, a registration assertion on Type F-4 has been filed with the SEC, which features a proxy assertion of Titan and a prospectus of OpenPayd, and every social gathering will file different paperwork with the SEC concerning the proposed transaction. A definitive proxy assertion/prospectus can even be despatched to Titan’s shareholders, searching for any required shareholder approval. Earlier than making any voting or funding determination, buyers and safety holders of Titan and potential buyers within the post-business mixture mixed firm are urged to fastidiously learn all the registration assertion and proxy assertion/prospectus and every other related paperwork filed with the SEC, in addition to any amendments or dietary supplements to those paperwork, as a result of they may include essential details about the proposed transaction.
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