Financial infrastructure provider OpenPayd reported revenue of 47.5 million USD in the first half of the year

Financial infrastructure service provider OpenPayd announced that its unaudited revenue for the first half of fiscal year 2027 (from May to October 2026) was 47.5 million USD, with revenue in the second fiscal quarter increasing by 44% year-on-year to 25.4 million USD. In the first half of the fiscal year, the fiat currency infrastructure business contributed 70% of the year-on-year revenue growth from banking and payment services, while the remaining 30% came from stablecoin business (excluding interest income), with stablecoin revenue increasing to 3.9 million USD.

OpenPayd also disclosed that its annualized revenue, calculated by multiplying the revenue for the month of October by 12, reached 107 million USD. Previous reports indicated that OpenPayd plans to go public on NASDAQ by the end of the year, with a valuation of up to 1.1 billion USD.