OpenPayd, a leading provider of financial infrastructure, reached an annual recurring revenue of $107 million in October, following 44% year-on-year revenue growth to $25.4 million in the second quarter of its FY27 financial year. The results reflect continued demand across its fiat and stablecoin infrastructure.
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The results reflect continued expansion across OpenPayd’s established fiat infrastructure alongside a growing contribution from stablecoin orchestration. Fiat infrastructure accounted for 70% of first-half revenue growth, with stablecoin orchestration contributing the remaining 30%.
OpenPayd launched its stablecoin infrastructure in May 2025, extending its platform across blockchain rails and enabling businesses to move between fiat and digital assets through a single infrastructure layer. First-half revenue from stablecoin orchestration increased from $0.5 million to $3.9 million year-on-year, as the infrastructure entered its second year of operation.
Iana Dimitrova, Chief Executive Officer at OpenPayd, said: “Passing $100 million in annual recurring revenue is an important milestone for OpenPayd. What’s particularly significant is where that growth is coming from – continued expansion across our fiat business, alongside a meaningful contribution from stablecoin orchestration.
“Our clients don’t need to make a bet on which rail will win. They need interoperable infrastructure that allows them to move and manage money across both, and use what works best for each flow. These results show how that approach is translating into growth, as existing clients do more with OpenPayd and new clients come onto the platform.”
Customers onboarded during FY27 contributed 34% of first-half banking and payments revenue growth.
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