OpenPayd reported a $107 million annualized revenue run rate in October as stablecoin orchestration contributed to growth across its financial infrastructure business.
Its November 10 results announcement reports first-half revenue of $47.5 million. Stablecoin orchestration revenue rose from $500,000 to $3.9 million year over year, while established fiat services remained the larger source of growth.
OpenPayd also reported client balances above $1 billion at October 2026. That is a platform balance measure, distinct from company revenue.
Annualized Revenue Metric Differs From Completed Year Sales
The company calculates the $107 million measure by multiplying October’s recognized revenue by twelve. Its definition includes transaction fees, subscriptions, minimum charges, foreign exchange margin, interest on client balances, operating fees and setup fees.
It is therefore not limited to contractually recurring revenue. OpenPayd describes it as a supplemental operating metric rather than an IFRS measure, a completed year’s sales or a revenue forecast.
Second-quarter revenue reached $25.4 million, up 44% year over year. Its financial year ends April 30, so the quarter covers August through October and the first half covers May through October.
The interim figures are unaudited. Dollar amounts were converted from euros at $1.16 per euro, while growth rates were calculated using euro figures. That reporting basis matters when checking rounded amounts against the published percentage changes.
Stablecoin Infrastructure Extends Platform First Launched In May
OpenPayd’s May 2025 launch announcement described linking fiat payment networks with blockchain rails through one platform. The product supports movement between fiat and digital assets, cross-border payments and treasury flows.
At launch, the company reported more than 750 clients and over €130 billion in annualized transaction volume. The current update reports more than 1,260 corporate clients and annualized volume above $360 billion.
The two volume figures use different currencies and describe different measurement dates. They establish expansion in reported activity without supporting a precise percentage comparison unless the exchange-rate and measurement bases are aligned.
In the latest half, stablecoin orchestration supplied 30% of banking and payments revenue growth, excluding interest income. Fiat infrastructure supplied 70%. These percentages describe the contribution to growth, not each service’s share of total revenue.
Licensing And Partnerships Accompany The Reported Business Expansion
In a July 2026 company update, OpenPayd said it had obtained MiCA authorization in June, enabling regulated crypto-asset services across the European Economic Area through one licence.
The same update identified Circle, Fireblocks and Ripple as partners in its digital asset ecosystem. It described stablecoin on- and off-ramps alongside embedded accounts, foreign exchange and domestic and international payments.
New customers onboarded during the current financial year supplied 34% of first-half banking and payments revenue growth. Stablecoin orchestration accounted for 32% of revenue from that new-customer group, according to the November release.
That distinction between fiat connectivity and blockchain movement also appears in Wirex’s cross-chain deposit integration. The products differ, but both disclosures describe infrastructure connecting an incoming asset with the balance or payment service a business uses.
OpenPayd’s result supplies actual service revenue alongside its annualized headline. The $3.9 million stablecoin figure remains a smaller business within the overall platform, despite its increase from a low prior-year base.
