Financial infrastructure company OpenPayd achieved an annual recurring revenue of $107 million in October, according to a Tuesday (Nov. 10) press release.
This followed 44% year-on-year revenue growth to $25.4 million in the second quarter of fiscal year 2027, reflecting ongoing demand across OpenPayd’s fiat and stablecoin infrastructure, per the release.
“Passing $100 million in annual recurring revenue is an important milestone for OpenPayd,” CEO Iana Dimitrova said in the release. “What’s particularly significant is where that growth is coming from—continued expansion across our fiat business, alongside a meaningful contribution from stablecoin orchestration.”
The company’s clients don’t need to bet on which rail will win, but rather need interoperable infrastructure that lets them move and manage money across both, Dimitrova added in the release.
“These results show how that approach is translating into growth, as existing clients do more with OpenPayd and new clients come onto the platform,” Dimitrova said in the release.
The earnings results spotlight the ongoing expansion of OpenPayd’s established fiat infrastructure as well as a growing contribution from stablecoin orchestration, according to the release. Fiat infrastructure made up 70% of the company’s first-half revenue growth, and the remainder came from stablecoin orchestration.
OpenPayd launched its stablecoin infrastructure in May 2025, the release said. The company’s first-half revenue from stablecoin orchestration rose from $0.5 million to $3.9 million year-over-year.
OpenPayd expects to list on the Nasdaq by the year’s end, as regulators review the company’s proposed merger with Titan Acquisition Corp., PYMNTS reported Oct. 4, citing CoinDesk.
Modern payment infrastructure has become a business problem, rather than simply a technical one, Dimitrova told PYMNTS in June. Payments orchestration can present a solution.
Historically, orchestration meant routing payments through various providers to improve authorization rates or reduce costs, Dimitrova said. The definition is now expanded to include the mechanism through which businesses access a range of payment types without managing each one individually.
“We choose, dynamically and in real time, the most appropriate channel for that money movement,” Dimitrova said.
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