The Payments Group Holding Updates Financial Outlook and Advances in AI

The Payments Group Holding (PGH) in Frankfurt has announced updated financial targets, projecting a rise in gross transaction volume from 80 million EUR in 2024 to a potential 1.9 billion EUR by 2028, leveraging a new e-money license. Revenues for The Payments Group (TPG) are expected to triple to quintuple by 2028, indicating annual growth of 30% to 60%.

PGH's EBITDA aims to reach 5 to 12 million EUR in 2028, assuming no negative contributions from its venture capital operations or AI initiatives. A possible foray into the stablecoin market could dramatically shape its EBITDA from 2027.

Softmax AI, a PGH venture, spun off its first company, Cognicare AI, focusing on AI solutions for the care sector. Other products like Inspectos for component assessment and Jobklar, an AI job application trainer, are in progress, suggesting PGH's deepening commitment to AI advancements.