Payments Group Holding Updates Financial Targets Following Major Acquisition and AI Expansion

The Payments Group Holding (PGH) has updated its preliminary financial targets for the next three years, based on the assumption that the pending acquisition of 75% of The Payments Group companies (TPG) will be completed in 2025. This acquisition, agreed upon in August 2024, would result in TPG being fully consolidated into the enlarged Group starting in 2026. The gross transaction volume of TPG is projected to increase from 80 million EUR in 2024 to just under 100 million EUR in 2025, with accelerated growth momentum expected through 2028 following the recent acquisition of an e-money license.

Transaction volume is forecasted to reach between 800 million and 1.9 billion EUR by 2028, while TPG's revenue is projected to roughly triple to quintuple from just over 7 million EUR in 2024, representing annual growth of approximately 30 to 60%. PGH Group's EBITDA is expected to reach between 5 million and 12 million EUR in 2028, with 2026 projections between 2 to 2.5 million EUR. The holding company, with an estimated net asset value exceeding 20 million EUR, anticipates generating value increases from its Heritage VC portfolio and AI company building activities that will offset overhead costs.

The financial targets do not incorporate the Group's potential entry into the stablecoin business, which management is currently reviewing. According to preliminary assessments, this venture could significantly impact or even shape the Group's EBITDA starting from 2027, though precise forecasting remains challenging. More information about the company's strategic direction can be found at https://www.tpgholding.com.

PGH has advanced its strategic commitment to artificial intelligence through Softmax AI, the AI company builder it established. Cognicare AI GmbH represents the first successful spin-off from this initiative, developing and marketing AI-supported software assistance systems for the care sector. The system creates a digital ecosystem designed to reduce the burden on nursing staff while enhancing resident safety in inpatient facilities. Philipp Buchta, who brings extensive experience as head of several inpatient care facilities, has been appointed as managing director.

The Cognicare AI system has demonstrated success during several weeks of pilot operation, with additional implementations scheduled to follow shortly. Six other care facilities have expressed concrete interest without any active marketing efforts, indicating strong market potential given the addressable target market of approximately 11,000 inpatient care facilities in Germany. Beyond Cognicare AI, Softmax has additional products and potential spin-offs in development, including Inspectos, a computer vision tool for component assessment and documentation, and Jobklar, an online AI job application trainer.

Softmax has recently initiated a promising new project technologically related to existing applications, based on discussions with medium-sized companies. The original announcement detailing these developments is available at https://www.newmediawire.com. The combination of TPG's payment technology expansion and Softmax AI's innovative ventures positions PGH for substantial growth across both financial technology and artificial intelligence sectors over the coming years.