Payward Q1 Revenue Rises to $507M as Kraken Parent Expands M&A and IPO Push Payward, the parent company of Kraken, reported Q1 2026 adjusted revenue of $507 million, up 3% YoY, with Assets on Platform reaching $40 billion and funded accounts rising 47% YoY to 6.1 million.
The company continued expanding its multi-asset infrastructure through acquisitions including Backed, Magna, Bitnomial, and Reap, while maintaining plans for a future IPO. — link