PayPoint Sets Out Business Overhaul, FY26 Performance to Hit Record Levels | LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis
PayPoint said on Monday that it expects to report record performance for the year to 31 March 2026, as it unveiled a reorganisation to simplify its structure and sharpen its strategic focus.
The group revealed it has continued its extended share buyback, purchasing 3.96 million shares for £23.8 million and remaining “on course to reduce its issued share capital by circa 30% in the three years to FY28”. Share capital has already fallen by about 15% this year.
Under the restructuring, PayPoint will be reorganised into four units. These include Network Services, Digital Payments and Open Banking, Love2shop and Merchant Services.
The company said this would create “a better integrated and more transparent business with a simpler investment case”.
The move includes a fundamental review of the cost base and a shift toward a more accountable operating culture, with each unit having its own financial metrics and KPIs.
Network Services, with estimated FY26 net revenue of £91.3 million, will move to a unified, geographically aligned model focused on improving compliance, service delivery and revenue per store. Digital Payments and Open Banking will be merged into a single structure to accelerate product development and cross-selling opportunities.
Love2shop, with net revenue of £53.2 million, will continue its technology upgrades and expansion of distribution channels, while Merchant Services will undergo a “fundamental reset” to improve retention and target higher-value SME clients.
Looking to FY27, PayPoint said trading conditions remain challenging but expects to exceed underlying FY26 profits, supported by cost efficiencies and broader product adoption.
