In a year defined by both expansion and internal restructuring, GoCardless has reported strong revenue growth while taking decisive steps to move closer to profitability. The London based payments platform increased turnover and processed record payment volumes in 2025, even as it implemented cost cutting measures that included workforce reductions.
Revenue and Payment Volumes Surge
For the financial year ending June 2025, GoCardless reported revenue of £155.5 million, up from £131.3 million the previous year. The growth was driven by new customer acquisition and contract renewals, reflecting continued demand for its payment solutions.
The company also saw a significant increase in transaction activity, doubling the total volume of payments processed to £79.2 billion. This growth was supported in part by its acquisition of Nuapay, which expanded its capabilities in account to account payments.
GoCardless specialises in enabling businesses to collect both one off and recurring payments through direct debit, offering an alternative to traditional card based systems.
Losses Narrow as Cost Control Measures Take Effect
While revenue and volumes increased, the company also made progress in reducing its losses. Net losses declined from £33.6 million to £25.5 million, reflecting tighter cost management and operational efficiencies.
The company reported its first positive adjusted EBITDA quarter in the final quarter of 2025, marking an important milestone in its journey toward profitability. It expects to achieve its first full year of positive adjusted EBITDA in 2026.
This shift highlights a broader focus on financial discipline as the company transitions from growth at all costs to sustainable performance.
Restructuring and Workforce Changes
During the year, GoCardless undertook a restructuring programme aimed at streamlining operations and supporting future growth. This included a provision for redundancies affecting around 90 roles, resulting in a financial charge of £4.2 million.
The restructuring is part of a wider effort to optimise the company’s operational footprint, including the establishment of new hubs in London and Lisbon. Despite the layoffs, overall headcount increased slightly from 606 to 626 employees over the year, reflecting ongoing hiring in strategic areas.
The company expects the benefits of these changes to be realised in the current financial year.
Strategic Developments and Future Outlook
The reported financial results cover a period prior to the announcement of a planned acquisition by Mollie, which agreed to acquire GoCardless for €1.1 billion in December 2025. The deal is expected to create a stronger combined entity with complementary capabilities across Europe’s payments landscape.
According to CEO Hiroki Takeuchi, the company’s performance reflects strong momentum driven by strategic wins, platform innovation, and disciplined cost control. He emphasised that the business is on track to achieve profitability while continuing to invest in growth.
Balancing Growth and Efficiency
GoCardless’ results illustrate the balancing act many fintech companies are currently navigating. After years of prioritising rapid expansion, the focus is shifting toward efficiency, profitability, and long term sustainability.
The company also reported fraud losses of £2.6 million during the period, highlighting ongoing challenges in managing risk within high volume payment systems.
Positioning for the Next Phase
As it moves toward profitability and prepares for integration with Mollie, GoCardless is positioning itself for its next phase of growth. By combining increased scale with improved financial discipline, the company aims to strengthen its role in the evolving payments ecosystem.
With rising adoption of account to account payments and continued demand for subscription based billing solutions, GoCardless is well placed to capitalise on changing payment trends while building a more resilient and profitable business model.
