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Payday 3 is set to launch in 2023

Payday
(Image credit: Starbreeze)

Payday 3 is set to release in 2023 after developer Starbreeze secured a publishing deal with Koch Media.

In an announcement (opens in new tab) today, acting CEO Tobias Sjögren said that the partnership secured the continued development of the game, as well as the publishing and marketing costs," and means that Starbreeze "now has a strong foundation for a successful launch of Payday 3."

That launch is now set for 2023, with Payday 3 slated to release on PC and consoles. Starbreeze is already pushing the "'games as a service' model" for its heist-based sequel, telling players that "additional content and functionalities [is] planned for long beyond the original release date."

The $50 million investment is likely to prove the end of Starbreeze's financial woes, and ensure that the development of Payday 3 gets over the line. In 2019, the company's then-CEO, Mikael Nermark, revealed that the company was facing bankruptcy, and might not last another year without additional funding. Fortunately, Starbreeze is still kicking - likely buoyed by the ongoing sales success of Payday 2, which was responsible for 95% of its developers' 2020 revenue (according to Gamesindustry.biz (opens in new tab)).

The new release date is the first update that Payday players have had since October 2020, when Starbreeze confirmed that Payday 3 was definitely in development using the Unreal Engine, but was still in the design phase with an as-yet undecided release date.

Looking for something new while you wait for Payday 3? Here are the best PC games (opens in new tab) right now.

I'm GamesRadar's news editor, working with the team to deliver breaking news from across the industry. I started my journalistic career while getting my degree in English Literature at the University of Warwick, where I also worked as Games Editor on the student newspaper, The Boar. Since then, I've run the news sections at PCGamesN and Kotaku UK, and also regularly contributed to PC Gamer. As you might be able to tell, PC is my platform of choice, so you can regularly find me playing League of Legends or Steam's latest indie hit.