Pay­day 3 is still on its way, and we’ve now learned that devel­op­er Star­breeze has made a deal with Koch Media. Koch will pay €50 mil­lion ($59 mil­lion USD) to assist the game’s devel­op­ment and mar­ket­ing. This deal spans across the base game and more than 18 months’ worth of post-launch sup­port, as Pay­day 3 will be a games-as-a-ser­vice model.

In a news release, Star­breeze said thanks to this large invest­ment Pay­day 3 is now “ful­ly financed.” The game is now where near a release date, but it expect­ed to debut some­time in 2023 on con­sole and PC.

Payday 3 Is Coming In 2023, Image Unveiled

Star­breeze also men­tions in their released state­ment that they still own the Pay­day IP. The fran­chise has been rather suc­cess­ful with 28 mil­lion “installed base games” so far. The image above is the first glimpse of Pay­day 3.

We are excit­ed to announce this exclu­sive long-term Pay­day 3 co-pub­lish­ing deal with Koch Media who shares our pas­sion for the Pay­day fran­chise and the games as a ser­vice mod­el,” Star­breeze CEO Tobias Sjö­gren said. “We now have a strong foun­da­tion for a suc­cess­ful launch of Pay­day 3.”

Koch Media CEO Kle­mens Kun­dratitz said, “Based on what we’ve seen already, Pay­day 3 is going to take the fran­chise to new heights and will delight Pay­day fans as well as new audi­ences alike with inno­v­a­tive mul­ti­play­er gameplay.”

Pay­day 3 was orig­i­nal­ly announced five years ago when Star­breeze acquired the fran­chise for $30 mil­lion. The com­pa­ny has been through a rough finan­cial time the last cou­ple of years, so this deal will like­ly be pos­i­tive for Pay­day 3.