Developer Starbreeze Studios has announced PAYDAY 3 is now “fully financed” with Koch Media added as a co-publisher under a new €50m publishing deal, and the game launches in 2023 for PC and consoles.

While details on the long-awaited sequel are still scant, Starbreeze confirmed that new content and features will be added “for long beyond” the original launch, just like its predecessor, PAYDAY 2.

“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. In addition to securing the continued development, this deal secures global publishing of PAYDAY 3 as well as the marketing efforts through the entire game life cycle. We now have a strong foundation for a successful launch of PAYDAY 3”, said Tobias Sjögren, Acting CEO of Starbreeze.

“We are delighted to welcome Starbreeze as a new partner for our global publishing business. PAYDAY 3 is shaping up to be an incredible game. 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”, said Klemens Kundratitz, CEO, Koch Media Group.

Previously, Starbreeze noted that PAYDAY 3 was still in development, despite the fact that if it hits the 2023 release it will be roughly a decade since the second game was released. PAYDAY 2 continues to get regular content updates to this day, and sees an active online userbase.