The German payment firm has hiked its revenue potential by 2 billion in 2025.

On Tuesday, German payments firm Wirecard stated, it was increasing its 2025 targets for transaction volume, revenue and EBITDA thanks to organic growth drivers and partnerships.

With the news reaching the market its shares by 2.2% in premarket trading.

Wirecard, which is holding its capital markets day in New York said, it expected a transaction volume upwards of $889.22 billion (810 billion euros) in 2025, up from its previous forecast of 710 billion euros.

It now sees a revenue potential of more than 12 billion euros in 2025, compared with its previous prediction of more than 10 billion euros.

It has now forecast its earnings before interest, taxes, depreciation and amortization of more than 3.8 billion euros in 2025, up from 3.3 billion euros.