Paddle vs Recharge

Side-by-side comparison of model-estimated upside.

Paddle

-56%

est. 2Y upside i

FinTech

Rank

#3521

Sector

Fintech

Est. Liquidity

~3Y

Data Quality

Data: High

Paddle presents a moderate upside opportunity, balancing strong growth (40% YoY in 2025) and a robust Merchant of Record moat against a high preference stack ($318M on a $1.4B valuation) and intense competition from incumbents like Stripe.

Last updated: March 10, 2026

Recharge

-32%

est. 2Y upside i

E-CommerceSeries B

Rank

#2991

Sector

Ecommerce / Subscription SaaS

Est. Liquidity

~3Y

Data Quality

Data: Medium

Recharge dominates Shopify subscriptions (71% share) but $2.1B val from 2021 is stretched at 18x rev.

Last updated: March 21, 2026

Note: These companies have different risk levels. Paddle (Higher Risk) and Recharge (Moderate Risk). A higher expected upside in a higher-risk company comes with greater uncertainty. Compare within the same risk tier for more meaningful evaluation.

Upside Comparison

Expected Upside

Paddle

-56%

Recharge

-32%

Disclaimer: These rankings are AI-generated estimates and do not constitute financial or career advice. Always conduct your own due diligence.