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How many payments unicorns are out there?

11 septembrie 2024

an article written by Chris Skinner

It’s interesting that we have over 30,000 fintech start-ups worldwide but only a few we talk about a lot. Stripe, Klarna, NuBank, Alipay … sure, there are 300 unicorns but there are thousands of roadkill along the way.


What surprises me is how many sneak out of the woods when you least expect it. By way of example, MyGuava caught my attention over the weekend. Why? Well, I’m sitting watching Match of the Day – a summary of the day’s football action (to my American friends, it’s NOT soccer) – and I suddenly see advertising all around the ground for this company. Who are they? What do they do? Why are they advertising at a football ground?

It made me intrigued, so watch this space for more soon, but it also made me seek out who are the most valuable payments firms out there. So here are 50 payments unicorns out there (thanks to failory) that doesn’t even include PayPal, Stripe, Adyen, Wise, Revolut or MyGuava.

1) Checkout.com

Checkout.com’s API allows businesses to integrate a seamless checkout experience across platforms.

Details of the startup:

  • Valuation: $40.00B (May 2019)
  • Country: United Kingdom
  • State: England
  • City: London
  • Started in: 2012
  • Founders: Guillaume Pousaz
  • Number of employees: 1,000-5,000
  • Funding: $1,830.00M
  • Funding rounds: 4
  • Number of investors: 12

You can find their website here.

2) Ripple

Ripple offers blockchain solutions to transfer money globally with speed and certainty of settlement.

Details of the startup:

  • Valuation: $15.00B (December 2019)
  • Country: United States
  • State: California
  • City: San Francisco
  • Started in: 2012
  • Founders: Arthur Britto, Chris Larsen, Jed McCaleb, Ryan Fugger
  • Number of employees: 500-1,000
  • Funding: $293.90M
  • Funding rounds: 14
  • Number of investors: 38

You can find their website here.

3) Bolt

Bolt enhances the bonds between retailers and their customers by enabling secure, authenticated, and quick checkouts.

Details of the startup:

  • Valuation: $11.00B (October 2021)
  • Country: United States
  • State: California
  • City: San Francisco
  • Started in: 2014
  • Founders: Eric Feldman, Ryan Breslow
  • Number of employees: 500-1,000
  • Funding: $963.00M
  • Funding rounds: 11
  • Number of investors: 76

You can find their website here.

4) TripActions

TripActions is a travel management platform that helps streamline the business travel and expense process for companies.

Details of the startup:

  • Valuation: $9.20B (November 2018)
  • Country: United States
  • State: California
  • City: Palo Alto
  • Started in: 2015
  • Founders: Ariel Cohen, Ilan Twig
  • Number of employees: 1,000-5,000
  • Funding: $1,040.48M
  • Funding rounds: 13
  • Number of investors: 21

You can find their website here.

5) Rapyd

Rapyd is creating a payments platform that integrates with any app, to deliver local payment methods in one service.

Details of the startup:

  • Valuation: $8.75B (December 2019)
  • Country: United Kingdom
  • State: England
  • City: London
  • Started in: 2016
  • Founders: Arik Shtilman, Arkady Karpman, Omer Priel
  • Number of employees: 250-500
  • Funding: $775.00M
  • Funding rounds: 6
  • Number of investors: 21

You can find their website here.

6) Tipalti

Tipalti delivers cloud-based solution designed to help multinational corporations manage their global payables operations.

Details of the startup:

  • Valuation: $8.30B (October 2020)
  • Country: United States
  • State: California
  • City: San Mateo
  • Started in: 2010
  • Founders: Chen Amit, Oren Zeev
  • Number of employees: 500-1,000
  • Funding: $502.50M
  • Funding rounds: 9
  • Number of investors: 13

You can find their website here.

7) Razorpay

Razorpay’s payment platform is a single API for accepting transactions and disbursing funds in India.

Details of the startup:

  • Valuation: $7.50B (October 2020)
  • Country: India
  • City: Bengaluru
  • Started in: 2013
  • Founders: Harshil Mathur, Shashank Kumar
  • Number of employees: 1,000-5,000
  • Funding: $741.62M
  • Funding rounds: 9
  • Number of investors: 34

You can find their website here.

8) Klarna

Klarna combines the simplicity of shopping with the speed of online payment processing to create a superior experience for your customers.

Details of the startup:

  • Valuation: $6.70B (December 2011)
  • Country: Sweden
  • City: Stockholm
  • Started in: 2005
  • Founders: Niklas Adalberth, Sebastian Siemiatkowski, Victor Jacobsson
  • Number of employees: 5,000-10,000
  • Funding: $3,471.72M
  • Funding rounds: 33
  • Number of investors: 65

You can find their website here.

9) CRED

CRED provides members with a single, easy-to-use platform to organize and manage all of their credit card bills. As a member, you’ll earn cash for each and every one of your payments.

Details of the startup:

  • Valuation: $6.40B (April 2021)
  • Country: India
  • City: Bengaluru
  • Started in: 2018
  • Founders: Kunal Shah
  • Number of employees: 500-1,000
  • Funding: $692.48M
  • Funding rounds: 8
  • Number of investors: 31

You can find their website here.

10) Airwallex

Airwallex is a fintech platform that includes international payments network, global trade finance platform, and digital currency asset trading for the financial ecosystem.

Details of the startup:

  • Valuation: $5.50B (March 2019)
  • Country: Australia
  • State: Victoria
  • City: Melbourne
  • Started in: 2015
  • Founders: Jack Zhang, Jacob Dai, Lucy Yueting Liu, Max Li
  • Number of employees: 1,000-5,000
  • Funding: $802.00M
  • Funding rounds: 11
  • Number of investors: 20

You can find their website here.

To follow the complete list of the first 50 payments unicorns click here

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Chris Skinner is best known as an independent commentator on the financial markets through his blog, TheFinanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal’s Financial News. 

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Anders Olofsson – former Head of Payments Finastra

Banking 4.0 – „how was the experience for you”

So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”

Many more interesting quotes in the video below:

Sondaj

In 23 septembrie 2019, BNR a anuntat infiintarea unui Fintech Innovation Hub pentru a sustine inovatia in domeniul serviciilor financiare si de plata. In acest sens, care credeti ca ar trebui sa fie urmatorul pas al bancii centrale?