Companies in Payments
There are 23,269 companies in Payments which include Grab, Affirm, PayPal, Stripe, PhonePe. 5,050 companies in Payments are funded, with 2,698 having secured Series A funding. Till date, the sector has seen the creation of 101 Unicorns. United States has the most number of companies in Payments (5,746), followed by India
(2,987), and then United Kingdom (1,871).
2026 has seen the creation of 32 Payments companies. On average, the last 10 years have seen 1,225 new companies launched every year. Most number of Payments startups have been founded by alumni from Stanford University, Harvard Business School and Harvard University.
Here is a List of top companies in Payments
1. Grab
Operator of a platform providing ride-hailing, food delivery, and payment services. The platform offers options for transportation, on-demand delivery, and various financial solutions. It facilitates connections between consumers, drivers, and merchants. The platform also provides tools and resources for business and enterprise clients.
Key facts about Grab
- Founded Year: 2012
- Location: Singapore (Singapore)
- Stage: Public
- Total Funding till date: $10.4B
- Investors: DiDi, Hyundai Motor Company and 105 Others
- Latest Funding Round: Post IPO, Jul 27, 2021, $*****
- Tracxn Score: 88/100 What is this?
- Competitors Rank: 1 of 354 Competitors
2. Affirm
Provider of point of sale financing solutions for consumers and merchants. It facilitates payment plans with transparent terms and no hidden fees. The company provides options for consumers to pay over time at various retailers. It offers a mobile application and browser extension to manage payments.
Key facts about Affirm
- Founded Year: 2012
- Location: San Francisco (United States)
- Stage: Public
- Total Funding till date: $1.22B
- Investors: GIC, Founders Fund and 44 Others
- Latest Funding Round: Series G, Sep 17, 2020, $*****
- Tracxn Score: 87/100 What is this?
- Competitors Rank: 1 of 72 Competitors
3. PayPal
Provider of online payment solutions, money transfers, and virtual wallets. It facilitates online transactions for individuals and businesses. It offers tools for online checkout, payment links, and invoicing. The platform provides risk management, dispute management, and reporting tools. It allows users to send and receive payments.
Key facts about PayPal
- Founded Year: 1998
- Location: United States
- Stage: Public
- Total Funding till date: $216M
- Investors: Credit Agricole, BlueRun Ventures and 28 Others
- Latest Funding Round: Post IPO, Jul 26, 2022, $*****
- Tracxn Score: 87/100 What is this?
- Competitors Rank: 1 of 7,913 Competitors
4. Stripe
Provider of financial infrastructure solutions for revenue growth and payment processing. It offers tools designed for individual or combined use to grow businesses. These tools enable payment acceptance and optimisation globally, both online and in person. The company facilitates various billing models and provides access to borderless money movement. It also offers resources for startups and platforms to build and scale their operations.
Key facts about Stripe
- Founded Year: 2010
- Location: San Francisco (United States)
- Stage: Series I
- Total Funding till date: $9.81B
- Investors: General Catalyst, Sequoia Capital and 127 Others
- Latest Funding Round: Series I, Apr 08, 2024, $*****
- Tracxn Score: 86/100 What is this?
- Competitors Rank: 2 of 3,889 Competitors
5. PhonePe
Provider of digital payment, financial, and technology solutions for consumers. The company offers payment management, insurance, and investment services. Consumer and secured lending options are available. They provide digital gold and credit card services. Travel and commute booking services are also offered.
Key facts about PhonePe
- Founded Year: 2015
- Location: Bengaluru (India)
- Stage: Acquired
- Total Funding till date: $1.01B
- Investors: General Atlantic, Walmart and 25 Others
- Latest Funding Round: Series D, Jan 19, 2023, $*****
- Tracxn Score: 86/100 What is this?
- Competitors Rank: 2 of 2,324 Competitors
