The global payments sector is home to 84 unicorn startups, creating a competitive landscape for financial technology. At the top is China's Ant Group, which has reached a valuation of $150B.
Other major players include Stripe with a $92B valuation and Revolut at $75B, highlighting the industry's high-growth nature.
Below is the full list of 84 Payments unicorn startups at this time.
Top 10 Most Valuable Payments Unicorns
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Get the Sheet for $50Ant Group builds the technology infrastructure for financial services, aiming to connect consumers and small businesses with digital payment tools. Their most recognized product is Alipay, a massive digital wallet and lifestyle platform that has expanded to include services like loans and wealth management.
| Valuation | $150B |
| Headquarters | Hangzhou, Zhejiang, China |
| Year Founded | 2014 |
| Founders | Jack Ma |
| Funding Amount | $28.5B |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Series C |
| Top Investors | Sequoia Capital, Temasek Holdings, BNP Paribas, General Atlantic, Warburg Pincus |
Stripe develops a suite of APIs that power online payment processing and commerce for internet businesses. Their platform is widely recognized for its developer-friendly tools that simplify accepting payments and managing online business operations.
| Valuation | $92B (Joined January 2014) |
| Headquarters | South San Francisco, California, United States |
| Year Founded | 2010 |
| Founders | John Collison |
| Funding Amount | $9.4B |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Venture Round |
| Top Investors | Founders Fund, Khosla Ventures, Andreessen Horowitz, Sequoia Capital, General Catalyst |
Revolut created a financial app that combines banking services, money transfers, and foreign exchange. Their platform gives users detailed spending analytics to help them manage their money from one place.
| Valuation | $75B (Joined April 2018) |
| Headquarters | London, England, United Kingdom |
| Year Founded | 2015 |
| Founders | Nikolay Storonsky, Vlad Yatsenko |
| Funding Amount | $1.9B |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Undisclosed |
| Top Investors | Bond, Lakestar, Ribbit Capital, Index Ventures, Coatue |
Ripple develops enterprise blockchain technology for financial institutions, enabling faster cross-border payments and digital asset custody. Their core payment network provides a modern alternative to traditional systems for moving value around the world.
| Valuation | $40B (Joined December 2019) |
| Headquarters | San Francisco, California, United States |
| Year Founded | 2012 |
| Founders | Arthur Britto, Chris Larsen, Jed McCaleb, Ryan Fugger |
| Funding Amount | $793.8M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | Abstract, Lightspeed Venture Partners, Citadel Securities, Pantera Capital, Andreessen Horowitz |
Checkout.com provides a flexible payments platform that helps enterprise brands manage and process transactions on a global scale. Their technology allows businesses to accept a wide range of payment methods and optimize revenue through a single, integrated API.
| Valuation | $40B (Joined May 2019) |
| Headquarters | London, England, United Kingdom |
| Year Founded | 2012 |
| Founders | Guillaume Pousaz |
| Funding Amount | $1.8B |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series D |
| Top Investors | Insight Partners, Ribbit Capital, Endeavor Catalyst, Coatue, Franklin Templeton |
PhonePe developed a popular mobile application for digital payments and financial services across India. Their platform enables users to easily transfer money, pay bills, and access a suite of financial tools.
| Valuation | $15B |
| Headquarters | Andheri, Maharashtra, India |
| Year Founded | 2015 |
| Founders | Burzin Engineer, Rahul Chari, Sameer Nigam |
| Funding Amount | $3.2B |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Private Equity |
| Top Investors | General Atlantic, Tiger Global Management, Tencent, Walmart, Ribbit Capital |
Rapyd provides a global payments platform that lets businesses embed financial services into their own applications. Their system simplifies the complexity of international sales by unifying local payment methods from around the world.
| Valuation | $8.75B (Joined December 2019) |
| Headquarters | London, England, United Kingdom |
| Year Founded | 2016 |
| Founders | Omer Priel |
| Funding Amount | $1.3B |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series F |
| Top Investors | General Catalyst, BlackRock, Spark Capital, Oak HC/FT, Stripe |
SumUp builds financial tools that allow businesses to accept card payments at the point of sale or on the go. They are known for their simple card readers and a suite of business tools designed to support small merchants.
| Valuation | $8.5B (Joined July 2019) |
| Headquarters | London, England, United Kingdom |
| Year Founded | 2011 |
| Founders | Jan Deepen, Marc-Alexander Christ, Petter Made, Stefan Jeschonnek |
| Funding Amount | $4B |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Private Equity |
| Top Investors | Deutsche Bank, Sixth Street, BlackRock, Temasek Holdings, Goldman Sachs |
Tipalti built a global payables automation platform to manage the entire accounts payable workflow for businesses. Their software streamlines mass payments to suppliers across the globe, handling everything from onboarding and tax compliance to currency conversion.
| Valuation | $8.3B (Joined October 2020) |
| Headquarters | Foster City, California, United States |
| Year Founded | 2010 |
| Founders | Chen Amit, Oren Zeev |
| Funding Amount | $915M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series F |
| Top Investors | 01 Advisors, JP Morgan Chase, Zeev Ventures, Group 11, G Squared |
Razorpay builds a comprehensive payments platform that allows businesses to manage their entire money flow. They provide a suite of software solutions for accepting customer payments, automating payouts, and handling business banking needs.
| Valuation | $7.5B (Joined October 2020) |
| Headquarters | Bangalore, Karnataka, India |
| Year Founded | 2014 |
| Founders | Harshil Mathur, Shashank Kumar |
| Funding Amount | $816.4M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series F |
| Top Investors | Ribbit Capital, Z47, Lightspeed Venture Partners, Y Combinator, Peak XV Partners |
The Remaining 74 Payments Unicorns
The ten most valuable companies offer a snapshot of where the payments industry is headed. But they represent only a small piece of a much larger global movement.
While the United States is home to the largest share of these startups, founders from more than twenty countries are building billion-dollar payments businesses. Here’s a look at the other companies that are redefining how money moves.