MasterCard is a leading global payment processing company that offers a wide range of payment solutions, including credit, debit, prepaid, and contactless cards. Established in 1966 and headquartered in Purchase, New York, MasterCard serves consumers and businesses in more than 200 countries, processing transactions in over 150 currencies. The company provides various services, such as payment security, fraud management, and consulting for financial institutions and merchants. Its professional services arm, MasterCard Advisors, delivers real-time transaction data and data-driven consulting to help clients enhance their operations. Additionally, MasterCard Labs focuses on research and development to bring innovative payment solutions to market more efficiently. With a processing volume exceeding $9 trillion in 2023, MasterCard operates the world's fastest payment processing network, reinforcing its position as a key player in the global payments industry.
mx51 Pty Ltd is a payment technology provider based in Sydney, Australia, specializing in cloud-based Payment-as-a-Service solutions tailored for banks. Established in 2020, the company offers a range of services, including in-store payment solutions that integrate seamlessly with point-of-sale systems, kiosk solutions for mobile devices, and real-time payment tracking through a merchant dashboard. Additionally, mx51 provides online payment solutions that allow businesses to manage transactions and monitor performance across multiple locations. With its expertise in merchant acquiring and scalable payment technology, mx51 aims to empower banks and their merchant clients to navigate the evolving financial landscape effectively.
ShieldPay Limited is a FinTech company based in Shoreditch, United Kingdom, founded in 2016. It operates an online escrow platform and payments engine that facilitates secure peer-to-peer transactions between consumers and businesses. The platform allows any classified site to function as a transactional marketplace, offering users a reliable method for conducting transactions. ShieldPay is authorized and regulated by the Financial Conduct Authority, and its mission is to eliminate fraud in peer-to-peer payments, ensuring that users can transact with confidence. The platform features a digital escrow facility that incurs no setup costs, protecting both payers and payees by verifying their identities and holding funds securely in the ShieldPay Vault until both parties agree to release them. This approach addresses shortcomings in traditional payment systems, providing a safer alternative for buying and selling goods and services. The company comprises a team of technologists, designers, marketers, and compliance experts dedicated to enhancing the security of the payments ecosystem.
Form3 delivers cloud-based connectivity, payment processing, clearing and settlement services. It is a fully managed payment technology service combining a powerful AWS cloud processing platform, multiple-scheme payment gateways and a fully managed 24x7 service model. Form3's powerful micro-services architecture and API's provide a single point of simple access to the full universe of payment schemes. Its clients include a wide range of regulated financial institutions, including leading banks, non-bank financial institutions, and fintech companies (payment institutions, e-money providers, and pre-paid card providers). Form3 was founded in 2016 and is based in London, England.
mx51 Pty Ltd is a payment technology provider based in Sydney, Australia, specializing in cloud-based Payment-as-a-Service solutions tailored for banks. Established in 2020, the company offers a range of services, including in-store payment solutions that integrate seamlessly with point-of-sale systems, kiosk solutions for mobile devices, and real-time payment tracking through a merchant dashboard. Additionally, mx51 provides online payment solutions that allow businesses to manage transactions and monitor performance across multiple locations. With its expertise in merchant acquiring and scalable payment technology, mx51 aims to empower banks and their merchant clients to navigate the evolving financial landscape effectively.
Form3 delivers cloud-based connectivity, payment processing, clearing and settlement services. It is a fully managed payment technology service combining a powerful AWS cloud processing platform, multiple-scheme payment gateways and a fully managed 24x7 service model. Form3's powerful micro-services architecture and API's provide a single point of simple access to the full universe of payment schemes. Its clients include a wide range of regulated financial institutions, including leading banks, non-bank financial institutions, and fintech companies (payment institutions, e-money providers, and pre-paid card providers). Form3 was founded in 2016 and is based in London, England.
uPaid provides multifunctional digital wallets with a set of remote and contactless payment modules as well as selected additional functions. It implements payment mechanisms for mobile and Internet websites: card, subscription, QR payments, and additional service modules.
Previse Limited develops and offers a proprietary artificial intelligence (AI) solution that supports instant payments between corporate and SMEs. It product provides a score which is a score the likelihood that a corporate buyer will ultimately pay a supplier’s invoice. The company provides the score to funders, principally banks, and asset managers, which pay the supplier instantly on the buyer’s behalf. The company was incorporated in 2014 and is based in London, United Kingdom.
Nets-Account-to-Account Payment Business
Acquisition in 2019
Nets is a provider of payments, card, and information services with an ambition.
Transactis, Inc. is a provider of Software-as-a-Service electronic bill presentment and payment solutions in the United States, helping businesses transition from traditional paper-based processes to efficient digital alternatives. The company's primary offering, BillerIQ, is a cloud-based platform that allows businesses to issue electronic bills and invoices and accept payments through various channels, including online, phone, and mobile devices. Additionally, Transactis offers DocumentIQ, a digital document management solution for transforming and archiving documents. The company serves a diverse range of sectors, including financial services, healthcare, education, and utilities, and operates exclusively through a network of resellers, such as financial institutions and technology companies. Transactis is committed to meeting stringent regulatory and compliance standards. Established in 2001 and based in New York, Transactis operates as a subsidiary of Mastercard Incorporated.
Transfast Remittance operates as a money transfer company that offers money remittance services. The company enables its customers to send money to their families and friends through its network of agents and payout locations. It also offers home cash delivery and cash card credit services. Transfast Remittance was founded in 1988 and is based in New York, United States.
Flutterwave provides a payment service for global merchants and payment service providers.
It provides technology, infrastructure, and services to enable global merchants, payment service providers, and helps banks and businesses build secure and seamless payment solutions for their customers by smoothening the exchange of funds.
The company was founded in 2016 by Iyinoluwa Aboyeji and Olugbenga Agboola and is headquartered in San Francisco, California.
YapStone is a global provider of online and mobile payment solutions, specializing in services for large marketplaces and vertical markets. The company facilitates payments for various platforms, including HomeAway and VRBO, as well as numerous apartment and vacation rental companies, homeowners' associations, and self-storage businesses. With an annual payment volume exceeding $18 billion, YapStone has established itself as a significant player in the payment processing industry. The company has received recognition for its rapid growth, appearing on the Inc. 5000 list of Fastest-Growing Private Companies for nine consecutive years and being named one of Forbes' "Next Billion Dollar Startups" in 2016. YapStone has raised over $110 million in funding from notable investors and operates from its headquarters in Walnut Creek, California, with additional offices across the U.S. and international operations in Ireland. The company's platform enables flexible global payouts, instant funding, and various payment methods, enhancing the monetization of transactions for its clients.
phyre JSC operates the digital wallet that allows payments and money transfers. The company develops a mobile application, which features mobile payments, online shopping, digital loyalty cards, peer-to-peer payments, and allows users to pay contactless via smartphone. phyre JSC was founded in 2015 and is based in Sofia, Bulgaria.
PayKey enables banks to provide their customers with the ability to initiate and complete a range of financial services, including P2P payments, chatbot engagement, balance check, cardless withdrawal, and more, from within any mobile application. Offering a cross-platform banking button on the smartphone’s keyboard boosts the bank’s brand engagement while making the banking experience quick, contextual, and simple for users. Banks are battling to remain relevant as they face an unprecedented competitive environment coupled with changing consumer expectations for instantaneous, highly-efficient, and seamless financial experiences. In a time where consumers expect to access services from any channel at any time, PayKey is helping banks to improve their user experience and boost their brand engagement by enabling their customers to access financial services from within any mobile application.
Razorpay Software Private Limited is an online payment gateway that facilitates businesses in accepting, processing, and disbursing payments through a comprehensive product suite. Founded in 2014 and headquartered in Bengaluru, India, Razorpay offers access to various payment methods, including credit and debit cards, net banking, UPI, and electronic wallets. In addition to its core payment processing services, Razorpay provides several innovative solutions, such as Razorpay Capital, which offers short-term, collateral-free loans for businesses; Razorpay Route, enabling the splitting and transferring of payments; Razorpay Thirdwatch, which identifies risky and fraudulent orders; PrePay CoD, sending payment links for cash-on-delivery transactions deemed risky; and Razorpay X, a solution for managing current accounts, optimizing payouts, and automating payroll compliance.
Chapulín specializes in international money transfers, providing a straightforward solution for sending money from the United States to various countries around the world. The company has developed financial payments software that simplifies and secures the transfer process, ensuring a user-friendly experience for clients. Chapulín offers competitive currency exchange rates, allowing users to send money efficiently while minimizing costs. This platform aims to deliver a hassle-free and reliable service, making it easier for individuals and businesses to manage their international financial transactions.
Dynamics Inc. designs and manufactures interactive payment cards that utilize programmable magnetic stripes to enhance electronic payment systems. Founded in 2007 and headquartered in Cheswick, Pennsylvania, the company offers a range of products, including multi-purpose security and loyalty cards for banks, as well as loyalty systems for merchants and health cards for consumers. Dynamics' technology allows for customizable features, providing enhanced choice, control, convenience, and security in transactions. The company has established strategic partnerships with SoftBank Corp. and its subsidiary. Dynamics operates as a subsidiary of Canadian Imperial Bank of Commerce, focusing on transforming payment methods through innovative card solutions.
Mozido operates a cloud-based mobile payments platform that offers a range of payment and customer engagement solutions tailored for various sectors, including financial institutions, mobile network operators, restaurants, and government agencies. Founded in 2008 and headquartered in Austin, Texas, Mozido provides products such as mobile and web payments, mobile rewards, and a comprehensive B2B payment processing platform known as mVault. Additionally, its MoTEAF platform facilitates integration for clients, enabling them to engage and reward customers through mobile channels. Mozido caters to both banked and unbanked consumers across multiple regions, including the United States, Mexico, Central America, the Caribbean, the Middle East, Southeast Asia, and Africa.
DataCash Group develops and provides outsourced electronic payment solutions, back office reconciliation, identity checking, and risk management solutions for merchants selling through multiple channels. The company's channels include Internet, call center, mobile devices, interactive digital television, and point-of-sale environments. DataCash Group was founded in1997 and is headquartered in London, England.
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