Bold Funding, Investors & Competitors

Founded in 2009, Block provides payment services to merchants, along with related services. The company also launched Cash App, a person-to-person payment network. In 2025, Square's payment volume was almost USD 260 million.

SumUp is a London-headquartered financial technology company that provides small merchants, independent shops and sole traders with card readers, point-of-sale systems and a suite of business tools. Its products include portable card terminals, the POS systems of acquired Goodtill and Tiller, payment links, an online store builder, invoicing software, business accounts with debit cards and merchant cash advances, and it earns mainly transaction fees plus hardware and subscription revenue. The company serves more than four million small businesses in about 35 markets across Europe, the Americas and Australia, and employed around 3,000 people in 2022. It generated revenue of roughly EUR 1 billion in 2023 and has been EBITDA-positive since the fourth quarter of 2022. SumUp was founded in Berlin in 2012 by a team including Daniel Klein, Marc-Alexander Christ and Stefan Jeschonnek, and launched its first card reader in August 2012. It is privately held by its founders and investors including Bain Capital Tech Opportunities, Sixth Street, BlackRock, Groupon and American Express, and was valued at an enterprise value of EUR 8 billion in its June 2022 funding round.

Shift4 Payments Inc is provider of integrated payment processing and technology solutions. The company offers software providers a single integration to an end-to-end payments offering, a powerful gateway and a robust suite of technology solutions (including cloud enablement, business intelligence, analytics, and mobile) to enhance the value of their software suites and simplify payment acceptance. The company derives maximum revenue from United States.

Lakala payment Co Ltd is a third-party payment company in China. It provides personal payment, merchant payment, credit reporting and other business including online and offline" by means of hardware and software.

StoneCo Ltd is a provider of financial technology solutions. It serves MSMBs solutions, at fair prices, and provides the customer experience to help them manage their businesses and sell more. Its Stone Business Model combines end-to-end, cloud-based technology platforms; differentiated hyper-local and integrated distribution approaches; and white-glove, on-demand customer service. The brands of the company include: Stone: For small and medium-sized businesses, all management is integrated with the payment terminal, business bank account, and card, all within the same app. Ton: For micro-entrepreneurs and freelancers, modern card machines, sales via Pix or TapTon, and a Super Account. Stone pagar.me for those who sell online. Digital payment technology for all types of businesses.

Flatpay is a Copenhagen-based fintech, founded in 2022, that provides flat-rate, no-hidden-fee payment terminals, point-of-sale systems, and e-commerce payment solutions for small and medium-sized businesses. The company operates across Denmark, Finland, Germany, Italy, France, and the UK, competing against incumbents such as PayPal and Stripe with simplified pricing aimed at Europe's SME market. It serves more than 100,000 merchants across its markets.

Tyro Payments is an Australian financial technology company engaged in providing routing payments solutions and business banking products to merchants. The firm mainly caters to small to medium-size enterprises in the hospitality, retail and health sectors. It is also expanding its reach into adjacent new markets such as trade, accommodation and services. Tyro’s value propositions include extensive industry-specific solutions, ease of integration with point-of-sale systems, broad acceptance of payment types and a variety of ancillary features. Despite Tyro’s historic focus on in-store sales, it is also building up online gateways to facilitate e-commerce transactions and build out a multichannel payment solution. Geographically, it operates only in Australia.

Yeahka Ltd is a payment-based technology platform in China that provides payment and business services to merchants and consumers. It derives revenue from one-stop payment services, merchant solutions services, and in-store e-commerce services. One-stop payment services provide merchants with their acceptance of non-cash payments from consumers, by connecting the merchants with the payment networks; Merchant solutions services leveraging on the established customer base acquired from the provision of the one-stop payment services, the Group also provides series of value-added merchant solutions services; In-store e-commerce services leveraging on the established customer base with merchants acquired from providing one-stop payment services, and others.

Stripe is a financial infrastructure company that provides payment processing and related software to online and in-person businesses. It was founded by brothers Patrick and John Collison and is headquartered in South San Francisco, California, with a second headquarters in Dublin, Ireland. Its products cover payments, billing, invoicing, tax, fraud prevention, card issuing, embedded finance for platforms, terminals and stablecoin and crypto infrastructure. Businesses running on Stripe generated 1.9 trillion US dollars in total volume in 2025, up 34 percent from 2024, and the company reported revenue of about 5.1 billion US dollars for 2024. A tender offer for current and former employees in February 2026 valued the company at 159 billion US dollars. Stripe remains privately held. As an acquirer it has bought software and payments businesses including Paystack, TaxJar, Recko, Bridge, Privy, Metronome and OpenRouter, and it has made minority investments in startups such as Monzo, Ramp, Check and Pilot.

Ant Group is a fintech company building digital infrastructure for financial services via platforms like Alipay. Hangzhou-headquartered, it supports consumers and SMEs with payments, lending, insurance, and wealth management across Asia. The ecosystem includes Ant Fortune for investments and Ant Financial Cloud for enterprise solutions.

Ramp is a US financial operations company that sells corporate charge cards together with software for expense management, accounts payable and bill payment, procurement, travel booking, business banking and automated bookkeeping. Ramp Business Corporation was founded in March 2019 by Eric Glyman, Karim Atiyeh and Gene Lee and is headquartered at 28 West 23rd Street in New York City, with further offices in Miami and San Francisco. It earns most of its revenue from interchange on card spend, alongside subscription fees for its paid Ramp Plus software tier. Its customers range from startups and mid-sized companies to large enterprises, school districts and non-profits; the company says more than 85,000 businesses use it and that it powers over $275 billion in purchases a year. Ramp passed $2 billion in annualized revenue in 2026 with positive cash flow, and in October 2026 it raised $1.85 billion in a round led by Dragoneer Investment Group at a $60 billion valuation. It has grown partly through acquisitions, including Buyer, Cohere.io, Venue, the Jolt AI team, the Stockholm payments firm Billhop and the guest travel platform Juno, and in 2026 it began serving companies headquartered in the UK and EU directly.

PayPal was spun off from eBay in 2015 and provides electronic payment solutions to merchants and consumers, with a focus on online transactions. The company had 434 million active accounts at the end of 2024. The company also owns Venmo, a person-to-person payment platform.

Adyen is a payment company that provides merchants with a single platform to accept e-commerce, mobile, and point-of-sale payments in multiple countries using various payment schemes and methodologies. Adyen started out providing only gateway and payment processing services to merchants but soon expanded into merchant acquiring services as well. Adyen obtained a banking license to improve settlement of merchant accounts.

Global Payments is a leading provider of payment processing and software solutions and focuses on serving small and midsize merchants. The company operates in 30 countries and generates about one fourth of its revenue from outside North America, primarily in Europe and Asia. In 2019, Global Payments merged with Total System Services in an all-stock deal that gave Total System Services shareholders 48% of the combined company’s shares. The merger added issuer processing operations.

Founded in 2012, Affirm is a market leader in the buy now, pay later space with around $36 billion in transaction volume in fiscal 2025. Affirm offers both zero-interest financing, which is merchant-subsidized, and interest-bearing loans, which function as personal loans that are approved on a per-transaction basis. Over 70% of Affirm’s transaction volume comes from its interest-bearing loans, which also constitute the majority of its revenue. Affirm primarily operates in the United States, which accounted for more than 95% of its revenue in 2025, but it has also expanded to Canada and the United Kingdom.

Toast Inc is a cloud-based, all-in-one digital technology platform purpose-built for the restaurant community. The company provides a comprehensive platform of software-as-a-service (SaaS) products and financial technology solutions, including integrated payment processing, restaurant-grade hardware, and a broad ecosystem of third-party partners. It serves as a restaurant operating system, connecting front of house and back of house operations across service models such as dine-in, takeout, and delivery. It operates through one reportable segment consisting of its SaaS products, financial technology solutions, integrated payments, hardware, and partner ecosystem.