Opn Valuation, Funding & Investors

Mesh is a global payment network for cryptocurrencies founded in 2020. It interconnects exchanges, wallets, and payment providers to facilitate seamless digital asset transactions and conversions in a unified ecosystem.

PPRO is a London-headquartered fintech firm offering payments orchestration infrastructure that connects businesses, banks, payment platforms, acquirers, and merchants to over 150 local payment methods in 120 countries through a single API. The platform delivers checkout optimization, acquiring services, fraud screening, and risk tools deployable without coding. Partners such as Citi, PayPal, and Stripe utilize PPRO to streamline operations, increase conversion rates, and manage complex payment flows across regions including Europe, North America, Latin America, and Asia Pacific.

zerohash is a New York-headquartered infrastructure provider for crypto on-ramps and stablecoin payments. Its API enables trading, remittances, and tokenization within apps and wallets. zerohash ensures compliance with US regulations for clients like payroll platforms.

Fawry is an Egyptian electronic-payments and financial-services platform founded in 2008 and headquartered in Cairo. It connects consumers, merchants, banks, billers and government entities through physical points of sale and digital channels. Services include bill payment, merchant acceptance, collections, mobile transactions and adjacent financial products. Revenue comes from transaction fees, commissions and services sold across its payments network. Fawry is listed on the Egyptian Exchange and operates as a regulated technology-enabled payments company. ADQ acquired a 12.6% minority position in 2022 through the same negotiated Egyptian share-purchase program that covered four other listed companies. Its hybrid network links digital rails with a broad merchant footprint, supporting cash and electronic payment use cases.

Worldline is a payment service provider offering merchant acquiring, payment processing, and payment infrastructure solutions to merchants and banks.

Evertec is a full-service transaction processor and financial technology provider headquartered in San Juan, Puerto Rico, and listed on the New York Stock Exchange under the symbol EVTC. It provides merchant acquiring, payment services and business process management services in Latin America, Puerto Rico and the Caribbean, and operates in 26 Latin American countries. The company owns and operates the ATH network, one of the leading PIN debit networks in Latin America, and manages electronic payment networks that process over ten billion transactions annually. It began in 1998 as part of Banco Popular de Puerto Rico and was founded as a subsidiary of the bank in 2004. In 2010 Apollo Management acquired 51% of Evertec, and the company listed on the NYSE in 2013. It has more than 5,000 employees and has expanded through acquisitions in Colombia, Chile, Peru, Costa Rica, Argentina, Mexico and Brazil, including Sinqia, Tecnobank and Dimensa.

Paysafe Ltd is an integrated payments platform. Its core purpose is to enable businesses and consumers to connect and transact seamlessly through capabilities in payment processing, digital wallet, and online cash solutions. The company's reportable segments are Merchant Solutions and Digital Wallets. The Merchant Solutions segment, which derives maximum revenue, services markets in North America, Canada and Europe. The Digital Wallets segment services markets in Europe, UK, North America and Latin America. It derives a majority of revenue from the USA followed by Germany, the UK, and all other countries.

DLocal Ltd is focused on making the complex simple, redefining the online payment experience in emerging markets. Through its technology platform, One dLocal, the company enables world-wide enterprise merchants to get paid (pay-in) and to make payments (pay-out) online in a safe and efficient manner. The company earns revenue from fees charged to merchants in connection with payment processing services for cross-border and local payment transactions. The company operates in a single operating segment, which is payment processing. The company's geographical segments include Latin America and Non-Latin America, with a majority of its revenue being generated from Brazil in the Latin America region.

Paymentus Holdings Inc provides electronic bill presentment and payment services, enterprise customer communication and self-service revenue management to billers through a Software-as-a-Service (SaaS), secure, omni-channel technology platform. The platform integrates with a biller's financial and operational systems to provide secure and flexible processing of payments, including credit cards, debit cards, eChecks, and digital wallets, across multiple channels such as online, mobile, IVR, call centers, chatbots, and voice-based assistants. The company generates the majority of its revenue from payment transaction fees processed through its platform. Geographically, it derives the maximum revenue from the United States.

Nexi is a payment services provider offering merchant acquiring, card issuing, and digital banking services across Europe. Nexi’s services cover the entire payment chain excluding the card scheme. It offers its acquiring and issuing services either in partnerships with banks, providing point-of-sale terminals, processing, or issuing services on their behalf or directly to merchants.

Kaspi.kz JSC is the payment, marketplace, and Fintech ecosystem in Kazakhstan. The firm provides interconnected technologically seamless products and services that help people to pay, shop and manage their finances. Its operating segment includes the Payments Platform that connects its customers, which consist of both consumers and merchants, to facilitate cashless, digital transactions, the Marketplace Platform, which derives maximum revenue, connects merchants and consumers enabling merchants to increase their sales and consumers to buy a broad selection of products and services offered by a variety of merchants, and Fintech Platform that enables customers to manage their personal finances online and access consumer finance and deposit products through the Kaspi.kz Super App.

Circle Internet Group Inc is a financial technology firm engaged in digital currencies and public blockchains for payments, commerce, and financial applications. The company's platform is a full-stack, internet financial platform business, organized around three pillars: Arc Blockchain and Developer Infrastructure, Circle Digital Assets and Services, and Circle Applications.

Andalusia Labs is a blockchain infrastructure provider building tools for decentralized economic systems. The company develops protocols for token issuance, liquidity management, and cross-chain interoperability, supporting web3 applications in DeFi and digital asset markets.

Axelar Network is a privately held technology company active in crypto & web3 platforms. Axelar Network is a decentralized interoperability platform launched in 2020 that connects disparate blockchain ecosystems, applications, and users through a suite of protocols, tools, and APIs. Developers leverage it to enable cross-chain composability, liquidity transfer, and dApp functionality across Cosmos, EVM, and other chains from a single integration point. The product serves B2B customers through software, digital infrastructure or an online application. The company's commercial model is based on usage-based fees, depending on the feature or transaction used. Its operating role is to build and maintain the product rather than to manage a third-party investment fund. Morningstar Ventures identifies Axelar Network as a portfolio company and provides a first-party record of the investor's financing. The public evidence supports the company's product role and investment relationship while leaving any undisclosed headquarters, founding date and ownership terms unset.

Bitfury Group is an Amsterdam-headquartered full-stack blockchain company providing hardware and software infrastructure. It manufactures ASIC miners, develops the Exonum blockchain framework, and operates large-scale mining facilities in Georgia, Iceland, and Sweden. Founded in 2011, Bitfury serves governments and enterprises with secure asset transfer solutions.

EBANX is a Curitiba-headquartered payments processor enabling cross-border e-commerce in Latin America with local methods like Pix, Boleto, and installments. It powers transactions for Netflix, Spotify, AliExpress, and Uber across Brazil, Mexico, Colombia, and Chile. Founded in 2012, the company handles billions in annual volume through its Smart2Pay acquisition.