Top 10 fintech payment platforms to see in 2022
From brilliant e-commerce solutions that have transformed the industry into digital wallets for cryptocurrencies and cross-border vendors, digital payment platforms are flourishing in the fintech area. In fact, new innovations over the last decade have not only transformed the industry, but the entire payment culture itself, which has allowed e-commerce and e-commerce to truly flourish, as well as provide new opportunities for small businesses and consumers. . We have listed the top 10 to see this year as they expand and scale into new markets.
With a valuation of 8.4 billion dollars, Bolt is on a mission to democratize trade. Its one-click checkout product aims to provide businesses with the same technology that Amazon has used since 1997. At the same time, fintech incorporates the use of payments and fraudulent services that ensure transactions are genuine and payments can be accepted. As the world’s first platform for checkout experience, Bolt offers a lightning-fast checkout with one click and connects millions of shoppers to retailers through a unified network across brands.
Billd is a Texas-based construction finance company that works with regional and national suppliers across the United States to provide project-based financing to contractors. Its short-term financing solutions enable immediate payment to suppliers, while giving contractors the flexibility to pay for material purchases over time. Billd’s co – founders Chris Doyle and Jesse Weissburg acknowledged how a lack of access to working capital affects entrepreneurs’ ability to run and expand their business.
Launched in 2012, Affirm is a listed, US-based financial technology company headquartered in San Francisco. The company is a financial lender in the consumer lending sector, and although the jury is out on its valuation – predictions range between USD 1-10 billion – it is still an impressive leader in the digital payments field. The Fintech business enables users to take out microloans at the point of sale with participating suppliers and aims to offer a fast, transparent and more inclusive credit card lending alternative.
SpotOn offers mobile payment technology and management systems for restaurants and small businesses. Launched in 2017 and now with a value of 3.15 billion dollars, the fintech startup takes great pride in offering one of the only objective and objective websites for evaluating merchant accounts on the internet. SpotOn’s free app for iPhone and Android devices allows users to check in to events and earn “seats” that can be redeemed for prizes as an additional incentive.
With a value of $ 40 billion, Checkout.com is one of the world’s leading payment platforms. It has a solid position as a provider of trading services for international e-commerce merchants. Checkout.com’s overall product offering is affordable compared to competitors, and the platform integrates electronic payments, analytics and fraud monitoring into one frictionless solution. The company, headquartered in London, also processes payments for large customers, including Pizza Hut, H&M and Farfetch, as well as fintechs such as Coinbase, Klarna and Revolut.
AeroPay is an alternative payment company that allows customers to pay participating businesses through a direct bank transfer. Fintech’s payment solutions are designed to give companies lower costs, faster settlement times and increased security. AeroPay uses its patented payment process to enable “smart bank transfers” between companies and their customers (C2B) or other companies (B2B).
Braintree is a full-stack payment platform that makes it easy to accept payments via your app or website. The service replaces the traditional model of obtaining a payment gateway and merchant account from different providers.
Braintree is often compared to PayPal, but it differs in that it is aimed at e-commerce companies with larger volumes that need a lot of customized control over their payment processes. On the other hand, PayPal is designed to be simple and easy to use for sellers with modest e-commerce needs.
Clover is a cloud-based Android point of sale platform (PoS) launched in April 2012. The budding fintech gives small business owners the opportunity to set up as suppliers, simply by downloading their app and opening an account on the Clover platform via their cell phone. Headquartered in Sunnyvale, California, the company was founded by Kelvin Zheng, Leonard Speiser, Mark Schulze and John Beatty, of whom the latter is also fintech’s CEO. Clover is owned by Fiserv, a leading financial technology company, and has an estimated value of $ 188 billion by 2025 if it continues on its current growth trajectory.
