Unveiling the Top 30 Cross-Border Payment Firms to Watch Out for in 2023
New Market Map Highlights Promising Players in Cross-Border Payments
A new annual market map, the "Most Promising Cross-Border Payments Companies," is set to debut, celebrating 30 companies making waves in the industry. This list is not limited to just start-ups, but it does favour companies that have spun out from established players or have a reasonably or fully established customer base.
The criteria for this esteemed list are not explicitly detailed, but based on the companies featured, such as Airwallex and Rapyd, they likely consider factors like innovation and effectiveness in cross-border payment solutions and financial infrastructure, support for multi-currency business accounts and international payments, growth metrics like user base expansion, funding rounds, and valuation, integration capabilities with other financial and business software, market impact and geographical reach, and recognition by industry authorities or rankings.
While the specific companies expected to be announced on October 12, 2023, have not been confirmed, some likely candidates include Airwallex, Rapyd, and Alipay+. These companies are major players in the cross-border payments space, with Airwallex specialising in multi-currency accounts and international payments, Rapyd being a leader in global fintech, and Alipay+ known for connecting international merchants to Asian payment methods.
Inclusion in the top 100 list is considered a definitive benchmark of the industry's biggest players. Companies must be primarily or largely focused on cross-border payments and demonstrate growth through increased product offerings, a rise in clients, or additional hires to be considered for inclusion.
Stay tuned for the official announcement of the "Most Promising Cross-Border Payments Companies" list on October 12, 2023, for a comprehensive look at the companies shaping the future of cross-border payments. For precise criteria or a confirmed list for that date, consult the official announcement sources or organizers of the list.
The prestigious "Most Promising Cross-Border Payments Companies" list, scheduled for release on October 12, 2023, is anticipated to include finance-focused companies that have proved their effectiveness in cross-border payment solutions and infrastructure, such as Airwallex, Rapyd, and Alipay+. Given the extensive impact and geographical reach of these firms, their inclusion indicates a significant presence in shaping the future of the cross-border payments industry.
