Payments News

The Future Of Payments: Fintech 50 2019

May 08, 2019

In 2018, while cryptocurrencies aiming to disrupt central banks suffered a stunning bear market, many fintech firms trying to make the traditional payments system work better thrived.

Global funding for payments companies jumped from $8 billion in 2017 to $12 billion last year, according to Accenture. And that doesn’t even count the Chinese payments and financial services giant Ant Financial’s $14 billion funding round. In the U.S., the payments category ate up 15% of all financial technology funding deals, more than any other segment of fintech, reports CB Insights.

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