FXC Intelligence to announce top 100 cross-border payment companies for 2023
- FXC Intelligence is set to announce The 2023 Cross-Border Payments 100 on April 20.
- Now in its fifth year, the market map is published annually to recognise and celebrate the biggest players in the cross border payments industry
- FXC Intelligence tracks over 15,000 companies in this space, making the top 100 the cream of the crop.
Later this week, FXC Intelligence will be announcing and publishing The 2023 Cross-Border Payments 100, a market map of the key players in the cross-border payments space.
Now in its fifth year, the top 100 is published annually and is widely recognised as the main benchmark of the biggest players in the cross border payments industry.
Featuring companies across money transfers, payments processing, ecommerce, B2B and beyond, the map separates the top 100 players into seven groups: VC/growth equity backed, independently owned, banks, private equity backed, crypto and public companies.
To make our list, companies have to fulfill a certain criteria:
- Be of a certain scale. This is not a startup or VC list (there are lots of those). This is also not a challengers list (we have one of those too).
- Companies don’t have to have raised outside funds, but they must have an established customer base.
- Cross-border payments must either be the primary activity (many payment companies) or a substantial revenue line (certain banks, technology companies, payment processors or card companies). With subsidiaries, we include them in the parent company, rather than listing them separately.
Daniel Webber, CEO and founder of FXC Intelligence said ahead of the announcement:
“The companies on this list are really the cream of the crop. Out of over 15,000 players in the cross-border payments space, we’ve whittled it down to these 100 players that have a real meaningful impact on the industry.
“FXC Intelligence’s industry expertise and our unique data and insight into the industry puts us in a position to make this assessment and the top 100 list is the definitive guide to key players in the cross-border space.”
We will be publishing the list on our website and in our newsletter this Thursday, alongside insights into the industry that we have gathered over the past five years of publishing the list.
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