The Cross-Border Payments 100 reveals the world’s most important payments providers
- Today, FXC Intelligence published The 2025 Cross-Border Payments 100.
- Now in its seventh year, the Cross-Border Payments 100 is published annually to celebrate the most important players in the cross-border payments industry.
- With over 15,000 players in the cross-border payments space, the companies that make the list have to fulfill strict criteria.
Today, FXC Intelligence published The 2025 Cross-Border Payments 100. Now in its seventh year, the Cross-Border Payments 100 is widely recognised as the definitive benchmark of the most important players in the industry.
The Cross-Border Payments 100 includes the leading companies in cross-border payments worldwide, including publicly traded companies, startups and private companies. It covers companies operating across consumer money transfers and remittances, B2B payments, banking, ecommerce, payment processing, mobile payments and beyond.
With over 15,000 players in the cross-border payments space, companies have to fulfill the following criteria to be considered for the list:
- 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.
- 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, payment processors or card companies). With subsidiaries, we include them in the parent company, rather than listing them separately.
To produce a definitive overall list, every company is assessed against four areas: its significance as a company globally, its significance in its given market or segment, to what extent cross-border payments is a key part of its business and to what extent it is growing. The combined scores determined which companies made the final 100.
Daniel Webber, CEO and Founder of FXC intelligence, said:
“FXC Intelligence is confident that the companies in the 2025 Cross-Border Payments 100 have earned their place by making a meaningful impact in the industry. The 100 demonstrates the diversity of the industry; this year we celebrate a mix of innovators, established leaders and fast-growing challengers, all helping to shape where the industry is headed.
“It’s a complex landscape that continues to grow and shift. Our data shows the total addressable cross-border payments market is on track to reach $320tn by 2032. With that kind of scale and fragmentation, there’s constant competition — and we’ll be keeping a close watch on all key players over the next 12 months.
“This ranking is built on FXC Intelligence’s deep industry expertise and proprietary data, which is why the Cross-Border Payments 100 continues to be a trusted reference point for understanding the key players in global payments.”
Next week, FXC Intelligence will publish its analysis of the companies included in the report, leveraging the seven years of data available to share insights on the key trends and changes of the companies in the top 100. Advanced insights to support any reporting are available on request.
To read the 2025 Cross-Border Payments 100 in full, click here.