Meet The World’s Top 100 Cross-Border Payments Companiesby Fintech News Singapore March 5, 2020
FXC Intelligence, a financial data company, has released its selection of the world’s top 100 cross-border payments companies for 2020.
According to an Accenture report, the overall value of cross-border payments reached US$23.6 trillion in 2018, and is projected to grow to US$24.8 trillion in 2019. Cross-border payments are expected to rise by 5.6% per year, driven both by retail (C2C, C2B, B2C) and corporate payments.
For the list, FXC Intelligence focused on companies with a certain scale, an established customer base, and which are not startups. These companies also either have cross-border payments as their primary activity or have cross-border payments as a substantial revenue line.