// SECTOR DOSSIER
payments Unicorns
Every payments unicorn we track — 67 private companies valued $1B or more, tiered by paper valuation. Combined balance sheet myth: $510B.
TIER 1 // APEX TARGETS
The Hectacorns $100B+ · 1
TIER 2 // PRIORITY TARGETS
The Decacorns $10B – $99B · 11
TIER 3 // STANDING HORDE
The Unicorn Herd $1B – $9.9B · 55
- Rapyd$8.7BUNITED KINGDOM
- Airwallex$8BAUSTRALIA
- Razorpay$7.5BINDIA
- Mollie$6.5BNETHERLANDS
- CRED$6.4BINDIA
- Pine Labs$5BINDIA
- Qonto$5BFRANCE
- Zepz$5BUNITED KINGDOM
- Melio$4BUNITED STATES
- MoonPay$3.4BUNITED STATES
- SpotOn$3.15BUNITED STATES
- Forter$3BISRAEL
- BharatPe$2.8BINDIA
- Paytm$2.5BINDIA
- HoneyBook$2.4BUNITED STATES
- Mozido$2.39BUNITED STATES
- Bitso$2.2BMEXICO
- GoCardless$2.1BUNITED KINGDOM
- Tipalti$2BUNITED STATES
- AvidXchange$2BUNITED STATES
- bKash$2BBANGLADESH
- Viva Wallet$2BGREECE
- Clip$2BMEXICO
- Mynt$2BPHILIPPINES
- Zilch$2BUNITED KINGDOM
- OPay$2BNIGERIA
- Bunq$1.9BNETHERLANDS
- Dutchie.com$1.7BUNITED STATES
- ADVASA$1.7B
- dLocal$1.5BURUGUAY
- Ascend Money$1.5BTHAILAND
- Podium$1.5BUNITED STATES
- Lakala$1.5BCHINA
- Chargebee$1.4BUNITED STATES
- Slash$1.4B
- OneCard$1.4BINDIA
- Paidy$1.32BJAPAN
- Feedzai$1.3BUNITED STATES
- Flywire$1.2BUNITED STATES
- YouniteD$1.1B
- Finix$1.1BUNITED STATES
- Flutterwave$1BUNITED STATES
- Heptagon$1BFINLAND
- Payhawk$1BBULGARIA
- TrueLayer$1BUNITED KINGDOM
- Trustly$1BSWEDEN
- Lydia$1BFRANCE
- Xendit$1BINDONESIA
- Papara$1BTURKEY
- Moka$1B
- Ebanx$1BBRAZIL
- Nium$1BSINGAPORE
- MobileCoin$1BUNITED STATES
- MNT-Halan$1BEGYPT
- Nagad$1BBANGLADESH