This article provides an overview of 10 new mobile payment solutions. These innovative solutions include fiat-to-crypto payment ramps that enable smooth transitions between traditional and digital currencies. Some companies are using blockchain to improve transaction security and transparency.
Additionally, a few are concentrating on cross-border services to optimize fees and shorten transaction times for global transfers. Each company brings distinct offerings to the field, from the integration of advanced encryption methods to advancing decentralized finance (DeFi) frameworks. We updated this report 5 days ago.
Read on to gain up-to-date and data-driven insights on:
Click to download
Key Takeaways
Drawing insights from the Big Data & AI-powered StartUs Insights Discovery Platform that provides data on over 4.7+ million emerging companies globally, we explore the evolving landscape of the mobile payment industry. This sector is marked by key trends and a substantial workforce, shaping its future. Notice something’s off? Let’s make it right together — reach out! Here are some key insights at a glance:
- Latest Mobile Payment Trends: Some of the major trends impacting the mobile payment solutions industry are blockchain security, QR-based payments, IoT-powered payment devices, cross-border transactions, and voice-activated payments.
- Mobile Payment Industry Statistics: The global mobile payment solutions industry encompasses 23.7K+ organizations and has a 4.4 million workforce. It is experiencing a rise of 4.31% in annual growth rate and has seen the emergence of 2.1K+ new mobile payment solutions companies in the past five years.
- 10 New Mobile Payment Solutions to Watch:
- DeluPay – Non-Card Payments
- KrillPay – Cross-Border Remittance
- Payhive – Simplified Online Payments
- C14 – Fiat-to-Crypto Payment Ramps
- Go F5 – Blockchain-based Payments
- YabandPay – Business Payment Solutions
- Runwayer AI – AI-powered Onboarding
- BRISKPE – Global Payments Solutions
- Emigro – Mobile Payments for International Tourism
- SkipCash – QR-based Digital Payments
Discover 10 out of 2.1K+ Emerging Mobile Payment Solutions
In this section, we explore 10 new mobile payment companies advancing voice transaction capabilities, facilitating mobile payments for international tourists, and simplifying customer onboarding with AI. Additionally, they are introducing secure blockchain-based payment systems, creating seamless fiat-to-crypto payment ramps, and improving cross-border remittance efficiency. By leveraging innovative technologies, these companies transform payments and also set new standards for convenience, security, and financial inclusivity.
Note on Signal Strength
One of the unique metrics we feature for each company is Signal Strength, a proprietary data point generated by our Discovery Platform. It gauges the extent to which a company’s influence has permeated the global ecosystem of startups, scaleups, and emerging companies. This proprietary metric serves as a valuable guidepost for understanding a company’s standing in the broader market landscape.
1. DeluPay
- Founding Year: 2022
- Employee Range: 2-10
- Location: France
- Signal Strength: Very Strong
- What they do: DeluPay offers a mobile payment solution for in-store and online transactions. It directly connects to a customer’s bank account to eliminate the need for credit cards. Additionally, DeluPay leverages secure protocols to safeguard financial data throughout the payment process. Customers initiate payments using QR codes or near-field communication (NFC), further enhancing security by requiring a PIN or biometric fingerprint for transaction authorization. This is useful for local shops as they offer low transaction fees from all retailers.
2. KrillPay
- Founding Year: 2022
- Employee Range: 2-10
- Location: United States
- Signal Strength: Strong
- What they do: KrillPay provides a mobile payment platform for sending money internationally. The platform leverages blockchain to ensure secure and cost-effective international money transfers. Customers fund their KrillPay wallets directly from linked bank accounts and enable instant settlements for recipients. The company offers an additional layer of security through biometric authentication. It tackles the issue of expensive and inefficient remittances across borders.
3. Payhive
- Founding Year: 2019
- Employee Range: 2-10
- Location: Nigeria
- Signal Strength: Medium
- What they do: Payhive accelerates cross-border financial transactions. Its payment links simplify the process of receiving and making payments. It caters to both individual and corporate needs. The platform also features virtual accounts that enhance financial management through efficient and secure money handling. Payhive also makes it easier to buy gift cards and vouchers as well as create donation links. Beneficiaries of these services include individuals seeking convenience in personal transactions and companies streamlining financial operations.
4. C14
- Founding Year: 2022
- Employee Range: 2-10
- Location: United States
- Signal Strength: Very Strong
- What they do: C14 is a virtual crypto asset service provider that allows customers to directly purchase cryptocurrencies using fiat currencies. This is achieved through its fiat-to-crypto payment ramps. The company’s platform’s widget enables customers to complete KYC, store payment methods, and transact across blockchain ecosystems with a seamless payment flow. This eliminates the need for complex exchange accounts or peer-to-peer (P2P) transactions and streamlines the entry process for individuals seeking to invest in cryptocurrency.
5. Go F5
- Founding Year: 2022
- Employee Range: 11-50
- Location: UAE
- Signal Strength: Medium
- What they do: Go F5 is a fintech company that offers a mobile application facilitating financial transactions. Its app, f5, leverages blockchain to provide secure and compliant payment solutions for individuals and businesses. f5 BUSINESS caters to startups and small-to-medium enterprises by providing solutions for accepting payments and setting up e-commerce stores. f5 PERSONAL further offers daily transactions inside the app and a card for shopping and travel.
6. YabandPay
- Founding Year: 2022
- Employee Range: 11-50
- Location: Netherlands
- Signal Strength: Medium
- What they do: YabandPay is a fintech company that offers online and offline payment solutions. Businesses benefit from its comprehensive range of payment options. YabandPay’s platform integrates with various systems and enhances transaction efficiency. Its free e-commerce plugins are supported with hosted and embedded payments. The company also provides in-store payment devices with customized promotional and incentive materials.
7. Runwayer AI
- Founding Year: 2023
- Employee Range: 11-50
- Location: Cyprus
- Signal Strength: Medium
- What they do: Runwayer AI enhances the mobile app customer experience through AI-driven personalized onboarding. It enables the creation of tailored onboarding experiences that significantly increase customer engagement and conversion rates. The platform also offers a dynamic paywall solution and revenue forecast modeling to boost app revenue. With Runwayer AI solution, businesses launch personalized onboarding without incurring development costs and get instant payouts without app store commission fees. The solution caters to mobile app developers seeking to optimize customer acquisition and retention.
8. BRISKPE
- Founding Year: 2023
- Employee Range: 11-50
- Location: India
- Signal Strength: Strong
- What they do: BRISKPE facilitates cross-border transactions and lowers costs. It provides virtual accounts in multiple currencies and offers businesses the ability to collect payments globally without hefty forex fees. The platform supports quick digital KYC processes and enables rapid account setup and immediate use. BRISKPE also streamlines invoice management and payment reconciliation, further enhancing operational efficiency. Beneficiaries include SMEs and freelancers requiring robust international payment solutions. By prioritizing security, transparency, and affordability, BRISKPE ensures every transaction complies with regulations and also maximizes savings for its customers.
9. Emigro
- Founding Year: 2022
- Employee Range: 2-10
- Location: Brazil
- Signal Strength: Very Strong
- What they do: Emigro is a digital wallet that offers instant retail payments in Brazil for travelers, digital nomads, expats, and international students. The wallet installed in the cell phone is pre-loaded directly from the bank account. The platform facilitates retail payments, remittances, and overseas service payments. Emigro caters to individuals and businesses seeking fast and secure global payment solutions. The company enables convenient retail transactions and supports various payment needs globally.
10. SkipCash
- Founding Year: 2019
- Employee Range: 11-50
- Location: Qatar
- Signal Strength: Very Strong
- What they do: SkipCash provides secure digital payment solutions that are easy to integrate into existing systems to facilitate business transaction experiences. It offers various payment functionalities, including a payment gateway, eCommerce plugins, payment links, QR codes, and a tap-to-phone feature. The platform also provides an API and a smart dashboard where customers can monitor, create, and report all transactions. Additionally, SkipCash offers quick settlement cycles accelerating the cash flow to merchants. SkipCash benefits businesses by improving their financial operations with effective, customer-friendly digital payment systems.
Quick Tip to Find New Mobile Payment Solutions
Utilizing a SaaS platform like the Discovery Platform for identifying new mobile payment solutions provides significant benefits compared to traditional scouting methods:
- Streamlined Efficiency: The Discovery Platform offers advanced tools that streamline the scouting process. It replaces your hours of conventional desk research, saving time and resources in identifying mobile payment innovations.
- Access to Real-time Insights: Gain a competitive edge with up-to-date information on the latest trends in the mobile payment industry. The platform keeps you informed with near real-time updates on emerging mobile payment solutions and news, enabling you to make swift and informed decisions.
- Tailored Exploration: Customize your search to focus on specific niches within the mobile payment sector, such as voice transactions, global payments solutions, or AI-powered app onboarding. The platform’s diverse filtering options allow you to target your scouting efforts precisely, ensuring that you find the most relevant and groundbreaking companies in the field.
Ready to Explore All New Mobile Payment Solutions?
This overview highlights just a few mobile payment solutions from all 2.1K+ new companies currently covered by the Discovery Platform. To explore them all, book a personalized demo or download one of our free Industry Innovation Reports for a quick overview.
We value collaboration with industry professionals to offer even better insights. Interested in contributing? Get in touch!
