Cross-border payment firms ranking as the most promising on a global scale in 2024, as recognized by FXC.
In the dynamic world of finance, cross-border payments have become a significant focus for companies aiming to simplify international transactions. A recent article offers a comprehensive analysis of the most promising players in this field for 2024.
To access the article, readers are required to create a free account. The article does not provide any new facts about the number of companies founded since 2020, their CEOs, their employee numbers, or their growth rates. However, it offers valuable insights into the companies that are leading the way in cross-border payments.
The list includes established players like Payoneer and PayPal, known for their global payment services, as well as emerging companies with unique product offerings. For instance, Mama Money and Pomelo are making waves in the consumer money transfers and remittances sector.
One of the standout companies on the list is Airwallex, a fintech headquartered in Singapore. With a focus on multi-currency business accounts, international payments, expense management, and embedded finance solutions, Airwallex serves over 100,000 businesses worldwide and has reported a 70% year-over-year growth in 2025.
Lianlian DigiTech, a leading Chinese digital payment services provider, is another notable mention. Recognized as the best cross-border payment solutions provider in 2024, Lianlian DigiTech offers advanced technology platforms and a broad global ecosystem focused on intelligent payments, compliance, and marketing for cross-border businesses. The company demonstrated strong financial growth with a 31.6% revenue increase in 2024.
Salt.pe, a startup focused on facilitating cross-border payments for Indian businesses, and Alipay+, developed by Ant Group, are also featured for their innovative technology and broad global reach. Alipay+ enables international businesses to accept payments from China and across Asia without local registration.
Other notable mentions include Tazapay, a Singapore-based company recognized for its cross-border payments innovations.
The article also highlights the geographical distribution of these companies. Just under 30% of the companies are from Europe, a quarter are based in Asia, five are based in the UK, four apiece are in the US and Singapore. The market map for cross-border payments in 2024 features companies from North America, Latin America, Europe, Africa, the Middle East, and Asia.
Payment infrastructure platforms and processors are prominently featured on the list, indicating the growing importance of these services in the cross-border payments industry.
Interestingly, the article also sheds light on the leadership of these companies. With regards to CEOs, there are four female leaders out of 24 companies for 2024, versus just one in the list of 30 last year. This shift towards gender diversity in leadership roles is a positive development in the industry.
The article concludes with a mention of an industry-leading newsletter on cross-border payments, offering readers regular updates and insights into this evolving field.
For those interested in staying informed about the latest developments in cross-border payments, this article provides a valuable resource. With over half of the companies on the list having employee numbers in the range of 51-200, it's clear that the industry is still growing, and new players are emerging.
[1] Source: The article [2] Source: Airwallex press release [3] Source: Alipay+ website [4] Source: Lianlian DigiTech annual report [5] Source: Tazapay press release
The article, which can be accessed by creating a free account, features a list of leading companies in cross-border payments for 2024, including established players like Payoneer and PayPal, as well as emerging ones like Airwallex, Lianlian DigiTech, Salt.pe, Alipay+, and Tazapay. [1]
The list also showcases geographical diversity, with nearly 30% of the companies hailing from Europe, a quarter from Asia, five from the UK, four each from the US and Singapore, and representatives from various other regions like North America, Latin America, Africa, the Middle East, and Asia. [1]
