Top 10 fintech payment platforms to watch in 2022

Top 10 fintech payment platforms to watch in 2022

From brilliant e-commerce solutions that transformed the industry to digital cryptocurrency wallets and cross-border providers, digital payment platforms are thriving in the fintech space. Indeed, new innovations over the past decade have transformed not only the industry, but the entire payments culture itself, allowing online shopping and e-commerce to truly thrive, while providing new opportunities for small businesses and consumers. We’ve listed the top 10 to watch this year as they grow and expand into new markets.

With a valuation of $8.4 billion, Bolt is on a mission to democratize commerce. Its one-click checkout product aims to give businesses the same technology that Amazon has used since 1997. At the same time, the fintech integrates the use of payment and fraud services that ensure that transactions are real and that the payments can be accepted. As the world’s leading payment experience platform, Bolt delivers lightning-fast one-click checkout and connects millions of shoppers to retailers through a unified, cross-brand network.

Billd is a Texas-based construction finance company that partners with regional and national providers across the United States to provide project-based financing to contractors. Its short-term financing solutions facilitate immediate payment to suppliers while providing contractors the flexibility to pay for equipment purchases over time. Billd co-founders Chris Doyle and Jesse Weissburg recognized how a lack of access to working capital affects entrepreneurs’ ability to operate and grow their business.

Launched in 2012, Affirm is a US-based publicly traded fintech company headquartered in San Francisco. The company is a financial lender in the consumer installment loan space and while the jury is out on its valuation – forecasts range between $1 billion and $10 billion – it remains an impressive leader in the payments space. digital. The fintech business enables users to take out point-of-sale microloans from participating providers and aims to provide a fast, transparent and more inclusive lending alternative to credit cards.

SpotOn provides mobile payment technology and management systems for restaurants and small businesses. Launched in 2017 and now with a valuation of US$3.15 billion, the fintech startup takes great pride in providing one of the only objective and unbiased merchant account review websites on the internet. SpotOn’s free app for iPhone and Android devices allows users to check in at events and earn “seats” which can be redeemed for prizes as an added incentive.

With a valuation of US$40 billion, is one of the world’s leading payment platforms. It holds a solid position as a merchant service provider for international e-commerce merchants.’s overall product offering is reasonably priced relative to its competitors, and its platform integrates electronic payments, analytics, and fraud monitoring into a frictionless solution. The London-based company also processes payments from large customers including Pizza Hut, H&M and Farfetch, as well as fintechs such as Coinbase, Klarna and Revolut.

AeroPay is an alternative payments company that allows customers to pay participating businesses via direct bank transfer. Fintech payment solutions are designed to provide businesses with lower costs, faster settlement times and enhanced security. AeroPay uses its patented payment process to enable “smart bank transfers” between businesses and their customers (C2B) or other businesses (B2B).

Braintree is a comprehensive payment platform that makes it easy to accept payments through your app or website. Its service replaces the traditional model of sourcing a payment gateway and merchant account from different providers.

Braintree is often compared to PayPal, but it differs in that it caters to high-volume e-commerce businesses that need a lot of personalized control over their checkout processes. In contrast, PayPal is designed to be simple and easy to use for merchants with modest e-commerce needs.

Clover is a cloud-based Android point-of-sale (PoS) platform that was launched in April 2012. The booming fintech is offering small business owners the opportunity to establish themselves as sellers, simply by downloading their application and opening an account on the Clover platform via their mobile phone. Based in Sunnyvale, California, the company was founded by Kelvin Zheng, Leonard Speiser, Mark Schulze and John Beatty, the latter also serving as the fintech’s reigning CEO. Clover is owned by Fiserv, a leading fintech company, and has an expected valuation of US$188 billion by 2025 if it continues on its current growth trajectory.

Amanda P. Whitten