New wave · Worldwide

New payments startups, founded 2020 on

The new wave: 46 payments startups founded in 2020 or later that have raised money in rounds we track, $3.8B between them, placed in 7 segments.

46startups on the map
7segments
$3.8Braised between them
Buy now, pay latermost funded segment

Cross-border and FX

14

Crypto and stablecoin payments

13

Merchant payments and POS

6

Buy now, pay later

4

Payment orchestration

3

Open banking and account-to-account

3

Payments for businesses

3

Segment by segment

Cross-border and FX

14 startups · $426M raised

  1. AsporaAspora is a cross-border finance and remittance company that helps non-resident Indians (NRIs) and global Indians manage their monUnited Kingdom$103M
  2. OpenFXOpenFX is a fintech startup based in New York, founded in January 2024 by Prabhakar Reddy, who previously co-founded FalconX.United States$94M
  3. NomuPayNomupay, officially known as Nomu Pay Limited, is a global fintech organization based in Dublin, Ireland.Ireland$77M
  4. TazapayTazapay is a Singapore-based fintech company founded in 2020, specializing in cross-border payment solutions for businesses.Singapore$53M
  5. RemitianRemitian is a Miami-based fintech company that offers an AI-powered SaaS platform designed to automate tax remittance, payments, aUnited States$27M
  6. XflowXflow is a fintech company based in Bengaluru, India, founded in 2021 by former Stripe executives.India$17M
  7. IPIDiPiD (International Payments Identity) is a fintech startup based in Singapore, founded in 2021.Singapore$16M
  8. OneForOneFor is a pan-European fintech company based in Düsseldorf, Germany, founded in 2020.Germany$12M

Crypto and stablecoin payments

13 startups · $339M raised

  1. RedotPayRedotPay is a Hong Kong-based fintech company founded in April 2023 by Michael Gao and Jonathan Chan.Hong Kong SAR China$194M
  2. CyberaCYBERA is an AI-powered scam prevention and response company founded in 2020 and based in New York, NY.United States$39M
  3. BastionBastion is a US-regulated financial institution that specializes in providing a regulated wallet API for businesses to launch compUnited States$26M
  4. CoinflowCoinflow, based in Chicago, Illinois, is a payment service provider that enhances global financial infrastructure.United States$25M
  5. AveniaAvenia is a financial technology company based in São Paulo, Brazil, specializing in borderless liquidity and cross-border paymentBrazil$17M
  6. CybridCybrid is a fintech infrastructure company founded in 2021, based in Toronto, Ontario, with an additional office in Newark, New Jersey.Canada$10M
  7. StraitsXStraitsX is a Singapore-based financial technology company specializing in digital payment infrastructure.Singapore$10M
  8. WertWert is a financial software company founded in 2020, based in Tallinn, Estonia.Estonia$5.0M

Merchant payments and POS

6 startups · $396M raised

  1. FlatpayFlatpay is a Danish fintech company founded in 2022, specializing in Point-of-Sale (POS) systems and payment processing solutions Denmark$336M
  2. AplazoAplazo is a payment network that offers payment solutions and merchant tools to help merchants sell more and grow their brands.Mexico$36M
  3. pmtboxpmtbox is a financial software and payments infrastructure company based in Orem, Utah.United States$15M
  4. STAMPSTAMP is a software startup based in Madrid that specializes in a B2B SaaS platform designed for merchants.Spain$5.2M
  5. CCashgrowCashgrow is an all-in-one payment and expense management platform for businesses and SME merchants in VietnamVietnam$3.0M
  6. WaivrWaivr is a financial technology company that specializes in real-time recurring payment processing for merchants.United States$1.4M

Buy now, pay later

4 startups · $2.5B raised

  1. TTamaraTamara Restaurant in the 1st arrondissement of Paris, offerrs creative plates to share, inspired by the culinary tradition of RomaSaudi Arabia$2.4B
  2. CasheaCashea is a Venezuelan buy-now-pay-later platform that offers an interest-free installment plan for purchasing products.Venezuela$100M
  3. PagalevePagaleve is a pioneering Brazilian fintech that specializes in the Buy Now Pay Later (BNPL) model, offering a unique service calleBrazil$29M
  4. Happy PayHappy Pay is a fintech company based in Cape Town, South Africa, founded in 2021.South Africa$6.8M

Payment orchestration

3 startups · $16M raised

  1. DivibankDivibank is a Brazilian fintech established in 2020, specializing in revenue-sharing financing for digital marketing campaigns andBrazil$8.2M
  2. MalgaMalga is a prominent fintech company based in São Paulo, Brazil, specializing in payment orchestration.Brazil$5.5M
  3. TurnStayTurnStay is a fintech company founded in 2021 and based in Cape Town, South Africa.South Africa$2.0M

Open banking and account-to-account

3 startups · $43M raised

  1. CrezcoCrezco is a London-based fintech company that specializes in embedded payments through an API, utilizing open banking technology.United Kingdom$32M
  2. Z m RailsZūm Rails is a financial technology company based in Montreal, Canada, founded in 2019.Canada$7.8M
  3. QippayQippay is a fintech company based in New Zealand that specializes in open banking payments and infrastructure.New Zealand$2.8M

Payments for businesses

3 startups · $34M raised

  1. ApronApron is a London-based financial technology company founded in 2021 by Bogdan Uzbekov.United Kingdom$29M
  2. StreamlinedStreamlined is an AI-powered order-to-cash and B2B payments company based in San Diego, California.United States$3.0M
  3. KemaKema is a Dubai-based B2B accounts receivable and liquidity platform designed to help businesses get paid faster.United Arab Emirates$2.0M

How this map is made. Every startup here has raised money in rounds we track, and was founded in 2020 or later. It joins the map when its sectors, read from its rounds, or the opening of its own description say it works in payments, and goes to the first segment whose words it carries. Each segment shows its best-funded first. Rebuilt nightly; updated 15 November 2026.

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