In recent years, payments companies have been some of the most valuable on Wall Street. Many of these companies have recently become publicly traded and are technology driven. For example, PayPal was founded in 1998, went public in July, and is already almost as valuable as the collective 32 NFL teams ($41 billion versus $45 billion, respectively). MasterCard and Visa went from membership organizations to publicly traded companies in 2006 and 2007, respectively; since that time, their value has increased drastically. While the members of the payments value chain might not get the press like sports teams do, they are what drives the economy, and the valuations reflect that.
- TransactionWatch – Week of March 1st – March 5th
- Square (Hip) Hops Into Streaming With Stake in Tidal
- Bitfinex launches cryptocurrency payment gateway for merchants
- Shift4 Payments Announces Acquisition of VenueNext to Power Sports Stadiums, Entertainment Venues and Theme Parks
- Square acquires majority of Tidal, Jay-Z’s streaming service, in $297 million deal.
- Mark Cuban’s Dallas Mavericks will accept dogecoin for tickets and merchandise
- Credit Card Killer? Buy Now, Pay Later Booms With Young Americans
- Twitter tests new eCommerce features for tweets
- Indonesian payments infra startup Xendit raises $64.6M in Accel-led Series B
- TransactionWatch – Week of February 22nd – February 26th