Top 10 Largest Global Fintech Companies, Visa Takes the Lead

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Monavia Ayu Rizaty 08/04/2022 12:20 WIB

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In 2021, Visa Inc. was the highest-valued fintech company, with a market capitalization of US$453.23 billion, or approximately Rp6,514.8 trillion.

Top 10 Fintech Companies by Global Market Valuation (2021)

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Top 10 Fintech Companies by Global Market Valuation (2021)

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Financial technology (fintech) is a new financial services industry born from the development of digital technology.

According to the Financial Services Authority (OJK), the fintech industry generally provides digital payment system services, microfinancing services, peer-to-peer (P2P) lending services, and other financial services using digital technology.

Globally, the fintech industry continues to grow, with market valuations reaching hundreds of billions of dollars.

Here are the 10 fintech companies with the largest market valuations in the world in 2021, according to data from the Centre for Finance, Technology and Entrepreneurship (CFTE):

1. Visa (US): US$453.23 billion
2. Mastercard (US): US$341.68 billion
3. Ant Financial (China): US$312 billion
4. Tencent Fintech (China): US$183.69 billion
5. Intuit (US): US$139.9 billion
6. Paypal (US): US$131.69 billion
7. Stripe (Ireland): US$95 billion
8. Square (US): US$73.05 billion
9. Fiserv (US): US$65.4 billion
10. Adyen (Netherlands): US$58.74 billion

Visa Inc. was the fintech company with the largest market valuation, at US$453.23 billion (approximately Rp6,514.8 trillion) in 2021.

Visa provides financial technology that connects banks and non-banks, financial and non-financial institutions, and merchants with consumers.

To date, Visa claims to have partnered with 16,100 financial institutions and 46 million merchant locations worldwide.

(Also read: 102 P2P Lending Fintech Companies Obtain Licenses from OJK)

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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