The Payments industry involves the development and provision of technologies and services that facilitate financial transactions between individuals, businesses, and financial institutions. This includes payment processing, digital wallets, mobile payments, and contactless payment solutions.
Market Growth
The global payments market was valued at approximately $2 trillion in 2020 and is projected to reach $3.6 trillion by 2026, growing at a CAGR of 10.4%. The growth of this industry is driven by the increasing adoption of digital payment methods, advancements in financial technology (FinTech), and the demand for secure and convenient payment solutions.
Impact on Society
Payments technologies have a significant impact on society by enhancing financial inclusion, reducing transaction costs, and improving the efficiency of financial transactions. Digital wallets, such as PayPal, Apple Pay, and Google Wallet, provide users with a convenient way to store and manage their payment information, enabling quick and secure transactions.
Mobile and Contactless Payments
Mobile payment solutions, such as QR code payments and peer-to-peer (P2P) payment apps, offer flexibility and convenience for both consumers and businesses. The COVID-19 pandemic has accelerated the adoption of contactless payment solutions, as consumers seek safer and more hygienic ways to make transactions.
Challenges in the Industry
The industry faces challenges related to data security, regulatory compliance, and the need for interoperability among different payment systems. Addressing these issues is crucial for ensuring the secure and seamless exchange of financial information.
Future Prospects
Despite these challenges, the potential benefits of payments innovations are immense. Continued investment and innovation in this sector are essential for driving growth. As technology continues to advance, the payments industry will play a crucial role in shaping the future of financial transactions, providing secure, efficient, and inclusive payment solutions that meet the evolving needs of the global economy.
How to connect with VC firms in the Payments Industry?
Target Key VC Firms
To connect with VCs in the Payments sector, target firms such as Sequoia Capital, Andreessen Horowitz, and Ribbit Capital. Research their investment portfolios to understand their focus areas and tailor your approach accordingly.
Networking Opportunities
Networking through industry conferences, payments summits, and fintech forums can provide opportunities to meet VC partners. These events are essential for building relationships and gaining insights into investor interests in payment technology innovations.
Effective Pitching Strategies
When pitching, focus on demonstrating the market potential, technological innovation, and scalability of your payment solution. Be prepared to discuss your business model, customer acquisition strategies, and revenue projections in detail to highlight the viability and growth potential of your venture.
Participating in Demo Days
Participating in demo days hosted by fintech accelerators or incubators can help you showcase your product to a broader audience of VCs. These events offer a platform to present your innovation and receive valuable feedback from potential investors.
Crafting a Compelling Story
Crafting a compelling story about your product’s impact and the problem it solves will resonate well with VC investors who are looking for high-growth potential startups. Emphasize the unique value proposition and real-world applications of your solution.
Comprehensive Pitch Deck
Following up with a comprehensive pitch deck that includes market analysis, go-to-market strategy, and potential exit opportunities can further strengthen your case. This demonstrates that you have a strategic plan for growth and impact.
Highlighting Strategic Partnerships
Highlighting any strategic partnerships or collaborations with major financial institutions or tech companies can also add weight to your pitch. Demonstrating established connections can reassure VCs of your industry relevance and network strength.
Presenting a Strong Team
Ensuring that you present a well-rounded team with expertise in both payments technology and business development will appeal to VCs looking for capable execution of your vision. A strong team is often a critical factor in investment decisions.
Case Studies: Successful Funding Rounds with Angel Investors on Angels Partners
To connect with VCs in the Payments sector, target firms such as Sequoia Capital, Andreessen Horowitz, and Accel. These firms have a strong track record of investing in successful payment startups.
Sequoia Capital
Sequoia Capital, known for backing companies like Stripe and Square, focuses on high-growth potential and market disruption. They are interested in startups that can transform the payments landscape significantly.
Andreessen Horowitz
Andreessen Horowitz, with investments in companies like PayPal and Coinbase, looks for innovative payment solutions that can scale globally. Their focus is on technologies that offer broad applications and significant growth potential.
Accel
Accel, with a portfolio including Braintree and Venmo, seeks out startups with strong transaction capabilities and scalable business models. They prioritize companies that can handle high transaction volumes efficiently.
Research and Connection
To connect with these VCs, research their investment portfolios and identify partners who have shown interest in your industry. Attend industry conferences, payment tech summits, and financial forums where these VCs are likely to be present.
Participating in Demo Days
Participating in demo days hosted by payment tech accelerators or incubators can also provide exposure. These events offer opportunities to showcase your product to a broader audience of potential investors.
Pitching to VCs
When pitching to VCs, emphasize your startup’s market opportunity, technological innovation, and scalability. Be prepared to discuss your business model, customer acquisition strategies, and revenue projections in detail.
Crafting a Compelling Story
Crafting a compelling story about your product’s impact and the problem it solves will resonate well with VC investors. Highlight the unique aspects and potential of your solution.
Comprehensive Pitch Deck
Follow up with a comprehensive pitch deck that includes market analysis, competitive landscape, and potential exit opportunities. This will provide VCs with a clear understanding of your business and its potential.
Strategic Partnerships
Highlighting any strategic partnerships or collaborations with major financial institutions or payment platforms can also add weight to your pitch. These relationships can demonstrate market validation and growth potential.
Presenting a Strong Team
Ensure that you present a well-rounded team with expertise in both payment technology and business development. A capable team is essential for executing your vision and achieving success.
We found 522 VC firms investing in Payments on Angels Partners
Goldman Sachs
Investing in Software (Web Marketplace Saas..) &b...
Goldman Sachs is a global leader in corporate equity investing. Since 1986, Goldman Sachs Sachs and its predecessor business have invested over $82 billion of equity in over 600 companies globally. Goldman Sachs is currently investing its GS Capital Partners VI fund, comprised of $20 billion of equity, including over $7.4 billion of capital from Goldman Sachs. The fund invests across a broad range of industries in the Americas, Europe and Asia with investment targets ranging from $50 million to $800 million. In addition, the technology group within Goldman Sachs Principal Investment Area, invests in innovative technology companies across the many stages of a company's lifecycle. As of December 31, 2008 the Goldman Sachs Private Equity Group (PEG) managed over $32.8 billion across primary commitments, co-investments and secondary-market investments, with over $2.0 billion invested by Goldman Sachs and its employees. Private Capital Investing (PCI) is Goldman Sachs' investment platform dedicated to providing preferred equity and mezzanine capital to growth and middle market companies based in North America. PCI invests $20 million - $150 million of equity per transaction in the form of common, preferred, and structured equity.
Bessemer Venture Partners
Investing in Software (Web Marketplace Saas..) &b...
Bessemer Venture Partners is a venture capital firm based in Redwood City, California. The firm focuses on investing in companies operating in the clean technology, energy, healthcare, financial services, mobile, data security, cloud computing, software, communications and manufacturing sectors.
American Express Ventures
Investing in Software (Web Marketplace Saas..) &b...
American Express Ventures is a corporate venture capital arm of American Express. The firm is based in Palo Alto, California. The firm invests in the b2b services, business payments and data analytics.
Bain Capital Ventures
Investing in Software (Web Marketplace Saas..) &b...
Software (Web Marketplace Saas..) • PropTech • IT (& TMT) • Media • Education • Businesses Solutions • FinTech (& Financials services) • Hardware (& Manufacturing) • Retail (& E-Commerce) • IoT (& Wearables) • A.I. (& Big Data) • HealthTech (& Fitness) • Blockchain (& Cryptos) • Web Security (& Privacy) • Analytics • Cloud Services (& Infrastructure) • Future Of Work • Insurance (& InsurTech) • Local commerce • Medical Devices (& Hospital Services) • Payments • Real Estate (& Construction) • Healthcare (& Wellness) • Investment Management • Mobile • Online Social • Consumer • Woman Focused
Description
Bain Capital Ventures provides seed through growth capital for companies focused on technology and technology-enabled services primarily for enterprise customers. BCV invests across sectors including infrastructure software, application software, FinTech and healthcare. As the venture capital affiliate of Bain Capital, a assets firm, BCV has partnered with more than 200 companies since 1984 to start, build, commercialize and grow their businesses. The firm has offices in the Bay Area, New York City and Boston.
Tiger Global Management
Investing in Software (Web Marketplace Saas..) &b...
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$20000000 (Series A)
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$50000000 (Secondary Market)
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(Series Unknown)
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$800000000 (Series E)
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$100000000 (Series F)
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$3000000 (Series A)
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$800000000 (Series F)
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$450000000 (Series E)
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$110000000 (Series D)
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$500000000 (Series D)
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$350000000 (Series E)
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$250000000 (Series D)
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$65000000 (Series C)
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$25000000 (Series B)
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$15000000 (Series A)
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$190000000 (Series C)
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$1100000000 (Series E)
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(Series D)
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$200000000 (Series F)
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(Secondary Market)
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$50000000 (Series Unknown)
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(Series Unknown)
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$250000000 (Series D)
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$1500000000 (Series C)
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(Series Unknown)
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(Series Unknown)
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(Series Unknown)
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$5000000 (Series A)
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(Series Unknown)
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$20000000 (Series Unknown)
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$10000000 (Series Unknown)
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$20000000 (Series A)
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$200000000 (Series E)
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$100000000 (Series D)
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$60000000 (Series A)
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$45000000 (Series B)
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$20000000 (Series A)
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$25000000 (Series A)
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$110000000 (Series D)
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$75000000 (Series C)
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$67000000 (Series B)
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$55000000 (Series Unknown)
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$160000000 (Series F)
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$100000000 (Series C)
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$100000000 (Series B)
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$10000000 (Seed)
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$65000000 (Series C)
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$300000000 (Series D)
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Tiger Global Management
Beijing, U.S.A.
Investing In
Software (Web Marketplace Saas..) • Other • IT (& TMT) • Businesses Solutions • FinTech (& Financials services) • Retail (& E-Commerce) • Cosmetics (& Fashion) • A.I. (& Big Data) • Food & Beverage • Payments • Investment Management • Mobile • Online Social • Consumer
Description
Tiger Global Management is an investment manager that deploys capital in two businesses - private equity partnerships and public equity funds. The firm invests in the technology, internet, telecom, media, retail and consumer sectors. The firm was founded in 2001 and is based in New York, New York.
Comcast Ventures
Investing in Software (Web Marketplace Saas..) &b...
New York City - San Francisco Bay Area - Palo Alto California - Philadelphia Pennsylvania - San Francisco California, U.S.A.
Investing In
Software (Web Marketplace Saas..) • PropTech • Other • IT (& TMT) • Media • Education • Businesses Solutions • FinTech (& Financials services) • Hardware (& Manufacturing) • Retail (& E-Commerce) • Sales (& Marketing) • Entertainment (& Sports) • IoT (& Wearables) • CleanTech • A.I. (& Big Data) • HealthTech (& Fitness) • Blockchain (& Cryptos) • Analytics • Developer tools • Future Of Work • Human Resources • Insurance (& InsurTech) • Local commerce • Logistics (& Distribution) • Medical Devices (& Hospital Services) • Payments • Robotics • Real Estate (& Construction) • Healthcare (& Wellness) • Investment Management • Mobile • Online Social • Consumer • Woman Focused
Description
Comcast Ventures is a corporate venture arm of Comcast Corporation that is based in San Francisco, California. The firm invests in companies operating in the information technology, media, retail, healthcare, mobile and manufacturing sectors.
HOF Capital
Investing in Software (Web Marketplace Saas..) &b...
HOF Capital is an independent private investment firm that focuses on Dutch investment properties and extraordinary financial situations such as secondary trades, seed capital and asset-based finance. It was founded in 2013 and is based in Utrecht, Netherlands.
Anthemis Group
Investing in Software (Web Marketplace Saas..) &b...
Anthemis Group is the venture capital investment firm that invests in the digital financial services, retail, wealth and asset management, infrastructure and technology sectors. The firm was founded in 2010 and is headquartered in London, United Kingdom.
Seedcamp
Investing in Software (Web Marketplace Saas..) &b...
Seedcamp is an accelerator and venture capital firm that was founded in 2007 and is headquartered at London, United Kingdom. The firm prefers to invest in European companies operating in the fintech, human resources, virtual reality and augmented reality, e-commerce, insurance, hardware, blockchain, health, legal tech, prop-tech, software as a service, and technology sectors. Seedcamp backs technology based companies from across the world.
The Seedcamp nation includes over 460 startups accross different industries, and includes 9 European unicorns: Hopin, Wise, Revolut, Sorare, wefox, Pleo, UiPath, viz.ai and Grover.
They provide the infrastructure to support exceptional founders who’ve gone on to raise over $7Bn in follow-on funding from leading global investors.
The firm initially invests $0-$250K in companies and accelerates them across the product market fit, traction, growth, and scale stages from seed funding to IPO.
Another focus of the firm is to help develop startup ecosystems around the world, and having hosted Seedcamp events in over 30 cities ranging from Mumbai and Singapore to Lisbon and Thessaloniki, they’ve made a big impact wherever they have gone. [1]
BIP Capital is a venture capital firm based in Atlanta, Georgia. The firm was founded in 2007 and invests in companies operating in the information technology and healthcare sector.
Khosla Ventures
Investing in Software (Web Marketplace Saas..) &b...
Khosla Ventures is a venture capital firm that focuses on making investments in early and later stage companies as well as seed funding for early-stage companies. The firm invests in the enterprise, advertising, financial services, semiconductors, health, big data, agriculture/food, sustainable energy and robotics industries, with a particular focus on the internet and clean technology sectors. It was established in 2004 and is headquartered in Menlo Park, California.
Greylock Partners
Investing in Software (Web Marketplace Saas..) &b...
Cupertino, California - Menlo Park, California, U.S.A.
Investing In
Software (Web Marketplace Saas..) • Other • IT (& TMT) • Media • Businesses Solutions • FinTech (& Financials services) • Hardware (& Manufacturing) • Energy • Retail (& E-Commerce) • IoT (& Wearables) • A.I. (& Big Data) • HealthTech (& Fitness) • Analytics • Local commerce • Material Science • Payments • Investment Management • Mobile • Online Social • Consumer
Description
Greylock Partners is a venture capital firm that invests in companies operating in the advertising, commerce, consumer product, media, mobile, service, social platform, technology, enterprise and consumer software sectors. The firm is based in Menlo Park, California. It uses data science capabilities to help find startups to review and to conduct due diligence.
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