Top Payments Companies (1,379)

Strong Revenue Growth: Net revenue rose at double‑digit rates in 2025 and continued to increase at a similar pace in early 2026, supported by higher gross dollar volume, cross‑border activity, and switched transactions. The multi‑quarter trend indicates consistent top‑line momentum rather than a one‑off spike.

Profitability: Operating income outpaced revenue growth in 2025, expanding margins, while net income and EPS also advanced strongly. This points to operating leverage as volumes and higher‑yield cross‑border flows scale.

Diversified Revenue Streams: Value‑added services and solutions grew markedly faster than the core network, with security, digital authentication, analytics, and consulting cited as key contributors. This mix shift broadens growth beyond card payment fees and supports resilience.

Strong Revenue Growth: Recent results show clear acceleration, with reported revenue rising strongly and organic growth remaining positive, while late‑2025 normalized trends also improved. Management’s outlook indicates continued growth through 2026.

Market Expansion: Scale and reach expanded meaningfully through the KUBRA acquisition, adding breadth across bill‑payment verticals and materially increasing overall platform activity. Distribution indicators such as software relationships and the AP supplier network also grew markedly.

Healthy Cash Flow: Cash generation is solid, highlighted by substantial free cash flow and strong conversion in the latest quarter. Adjusted profitability also improved alongside the expanding revenue base.

Strong Revenue Growth: Recent results show total net revenue rising sharply—up 37% in 2025 and about 26% year over year in Q2 2026—while management described performance as reflecting solid top-line growth. Purchase volume also expanded materially, including a 27% increase in 2025 and strong gains into 2026.

Market Expansion: Scale expanded meaningfully with the May 2025 Discover acquisition, which added assets, deposits, loan portfolios, and payment-network capabilities. As of early 2026, reported assets of about $683 billion and deposits near $489 billion underscore the larger combined footprint, and external commentary anticipates further expansion.

Strong Market Position & Advantage: The company is identified as the largest U.S. credit-card issuer by outstanding balances as of year-end 2025 and one of the nation’s largest banks by deposits, with customer-satisfaction leadership among national banks. The addition of Discover’s network further reinforces a differentiated competitive position.

Strong Revenue Growth: Revenue is rising at a sustained double‑digit pace across multiple periods, and management increased its constant‑currency growth outlook for 2026 after a strong first half. The company is also described as growing faster than the broader payments market by deepening share of wallet with major global merchants.

Profitability: Operating performance remains robust, with EBITDA expanding faster than revenue in 2025 and margins staying very high into 2026. This points to meaningful operating leverage alongside continued scale.

Product Line Growth: Expansion beyond core online payments is evident, with Unified Commerce and Platforms showing rapid gains and newer areas such as issuing, intelligent money movement, and agentic payments ramping. Recent acquisitions (e.g., loyalty and usage‑based billing) further broaden capabilities and potential revenue streams.

Strong Market Position & Advantage: Adoption among major insurance brokers is described as deep, with 8 of the 10 largest U.S. brokers and many top-ranked agencies using an Applied system in 2025. Recognition such as Applied Epic’s inclusion in G2’s 2026 Top 100 and a large installed base reinforce a leading position in agency/broker management software.

Innovation-Driven Growth: Product expansion through AI-focused acquisitions such as Planck (2024) and Cytora (2025) adds risk digitization and automation capabilities. New offerings like Applied Recon, rapid growth in Applied Pay usage, and a “submissionless” experience with Travelers indicate active innovation driving usage.

Investor Backing & Capital Strength: Long-term backing from Hellman & Friedman, alongside Stone Point Capital, JMI Equity, and CapitalG, supports ongoing investment capacity and M&A. Multi-year ownership since 2014 aligns with continued acquisitions and product expansion.

Strong Revenue Growth: Annualized revenue increased from $720M in March 2025 to $1.3B by March 2026, with ARR surpassing $1B in late 2025 and continuing upward. This trajectory points to sustained top-line momentum across the period cited.

Market Expansion: Geographic reach broadened with new regulated entries across multiple regions, alongside plans to deploy over $1B in the U.S. and substantial investment in Europe. Regional performance in the Americas and EMEA also advanced meaningfully, indicating traction beyond APAC.

Investor Backing & Capital Strength: Valuation rose from $6.2B (May 2025) to $11B (June 2026) through successive large funding rounds. Independent reporting corroborated the latest financing, signaling strong capital access and external confidence.

Market Expansion: International entry into the United Kingdom for Lombard lending is presented as a significant step beyond the company’s original U.S. focus. This move signals geographic scaling with dedicated operations and partnerships in a new market.

Product Line Growth: New offerings such as an AI-powered document assistant and an enterprise collateral-management solution broaden the platform beyond core securities-based lending workflows. These additions indicate a deepening product footprint across adjacent use cases and asset types.

Strategic Partnerships: Enterprise collaborations—ranging from bank deployments to a transition of an existing SBL client base via a partner—demonstrate expanding distribution and institutional adoption. Such relationships reflect traction with wealth managers, banks, and platform providers.

Market Expansion: Institution adoption expanded with a 32% increase in customer base in 2024 and a steady cadence of go-lives in 2025 (11 institutions in Q3 and 14 in Q4, including multiple full banking conversions). Company updates also cite 50 solutions delivered for 24 institutions in 2025, indicating growing deployment reach.

Product Line Growth: The platform broadened from digital banking and account opening into a unified suite—Narmi One—augmented by Narmi Lend, Narmi AI, and Narmi Open. This expansion increases addressable use cases and potential wallet share within existing institutions.

Investor Backing & Capital Strength: Capital raised includes a $20.4M Series A (2021) and a $35M Series B (2022) from prominent investors, supporting product development and go-to-market scale. Such backing underpins the capacity to pursue growth initiatives despite limited public financial disclosure.

Strong Revenue Growth: Revenue accelerated in 2026, with Q2 delivering the fastest quarterly growth in more than four years and first-half revenue above the prior year. Management raised full-year 2026 revenue guidance after Q2.

Healthy Cash Flow: Operations generated positive free cash flow in Q2 and the first half, and the company ended June 2026 with roughly $223.6M in cash and no debt. Adjusted EBITDA also improved year over year.

Product Line Growth: Customers are adopting additional products and certain verticals (Digital Finance and Tickets & Travel) showed particularly strong momentum. Management highlighted rising multiproduct usage alongside core transaction-risk offerings.

Strong Revenue Growth: Revenue is described as rising at a very strong pace for multiple consecutive years, including a major surge in 2024. This sustained momentum indicates meaningful top-line expansion while advancing toward profitability.

Investor Backing & Capital Strength: Financing activity includes a late-stage equity round and substantial cumulative funding alongside expanded facilities. These signals point to continued access to capital that supports scaling credit and liquidity products.

Product Line Growth: Offerings have broadened beyond core banking into paycheck advances, fee-free overdraft, credit building, savings, teen accounts, and crypto. This expansion suggests more monetization paths and deeper engagement per customer.

Strong Revenue Growth: Recent filings and earnings updates indicate sustained double-digit increases across annual and quarterly revenue, with momentum continuing into 2026. Guidance was raised during the year, reinforcing ongoing top-line expansion across core verticals.

Profitability: Results point to improving earnings quality, including a shift to positive net income on an annual basis and expanding adjusted EBITDA margins. Management also signaled further margin gains in 2026.

Customer Loyalty & Retention: Disclosures highlight a growing client base alongside net dollar-based retention that indicates expansion within existing customers. Wins across education, travel, healthcare, and B2B suggest durable relationships that support recurring growth.

Strong Revenue Growth: ARR is reported to have doubled over the prior year and to be on track for at least another doubling, with profitability cited before the Series A. Hiring alongside revenue growth is described, reinforcing momentum.

Product Line Growth: The platform has expanded beyond basic communications into billing, payroll, enrollment, reporting, subsidy management, and AI tools such as Camber. Current product pages reflect a substantially broader offering than the original scope.

Market Expansion: The company states it serves 5,000+ childcare programs and 500,000+ owners, directors, teachers, and families across all 50 states, and a September 2026 acquisition by Procare underscores expanded reach within the category. Earlier usage metrics and ongoing hiring further illustrate scaling activity.

Strong Revenue Growth: Revenue has surged, with ClassWallet reporting more than doubled revenue in FY2022 and multi‑year growth rates of 916%, 1,217%, and 610% across successive Inc. 5000 periods. Business booked reached more than $1.1B in 2022 as transaction volume rose 158%.

Market Expansion: Operations have broadened from 27 to 37 states, while cumulative funds distributed climbed to about $6.5B alongside growth in clients, programs, and users. New statewide contracts in 2025, including Ohio’s selection and Indiana’s expansion, reinforce ongoing geographic growth.

Investor Backing & Capital Strength: The company closed a $95M institutional growth-capital round in 2023, with trackers citing roughly $102.6M in total funding. The financing was explicitly positioned to support continued expansion.

Strong Revenue Growth: Repeated inclusion on the Inc. 5000 list (including a 2026 ranking with 206% three‑year growth) points to sustained top-line expansion. Additional signals like ongoing customer adoption and rising web interest reinforce a continuing growth trajectory.

Investor Backing & Capital Strength: Recent financing activity in 2026 (e.g., a Series B-II extension) and tracked funding totals in the tens of millions, alongside company-reported higher totals, indicate continued access to capital. This pattern suggests investors are supporting further scaling and product investment.

Product Line Growth: Launches such as an AI Command Center (beta), broader AI capabilities, and expanded integrations (including Workday) indicate active expansion of the offering. These developments align with continued product and commercial investment.

Strong Revenue Growth: Revenue growth is underscored by consecutive placements on Deloitte Technology Fast 500 and the Inc. 5000, indicating multi-year expansion measured through 2025. Recognition spans overlapping earlier periods and a more recent measurement window, signaling sustained momentum rather than a one-off spike.

Market Expansion: Geographic reach widened with the opening of a UK office to support customers in the UK and EMEA following the international-payments launch and 2025 rebrand. This move complements a global customer base reported in prior updates.

Product Line Growth: The platform broadened with launches such as International Payments and Touchless Invoice Processing, with further plans cited for e-invoicing, analytics, and faster payment processing. Rising invoice-processing volumes over 2023–2025 further reflect growing adoption.

Market Expansion: Recent openings across Georgetown, Cedar Park, Pflugerville, Austin Community College and Texas State University, plus entries into Houston, Manor, and Temple, indicate active geographic growth. Feedback suggests the footprint has expanded beyond Greater Austin into additional Texas markets.

Strong Market Position & Advantage: The organization is repeatedly described as the #1 credit union in the Austin MSA, leading in local deposits, members, and branches over multiple years. This sustained standing, alongside surpassing major membership milestones, signals durable competitive positioning in its core region.

Investor Backing & Capital Strength: Members’ equity increased meaningfully year over year and the net‑worth ratio reached a historical high near the 2025 period, with classifications indicating a well‑capitalized status. These indicators point to a solid capital base supporting continued scale and investment.

Investor Backing & Capital Strength: Investors and lenders have provided substantial capital to fund expansion, including a 2025 $1.6B package (~$500M Series D plus a $1.1B term loan) at an approximately $5B valuation. Earlier financings tied to the SP+ transaction added further resources to scale.

Strong Market Position & Advantage: Following the SP+ acquisition, the company is described as the largest parking operator/network in North America, with 4,000–4,600+ locations and more than $5B in annual transactions. External recognition such as CNBC Disruptor 50 and TIME100 listings reinforces its prominence in the category.

Market Expansion: The footprint and membership base have accelerated from roughly 600 facilities and 1M+ members in 2022 to 4,500+ locations and 20M–30M+ members, with 1M+ new members per month at times. Expansion beyond parking into retail, hospitality, fueling, aviation, and other mobility verticals is supported by acquisitions (SP+, Oosto) and rapid post‑merger site upgrades.

Strong Revenue Growth: Company statements describe being on track for higher net revenue, and earlier filings documented substantial year-over-year expansion. Additional references point to rising contribution metrics over recent years.

Customer Loyalty & Retention: Company updates highlight record-high satisfaction and retention alongside a recent step-up in new-customer signups. These signals point to a stable, expanding customer base.

Product Line Growth: The business continues broadening its offering beyond core PEO into payroll, benefits, HR tools, and international employment, described under a “One Justworks” strategy. New capabilities and partnerships indicate ongoing investment in breadth.

Strong Market Position & Advantage: As one of the 12 Reserve Banks with FOMC participation and nationally followed indices like CFNAI and NFCI, the institution maintains a prominent role in U.S. central banking and research. Materials also highlight influential convenings and system responsibilities that reinforce this position.

Product Line Growth: The introduction of the Chicago Fed Labor Market Indicators in September 2025 added a twice‑monthly data release with real‑time unemployment forecasts, hiring measures, and layoff/separation metrics. This expands recurring research/data offerings beyond maintaining existing outputs.

Resilient & Sustainable Growth: Operating evidence shows modest increases in expenses and compensation alongside continued publications, events, and regional analysis, indicating stable ongoing operations. Financial statements also note a larger 2025 balance sheet while the organization remains active across supervision, payments, and research.

Strong Revenue Growth: Inclusion on the 2024–2026 Inc. 5000, including a reported 461% three‑year growth rate, signals rapid multi‑year revenue momentum. Repeated rankings across years reinforce sustained growth despite limited public financial disclosures.

Market Expansion: The provider network increased from 16,000+ in February 2025 to 17,000+ by September 2025 and to 18,000+ in 2026, alongside availability across all 50 U.S. states and most of Canada. This indicates continued distribution gains and broader geographic reach.

Investor Backing & Capital Strength: A $35 million Series C in 2022 brought total funding above $108 million, and a May 2026 purchase facility with Victory Park Capital expanded financing capacity. These moves suggest strong access to capital to scale originations and operations.