Top Mobile Payments Startups in 2024

Qualified active working professionals including gig workers join and access Line's tools, services, safety nets to save, spend, plan better and protect themselves against financial uncertainties via the Line iOS and Android apps. Money Service Businesses, Insurers, Teclos, Retailers, and Medical Market Places that these professionals activelyuse, embed line in their consumer channels to increase transaction volume and prevent non-payment, as well as in their business process to eliminate fraud, detect payment, and other lapses ahead of time.

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Small businesses in South Africa need a little help... there is a massive payment acceptance gap. Over 75% of the adult population have cards, yet only 6% of the country's 4 million sellers can accept cards. Yoco was founded by 4 friends who set out to build Africa's first merchant payment aggregator to enable the smaller enterprise segments of the market to transact. Yoco offers merchants a choice of 2 mobile card readers that connect to their smart phone / tablet allowing them to accept payments quickly and simply. The solution goes beyond payment processing in that it includes a free point-of-sale app and a free business intelligence portal, enabling business owners to monitor store performance. Today, Yoco is the fastest growing payments company in South Africa (38% revenue growth in Nov). Being the only merchant aggregator in the market, the Yoco team is using technology and data to innovate on risk management and cost to serve, opening up new segments and growing the market.

At Metal, we are shaping digital money and revolutionizing the way people transact by building the decentralized financial infrastructure of the future. To date, we have launched and operate Metal Pay (digital banking and crypto wallet) and Proton SDK a distributed ledger for identity and interaction with the card and banking payments settlement layer. Metal is the future of money. The future is now.

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PayHub is building a payment processing platform tailored for small, service-based businesses. Our solutions focus on simplifying payment processes, reducing fees, and providing local, transparent support that big corporate providers often overlook. By offering services like Dual Pricing, mobile and text invoicing, e-invoicing, and recurring billing, we help small businesses manage payments more efficiently, ultimately increasing cash flow and savings. The problems PayHub solves include: - High Processing Fees: Our Dual Pricing model allows businesses to offer discounts for cash payments, effectively removing credit card fees. - Lack of Personalized Service: We’re locally based and committed to providing personalized, onsite customer support, and building long-term relationships with our clients. - Fragmented Services: PayHub combines invoicing, billing, and mobile processing into one seamless platform, making it easy for business owners to track and manage payments from one place. In short, we’re giving small business owners more control, lower costs, and stronger support in their payment processing needs.

Enter VEON, a revolutionary internet platform that integrates powerful data analytics and artificial intelligence to finally put the user in control. With zero-rating as a fundamental component of the service, VEON allows users to stay connected for free, no matter the status of their data plan — even when they are out of credit. VEON’s fresh take on messaging capabilities enables users and communities to connect by voice, text, picture and video through a stunning designed interface. We are are already live in Italy and we are building the future. We also announced exciting partnerships with MasterCard, Deezer and i.am+ (by Will.i.am) and more very famous names are coming. (From our CDO: "We have location data. We would know that in London, a football match ends at 10pm. Out of 50,000 attendees, over 11,000 have the Uber app installed. We provide that data to our partners, and imagine the awesomeness and magic that can happen").

Bopple simplifies commerce for hospitality. We help businesses get started online, streamline ordering, and nurture customer relationships. We're on a mission to help businesses of all sizes to start, grow, and succeed online. We're behind the scenes of some of hospitality's biggest digital success stories. Loved and trusted brands such as Gelato Messina, Virgin Australia, Cheeky Poke Bar, Corbett & Claude, Nodo Donuts and thousands more. We're on a mission to launch products, services, and companies in hospitality that have a meaningful impact on the world.

Easebuzz is a payment solutions (fintech organisation) company which enables online merchants to accept, process and disburse payments through developer friendly APIs. We are focusing on building plug n play products including the payment infrastructure to solve complete business problems. Definitely a wonderful place where all the actions related to payments, lending, subscription, eKYC is happening at the same time. We have been consistently profitable and are constantly developing new innovative products, as a result, we are able to grow 4x over the past year alone. We are well capitalised and have recently closed a fundraise of $4M in March, 2021 from prominent VC firms and angel investors. The company is based out of Pune and has a total strength of 120 employees. Easebuzz’s corporate culture is tied into the vision of building a workplace which breeds open communication and minimal bureaucracy. An equal opportunity employer, we welcome and encourage diversity in the workplace. One thing you can be sure of is that you will be surrounded by colleagues who are committed to helping each other grow.