TRACXN REPORT : MOBILE PAYMENTS
TRACXN REPORT : MOBILE PAYMENTS March 2016
Tracxn World’s Largest Start-up Research Platform
2 Mobile Payments Report, March 2016
Contents Topic
Page
Sectors We Track
04
Overview
05
Market Map
13
Company List
36
Team
229
3 Mobile Payments Report, March 2016
Illustrative Sectors We Track ENTERPRISE INFRASTRUCTURE
FINTECH
MOBILE
ENTERPRISE APPLICATIONS
SECURITY
REMITTANCE
MOBILE COMMERCE
SAAS
STORAGE
PAYMENTS
MOBILE FINANCE
MOBILE-FIRST ENT. APPS
NETWORKING
BANKING TECH
MOBILE MARKETING
INTELLIGENT ENT. APPS
MOBILITY
ALTERNATIVE LENDING
MOBILE DEV TOOLS
OPEN SOURCE
IT OPS
MOBILE PAYMENTS
MOBILE HEALTH
RETAIL TECH
CLOUD INFRASTRUCTURE
CROWDFUNDING
MOBILE GAMING
MARKETING TECH
API MANAGEMENT
INVESTMENT TECH
MOBILE LEARNING
STEALTH MODE
BIGDATA INFRASTRUCTURE
BITCOIN
MOBILE COMMUNICATION
VERTICAL SAAS
TECH
CONSUMER
EDUCATION
HEALTHCARE
INTERNET OF THINGS
MARKETPLACES
EDUCATION IT
LIFE SCIENCES
3D PRINTING
UBER FOR X
SELF LEARNING
DIGITAL HEALTH
4 Mobile Payments Report, March 2016
Sector Overview Scope of report The report contains companies which offer mobile as an alternative payment method, besides cash and card payments, like mobile wallet, carrier billing and wearables. This report includes companies which enables merchants to accept card payments at the point of terminal on their mobiles and provide mobile/tablet based point of sale software platforms to the merchants. In addition, report contains companies which provide mobile payment gateways for POS and wallet transactions. Over $5.6B has been invested since 2008 with 623 rounds between 2008-2016 (YTD). Most active funds • Sequoia Capital (Square, Mobikwik, Ping++) • Andreessen Horowitz (Clover, Jumio, Boku) • American Express (iZettle, SumUp, Mobikwik) • Intel Capital (Paytm, Fortumo) Notable events in 2015 • Square (SQ) (mPoS) went public in 2015, at an opening price of $11.20, with previous funding of $490.5M from Victory Part Capital, Colchis Capital, Sequoia Capital • Paytm (Wallet) raised a total of $890M from Alibaba Group – Feb, 2015 and Sept, 2015 • Bango (Carrier Billing) raised $17M with a post-money valuation of $91M - Nov 11, 2015 • Poynt (mPoS) raised $28M Series B funding led by Oak HC/FT - Oct 22, 2015 • iZettle (mPoS) raised $68M Series D funding from Zouk Capital;, Intel Capital – Aug 28, 2015 • Lightspeed POS (mPoS) raised $61M Series C funding from Accel Partners, Investissement Québec, iNovia Capital – Sept, 2015 • Shopkeep POS (mPoS) raised $60M Series D funding from Activan Capital – July 28, 2015
5 Mobile Payments Report, March 2016
Mobile Payments - Market Overview • The market depends heavily on the number of smartphone users, which is increasing by 1.5% quarter-on-quarter and around 5% year-on-year, and by 2020 it is expected that 70% of world population will have smartphones.
• The mobile payments market in 2016 is expected to reach $27.1B, with users spending an average of $721.5 annually. • The number of mobile broadband subscription is growing globally by around 30% year-on-year. • By 2020, number of smartphone users is forecasted to reach 6.1B, smartphones accounted for close to 75% of all mobile phones sold in Q1 2015, compared to around 65% during Q1 2014
90% of world population over 6 years will have mobile phone by 2020
Source : Ericson Mobility Report
6 Mobile Payments Report, March 2016
~80% of smartphone subscriptions added during 2015–2020 will be from Asia Pacific, the Middle East and Africa
India grew in terms of net additions (+26 million) in new mobile subscriptions , followed by China, Myanmar, Indonesia and Japan
To receive the full 229 page report, write to us at [email protected]
7 Mobile Payments Report, March 2016
Team Rohit Bhattacharya
Sahil Malhotra
Analyst – Fintech
Lead Analyst – Fintech
Sri Harsha Jetti
Tarun Bansal
Lead Analyst – Fintech
Lead Analyst – Fintech
8 Mobile Payments Report, March 2016
Tracxn World’s Largest Start-up Research Platform
2 Mobile Payments Report, March 2016
Contents Topic
Page
Sectors We Track
04
Overview
05
Market Map
13
Company List
36
Team
229
3 Mobile Payments Report, March 2016
Illustrative Sectors We Track ENTERPRISE INFRASTRUCTURE
FINTECH
MOBILE
ENTERPRISE APPLICATIONS
SECURITY
REMITTANCE
MOBILE COMMERCE
SAAS
STORAGE
PAYMENTS
MOBILE FINANCE
MOBILE-FIRST ENT. APPS
NETWORKING
BANKING TECH
MOBILE MARKETING
INTELLIGENT ENT. APPS
MOBILITY
ALTERNATIVE LENDING
MOBILE DEV TOOLS
OPEN SOURCE
IT OPS
MOBILE PAYMENTS
MOBILE HEALTH
RETAIL TECH
CLOUD INFRASTRUCTURE
CROWDFUNDING
MOBILE GAMING
MARKETING TECH
API MANAGEMENT
INVESTMENT TECH
MOBILE LEARNING
STEALTH MODE
BIGDATA INFRASTRUCTURE
BITCOIN
MOBILE COMMUNICATION
VERTICAL SAAS
TECH
CONSUMER
EDUCATION
HEALTHCARE
INTERNET OF THINGS
MARKETPLACES
EDUCATION IT
LIFE SCIENCES
3D PRINTING
UBER FOR X
SELF LEARNING
DIGITAL HEALTH
4 Mobile Payments Report, March 2016
Sector Overview Scope of report The report contains companies which offer mobile as an alternative payment method, besides cash and card payments, like mobile wallet, carrier billing and wearables. This report includes companies which enables merchants to accept card payments at the point of terminal on their mobiles and provide mobile/tablet based point of sale software platforms to the merchants. In addition, report contains companies which provide mobile payment gateways for POS and wallet transactions. Over $5.6B has been invested since 2008 with 623 rounds between 2008-2016 (YTD). Most active funds • Sequoia Capital (Square, Mobikwik, Ping++) • Andreessen Horowitz (Clover, Jumio, Boku) • American Express (iZettle, SumUp, Mobikwik) • Intel Capital (Paytm, Fortumo) Notable events in 2015 • Square (SQ) (mPoS) went public in 2015, at an opening price of $11.20, with previous funding of $490.5M from Victory Part Capital, Colchis Capital, Sequoia Capital • Paytm (Wallet) raised a total of $890M from Alibaba Group – Feb, 2015 and Sept, 2015 • Bango (Carrier Billing) raised $17M with a post-money valuation of $91M - Nov 11, 2015 • Poynt (mPoS) raised $28M Series B funding led by Oak HC/FT - Oct 22, 2015 • iZettle (mPoS) raised $68M Series D funding from Zouk Capital;, Intel Capital – Aug 28, 2015 • Lightspeed POS (mPoS) raised $61M Series C funding from Accel Partners, Investissement Québec, iNovia Capital – Sept, 2015 • Shopkeep POS (mPoS) raised $60M Series D funding from Activan Capital – July 28, 2015
5 Mobile Payments Report, March 2016
Mobile Payments - Market Overview • The market depends heavily on the number of smartphone users, which is increasing by 1.5% quarter-on-quarter and around 5% year-on-year, and by 2020 it is expected that 70% of world population will have smartphones.
• The mobile payments market in 2016 is expected to reach $27.1B, with users spending an average of $721.5 annually. • The number of mobile broadband subscription is growing globally by around 30% year-on-year. • By 2020, number of smartphone users is forecasted to reach 6.1B, smartphones accounted for close to 75% of all mobile phones sold in Q1 2015, compared to around 65% during Q1 2014
90% of world population over 6 years will have mobile phone by 2020
Source : Ericson Mobility Report
6 Mobile Payments Report, March 2016
~80% of smartphone subscriptions added during 2015–2020 will be from Asia Pacific, the Middle East and Africa
India grew in terms of net additions (+26 million) in new mobile subscriptions , followed by China, Myanmar, Indonesia and Japan
To receive the full 229 page report, write to us at [email protected]
7 Mobile Payments Report, March 2016
Team Rohit Bhattacharya
Sahil Malhotra
Analyst – Fintech
Lead Analyst – Fintech
Sri Harsha Jetti
Tarun Bansal
Lead Analyst – Fintech
Lead Analyst – Fintech
8 Mobile Payments Report, March 2016
