undamentalytics Newsletter

Transaction & Payment Processing Services stocks

36 US-listed companies in transaction & payment processing services, with $213.6bn of combined revenue in their latest fiscal years. Visa Inc. is the largest ($40.0bn). The fastest grower with at least $100m of revenue in both years is Sezzle Inc., up 66.1%. The median company grew 8.3% with a net margin of 5.6%.

Companies36
Combined revenue$213.6bn
Median revenue growth8.3%
Median net margin5.6%
Median return on equity11.7%
#CompanyRevenueGrowthNet marginROEFiscal year
1 Visa Inc.V $40.0bn 11.3% 50.1% 52.1% 2025
2 PayPalPYPL $33.2bn 4.3% 15.8% 25.7% 2025
3 MastercardMA $32.8bn 16.4% 45.6% — 2025
4 Block, Inc.XYZ $24.2bn 0.3% 5.4% 6.0% 2025
5 FiservFISV $21.2bn 3.6% 16.4% 13.2% 2025
6 Fidelity National Information ServicesFIS $10.7bn 5.4% 3.6% 2.6% 2025
7 Global PaymentsGPN $7.7bn −0.4% 18.2% 6.2% 2025
8 CorpayCPAY $4.5bn 13.9% 23.6% 30.5% 2025
9 Affirm Holdings, Inc.AFRM $4.3bn 32.2% 45.3% 45.1% 2026
10 Euronet Worldwide, Inc.EEFT $4.2bn 6.4% 7.3% 24.4% 2025
11 Shift4 Payments, Inc.FOUR $4.2bn 25.5% 2.8% 10.6% 2025
12 Western Union CoWU $4.1bn −3.8% 12.3% 51.9% 2025
13 Circle Internet Group, Inc.CRCL $2.7bn 63.9% −2.5% −3.6% 2025
14 WEX Inc.WEX $2.7bn 1.2% 11.4% 22.3% 2025
15 Jack Henry & Associates IncJKHY $2.5bn 7.1% 19.8% 24.0% 2026
16 Chime Financial, Inc.CHYM $2.2bn 30.7% −46.2% — 2025
17 Wise Group plcWSE $1.9bn 22.5% 26.3% 27.2% 2026
18 Paysafe LtdPSFE $1.7bn −0.2% −10.7% −23.8% 2025
19 Remitly Global, Inc.RELY $1.6bn 29.4% 4.2% 8.9% 2025
20 Paymentus Holdings, Inc.PAY $1.2bn 37.3% 5.6% 12.8% 2025
21 Payoneer Global Inc.PAYO $1.1bn 7.7% 7.0% 10.2% 2025
22 Priority Technology Holdings, Inc.PRTH $953m 8.3% 5.8% — 2025
23 Marqeta, Inc.MQ $625m 23.3% −2.2% −1.5% 2025
24 Flywire CorpFLYW $623m 26.6% 2.2% 1.6% 2025
25 International Money Express, Inc.IMXI $608m −7.7% 5.4% 22.1% 2025
26 CPI Card Group Inc.PMTS $544m 13.1% 2.8% — 2025
27 Sezzle Inc.SEZL $450m 66.1% 29.6% 103.3% 2025
28 Riskified LTD.RSKD $345m 5.2% −8.0% −8.1% 2025
29 Repay Holdings CorpRPAY $309m −1.2% −83.0% −41.2% 2025
30 Gemini Space Station, Inc.GEMI $180m 26.3% −324.6% — 2025
31 Exodus Movement, Inc.EXOD $122m 4.5% −9.3% −4.5% 2025
32 Usio, Inc.USIO $85m 3.0% −2.9% −13.6% 2025
33 Paysign, Inc.PAYS $82m 40.5% 9.2% 19.1% 2025
34 Atlasclear Holdings, Inc.ATCH $20m 84.7% 9.8% 27.4% 2026
35 OLB Group, Inc.OLB $9m −32.4% −77.0% −171.4% 2025
36 SHF Holdings, Inc.SHFS $8m −49.7% −28.2% — 2025

Medians cover companies with at least $100m of revenue (growth: in both years). Growth is the latest fiscal year against the year before and includes acquisitions.

Other financials industries

Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.