Payments consolidation reaches a peak?
2018 and 2019 have now seen what may be record years for both investment in and consolidation across the payments space, on a global scale.
Although volume slid by a slight margin, the aggregate deal values across the past two years are truly staggering.
Such spending signals immense pressure to consolidate payments offerings across not only consumer but also B2B segments, as incumbents and tech giants alike seek to offer the best consumer and business payment options across mobile and enterprise scales in particular.
What’s difficult to assess is if this degree of consolidation will continue going forward, as much of the best-positioned M&A has occurred already.
Email Chris Hadorn