Tracxn Mobile Payments Startup Landscape, September 2016

Mobile Payments – September 2016

TracxnWorld’s Largest Startup Research Platform

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Contents

Topic Page No.

Scope of Report 04

Entrepreneur Activity 06

Investment Trend 10

Who is Investing 18

Exit Outlook - IPO, Acquisitions 22

Sub Sector Analysis 26

Interesting Companies 38

Useful Links 48

Company List 50

Team 216


Sector Overview

Scope of report

This report contains companies which are provide mobile-first payment solutions to the users or to the third-party services astechnology or white label. The mobile-first payment solutions include mobile wallets, carrier billing services which allowconsumers to pay by their mobile. Any associated value to the mobile handset by virtual money, linked card are included undermobile payments. The companies providing solutions should have core value of providing payments as a solution. Thecompanies providing Wearable technology only for payment and authentication are also included in the report.

The scope of this report includes equity as well as debt funding received by the companies.

Business Model Description

mPoSCompanies providing solutions to merchants to accept payments via card readers or the iPad software which allowsmerchants to manage their day-to-day works

WalletCompanies providing consumers with a mobile app that can have money loading, card or bank linking facility forpayments and money transfer

Carrier Billing Companies allowing users to pay for their purchases and bill it to their mobile phone bills.

Wearables Companies providing wearable for payments

Payment Gateway Companies offering payment gateway service for mobile payments

Technology Companies providing technology solutions that are integrated by mobile payment solution offering companies

Multi Solutions Companies providing more than one mobile payment solutions


Scope of Report

Entrepreneur Activity

Investment Trend

Who is Investing

Exit Outlook - IPO, Acquisitions

Sub Sector Analysis

Interesting Companies

Useful Links

Company List

Team

5


83

144

191

174

207

187

34

0

50

100

150

200

250

2010 2011 2012 2013 2014 2015 2016

Nu

mb

er o

f C

om

pan

ies

6

YoY – Number of companies founded

Paytm Orderbird SumUp Momo Velocity AEVI International Sezzle

iZettle Ezetap Payleven Poynt Parkbees The Mobile Wallet ftcash


Large Upcoming Sectors


Niche Upcoming Sectors


Scope of Report


Investment Trend

Who is Investing


Sub Sector Analysis


Useful Links

Company List

Team

9


YoY – Number of Rounds and Total Funding

Note: The funding includes debt rounds also.

$54M

$190M$174M

$346M

$568M $502M

$1.5B

$2.2B

$584M

15

2733

66

109

155

134138

73

0

36

72

108

144

180

0

500

1000

1500

2000

2500

2008 2009 2010 2011 2012 2013 2014 2015 2016

Nu

mb

er of R

ou

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sFu

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Am

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(in

Bill

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s)

Funding Amount Number of Rounds


YoY – Number of Rounds by Stage


YoY – Funding by Stage


Average Ticket Size – Early Stage


Top investments in last one year


Top investments in last one year


Funnel view of Sector


Scope of Report


Investment Trend

Who is Investing


Sub Sector Analysis


Useful Links

Company List

Team

17


Most Active Investors in Sector

16

109 9

87 7 7 7

0

4

7

11

14

18

Sequoia Capital NEA 500 Startups Index Ventures Accel Partners HoltzbrinckVentures

Matrix Partners QualcommVentures

Startupbootcamp

Tota

l Nu

mb

er o

f R

ou

nd

s

Square TabbedOut UniPay iZettle Venmo SumUp Zong Validity WoraPay

QFPay Venmo Romit Boku Lightspeed POS BokuMswipe

Zoop TapTrack


Where are Top Investors investing


Top Investor by Stage of Entry


Scope of Report


Investment Trend

Who is Investing


Sub Sector Analysis


Useful Links

Company List

Team

21


Top IPOs

IPO Date Company OverviewFunding Amount

Mcap at IPOExch:Ticker

Nov 2015 squareup.comSquare

(San Francisco, 2009)

Mobile point of sale provider.Morgan Stanley, Sequoia Capital, Khosla Ventures, Goldman Sachs, Starbucks, KPCB, Tiger Global Management, Citi, GGV Capital, Silicon Valley Bank, Sapphire Ventures, JPMorgan Chase & Co., Saints Capital, Victory Park Capital, Rizvi Traverse, Colchis Capital, GIC, Darwin Ventures, Visionnaire Ventures

$490.5MNYSE:SQ

May 2013Qiwi

(Russia, 2008)

Digital wallet provider for payments.- - NASDAQ:QIWI

Jul 2005Bango

(Cambridge, 1999)

Carrier Billing service provider- $31.9M LON:BGO

Oct 2000Wirecard

(Aschheim, 1999)Payment processing and issuing product service provider - DAX:WDI

Jan 2010 versapay.comVersaPay

(Vancouver, 2006)

Provider of business applications and merchant PoS solutions-

CVE:VPY

Jun 2007 mintpayments.comMint

(Gladesville, 2007)

Payments processing solution provider-

ASX: MNW


Major Acquisitions in last one year


Major Acquisitions in last one year


Scope of Report


Investment Trend

Who is Investing


Sub Sector Analysis


Useful Links

Company List

Team

25


September 2016Tracxn BlueBox : Mobile Payments

Cumulative funding in the sector

1290+ companies in the sector, 803 funded in last 5 years, $2.57B invested in 2015/16


Top Business Models by Funding

$2.6B$2.5B

$331M$248M

$153M $136M$17M

0

600

1200

1800

2400

3000

Wallet mPoS Technology Carrier Billing Multi-Solutions Payment Gateway Wearables

Tota

l Fu

nd

ing

Am

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(in

Mill

ion

s)

# Cos. 664 340 101 59 32 57 25

Avg. Age 2012.42 2009.59 2010.15 2008 2007.48 2010.77 2013.96

Paytm Square Validity Boku Obopay 2Checkout Bionym

Mozido Lakala Privaris Bango Corduro Apriva Sling


Wallet – Business Model Description


Wallet – Entrepreneur Activity and Investment Trend


Wallet – Most Funded Companies


mPoS – Business Model Description


mPoS – Entrepreneur Activity and Investment Trend


mPoS – Most Funded Companies


Technology – Business Model Description


Technology – Entrepreneur Activity and Investment Trend


Technology – Most Funded Companies


Scope of Report


Investment Trend

Who is Investing


Sub Sector Analysis


Useful Links

Company List

Team

37


Interesting Unfunded Companies

Company OverviewBusiness Model

paykey.mePaykey

(2015, Tel Aviv)

Technology to enable money transfer via messaging apps.Technology > Payment Enablers

mobileid.inMobileID

(2013, Kochi)

PKI based 2FA solutionTechnology > Security

Wone Payments(2015, Helsinki)

Inter-mobile wallet payment solution leveraging blockchain Technology > Interoperability

eWallets Network(2015, San Francisco)

Mobile wallet interoperability provider creating a network of mobile wallet providers.

Technology > Interoperability

Dash(2016, Singapore)

Mobile wallet with NFC-based payment technologyWallet > Semi Closed > Proximity Payments > NFC

MishiPay(2015, London)

Self-checkout solution/app for offline retail stores Wallet > Semi Closed > App based payments

Moulah(2015, Somerville)

Mobile payment app provider based on location proximity for especially for street performers

Wallet > Semi Closed > App based payments

Facepay(2015, San Fancisco)

Face scanning technology for payment at POS Technology > Security > Biometric

Curated list of companies by the sector analyst are defined as Interesting


Interesting Unfunded Companies


Interesting Seed Companies


Interesting Series A Companies


Interesting Series A Companies


Interesting Late Stage Companies






Top Funded Deadpooled Companies


Scope of Report


Investment Trend

Who is Investing


Sub Sector Analysis


Useful Links

Company List

Team

47


Useful Links

Slide Title Content Platform Link

List of All Companies in readable format Companies Link

Large Upcoming Sectors Entrepreneur Activity Link

Niche Upcoming Sectors Entrepreneur Activity Link

Top investments in last one year Investment Trend Link

Top IPOs Exit Outlook - IPO, Acquisitions Link

Major Acquisitions in last one year Exit Outlook - IPO, Acquisitions Link

Wallet – Most Funded Companies Sub Sector Understand Link

mPoS – Most Funded companies Sub Sector Understand Link

Carrier Billing – Most Funded Companies Sub Sector Understand Link

Technology – Most Funded Companies Sub Sector Understand Link

Wearables – Most Funded companies Sub Sector Understand Link

Top Funded Deadpooled Companies Companies Link

http://tracxn.com/theme/feedview/530dd04ee4b085b6b112de4d#%7Csort%3DdatePublished%7Corder%3DDEFAULT%7CfeedName%3DMobile%20Payments

http://tracxn.com/theme/largeupcoming/530dd04ee4b085b6b112de4d#%7Csort%3DdatePublished%7Corder%3DDEFAULT%7CfeedName%3DMobile%20Payments

http://tracxn.com/theme/nicheupcoming/530dd04ee4b085b6b112de4d#%7Csort%3DdatePublished%7Corder%3DDEFAULT%7CfeedName%3DMobile%20Payments

http://tracxn.com/theme/feedview/530dd04ee4b085b6b112de4d#%7Csort%3DtotalMoneyRaised%7Corder%3DDEFAULT%7CfeedName%3DMobile%20Payments%7CfundedDate%5Emin%3D01%2F01%2F2015%5Emax%3D07%2F09%2F2016

http://tracxn.com/theme/feedview/530dd04ee4b085b6b112de4d#%7Csort%3DipoDate%7Corder%3DDEFAULT%7CfeedName%3DMobile%20Payments%7CcompanyType%3DPUBLIC

http://tracxn.com/theme/feedview/530dd04ee4b085b6b112de4d#%7Csort%3DdatePublished%7Corder%3DDEFAULT%7CfeedName%3DMobile%20Payments%7CcompanyType%3DACQUIRED%7CacquisitionDate%5Emin%3D01%2F01%2F2015%5Emax%3D07%2F09%2F2016

http://tracxn.com/theme/feedview/530dd04ee4b085b6b112de4d#%7Csort%3DtotalMoneyRaised%7Corder%3DDEFAULT%7CfeedName%3DMobile%20Payments%7CbusinessModel%3D530dd099e4b085b6b112de60%3AWallet%7CisFunded%3Dtrue

http://tracxn.com/theme/feedview/530dd04ee4b085b6b112de4d#%7Csort%3DtotalMoneyRaised%7Corder%3DDEFAULT%7CfeedName%3DMobile%20Payments%7CbusinessModel%3D530dd080e4b085b6b112de5e%3AmPoS%7CisFunded%3Dtrue

http://tracxn.com/theme/feedview/530dd04ee4b085b6b112de4d#%7Csort%3DtotalMoneyRaised%7Corder%3DDEFAULT%7CfeedName%3DMobile%20Payments%7CbusinessModel%3D5385eaaae4b018d114138d79%3ACarrier%20Billing%7CisFunded%3Dtrue

http://tracxn.com/theme/feedview/530dd04ee4b085b6b112de4d#%7Csort%3DtotalMoneyRaised%7Corder%3DDEFAULT%7CfeedName%3DMobile%20Payments%7CbusinessModel%3D5385ec96e4b018d114138d81%3ATechnology%7CisFunded%3Dtrue

http://tracxn.com/theme/feedview/530dd04ee4b085b6b112de4d#%7Csort%3DtotalMoneyRaised%7Corder%3DDEFAULT%7CfeedName%3DMobile%20Payments%7CbusinessModel%3D55b9dff6e4b0f44ef0b8808e%3AWearables%7CisFunded%3Dtrue

http://tracxn.com/theme/feedview/530dd04ee4b085b6b112de4d#%7Csort%3DtotalMoneyRaised%7Corder%3DDEFAULT%7CfeedName%3DMobile%20Payments%7CcompanyType%3DDEADPOOLED%7CisFunded%3Dtrue


Scope of Report


Investment Trend

Who is Investing


Sub Sector Analysis


Useful Links

Company List

Team

49


Mobile Payments – Company List

Wallet mPoS Technology Carrier Billing Multi-Solutions Payment Gateway Wearables

441 FUNDED COMPANIES AND 850 UNFUNDED COMPANIES

COVERS THE FOLLOWING SECTORS


Wallet (1/84)Company Overview Business Model

Total Funding

Finja(2002, Istanbul)

Mobile wallet service.Turkven

$1M

Puut Technologies(2016, Aschheim)

Content and Money sharing app

Dragonfish(2010, Copenhagen)

Digital transaction providers.

Supergasme(2015, Bangalore)

Mobile payment platform for gas stations

Mobi Wallet Payment Systems(2012, Harare)

Mobile Money Order and Semi Closed Wallet company

Lioncode Technologies(2014, Hyderabad)

Mobile payments company in stealth mode

Billfold(2015, Gurgaon)

Mobile wallet payment application

NFComm(2010, Nairobi)

Mobile wallet solution provider.

Go to BM List >> mPoS

51



Total Funding

Boosterville(2014, Delhi)

Reload-able prepaid mobile wallet for lifestyle shopping payments

PagueMob(2014, Atlanta)

PagueMob

Smart Paisa Wallet(2012, Mumbai)

Integrated mobile wallet

Zapp(2004, Podgorica)

Mobile payment processorAggregator $25.7M

Walleto(2015, Mumbai)

Mobile wallet application to pay at restaurants and retail storesAggregator

WiGroup International(2005, Montreal)

Mobile platform to enable payments, loyalty and rewards.Accel Partners, Inovia Capital, Investissement Quebec, Teralys Capital, CDPQ

Aggregator

Yo Uganda Payments(2010, Suzhou)

Platform to accept multiple payments options.Heli Investment

Aggregator

Beyonic(2015, Delhi)

Platform for mobile money aggregation.Aggregator


52



Total Funding

UnoPay(2014, Bangalore)

Wallet payment aggregatorAggregator

Cashyou(2013, Sao Paulo)

P2P PaymentsOpen $12.5K

Vodafone m-pesa(2007, Hyderabad)

Open wallet systemOpen

Momo(2013, Shenzhen)

Mobile first payment service providerShenzhen Capital Group

Open > In-app Payment $33.75M

m-banco(2010, Edison)

Mobile platform for various financial services.Open > In-app Payment $3.98M

Blockbond(2015, Philadelphia)

Mobile app for banking and payments.Open > In-app Payment

PayMe(2011, Melbourne)

Mobile wallet and offline payment solution.Open > In-app Payment

Fri(1999, Dallas)

Mobile wallet for P2P and retail money transfer service.Open > In-app Payment


53


Wallet (4/84)


54


Wallet (5/84)


55


Wallet (6/84)


56


Wallet (7/84)


57


Wallet (8/84)


58


Wallet (9/84)


59


Wallet (10/84)


60


Wallet (11/84)


61


Wallet (12/84)


62


Wallet (13/84)


63


Wallet (14/84)


64


Wallet (15/84)


65


Wallet (16/84)


66


Wallet (17/84)


67


Wallet (18/84)


68


Wallet (19/84)


69


Wallet (20/84)


70


Wallet (21/84)


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Wallet (22/84)


72


Wallet (23/84)


73


Wallet (24/84)


74


Wallet (25/84)


75


Wallet (26/84)


76


Wallet (27/84)


77


Wallet (28/84)


78


Wallet (29/84)


79


Wallet (30/84)


80


Wallet (31/84)


81


Wallet (32/84)


82


Wallet (33/84)


83


Wallet (34/84)


84


Wallet (35/84)


85


Wallet (36/84)


86


Wallet (37/84)


87


Wallet (38/84)


88


Wallet (39/84)


89


Wallet (40/84)


90


Wallet (41/84)


91


Wallet (42/84)


92


Wallet (43/84)


93


Wallet (44/84)


94


Wallet (45/84)


95


Wallet (46/84)


96


Wallet (47/84)


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Wallet (48/84)


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Wallet (49/84)


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Wallet (50/84)


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Wallet (51/84)


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Wallet (52/84)


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Wallet (53/84)


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Wallet (54/84)


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Wallet (55/84)


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Wallet (56/84)


106


Wallet (57/84)


107


Wallet (58/84)


108


Wallet (59/84)


109


Wallet (60/84)


110


Wallet (61/84)


111


Wallet (62/84)


112


Wallet (63/84)


113


Wallet (64/84)


114


Wallet (65/84)


115


Wallet (66/84)


116


Wallet (67/84)


117


Wallet (68/84)


118


Wallet (69/84)


119


Wallet (70/84)


120


Wallet (71/84)


121


Wallet (72/84)


122


Wallet (73/84)


123


Wallet (74/84)


124


Wallet (75/84)


125


Wallet (76/84)


126


Wallet (77/84)


127


Wallet (78/84)


128


Wallet (79/84)


129


Wallet (80/84)


130


Wallet (81/84)


131


Wallet (82/84)


132


Wallet (83/84)


133


Wallet (84/84)


134


mPoS (1/43)

Wallet << Go to BM List >> Technology

135


mPoS (2/43)


136


mPoS (3/43)


137


mPoS (4/43)


138


mPoS (5/43)


139


mPoS (6/43)


140


mPoS (7/43)


141


mPoS (8/43)


142


mPoS (9/43)


143


mPoS (10/43)


144


mPoS (11/43)


145


mPoS (12/43)


146


mPoS (13/43)


147


mPoS (14/43)


148


mPoS (15/43)


149


mPoS (16/43)


150


mPoS (17/43)


151


mPoS (18/43)


152


mPoS (19/43)


153


mPoS (20/43)


154


mPoS (21/43)


155


mPoS (22/43)


156


mPoS (23/43)


157


mPoS (24/43)


158


mPoS (25/43)


159


mPoS (26/43)


160


mPoS (27/43)


161


mPoS (28/43)


162


mPoS (29/43)


163


mPoS (30/43)


164


mPoS (31/43)


165


mPoS (32/43)


166


mPoS (33/43)


167


mPoS (34/43)


168


mPoS (35/43)


169


mPoS (36/43)


170


mPoS (37/43)


171


mPoS (38/43)


172


mPoS (39/43)


173


mPoS (40/43)


174


mPoS (41/43)


175


mPoS (42/43)


176


mPoS (43/43)


177


Technology (1/13)

mPoS << Go to BM List >> Carrier Billing

178


Technology (2/13)


179


Technology (3/13)


180


Technology (4/13)


181


Technology (5/13)


182


Technology (6/13)


183


Technology (7/13)


184


Technology (8/13)


185


Technology (9/13)


186


Technology (10/13)


187


Technology (11/13)


188


Technology (12/13)


189


Technology (13/13)


190


Carrier Billing (1/8)

Technology << Go to BM List >> Multi-Solutions

191




192




193




194




195




196




197




198


Multi-Solutions (1/4)

Carrier Billing << Go to BM List >> Payment Gateway

199




200




201




202


Payment Gateway (1/8)

Multi-Solutions << Go to BM List >> Wearables

203




204




205




206




207




208




209




210


Wearables (1/4)

Payment

Gateway<< Go to BM List

211


Wearables (2/4)

Payment


212


Wearables (3/4)

Payment


213


Wearables (4/4)

Payment


214


Scope of Report


Investment Trend

Who is Investing


Sub Sector Analysis


Useful Links

Company List

Team

215


Team

216

Rohit Bhattacharya

Analyst – Fintech

Tarun Bansal

Lead Analyst – Fintech

https://in.linkedin.com/in/rohit-bhattacharya-60336259

https://in.linkedin.com/in/rohit-bhattacharya-60336259

https://twitter.com/iamrohitb

https://twitter.com/iamrohitb

https://www.linkedin.com/in/tarunbansal19

https://www.linkedin.com/in/tarunbansal19

https://twitter.com/tbansal19

https://twitter.com/tbansal19

Data & Analytics

Tracxn Mobile Payments Startup Landscape, September 2016