Investors Love SaaS Fintech
*This is the third of a three-part series in which we examine the evolution of software-integrated payments and fintech. In this third part, we look at how integrated payments are driving value creation for SaaS public equity investors.
Traditional Acquirers Missed the Digital Boat
The most lucrative, fastest growing merchant payments companies are not acquirers. Payment facilitators such as Stripe, PayPal, Sumup, d-local, Ebanx, Mercado Pago, PagSeguro, Stone, Shopify, Intuit, Mollie, and others reinvented the market, extracting huge profits by leveraging digital technology to address the long-tail of small merchant payments. Acquirers largely missed the boat and have often […]
The Paypers: Who’s Who in Payments Report 2021
Flagship recently supported the development of The Paypers’ Who’s Who in Payments report for 2021, and would encourage everyone to download the report for great market and participant insights.
The Processing Landscape for Card Issuing and A2A Payments in 2021
Issuer card processing and financial institution account to account processing have evolved dramatically in the past ten years. What used to be an (arguably) commoditized landscape of providers with a clear delineation between card issuing and account to account payments has undergone significant shifts in technology, business models, and new entrants. Below we examine the […]
B2B ISV-fintech: Contrasting the U.S. and European Markets
We recently analyzed the contrast between B2B payments in the U.S. and Europe, focusing on the integration of financial services with accounting/ERP, accounts receivable (A/R), and accounts payable (A/P) management software. The results are a stark contrast between the market fundamentals in these two geographies, due to the differences in the bank-to-bank payments infrastructure, penetration […]
Best Practices in SaaS-Payments Across Verticals
*This is the second in a three-part series in which we examine the evolution of software-integrated payments and fintech. In this second part, we analyze the best practices of SaaS platforms and ISVs offering integrated payments across verticals.
The Evolving, Massive, Global Potential of SaaS-fintech
*This is the first in a three-part series in which we examine the evolution of software-integrated payments and fintech. In this first part, we explore the evolutionary journey for software providers and the globalization of the SaaS-payments business model.
Leading Banks Looking to Reverse the Un-banking of Merchant Payments
Lost in the escalating hype and company valuations of fintechs is the changing role of banks in merchant payments. Historically, the market for merchant payments in North America and Europe was owned by banks, but now, banks own less than half of merchant acquiring market share in North America and Europe. Over the last two […]
Comparing North American and European Payfacs
We recently analyzed and compared the composition of the MasterCard payment facilitator lists in North America and Europe1. The lists are similar in size, with 244 payfacs in North America and 232 in Europe2. However, the composition of the two payfac lists is quite different and we believe that this difference tells an interesting story […]
Hype vs. Reality of COVID-19’s Impact on Payments Industry – Part 3
(Part 3* – Channel and Form Factor Impacts)