Total payments industry venture financing deals in Q2 2020 worth $1.54bn were announced globally, according to GlobalData’s deals database.
Go deeper with GlobalData
- Embed this chart
Embed this chart into your website
Copy and paste the code below into your website to display the chart.
The value marked an increase of 63.1% over the previous quarter and a drop of 11.6% when compared with the last four-quarter average, which stood at $1.74bn.
Comparing deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $963.06m. At the country level, the US topped the list in terms of deal value at $962.56m.
In terms of volumes, North America emerged as the top region for payments industry venture financing deals globally, followed by Asia-Pacific and then Europe.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThe top country in terms of venture financing deals activity in Q2 2020 was the US with 20 deals, followed by the UK with seven and India with seven.
In 2020, as of the end of Q2 2020, payments venture financing deals worth $2.55bn were announced globally, marking a decrease of 10.1% year on year.
Payments industry venture financing deals in Q2 2020: Top deals
The top five payments industry venture financing deals accounted for 74% of the overall value during Q2 2020.
The combined value of the top five payments venture financing deals stood at $1.14bn, against the overall value of $1.54bn recorded for the month.
The top five payments industry deals of Q2 2020 tracked by GlobalData were:
1) Andreessen Horowitz, General Catalyst Partners, GV Management Co and Sequoia Capital Operations’ $600m venture financing of Stripe
2) The $160m venture financing of Airwallex by ANZi Ventures, DST Global, Hillhouse Capital Group, Horizons Ventures, Salesforce Ventures, Sequoia Capital China and Tencent Holdings
3) DST Global and Lone Pine Capital’s $150m venture financing of Brex
4) The $150m venture financing of Checkout by Blossom Capital, Coatue Management, DST Global, Insight Venture Management, Singapore sovereign wealth fund and GIC
5) Bpifrance, IDInvest Partners and Index Ventures’ venture financing of Heroku for $78.58m.
Verdict deals analysis methodology
This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.
GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.
More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.
