FXC Intelligence

FIS and Global Payments have announced a multi-party deal that will reshape their strategic focus and potentially shift the competitive landscape of the payments processing space. Our latest report breaks down the Worldpay-led transaction – one of the sector’s most complex deals in recent years – and explores its implications for the industry. Here are some of the key takeaways: • Global Payments acquires Worldpay at an enterprise valuation of $24.25bn, turning it into a solely merchant solutions-focused business • FIS gains Issuer Solutions from Global Payments for $13.5bn, expanding its recurring revenue base • GTCR sees substantial gains, with its Worldpay stake translating into ~15% of Global Payments’ outstanding shares • The deal paves the way for both FIS and Global Payments to become more focused, streamlined operators • With combined transaction volumes set to outpace peers, Global Payments is set to emerge as the largest payments processor by volume • FIS strengthens its offering across financial institutions, with enhanced cross-sell potential
 Read our full breakdown of what the deal means for FIS, Global Payments, Worldpay and the wider sector: https://lnkd.in/eFUbPNM8
 #Payments #Fintech #MergersAndAcquisitions #FIS #GlobalPayments #Worldpay #GTCR #DigitalPayments #Ecommerce #BankingTechnology #FXCIntelligence

Following yesterday's launch of our first joint report with Money20/20 at Money20/20 Asia, our CEO Daniel Webber was interviewed on NYSE TV live from Bangkok about the trends and insights from the report. Jump to 5:05 on the video below to see the interview in full ⬇️

Geographic expansion has emerged as the central theme driving payments M&A activity in early 2025, as companies refocus on market growth amid IPO slowdowns. While past deals often centred on tech enhancement or talent, recent acquisitions are largely about extending geographic or sector reach: • Fiserv expanded its Clover business with CCV in the Netherlands and Pinch in Australia • Airwallex secured a key Vietnamese licence through its CTIN acquisition • Shift4’s $2.5bn acquisition of Global Blue strengthens strategic ties with Ant International and Tencent • Ripple and Circle are shifting focus to sector-specific expansion, acquiring key firms to support their stablecoin investment ambitions Read more: https://lnkd.in/ekXJSjv8

I am delighted to share our first report with Money20/20, launched today at Money20/20 Asia in Bangkok, on the future of Asia’s payments infrastructure. Asia-Pacific’s cross-border payments market is set to nearly double by 2032 to $23.8tn – growing faster than the rest of the world. This transformation is being shaped by advances in technology, regulatory shifts and rising demand for seamless interoperability. The report draws on FXC Intelligence’s latest market sizing data and insights from 100+ industry stakeholders. From real-time payments to CBDCs and stablecoins, the region’s evolution will be driven by partnerships and innovation rather than a single dominant model. Huge thanks to everyone who contributed to ’How Will Asia’s Money Move in the Future? 2025’s View of 2035’. Download the full report: https://lnkd.in/ePDqRmz9 #Money2020Asia #Money2020 #payments #CrossBorderPayments #Fintech #CrossBorder #AsiaFinance #FXCIntelligence

Digital channels are reshaping the global consumer money transfer industry, projected to reach $3.1tn in 2032 – but cash still plays a meaningful role. Our latest report explores the ongoing digital shift, its impact on remittances and high-value consumer transfers, and where growth is heading next. Key findings include: • Digital-first players like Remitly and Wise are seeing stronger revenue and app download growth than traditional competitors • Western Union and Intermex - International Money Express remain operationally efficient, but are accelerating digital strategies to stay competitive • Cash usage remains prominent in regions with lower financial inclusion, though digital wallets are starting to gain traction • Larger transfers are increasingly moving from bank wires to fintech platforms Read the full story in this report from Joe Baker here: https://lnkd.in/eujTjdwc #MoneyTransfers #DigitalPayments #Remittances #Fintech #CrossBorderPayments #FinancialInclusion #FXCIntelligence

Citi has reported solid Q1 2025 growth in its cross-border payments business, as transaction flows hit $95.1bn – a 5% YoY increase, outpacing overall revenue growth. Cross-border remains a focus for Citi, and is primarily under its Payments unit, which sits within Treasury and Trade Solutions (TTS) segment of its Services division. Key points: • Cross-border transaction value was equivalent to 14% of TTS deposits – higher than Q1 2024, though slightly down from Q4 2024 • We estimate this quarter’s Payments revenue to be around $1bn, based on its previous share of non-interest Services revenue • TTS revenue rose 4% to $3.6bn, with Services overall up 3% to $4.9bn • Wise transformation efforts at the bank saw GenAI use expanded across Services for automation and fraud detection • Citi Payments Express is now live in 19 countries, with 10x volume growth since Q4 2024 Citi is currently relatively optimistic about the long-term impacts of the tariffs, but has warned that if they remain in place, economic activity will be damped and cross-border flows will change – creating both headwinds and opportunities More from Citi’s Q1 earnings: https://lnkd.in/eygrP3SQ
 #Citibank #Payments #CrossBorder #CrossBorderPayments #Banking #Treasury #TradeSolutions #Fintech #DigitalTransformation #FX

✏️ New Blog Post ✏️ Last week saw the Women in Payments EMEA Symposium held in London, and as well as having five nominees at the associated awards, we were delighted to have two of our number providing their insights as part of the broad range of brilliant speakers at the conference. Our Senior Product Manager Francesca Piras gave her perspectives on career development as part of the panel for ‘Navigating Success Through Career Mobility’. Meanwhile, our Head of Delivery Liz Collier-Harrison shared her insights on being part of senior leadership in the session ‘Pathways to Leadership: Preparing for Board Success’. Building on the perspectives she shared during the event, Liz shared her insights with our Senior Talent Acquisition Partner Charlotte Meek in our latest company blog post. Covering her experiences both speaking at and attending the Women in Payments Symposium, including some of her standout moments and key insights from the conference, this is a must-read for women building their career in the payments industry, and for anyone interested in supporting women in cross-border payments and beyond. Read it here: https://lnkd.in/eZv4TJnA #WomenInPayments #WomenInFintech #WomenInTech #CareerDevelopment #payments #CrossBorderPayments #FXCIntelligence #ProudToBeFXC 

As a key provider of cross-border money movement capabilities, Mastercard Move serves fintechs, banks and payment companies around the world. Find out how the company is laying strong foundations for its commercial success with its pioneering use of FXC Intelligence’s Sales Enablement Platform product: https://lnkd.in/egf9jdE5 #fintech #SalesEnablement #payments #FintechSales #FXCIntelligence Mastercard

Money20/20 Partners with FXC Intelligence to Empower its Global Community with Exclusive Data and Insights Tracey Davies (Byers), President of Money20/20, said: “At Money20/20, we’re committed to arming our community with the intelligence they need to lead in a rapidly evolving financial landscape. Our partnership with FXC Intelligence marks a significant step forward in that mission. By bringing exclusive, data-led insights on cross-border payments to our global shows, we’re empowering industry leaders with the clarity and foresight to navigate one of the most complex and dynamic sectors in fintech.” https://lnkd.in/eKqy6nKq Daniel Webber Ashley Jenkins Ian Horne Neve Waters Kitty-Mai Alderson-Berry Katie Martel Kezia Johnson Lucy Ingham #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

Wise is doubling down on its infrastructure ambitions. At its recent Capital Markets Day, the company not only shared strong preliminary FY 2025 numbers but also highlighted its continued transition from a consumer-first platform to an enterprise-grade cross-border payments infrastructure provider. Key insights from the event: • Underlying income rose 16% to £1.36bn in FY 2025, with cross-border volumes up 22% to £145bn. • Wise Platform accounts for 4% of cross-border volumes, but Wise expects it to account for 10% in the medium term and over 50% in the long term. • Wise Account income grew at a 66% CAGR between FY 2021 and FY 2025, outpacing transfer income as customers increasingly store and spend on the platform. • The company held £21bn in customer funds at the end of FY 2025 and is investing £2bn more in infrastructure to deepen global reach and improve speed. • SME and business services are expanding, contributing 23% of revenue despite representing a smaller share of customers. • Wise’s strategy highlights a broader trend across the sector: B2B infrastructure plays and embedded cross-border payments are becoming central to growth. 🔗 https://lnkd.in/e4XuAka5 #CrossBorderPayments #Fintech #Wise #PaymentsInfrastructure #B2BPayments #WisePlatform #EmbeddedFinance