Top Fintech as a Service Companies

The global Fintech as a Service market will grow from USD 470.94 billion in 2025 to USD 906.14 billion by 2030 at a compounded annual growth rate (CAGR) of 14.0% during the forecast period. The Fintech as a Service market is witnessing significant growth, propelled by the rising demand for embedded finance as non-financial companies integrate payments, lending, and insurance into their platforms, and the ongoing digitization of merchants that increasingly require digital-first payment and banking solutions. Consumer expectations for one-click checkout, instant payouts, and personalized financial services are also accelerating adoption, as enterprises look for cost-efficient and fast-to-market alternatives to building in-house infrastructure.

To know about the assumptions considered for the study download the pdf brochure

Various globally established players such as PayPal (US), Mastercard (US), Stripe (US), Fiserv (US), Block, Inc. (US), Envestnet (US), Rapyd (UK), Upstart (US), FIS (US), and Adyen (Netherlands) dominate the market. These players are focused on creating new alliances and relationships. Major firms have used various tactics to increase their market domination, including partnerships, contracts, mergers and acquisitions, and introducing new products.

In July 2025, Mastercard collaborated with BMO to expand BMO’s Global Money Transfer service, powered by Mastercard Move’s global money movement capabilities. With the addition of new destinations and currencies, BMO’s Canadian personal banking clients will now be able to reach family and friends in nearly 70 destinations across Europe, the Middle East, Africa, Asia Pacific, Latin America, and the Caribbean.

In April 2025, PayPal collaborated with Coinbase Global to increase the adoption, distribution, and utilization of the PayPal USD (PYUSD) stablecoin. This collaboration will provide value for consumers, enterprises, and institutions as they continue to utilize digital currencies across platforms and borders with the stability of regulated USD-denominated crypto-native assets.

PayPal

PayPal is a globally recognized digital payment platform that provides online payment solutions to individuals and businesses worldwide. It was founded in 1998 and has since become one of the most trusted and widely used payment processors globally, with over 400 million active users in over 200 markets. The company has established itself as a popular payment platform due to its ease of use and security features. PayPal allows customers to send and receive payments online quickly and securely, making it a preferred payment option for online transactions, particularly in the eCommerce sector. Additionally, PayPal’s payment processing fees are transparent, and the platform is compatible with various currencies, making it an attractive choice for businesses that require a flexible payment processor. PayPal’s FaaS offerings include payment processing services, mobile payment solutions, and digital wallet services. The company's payment processing services allow businesses to accept payments online or in person, while its mobile payment solutions, such as Venmo, enable users to make payments and transfer money directly from their mobile devices. PayPal’s digital wallet services enable users to store and manage their payment information securely and conveniently. PayPal also provides a range of value-added services to its FaaS customers, including fraud prevention tools, currency exchange services, and financing options for businesses.

Mastercard

Mastercard is a leading global payment and technology company that provides a wide range of payment solutions to businesses and consumers worldwide. Mastercard's business model is based on providing secure, convenient, and reliable payment solutions that enable businesses and consumers to transact seamlessly across different platforms and channels. The company's payment solutions include credit, debit, and prepaid cards, as well as digital payment solutions such as mobile wallets, contactless payments, and online payments. The primary focus of the company is to facilitate transactions by serving as an intermediary between the financial institutions of merchants and the card-issuing banks or credit unions of customers who utilize Mastercard-branded debit, credit, and prepaid cards for their purchases. Mastercard is one of the major players in the Fintech as a Service market, offering a variety of products and services designed to help businesses of all sizes operate more efficiently and effectively, such as payment processing services, digital wallets, and fraud and risk management. The company has invested heavily in developing cutting-edge solutions that help businesses leverage digital payments and stay ahead of the curve in a rapidly evolving industry.

Market Ranking:

The Fintech as a Service market is competitive, with PayPal, Mastercard, Stripe, Block, Inc., and Fiserv collectively commanding 40-50% of the total market share. PayPal leads with its global reach and diversified offerings across payments and digital wallets, while Mastercard serves as a critical infrastructure provider through its global rails and open banking initiatives. Stripe stands out as an innovation leader with developer-first APIs and modular fintech solutions powering digital-first businesses worldwide. Fiserv maintains a stronghold with banks and enterprises through its extensive payment processing and digital banking capabilities. Block, Inc. differentiates itself with an ecosystem-driven model combining SME-focused merchant services, Cash App, and BNPL (Buy Now Pay Later). Collectively, these companies shape the competitive core of Fintech as a Service, balancing scale, infrastructure, and innovation.

Related Reports:

Fintech as a Service Market by Type (Banking, Payments, Insurance, Lending, RegTech, Wealth Management, Digital Assets & Currencies, Cybersecurity), End User (Consumer, Banks, NBFCs, Insurance Companies, Government) - Global Forecast to 2030

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets Inc.
1615 South Congress Ave.
Suite 103,
Delray Beach, FL 33445
USA : 1-888-600-6441
sales@marketsandmarkets.com