Payments remains one of the largest sectors within FinTech, with around 19% of companies in FinTech focusing on payments. In Q1 2022, so far, over £1.15bn has been invested in 34 companies, which should further fuel growth.
There is a rise in partnership and senior sales roles within the payments sector. Demand is still high across all business areas. As such, salaries continue to increase. Most hiring activity is centred around London.
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Ripple and Modulr announce strategic partnership
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Expanding its omnichannel platform, DNA Payments acquired FPMS
Checkout raised $1bn round at $40bn valuation
Blockchain entertainment payments system, Purely Capital, were acquired by US-based Pipe.