Analysis of the key themes driving private equity deal activity reveals that mobile payments accounted for 5 payments deals announced in Q2 2023, worth a total value of $219.9m. The $100m investment by General Atlantic Partners in PhonePe was the industry’s largest disclosed deal. GlobalData’s Mobile Payments – Thematic Research report explains the impact of mobile payments on the broader payments sector by identifying key trends such as open banking, the leading companies and providing a comprehensive market overview for mobile payments. Buy the report here.
In value terms, mobile payments-related deal activity decreased by % in Q2 2023 compared with the previous quarter’s total of and fell by 77% as compared to Q2 2022. Related deal volume remained flat in Q2 2023 versus the previous quarter.
For further understanding of GlobalData's Mobile Payments - Thematic Research buy the report here.
