Total payments industry venture financing deals in Q4 2020 worth $1.15bn were announced globally, according to GlobalData’s deals database.
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The value marked a decrease of 21.2% over the previous quarter and a drop of 33.3% when compared with the last four-quarter average, which stood at $1.74bn.
Comparing deals value in different regions of the globe, Europe held the top position, with total announced deals in the period worth $469.26m. At the country level, the US topped the list in terms of deal value at $274.16m.
In terms of volumes, Asia-Pacific emerged as the top region for payments industry venture financing deals globally, followed by Europe and then North America.
The top country in terms of venture financing deals activity in Q4 2020 was the US with 17 deals, followed by the UK with 13 and India with nine.
In 2020, as of the end of Q4 2020, payments venture financing deals worth $5.35bn were announced globally, marking a decrease of 28.6% year on year.
Payments industry venture financing deals in Q4 2020: Top deals
The top five payments industry venture financing deals accounted for 40.4% of the overall value during Q4 2020.
The combined value of the top five payments venture financing deals stood at $466.35m, against the overall value of $1.15bn recorded for the month.
The top five payments industry deals of Q4 2020 tracked by GlobalData were:
1) LGT Lightstone Europe, Square, Tencent Holdings and TIM Ventures’ $110.35m venture financing of Satispay
2) The $100m venture financing of Razorpay Software by Matrix Partners, Ribbit Capital, Sequoia Capital India, GIC, Tiger Global Management and Y Combinator Management
3) Bain Capital Ventures’ $95m venture financing of GoCardless
4) The $86m venture financing of Lydia Solutions by Accel
5) Activant Capital Group, General Atlantic, Tribe Capital and WestCap Partners’ venture financing of Bolt Financial for $75m.
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.