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Latest Stax News

Merchant Services Market Size to Grow Worth USD 38.71 Billion at a CAGR of 9.75% by 2025 - Fundamental Analysis, Portfolio Management & Growth Opportunities: Adroit Market Research

Oct 5, 2022

Key Players Profiled PayPal, Chase Payment solutions, Stripe, Dharma Merchant Services, Fiserv, Flagship Merchant Services, Payment Cloud, Square, Helcim, Payment Depot, Stax, Instabill, Barclays, Paymentsense, Sumup, Worldplay, Wells Fargo, Bank of America, Citi Bank, TSYS, JP Morgan Chase, Ayden, Galileo, FIS, Global Payments The industry's role in promoting inclusivity has grown significantly in importance as payments become more and more paperless. By providing retailers and merchants with a platform to efficiently and swiftly process card payment transactions, the card acquiring sector has grown over time. Due to the commodity status that merchant acquiring has reached over the past ten years, industry participants are now distinguishing their products by reducing margins on transactional volume. The goal of future-focused growth in this industry is to develop an improved "Merchant Acquirer" who will provide value-added services to current clients and generate new business in the SME sector. The market for merchant services is being driven by factors like the transition to cashless, which promises to cut costs, boost convenience, and improve security for customers and businesses. The processing of card payment transactions must include merchant services. Enquire before purchasing this report at: https://www.adroitmarketresearch.com/contacts/enquiry-before-buying/905 The largest portion of the merchant services market is made up of the retail sector. The retail segment is driven by variables that lead to a high percentage of cashless transactions, including rising population, growing urbanization, rising disposable income, and changing consumer preferences. In the restaurant and hotel industry, where clients may check in with simple and quick card payments, the merchant acquiring business is one of the lucrative ventures. In 2021, the Asia Pacific region held the largest market share of 41.4%, largely due to the region's growing banked population, improved payment infrastructure, expanding consumer demand for electronic payments, and increased merchant acceptance. With digital wallets accounting for 68.6% of the value of eCommerce transactions in 2021, Asia-Pacific is known for being the first region to adopt them as the main method of payment. This is especially true in China, where the value of digital wallet transactions made up roughly 80% of the total eCommerce transaction value. Table of Contents: Access research repository of Upcoming Reports @ https://adroitmarketresearch.com/upcoming.html About Us: Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps. Contact Us:

Stax Investments

1 Investments

Stax has made 1 investments. Their latest investment was in CrediFi as part of their Series C on September 9, 2016.

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Stax Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

9/27/2016

Series C

CrediFi

$13M

Yes

7

Date

9/27/2016

Round

Series C

Company

CrediFi

Amount

$13M

New?

Yes

Co-Investors

Sources

7

Stax Portfolio Exits

1 Portfolio Exit

Stax has 1 portfolio exit. Their latest portfolio exit was CrediFi on January 22, 2020.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

1/22/2020

Asset Sale

$99M

1

Date

1/22/2020

Exit

Asset Sale

Companies

Valuation

$99M

Acquirer

Sources

1

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