Deal activity nearly quadrupled, from 63 deals completed in 2010, to 235 deals completed in 2015 year-to-date.
Traditional banks are under attack from a number of emerging specialist startups. Here are the fintech startups unbundling banking.
For the first time, funding to international payments startups has nearly drawn even with the amount going to US-based companies. Asia in particular is heating up.
Stripe is just one of three payments startups that has received financing from a smart money VC in 5 separate rounds.
Venture-backed payments startups are seeing more exits, with 11 in Q4'14 and 8 in Q1'15.
Hedge funds like Tiger Global and investment banks like Goldman Sachs are quickly warming to the payments industry. 2015 is on pace for record funding.
Top VCs have taken as many as five board seats at different payments startups.