In this piece, we will take a look at the five biggest payment companies in the world. For more companies, head on over to 15 Biggest Payment Companies in the World.
5. Fiserv, Inc. (NASDAQ:FISV)
Trailing Twelve Month Revenue: $17.7 billion
Fiserv, Inc. (NASDAQ:FISV) is a financial technology firm that enables its customers to accept and manage mobile payments, open accounts, and conduct card transactions.
Fiserv, Inc. (NASDAQ:FISV) is busy expanding its business, as the firm spent $1 billion on acquisitions in 2022 according to recent statements. Insider Monkey dug through 943 hedge fund portfolios for 2022’s December quarter to discover that 65 had bought the firm’s shares.
Fiserv, Inc. (NASDAQ:FISV)’s largest investor is Natixis Global Asset Management’s Harris Associates which owns 19.4 million shares that are worth $1.9 billion.
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4. Mastercard Incorporated (NYSE:MA)
Trailing Twelve Month Revenue: $22.2 billion
Mastercard Incorporated (NYSE:MA) is a transactions platform and products provider based in Purchase, New York. It offers debit and credit cards and the ability to digitally make payments.
Mastercard Incorporated (NYSE:MA) expanded its fraud detection platform in February 2023 when it partnered up with another firm to use a decision engine. By the end of last year’s fourth quarter, 139 of the 943 hedge funds polled by Insider Monkey had invested in the company.
Mastercard Incorporated (NYSE:MA)’s largest investor in our database is Charles Akre’s Akre Capital Management which owns 5.8 million shares that are worth $2 billion.
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3. PayPal Holdings, Inc. (NASDAQ:PYPL)
Trailing Twelve Month Revenue: $22.2 billion
PayPal Holdings, Inc. (NASDAQ:PYPL) is a financial services firm that works with both consumers and businesses for cross border payments and other products such as buy now, pay later. It is based in San Jose, California.
PayPal Holdings, Inc. (NASDAQ:PYPL) is currently facing the heat from investors as they want it to reject an offer by another company to buy less than 1% of its shares below market price. As of Q4 2022, 115 of the 943 hedge funds polled by Insider Monkey had held a stake in the firm.
PayPal Holdings, Inc. (NASDAQ:PYPL)’s largest investor is Ken Fisher’s Fisher Asset Management which owns 13 million shares that are worth $968 million.
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2. Visa Inc. (NYSE:V)
Trailing Twelve Month Revenue: $30.19 billion
Visa Inc. (NYSE:V) is a payments platform provider that offers point of sale transactions and other services. It is based in San Francisco, California.
Visa Inc. (NYSE:V) is expanding its U.S. operations as the firm announced in February 2023 that it will open a new office in Atlanta. 177 of the 943 hedge fund portfolios studied by Insider Monkey for last year’s December quarter had invested in the company.
Visa Inc. (NYSE:V)’s largest investor is Chris Hohn’s TCI Fund Management which owns 19.9 million shares that are worth $4.1 billion.
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1. American Express Company (NYSE:AXP)
Trailing Twelve Month Revenue: $52.6 billion
American Express Company (NYSE:AXP) is a diversified firm that offers travel services, insurance, payments processing, and credit and debit cards. It is based in New York, New York.
American Express Company (NYSE:AXP) is making big moves in Britain as the firm is using its financial heft to back small businesses. As of Q4 2022 end, 71 of the 943 hedge funds polled by Insider Monkey ha bought the firm’s shares.
Out of these, Warren Buffett’s Berkshire Hathaway is American Express Company (NYSE:AXP)’s largest investor. It owns 151 million shares that are worth $22 billion.
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Disclosure: None. You can also take a look at 10 Hot Healthcare Stocks To Buy Now and 15 Biggest European Pharmaceutical Companies.
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