As consumers and businesses alike seek more efficient, secure, and user-friendly ways to handle transactions, a new wave of innovative startups is reshaping the industry. These top mobile payments startups to watch are pioneering novel solutions that range from streamlined personal finance management to sophisticated corporate payment systems.
Top Payments Startups to Follow
Every year, new startups pull to the forefront of their industry through exciting innovation, tech, and industry-disrupting business models. We’ve rounded up the most exciting mobile payment startups of 2025 that startup-lovers, investors, and aspiring entrepreneurs should follow.
Disclaimer: With so many exciting payments startups launching and growing worldwide, we aren’t able to cover them all. Furthermore, the startups that are listed below are not officially ranked and are listed in no particular order.
1. Primer
- Location: London, England
- Founder(s): Gabriel Le Roux, Paul Anthony
- Founded In: 2020
- Funding: Series B, $75.6 Million
- Investors Include: Accel, ICONIQ Growth, Balderton Capital
Primer offers a payment infrastructure platform that allows businesses to accelerate growth though a unified payments structure. It enables companies to easily add, remove, and manage multiple payment methods, fraud tools, and other services without complex integrations. Primer’s no-code automation engine also allows businesses to create advanced payment flows and logic, streamlining their payment operations.
2. Eversend
- Location: Paris, France
- Founder(s): Stone Atwine, Ronald Kasendwa, Emma Smith
- Founded In: 2019
- Funding: Accelerator, $1.35 Million
- Investors Include: Google for Startups, Fast Track Capital, Atomico
Eversend provides a financial app that allows citizens to pay their bills, make money transfers, and exchange currencies. The app will also allow individuals to save their money as well as exchange it for different currencies. It’s a much cheaper alternative to most bank and wire transfers if you are sending money across country borders. Even if the recipient is not an Eversend user, you can still send money to mobile accounts like M-Pesa and Airtel Money.
3. Aeropay
- Location: Chicago, Illinois
- Founder(s): Daniel Muller
- Founded In: 2017
- Funding: Series B, $35 Million
- Investors Include: Chicago Ventures, If Then Ventures, Group 11
Paying with credit cards might be a convenient option, but the bigger problem is the processing fees. You may be hit by both the service provider and the credit card company, but Aeropay is looking to fix that problem altogether. Aeropay uses a system called Automatic Clearing House (ACH), which is the same system banks use to transfer money between each other. The app connects to your bank and is compatible with any retail store without taking out huge processing fees.
4. GloveBox
- Location: Denver, Colorado
- Founder(s): Ryan Mathisen, Sean Mulhern
- Founded In: 2018
- Funding: Series A, $11.5 Million
- Investors Include: Naples Technology Ventures, BIP Ventures, Mercato Partners
Focused primarily on insurance agents, GloveBox creates an easy way for agents to process direct billing and claims with insurance companies. The company also helps individuals store and save their policy documents and ID cards. The insurance industry makes it difficult to access personal information, but with GloveBox, that same information can always be accessed by individuals. The app does not intend to create a unified policyholder experience but to help existing companies save time and money.
5. Jassby
- Location: Nashua, New Hampshire
- Founder(s): Benjamin Nachman
- Founded In: 2017
- Funding: Series A, $16 Million
- Investors Include: Plug and Play Tech Center, Blumberg Capital, Florida Funders
Founded in 2017, Jassby is transforming the way parents teach their kids financial skills and responsibilities. The company originally started as a free app to manage chores and allowances for kids but has focused on financial education and money responsibility. The app allows kids to set up a completely virtual debit card they can use for online purchases and Apple Pay purchases. The app does require a monthly fee to use.
6. Paper.id
- Location: Jakarta, Indonesia
- Founder(s): Yosia Sugialam, Jeremy Limman
- Founded In: 2017
- Funding: Series B, $30.5 Million
- Investors Include: Golden Gate Ventures, Square Peg, Argor
Indonesia is a country developing its digital presence, and more than 55 million small- to medium-sized businesses are using traditional methods of payment. The Paper.id app will allow this segment of the industry to use business tools and invoicing tools with payment integrations. This will increase the efficiency of business operations and allow the economy to have better access to its own money.
7. Handle
- Location: San Francisco, California
- Founder(s): Patrick Hogan, Blake Robertson, Chris Woodard, Lucas Azevedo
- Founded In: 2018
- Funding: Series A, $19.6 Million
- Investors Include: American Express Ventures, Suffolk Technologies, Roosh Ventures
The construction industry doesn’t always benefit from the technology boom that other sectors of the economy enjoy. That is about to change with startup Handle, which looks to help contractors and suppliers have a better method to deal with late payments and obtain access to capital. The software innovates antiquated methods in the industry and updates them with automated processes for repetitive payment tasks.
8. Mesh Payments
- Location: New York, New York
- Founder(s): Oded Zehavi, Eran Katoni
- Founded In: 2018
- Funding: Series C, $123 Million
- Investors Include: Tiger Global Management, Meron Capital, Alpha Wave Global
Mesh Payments offers a corporate payments platform that helps businesses manage and optimize their spending and travel expenses. It offers virtual and physical cards, automated expense management, and real-time spend controls for employees. Mesh Payments integrates with various accounting and enterprise resource planning (ERP) systems, providing businesses with enhanced visibility and control over their corporate expenses.
9. KOHO
- Location: Toronto, Canada
- Founder(s): Daniel Eberhard, Jonathan Bixby, Joshua Bixby
- Founded In: 2014
- Funding: Series D, $549 Million
- Investors Include: Black Dragon Capital, BDC Capital, PROPELR Growth
KOHO is a fintech company that offers a reloadable Mastercard account and integrated app for spending, saving, and budgeting. It provides users with real-time insights into their spending habits, cash back rewards, and the ability to set financial goals. KOHO aims to provide a more transparent and user-friendly alternative to traditional banking services, particularly targeting younger consumers.
