Total payments industry venture financing deals in Q4 2019 worth $2.51bn were announced globally, according to GlobalData’s deals database.
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The value marked an increase of 29.6% over the previous quarter and a rise of 78.3% when compared with the last four-quarter average, which stood at $1.43bn.
Comparing deals value in different regions of the globe, Asia-Pacific held the top position, with total announced deals in the period worth $1.75bn. At the country level, India topped the list in terms of deal value at $1.67bn.
In terms of volumes, North America emerged as the top region for payments industry venture financing deals globally, followed by Europe and then Asia-Pacific.
The top country in terms of venture financing deals activity in Q4 2019 was the US with 13 deals, followed by the UK with six and South Africa with two.
In 2019, as of the end of Q4 2019, payments venture financing deals worth $7.26bn were announced globally, marking a decrease of 56.7% year on year.
Payments industry venture financing deals in Q4 2019: Top deals
The top five payments industry venture financing deals accounted for 81.3% of the overall value during Q4 2019.
The combined value of the top five payments venture financing deals stood at $2.04bn, against the overall value of $2.51bn recorded for the month.
The top five payments industry deals of Q4 2019 tracked by GlobalData were:
1) Ant Financial Services Group, D1 Capital Partners, Discovery Capital Management, SoftBank Vision Fund and T Rowe Price Associates’ $1bn venture financing of One97 Communications
2) The $668.44m venture financing of One97 Communications by Alipay.com, SoftBank Vision Fund and T. Rowe Price Group
3) Latin America innovation fund and Tencent Holdings’ $150m venture financing of Bancar Tecnologia SAU
4) The $120m venture financing of O-Play Digital Services by Bai, Gaorong Capital, GSR Ventures Management, IDG Capital, Longzhu Capital, Redpoint Ventures China, Sequoia China Fund, SoftBank Ventures Asia and Source Code Capital
5) Coatue Management, Entree Capital, General Catalyst Partners, Oak HC/FT Partners, Stripes Group, Target Global and Tiger Global Management’s venture financing of CashDash for $100m.
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.