Unveiling the Leading 100 Cross-Border Payment Firms of 2025
The Cross-Border Payments 100 list for 2025, compiled by FXC Intelligence, has recognised the leading companies in the global cross-border payments industry. This annual list, now in its seventh year, serves as a benchmark for the most important and innovative players in the sector.
Notable inclusions in the 2025 list are XTransfer, Mukuru, and Flutterwave. XTransfer, the world's leading and China’s No. 1 B2B cross-border trade payment platform, has been named one of the top 100 cross-border payments companies for 2025. The company won the "Best Payments and Collections Solution – Regional" award at The Asset Triple A Treasurise Awards 2025, highlighting its innovation and collaborative efforts in delivering secure and efficient payment solutions for SMEs worldwide.
Mukuru, a company known for its consistent performance, has been included in the FXC Intelligence Top 100 Cross-Border Payment Providers list for the sixth consecutive year. This recognition underscores its sustained position as a leading global player in the cross-border payments industry.
Flutterwave, Africa’s leading payment technology company, was also recognised again in the FXC Top 100 Cross-Border Payment Companies for the second consecutive year. This underscores the company’s global influence and innovation in payment technology.
These three companies are examples among the broader list of 100 top cross-border payments companies in 2025. The full list, which is published annually by FXC Intelligence, highlights companies excelling in innovation, service, and global reach in cross-border payments.
The Cross-Border Payments 100 list assesses the significance of cross-border payments within a company's business. Every company on the list is assessed against four areas: global significance, market or segment significance, cross-border payments' importance to the business, and growth. Companies that make the Cross-Border Payments 100 list have to fulfill a strict criteria and subsidiaries of companies are included in the parent company on the list, not listed separately.
The list includes companies from various sectors such as consumer money transfers, B2B payments, banking, ecommerce, payment processing, mobile payments, etc. Companies on the list do not have to have raised outside funds, but must have an established customer base. Cross-border payments must either be the primary activity or a substantial revenue line for companies on the list.
The Cross-Border Payments 100 is widely recognised as the definitive benchmark of the leading players in the industry. This year's list is being announced this Thursday. The Cross-Border Payments 100 list celebrates the most important cross-border payments players in the world.
- The significance of XTransfer in the global cross-border payments industry was further cemented, as they were named one of the top 100 cross-border payments companies for 2025, and they won the "Best Payments and Collections Solution – Regional" award at The Asset Triple A Treasurise Awards 2025.
- Flutterwave's global influence and innovation in payment technology was recognized again, as they were included in the FXC Top 100 Cross-Border Payment Companies for the second consecutive year, showcasing their continued dominance in the industry.