Online B2B Payment Platforms sector
Strategic acquirers, private equity (buyout funds and growth funds) firms, and valuation benchmarks for Online B2B Payment Platforms
1.1 - About Online B2B Payment Platforms sector
Companies in Online B2B Payment Platforms enable businesses to accept, send, and reconcile digital payments across web, mobile, and embedded workflows. They provide secure processing for cards, ACH, wires, and real‑time rails, plus invoicing, settlement, and compliance. Their value lies in reducing friction in B2B checkout and billing, accelerating collections, and standardizing payment operations for domestic and cross‑border transactions.
Offerings typically include payment gateways and B2B checkout, invoicing and recurring billing engines, ACH and wire initiation, multi‑currency settlement with embedded FX, and API‑based payment orchestration to route transactions across processors. Vendors also provide tokenization and vaulting, fraud detection and chargeback management, KYB onboarding and compliance, and deep integrations with ERP and accounting systems to enable automated reconciliation, payout scheduling, and detailed transaction reporting.
These companies serve B2B eCommerce merchants, SaaS platforms embedding payments, and marketplaces handling buyer‑supplier flows. Outcomes include faster invoice-to-cash cycles, reduced payment costs through optimized rails, lower fraud and chargebacks, and improved cash visibility via real‑time reconciliation dashboards. They also support global expansion by handling cross‑border compliance and multi‑currency settlement while integrating payment data with finance systems for audit readiness.
2. Buyers in the Online B2B Payment Platforms sector
2.1 Top strategic acquirers of Online B2B Payment Platforms companies
Stripe
- Description: Provider of payment-processing software and APIs that enable e-commerce websites and mobile apps to accept and manage online transactions, supported by a suite of financial services products; the Irish-American company is dual-headquartered in South San Francisco, California and Dublin, Ireland.
- Key Products:
- Global Payouts: Enables businesses to securely send money to third parties worldwide, simplifying funding, storing, and paying out in multiple currencies from one dashboard
- Stripe Tax: All-in-one global tax compliance tool that now provides international registration, filing, tax calculation, and collection to streamline cross-border sales
- Payments Intelligence Suite: AI-powered toolkit that makes hundreds of real-time decisions to optimize authorization rates and maximize merchant profits with no additional effort
- Stablecoin Financial Accounts: Offers dollar-denominated stablecoin balances in 101 countries, letting businesses store and move funds across crypto and traditional rails directly from the Stripe Dashboard.
- Company type: Private company
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2.2 - Strategic buyer groups for Online B2B Payment Platforms sector
M&A buyer group 1: Invoice Payments
Billtrust
- Type: N/A
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- Description: Provider of accounts receivable automation solutions offering flexible invoicing options such as self-service portals and AP provider integrations within a unified AR platform that reduces manual work, accelerates payments and enhances customer experience.
- Key Products:
- B2B eCommerce Platform: Provides self-service webstore and mobile app with AI product recommendations, real-time inventory, customer-specific pricing, product filtering and one-page checkout to drive online B2B sales
- B2B Payment Processing: Flexible payment solutions that let customers use diverse payment methods, accelerating collections and improving cash flow
- Automated Invoicing Software: Automates invoice creation and delivery to eliminate errors and ensure timely, accurate billing for faster receivables
- AI-Powered Cash Application Software: Uses artificial intelligence to match payments precisely, reducing errors and manual effort in cash application processes.
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●● companies3. Investors and private equity firms in Online B2B Payment Platforms sector
3.1 - Buyout funds in the Online B2B Payment Platforms sector
2.2 - Strategic buyer groups for Online B2B Payment Platforms sector
4 - Top valuation comps for Online B2B Payment Platforms companies
4.2 - Public trading comparable groups for Online B2B Payment Platforms sector
Valuation benchmark group 1: B2B Payments Automation Companies
WEX
- Enterprise value: $●●●m
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- Description: Provider of corporate payment solutions and fleet management services, offering fuel cards, data and telematics services, and virtual payment solutions to streamline business operations and manage expenses for commercial and government fleets worldwide.
- Key Products:
- Fleet Fuel Cards: Fuel management and payment cards for commercial fleets
- Virtual Payments: Payment solutions for travel agencies and cross-border transactions
- Telematics Services: Data and telematics offerings for fleet management
- Health Benefits Administration: Plan administration services for consumer-directed health benefits
- Analytics Solutions: Expense and capital management tools for fleets.