Last week, CFSI and Core published the 2012 market sizing report for companies serving the Emerging Middle Class. $89B across five categories of products during 2012. In an effort to make the landscape more concrete, our venture associate, Victoria Cheng, helped create several industry maps. Here’s the first one: The Payment Map. This is an incomplete list of the principal and up-and-coming movers and shakers in payments for the underbanked, or the Emerging Middle Class.
Who’s on it? First Data, FIS, Rev, Cirrus, Green Dot, Western Union, Experian, PayPerks, Google, Square, Achieve, BankingUp, Card.com, RushCard, Wipit, Bancomer, iSend, Quippi, Remitly, Ripple Labs, MoneyGram, Unidos, PreCash, TIO Networks, 7 Eleven, Fuze Network, PayNearMe, Ace Cash Express, Certegy, InGo, Mitek, Chase, MetaBank and many others.