Fintech companies headquartered in the ************* and ***** lead the ranking of the largest fintech companies worldwide by market capitalization. As of February 2025, the two largest companies were the payment companies Visa and Mastercard, both headquartered in the United States, with a market capitalization of roughly ***** and ***** billion U.S. dollars, respectively. Shopify ranked third, and Intuit ranked fourth with a market capitalization of *** billion U.S. dollars. European-headquartered fintechs, such as Adyen and Checkout.com, were also among the top fintech companies by market capitalization. United States: the land of unicorns The fintech sector is famous for being filled with successful companies that have turned into unicorns. The term unicorn refers to a privately held startup company that has a valuation that exceeds *** billion U.S. dollars. The United States had not only the largest fintech companies, but also the highest number of fintech unicorns. In addition, ***** out of the *** most valuable fintech unicorns were headquartered in the United States. Mobile payment trends and market penetration Mobile payment solutions are gaining traction globally, with some services showing strong regional preferences. Venmo, a U.S.-based digital wallet owned by PayPal, demonstrated an ***** percent year-on-year growth in total payment volume, reaching ** billion U.S. dollars in the first quarter of 2024. While Venmo's market share is highest in the United States, it has also gained significant traction in Latin America, with nearly **** percent of Venezuelan merchants integrating Venmo into their websites. This trend highlights the growing importance of mobile payment solutions in both developed and emerging markets.