#payments-industry

#payments-industry

With relatively nascent industry players like Stripe and Block performing well - and showing their AI potential reflected in their valuations - the Index leaders cannot afford to drop off the pace. Payment companies - which move money around between banks, businesses, and consumers - run on technology. Evident's new industry ranking reveals how the companies we interact with every day are using AI, from deciding whether a transaction goes through to detecting fraud.

PayPal went public in 2002 and has been independent from eBay since 2015. Over the last five years, it has experienced an approximately 86% decline in share price, while Stripe, Adyen, Block, and Square have boomed. There is still a lot to play for here. PayPal is ranked 137 on the S&P 500 and it is in a strong market. The real-time payment transactions space grew to approximately $38.6 billion in 2025, with a 43% CAGR forecast from 2026-2030 and long-term projections of 3x volume growth between now and 2030.