Meet Volt, the London fintech taking on Visa and Mastercard’s duopoly Fintech For six decades, the global payments industry has been dominated by Visa and Mastercard. In the UK, the two firms had 99 per cent market share of UK debit and credit card payments in 2021.
Wise: London darling feels benefit of higher interest rates on bottom line Business Cross-border volumes for all customers rose 14 per cent to over £30bn with "strong growth" in the smaller personal volume.