A lot of financial companies are not really in favor for many investors. Mostly because of all the hassle about interest rates, the European crisis and the rules of banking further tightened. For us it was enough reason to look a bit further into this sector. Soon we stumbled upon financial transaction companies. When everything goes digital, it’s no surprise that people tend to use their cards over cash when it comes down to payments. The last few years, non-cash transactions has grown an average 7 to 10%. In mature markets the market share is already at 73%, whereas there is still room to grow. But in emerging Asia, for example, the growth rate is an astonishing 20%.
There is a lot of upward potential in this market, but what about the businesses providing it?