Monavate keeps rising in the ranks: 2025 Nilson Report

We like to think the work we’re doing together represents more than just progress; it’s a glimpse of what should soon become the new minimum standard for the industry.

Being recognised among the world’s leading payments players is no small thing, especially in an industry where scale, trust and reliability are everything.

Great to see we’re in the 2025 Nilson Report survey.

Why the Nilson Report matters

For those deep in payments, the Nilson Report needs little introduction. For everyone else: it’s one of the most respected independent authorities on global payment systems, card issuing, and merchant acquiring. Its annual rankings are built on hard data, which considers transaction volumes, active cards and programme performance.

 

What this ranking reflects

Monavate has ranked alongside global payments brands. This is a strong signal of the platform’s scale and momentum.

 

More importantly, it reflects:

 

  • Sustained growth in issued general purpose cards


  • Operational resilience across issuing, processing, and settlement


  • Trust from fintech, Web3, travel, and enterprise partners building on Monavate’s infrastructure


Behind every card issued is complex orchestration. One where compliance, authorisation, clearing, and settlement are all working quietly in the background. This ranking acknowledges that Monavate doesn’t just launch programmes quickly; it helps them run reliably at scale.

 

Looking ahead

As the payments landscape continues to evolve, recognition like this reinforces Monavate’s role as a trusted infrastructure partner for companies building the next generation of financial products.

 

Thanks to our clients and partners who trust us with their programmes and to the teams behind the scenes who make the magic possible every day.

Read more about Monavate’s platform and approach at monavate.com.

Read the full report here

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