Split Payments for Collaborations Global Market Report 2025

The split payments for collaborations market size have grown exponentially in recent years. It will grow from $1.67 billion in 2024 to $2.03 billion in 2025 at a compound annual growth rate (CAGR) of 21.5%. The growth in the historic period is linked to increasing adoption of digital payment solutions, growing demand for flexible payment options, the rise of collaborative business models, the expansion of e-commerce platforms, and the increasing prevalence of gig economy and freelance work.

The split payments for collaborations market size are expected to see exponential growth in the next few years. It will grow to $4.37 billion in 2029 at a compound annual growth rate (CAGR) of 21.1%. The growth in the forecast period is expected to result from rising need for efficient revenue-sharing solutions, growing preference for automated financial workflows, increasing demand for transparent payment processes, the expansion of the influencer and creator economy, and rising adoption of cloud-based payment platforms. Major trends in the forecast period include advancements in payment automation technologies, innovations in revenue-sharing algorithms, developments in cross-platform payment integrations, progress in blockchain-based transparent transactions, and the emergence of AI-driven financial management tools.

The growing adoption of Industry 4.0 and digital transformation is expected to drive the growth of the split payments for collaborations market. Industry 4.0 and digital transformation involve integrating advanced digital technologies such as automation, artificial intelligence, cloud computing, and the Internet of Things into manufacturing processes to create smart, connected production systems. The adoption of Industry 4.0 and digital transformation is increasing due to the rising need for automation and real-time data analytics to enhance operational efficiency. Split payments for collaborations support digital transformation by enabling seamless, transparent, and performance-based financial flows among multiple partners, fostering trust, agility, and efficiency across interconnected ecosystems. For instance, in June 2025, Arvato Ltd., a Germany-based company providing digital solutions, reported that 56% of UK government organizations were leading enterprise-wide digital transformation initiatives, up from 51% the previous year. Therefore, the growing adoption of Industry 4.0 and digital transformation is driving the growth of the split payments for collaborations market.

Key companies in the split payments for collaborations market are focusing on technological innovations, such as decoupled pay-ins and payouts. Decoupled pay-ins and payouts refer to a payment architecture that separates the processes of receiving funds (pay-ins) and distributing funds (payouts) within a transaction flow. For example, in April 2024, Nuvei Corporation, a Canada-based financial technology company specializing in payment processing solutions, introduced a new split payments functionality within its Nuvei for Platforms offering. This feature enables platforms to automatically divide transactions between multiple parties, such as allocating commissions to platforms and payouts to sellers, while ensuring compliance with regulatory frameworks such as PSD2. The enhancement also incorporates decoupled pay-ins and payouts, offering greater flexibility in managing fund flows, optimizing settlement timing, and simplifying complex multi-party payment operations, thereby improving efficiency and transparency for digital marketplaces and platforms.

In September 2025, Hands In, a UK-based provider of digital split payment solutions, partnered with Asia Pay to expand split payment solutions across the Asia-Pacific region. This partnership aims to enable merchants to offer seamless split payments, allowing transactions to be divided across multiple cards or among multiple parties in real time. Asia Pay, a Hong Kong-based payment gateway and financial technology provider, offers secure, multi-channel payment processing solutions. Through this collaboration, Asia Pay now supports advanced split payment functionality for its merchant network.

Major players in the split payments for collaborations market are PayPal Holdings Inc., Revolut Ltd., Adyen N.V., Wise plc, Bill Holdings Inc., Monzo Bank Ltd., Paytm, Square, N26 AG, Stax Payments LLC, Splitwise Inc., Tricount SA, Settle Up Labs s.r.o., Mozaic Finance Inc., Fondy Ltd., Divvy Pay Inc., Chipp Group Inc., Cino Group Ltd., Splittr GmbH, CollabPay Ltd.

North America was the largest region in the split payments for collaborations market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in split payments for collaborations report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the split payments for collaborations market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the financial sector, particularly in investment strategies and risk management. Heightened tariffs have fueled market volatility, prompting cautious behavior among institutional investors and increasing demand for hedging instruments. Banks and asset managers are facing higher costs associated with cross-border transactions, as tariffs disrupt global supply chains and dampen corporate earnings, key drivers of equity market performance. Insurance companies, meanwhile, are grappling with increased claims risks tied to supply chain disruptions and trade-related business losses. Additionally, reduced consumer spending and weakened export demand are constraining credit growth and investment appetite. The sector must now prioritize diversification, digital transformation, and robust scenario planning to navigate the heightened economic uncertainty and protect profitability.

The split payments for collaborations market research report is one of a series of new reports that provides split payments for collaborations market statistics, including split payments for collaborations industry global market size, regional shares, competitors with a split payments for collaborations market share, detailed split payments for collaborations market segments, market trends and opportunities, and any further data you may need to thrive in the split payments for collaborations industry. This split payments for collaborations market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Split payments for collaborations refer to a digital financial solution that automatically divides and distributes payments among multiple contributors involved in a joint project or partnership. It ensures transparent, accurate, and timely allocation of funds without requiring manual handling. By using advanced payment technologies and integration tools, it streamlines revenue sharing, improves financial management, and supports smoother collaborative operations.

The primary components of split payments for collaborations are software and services. Split payments for collaborations represent a technological framework that enables multiple parties to share, divide, and process payments seamlessly within joint transactions or collaborative projects. The deployment modes include cloud-based and on-premises options, serving both small and medium enterprises as well as large enterprises. The various applications include freelancers, agencies, influencers, content creators, and musicians. The primary end-users include media and entertainment, marketing and advertising, music and entertainment, e-commerce, and other industries.

The split payments for collaborations market consists of revenues earned by entities by providing services such as payment integration services, transaction analytics services, compliance and fraud monitoring services, customization and API development services and technical support and maintenance services. The market value includes the value of related goods sold by the service provider or included within the service offering. The split payments for collaborations market also includes sales of automated payout platforms, digital wallet solutions, revenue management software, smart contract payment systems and payment reconciliation tools. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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