Amplify Digital Payments ETF
IPAY
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 3333 Warrenville Road Lisle IL United States of America 60532
- IPO Date
- Jul 16, 2015
- CIK
- 0001467831
- Website
- amplifyetfs.com
- Similar Companies
- Business
- Amplify Digital Payments ETF (IPAY) is an exchange-traded fund that seeks investment results corresponding to the total return performance, before fees and expenses, of the Nasdaq CTA Global Digital Payments Index. The ETF provides investors with exposure to global companies engaged in diverse payment-related products and services, including card networks such as Visa Inc. and Mastercard Inc.; payment processors like Global Payments Inc. and Fidelity National Information Services Inc.; digital wallets and fintech solutions from PayPal Holdings Inc., Affirm Holdings Inc., and Coinbase Global Inc.; infrastructure and software providers including Adyen NV and Corpay Inc.; and other mobile payment innovators. Launched on July 15, 2015, and listed on NYSE Arca, IPAY employs a passive, full-replication strategy, investing at least 80% of its net assets in securities comprising the index, which is rebalanced quarterly using a thematic market-cap weighting methodology; the fund maintains approximately 40 holdings with a net expense ratio of 0.75%. Amplify Investments LLC serves as the investment adviser, with Penserra Capital Management LLC acting as sub-adviser, and the ETF is part of Amplify ETFs' broader lineup of over 30 index-based and actively managed funds sponsored by the Chicago-area firm headquartered in Lisle, Illinois, which was founded in 2015 and manages more than $16.6 billion in assets as of late 2025. In recent developments, Amplify ETFs highlighted IPAY in November 2025 as a key thematic strategy amid AI-driven transformations in holiday shopping and digital transactions, underscoring its role in capturing growth from contactless payments and e-commerce surges expected to exceed $14 billion on Cyber Monday alone; the firm also completed a major acquisition in January 2024, expanding its portfolio to $9.1 billion in assets under management across 31 ETFs, enhancing its scale in innovative investment solutions. IPAY targets institutional and retail investors seeking diversified access to the burgeoning global digital payments industry, projected to grow from $3.84 trillion in 2024 to $27.81 trillion by 2032 at a 28.1% CAGR, with operations focused on developed and emerging markets worldwide through its multinational holdings.