PaynoPain 2024: growth and international expansion
Let's talk?

PaynoPain in 2024: growth, innovation, and international expansion

07 January, 2025

Escrito por:PaynoPain
Cargo:Dep. Comunicación

2024 has been a year filled with growth, expansion, and key advancements for PaynoPain. As a result of each step we’ve taken, we’ve strengthened our position and brought our payment solutions closer to more customers. Now, with our sights set on 2025, let's take a look back at our year and outline our upcoming goals.

Over 2,000 clients trust our payment solutions

In terms of our client base, we’ve achieved a 30% increase compared to last year, surpassing 2,000 clients, including new e-commerce businesses, hotels, and SMEs that have already adopted our payment solutions. 

One of our most recent clients is CaixaGuissona, a financial institution of the bonÀrea Agrupa business group, with a strong presence in Guissona, Barcelona, Lleida, and Reus. Through this partnership, we will integrate technologies that promote digital payment solutions for SMEs and freelancers. To this end, we are offering various payment solutions, such as card terminal management, Tap to Pay technology, our online payment gateway, and Pay by Link.

Sustained growth in payment management

Since our foundation in 2011, PaynoPain’s growth has been remarkable. We’ve grown from managing €50 million to €900 million in 2024, representing an 18-fold increase in just 13 years. Currently, we manage an average of €75 million monthly and process over a million transactions each month. These achievements not only reinforce our market position but also highlight our commitment to operational efficiency and constant innovation.

International expansion: we’ve arrived in Portugal

One of our major focuses in 2024 has been international expansion. For this purpose, we’ve established a new subsidiary in Portugal, allowing us to solidify our presence in the Portuguese market. Through the acquisition of a client portfolio across various sectors in which we already have significant experience, such as tourism and e-commerce, we are addressing local needs with our payment solutions.

To adapt to the particularities of the Portuguese market, we have incorporated new payment methods such as MB Way and Multibanco, which offer Portuguese consumers more convenient options tailored to their preferences.

Global recognition: principal member of Visa and Mastercard

In 2024, we achieved a significant milestone: being recognised as principal members of Visa and Mastercard. This is an important achievement for PaynoPain, placing us among the few Spanish companies to attain this status. Furthermore, it consolidates our position as a leader in providing innovative financial services.

This recognition not only grants us greater operational autonomy but also enhances our ability to directly manage payment processing, meeting the stringent security, operational, and financial standards required by these global brands.

Continuous innovation: new version of Paylands

In our ongoing commitment to providing the best for our clients, we recently launched the new version of our payment platform. This revamped dashboard combines new features, an intuitive design, and the most advanced technologies, allowing merchants to manage their payments more efficiently, increase their operational capacity and enhance the customer experience.

Future plans: objectives for 2025

Looking ahead to 2025, we plan to further strengthen our presence in Portugal with the opening of an office in Lisbon and expand into new markets, such as Romania. Additionally, we aim to double the volume of transactions we manage in Spain, targeting a 50% growth in the next five years. To achieve this, we will strengthen our team and continue driving innovation to lead the transformation of digital payments.

Somos una fintech española que nace en 2011 con el objetivo de dar cobertura de pagos a escala global y que actualmente contamos con proyectos tecnológicos en más de 30 países alrededor del mundo.