PagoFX: Launches international money transfer service in Spain

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Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.
  • PagoFX is a fintech startup with more than 70 employees based in Madrid, London and Brussels
  • Launches fast, secure and low-cost international money transfer service in Spain
  • The service is open for everyone no matter who the user banks with
  • Spain is the third market with PagoFX after launches in the UK and Belgium earlier this year
  • PagoFX is a part of PagoNxt, a new autonomous business created by Banco Santander to bring together its most disruptive payments businesses
  • Due to the pandemic and travel restrictions, PagoFX is helping Spanish residents with a no-fee programme
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