Q1'22 Highlights

PagoNxt revenue in Q1’22

€162mn

+122% vs Q1’21

€162mn

+122% vs Q1’21

Merchant acquiring

6

Santander banks with Getnet

6

Santander banks with Getnet

1.24 mn

+7% vs Q1’21 - Total active merchants

€34.1bn

+40% vs Q1’21 - Total Payments Volume

1.24 mn

+7% vs Q1’21 - Total active merchants

€34.1bn

+40% vs Q1’21 - Total Payments Volume

International Trade

8

Santander banks with One Trade

8

Santander banks with One Trade

c.8 k

#Active customers OneTrade

>15 k

#Active customers Ebury

c.8 k

#Active customers OneTrade

>15 k

#Active customers Ebury

About us

PagoNxt is our common tech backbone for payments of Santander customers and open market. PagoNxt become a one-stop-shop that provides all payment needs for merchants, SMEs, corporates, and consumers. We are investing in world-class technology and hiring top payments talent to continue to innovate and launch new products that matter.

What is PagoNxt?

Our history

PagoNxt was created at the end of 2020 as a global payments platform to bring Santander Group’s most innovative payment assets under one roof and build on the established Getnet franchise, with the aim to achieve a global leadership position in payments.

PagoNxt has become a standalone operation, with the talent, processes, and corporate governance that provide the necessary base for faster growth. The company has autonomous decision-making processes and counts on a diverse talent pool with a strong technological focus, where 60% of resources have technology backgrounds. We are investing to expand our payments offering, increase scale and enter high growth markets.

PagoNxt achieved significant growth across markets in 2021.

Strategic priorities

  • Continuing to expand our global platforms
  • Consolidating our retail leadership positions with Getnet
  • Deploying One Trade's international payments services
  • Implementing the instant functionality of Payments Hub in various markets
  • And continuing the gradual migration of our global payments services and financial inclusion platform of Superdigital in Latin America.

Building a more responsible bank by embedding ESG in our strategic priorities

In 2021, PagoNxt continued to develop consumer solutions, such as Superdigital, to tackle financial exclusion in Latin America, while supporting entrepreneurship with solutions for merchants, such as Getnet.

 

Javier San Félix

CEO of PagoNxt

No results found

Non-IFRS and alternative performance measures 

In addition to the financial information prepared in accordance with International Financial Reporting Standards (“IFRS”) and derived from our financial statements, the information above contains certain financial measures that may constitute alternative performance measures (“APMs”) as defined in the Guidelines on Alternative Performance Measures issued by the European Securities and Markets Authority (ESMA) on 5 October 2015 (ESMA/2015/1415en) and other non-IFRS measures (“Non-IFRS Measures”). Such APMs and non-IFRS measures have been calculated using the financial information from Santander Group but are not defined or detailed in the applicable financial reporting framework and have neither been audited nor reviewed by our auditors. While we believe that these APMs and non-IFRS measures are useful in evaluating our business, this information should be considered as supplemental in nature and is not meant as a substitute of IFRS measures. In addition, other companies, including companies in our industry, may calculate or use such measures differently, which reduces their usefulness as comparative measures.  For further details of the APMs and Non-IFRS Measures used by Banco Santander, S.A. (Banco Santander), as the parent company of Santander Group, including its definition or a reconciliation between any applicable management indicators and the financial data presented in the consolidated financial statements prepared under IFRS, please see the Banco Santander´s most recent Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission, as well as the section “Alternative performance measures” of the annex to Banco Santander´s most recent quarterly Financial Report. These documents are available on Banco Santander’s website (www.santander.com). 

The businesses included in each of the Santander Group primary segments and the accounting principles under which their results are presented in such documents may differ from the businesses included and accounting principles applied in the financial information separately prepared and disclosed by its subsidiaries (some of which are publicly listed) which in name or geographical description may seem to correspond to the business areas covered in such Santander Group documentation. Accordingly, the results of operations and trends shown for the Santander Group´s business areas may differ materially from those of such subsidiaries.