9M'22 Highlights

PagoNxt revenue in 9M’22

€655mn

+75% vs 9M’21

€655mn

+75% vs 9M’21

Merchant acquiring

1.27 mn

+3% vs 9M’21 - Total active merchants

€117bn

+29% vs 9M’21 - Total Payments Volume

1.27 mn

+3% vs 9M’21 - Total active merchants

€117bn

+29% vs 9M’21 - Total Payments Volume

International Trade

>30 k

#Active customers OneTrade / Ebury

>30 k

#Active customers OneTrade / Ebury

About us

PagoNxt is a one of a kind paytech business providing customers with a one-stop shop for innovative payments and integrated solutions. 

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 of becoming the global leader in payments.

PagoNxt has become a standalone operation, with the best talent, processes, and corporate governance to provide the foundation stone for faster growth. The company has decision-making autonomy and a diverse talent pool with a strong tech focus, with 60% of the team coming from a tech background. We are investing to expand our payments offering, increase scale and enter high growth markets. PagoNxt achieved significant growth across all its markets in 2021 and 2022.

Strategic priorities

  • Scaling up our global, cloud-native, data-driven, secure and efficient platform. We operate a connected, real-time, flexible and highly scalable technology platform that is fully cloud and API-based to ensure access to PagoNxt's latest features through a single integration. We process and generate insights to help our customers and their businesses leverage the full power of data and make data-driven decisions.

  • Accelerating commercial growth by continuing to strengthen our commerce and international trade ecosystem, our offerings and our distribution through Santander's commercial reach.

  • Actively pursuing open market opportunities through direct commercialization and distribution partnerships, increasing our market penetration in Europe, North America and South America and extending our footprint in additional strategic regions. 

We address several high-growth and strategic business segments: 
 

  • Merchants: providing global and integrated acquiring, processing and value-added solutions for physical and e-commerce merchants of all sizes.  

  • International Trade: delivering specialized cross-border trading solutions – payments, FX, cash management, trade finance – for business customers, in a large and global addressable market yet to be fully digitalized.

     

  • Payments: providing wholesale account-to-account payments processing and instant connectivity to schemes in multiple geographies through a highly-scalable model.

  • Consumer: providing a financial marketplace for the economic inclusion of the underbanked and low-income population, with a focus on Latin America.

PagoNxt's technology platform and specialist teams serve the payments needs of Grupo Santander and additionally cater for open market opportunities beyond Santander's business.

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

PagoNxt continues to develop consumer solutions to tackle financial exclusion in Latin America, such as Superdigital, while supporting entrepreneurship through its 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.