expands to Southern Europe

Cloud payment provider has announced the launch of its Barcelona office which will serve as headquarters for operations across Southern Europe, including Spain, Portugal, Italy, and Greece.

The company said that the global coronavirus crisis has accelerated the adoption of e-commerce across the region. already serves as the payment provider for several leading e-commerce businesses in Europe, including Mango, Farfetch, Glovo, and Klarna.

It said that while Southern European countries are seeing eased restrictions, e-commerce adoption is expected to continue accelerating, with growth projected at 17 per cent to 153 million customers in the next three years.

According to, Spain is anticipated to have the highest growth rate, with 35 million customers turning to online services by 2024, representing a 25 per cent increase.

“We’ve witnessed explosive growth across the region, with more merchants investing in their e-commerce strategies to serve an emerging online market segment,” said Antoine Nougué, head of Europe at “The localisation of our proposition to the market removes payments as a barrier to scale for fast-growing online businesses, allowing them to unlock more revenue opportunities and serve customers a frictionless checkout experience.”

    Share Story:

Recent Stories

New Business Frontiers
FStech’s Mark Evans discusses the future of financial services with Liu Jianning of Huawei, covering the limitations that current thinking can impose, how financial institutions can embrace technology to be both agile and resilient, and making space for the organisation to focus on the job of creating innovative business models and on delivering business value for their customers.

The Future of Intelligent Finance
FStech Group Editor Mark Evans sits down with Jason Cao, President of Global Financial Services Business Unit, Enterprise BG at Huawei ahead of its Intelligent Finance Summit which was held on 3rd and 4th of June in Shanghai. This Q&A delves into key trends in digital transformation of the financial services industry as well as a look at how data, robotic infrastructure, intelligent storage and innovative technologies are shaping the future for FSIs.

The Rise of Instant Payments
Instant payments are creating new business opportunities for banks by providing more touchpoints than ever. With these evolutions underway, Featurespace brought leading industry experts together to discuss how they are protecting customers from fraudsters in real time, utilizing innovative and disruptive solutions to reduce fraud. Click here to find out more.