Iberpay News
Iberpay news
April 25 2025
Iberpay General Shareholders’ Meeting 2025
On April 24 Iberpay held its General Shareholders’ Meeting, a key annual event for the company and its shareholders. The meeting was presented with a review of the year, including some particularly significant advances in the payments field, and the 2024 Annual Report on the year’s highlights.
Review of the year 2024
At Iberpay, 2024 was a year of sustained growth, robust operating performance and strategic transformation. In a demanding environment for the banking sector, the company solidified its place as the key payment infrastructure for the Spanish financial system and a driver of innovation in the European payments industry. Activity was sharply up. The company processed over 3,185 million transactions worth €2.8 trillion, reflecting both the dynamic market and Iberpay's fleet-footed response to demands for digitisation, efficiency and resilience.
A key milestone was the rise of instant payments, now used for more than 60% of all payments in Spain, confirming the country as a European leader in the field. The development of services like Valitic, which expanded its business by 75.5%, underline the growing need and demand for digital solutions that can respond with agility, security and precision to the new demands of users and the challenges of a fast-transforming payments sector. All this progress was anchored on the robustness of our CICLOM technology platform. It ran all year at maximum availability – 100% for SEPA services and 99.999% for sector services – with no incidents worth mentioning.
Progress on the new Payments Sector Strategic Plan 2024-2025 and pioneering solutions like Request to Pay, the Payguard anti-fraud service and One-Leg-Out international payments, position Iberpay as a leader in the European payments system, ready to meet current and future challenges and opportunities.
Sector Strategic Plan 2024-2025
Building on the success of the last plan, which focused on transforming the company and launching new services, the new strategic cycle, embodied in the Payments Sector Strategic Plan 2024-2025, looks to a wider horizon of strengthened cross-sector cooperation with all actors in the payments ecosystem: banks, industry bodies, regulators, institutions, suppliers and users. This open collaborative approach will supercharge the Plan’s transformational impact so we can move forward together toward a more digital, efficient and resilient payments model that aligns with European and global goals.
The strategy will be implemented as six ambitious sector plans, each targeting a key challenge for the industry: the massification of instant payments, the rise of Request to Pay, the fight against fraud, improved One-Leg-Out cross-border payments, the development of Valitic and digitisation of legacy payment instruments. These sector plans come with a set of strategic initiatives to drive innovation, growth, operational resilience, sustainability, talent and internal transformation. The Plan acts as a common road map and motivating force, directing the drive toward Iberpay's 2030 Strategic Vision for its four business lines: Payments, Services, Cash and Consultancy.
Governance and sector collaboration
In 2024, Iberpay bolstered its model of cross-sector collaboration by bringing in five new shareholders, Unicaja, Abanca, Laboral Kutxa, EVO Banco and Inversis, raising its number of partners to 18. This expansion, plus the inclusion of 12 new participants from 10 different European countries, establishes Iberpay as one of the most representative and robust payment infrastructures in Europe. Sustained growth reflects industry confidence in the company and its ability to lead a secure and efficient digital transformation of payment services, adding value for financial institutions, the economy and the general public.
The Annual Report 2024 sets out the year's highlights: progress on strategic plans, business performance, financial results, new regulatory issues and major international projects in the payments sector. Iberpay has again shown its ability to think a step ahead and its commitment to serving the sector. All of which has been made possible by the commitment of its team, the support of its governance bodies and shareholders, and the shared road map that lays out an ambitious path to meet the challenges of the future.
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