EURONET BUYS PAYNOPAIN FOR SPAIN PUSH

Jordi Nebot Carda, founder and CEO of PaynoPain, has signed a definitive agreement to sell the Spanish fintech to Euronet Worldwide (NASDAQ: EEFT), the operator of one of the world's largest independent ATM networks.

Deal terms were not disclosed. Closing is expected in Q3 2026, subject to regulatory approvals.

What Euronet is buying is not just a payments company. PaynoPain holds a payment service provider licence authorised by the Bank of Spain, giving Euronet a regulatory foundation it did not previously have in the country.

The target serves e-commerce, hospitality, microfinance, and marketplace operators with omnichannel checkout and payment orchestration tools. Its client base runs from very small businesses through to large corporates.

Euronet plans to fold PaynoPain's technology into its own Ren payments platform and establish a dedicated Merchant Acquiring Centre of Excellence in Spain.

Nikos Fountas, EVP and CEO of Euronet's EFT division covering Europe, the Middle East, and the Americas, framed the deal as a targeted investment in a high-potential market, citing PaynoPain's agile payment solutions as a complement to Euronet's infrastructure across more than 200 countries.

Nebot Carda called the acquisition a transformative milestone, noting that Euronet's global network gives his team a path to scale that an independent Spanish fintech could not build alone.

The licence is the real asset. Building merchant acquiring in Spain without one means starting from a queue at the Bank of Spain that Euronet just skipped entirely.

Source: Crowdfund Insider