The next evolutionary step in the effervescent ecosystem of payments

The growth and consolidation of SIPAY is the story of a professional arrow. José Luis Nevado already accumulated a long experience in business management in very different sectors when in the mid -2000s he decided to buy with a partner a pioneer company called Spec, responsible for the first active payment platform in the Spanish market. There was nothing vocational, only business vision, in the idea of ​​betting on a promising company in a sector full of future possibilities. In fact, “the initial intention was to put the company value and then sell it,” explains Nevado. But the business adventure was much more exciting than expected as the project charged a new dimension and became Sipay In 2012. “I realized that I liked the world of payments, I was passionate about the dynamism of the sector, the clients with whom I worked … In addition, I noticed that I was the same with the people we brought to the company: they came from the sector that came, all ended up delighted with what we did,” he says.

Today SIPAY is the reference of the sector in Spain, with more than 10,000 million euros processed every year and more than 250 million registered operations for more than a thousand customers, among which are giants as disparate as Aena, Endesa, Orange, Decathlon, Mango or Bonpreu. Figures that have been promoted with a solid technological lever that has allowed articulating a natural evolution towards transversality and comprehensive proposals. A differential value that allows them at the same time to offer digital and face -to -face payment solutions, acquirence and multi -acquiring services and collection management for electronic commerce platforms. «In payment we are able to process operations as an orchestra director who manages all instruments in a harmonious way does. And we have been growing in different aspects to have more product robustness and respond to what we thought the market was needing. For example, we have authorization from the Bank of Spain to act as a payment entity, ”explains the founder and CEO SPAY.

But the company’s proposal has continued to evolve in recent years “to attend to everything before and after payment.” Marketing solutions, loyalty, promotion, customer search, collection, generating Leads, Tax Free … «The goal is to make operational ones aimed at Improve the full purchase experience. Either through organic development or through acquisitions, that is where we are now, that it is where we see that the international market tends, ”argues Nevado.

With this positioning, the company has become a supplier with the capacity to become a comprehensive partner for the Horeca sector. «We seek to contribute to the client a solution all in one, and especially to the small client, to which he needs to be more efficient. On average, a small restaurant manages between four and nine technological suppliers. Trying to understand these processes is a lost time that is not contributed to customers, ”says Nevado, which points to the hotel sector as another great growth vector for its proposal.

The innovative muscle is key in this diversification commitment. «We start from the fact that the base, our business’ core, is the payment. There we are very expert and we have great customers. We process around Million operations per day. So our volume is large. And in very complex customers. We manage that complexity well. And we believe that all that ‘expertise’ has to take advantage to make products that you can climb and take many customers, ”defends Nevado. An innovative effort in which AI is also the protagonist. “We can contribute to the trade data on its volume of operations, schedules … algorithms that help improve the valley of a business and automate the processes,” explains the CEO of SIPAY.

In reinvention

Technologies to collect from the mobile, the invisible payments, the arrival of Bizum Pay, the gigantic business of cross -border rates … new trends make their way into a sector in permanent transformation in which SIPAY competes with global giants with a cross technology which democratizes the ecosystem. A renewed objective that revives the old idyll with a sector in continuous reinvention. «During the Covid and after losing Bankia I gave my downturn a bit and thought about retiring, but I managed to convince my older children to participate in the business, and that has stimulated me to continue making my way. We are the only Spanish company that continues in the system, there are other younger ones, but the others have disappeared or have been diluted or reabsorbing, or merging … and the truth is that I think what we do is differential, ”concludes Nevado on a professional arrow without expiration date in view.