In a notable display of market leadership, UK-based international payments specialist Privalgo expanded its operations in 2024, processing payments to 95 countries and recording a 68% year-over-year increase in payment volume. This growth significantly outpaces the overall UK FX industry’s 14% rise, underlining the increasing demand for Privalgo’s efficient cross-border foreign exchange and payment solutions.
As businesses plan their financial goals for 2025, Privalgo is enhancing its market position by investing in next-generation payment technology, a timely innovation amid the UK financial sector’s growing adoption of real-time payments.
CEO of Privalgo, Dan Biggs, commented, “This significant growth in payment volumes reflects our unwavering commitment to exceptional service, transparency, and value for our clients. With a 68% year-on-year increase in volumes and payments to 95 countries worldwide, we’re helping businesses of all sizes manage their international payments with confidence, backed by our dedicated team of specialists and personalised support at every step.”
The company’s expansion aligns with the evolving landscape outlined in the UK Payment Markets 2024 report, which highlights increasing demand for scalable payment solutions. This growth positions Privalgo as a key player in supporting businesses with their 2025 financial objectives and international expansion plans.
Privalgo is a leading international payment and foreign exchange (FX) company that specialises in providing businesses with efficient and cost-effective foreign exchange and international payment solutions. With access to over 140 currencies and the ability to facilitate high-speed transactions to more than 180 countries, Privalgo empowers clients to navigate the complexities of international finance seamlessly.
