I-TRANSFER GLOBAL PAYMENTS EP SA

What I-TRANSFER GLOBAL PAYMENTS EP SA does

I-TRANSFER GLOBAL PAYMENTS EP SA, operating under the i-transfer brand, is a privately held Spanish payment institution (Sociedad Anónima) founded in Madrid in 2007 and licensed by Banco de España under Payment Institution License No. 6828. The company specializes in international consumer money remittances, serving diaspora and expatriate worker populations in Europe — primarily in Spain, Italy, and Germany — who send funds to family members in Latin America, Africa, Asia, and other regions. Its core product, GiroDirecto, is a 100% online remittance service accessible via web platform and the Itransfer mobile application on iOS and Android, allowing users to register, calculate transfer amounts, and execute transfers with delivery in under 24 hours; payment can be made via bank transfer or credit/debit card. The service is complemented by a physical network of authorized agents and owned offices in Spain (headquarters), Italy (branch), and Germany (own office) for cash-based operations where needed.

The company monetizes through transaction fees and foreign exchange margins, with pricing varying by destination country — some corridors offer free or discounted transfers. Payout coverage spans 70+ countries across Europe, the Americas, Africa, and Asia, supported by a correspondent network. Distribution is hybrid: digital self-service channels (multilingual website in Spanish, English, French, German, and Italian; mobile app) handle origination, while agent and own-office networks handle cash collection and payout in destination markets. The company is GDPR-compliant, holds no disclosed funding from external investors, and operates with approximately 45 employees under a management-controlled ownership structure. There is no disclosed management team, no M&A activity, no patents, no AI/ML capabilities, and no disclosed revenue, transaction volume, or valuation metrics.

Name

I-TRANSFER GLOBAL PAYMENTS EP SA

Legal name

I Transfer Global Payments EP S.A.

Website

https://online.i-transfer.es

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

11–50 employees

Short description

I-TRANSFER GLOBAL PAYMENTS EP SA is a privately held, Banco de España-licensed Spanish payment institution founded in 2007 that operates the i-transfer / GiroDirecto consumer remittance platform, serving diaspora communities in Spain, Italy, and Germany sending money to family in 70+ countries.

Ownership category

akta.pro rank

Product category

International Money Remittance

akta.pro primary industry

Cross-Border & FX Payments Platforms (BPAMAFAK)

akta.pro secondary industries

Cross-Border Collections & Local Receiving (Pay-ins) (FSAMAIAI), Multi-Currency Accounts, Wallets & IBAN Services (FSAMAIAG)

Keywords

• International money transfer
• Online remittance service
• Cross-border payments
• Diaspora money remittance
• Mobile money transfer

Headquarters

HQ city

Madrid

HQ country

Spain

HQ region

Europe

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Money Transfer Fees: Commission fees charged on international money transfers. Depending on the destination country, transfers may be free or discounted. Revenue generated through transaction fees and exchange rate margins.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

I-TRANSFER GLOBAL PAYMENTS EP SA is a Spanish payment institution licensed by Banco de España (License No. 6828) that provides international money remittance services through its GiroDirecto platform. Customers can send money online 24/7 from a computer, tablet, or mobile phone to recipients in 70+ countries across Europe, the Americas, Africa, and Asia, with funds typically delivered in less than 24 hours. Payments are funded via bank transfer or credit/debit card, and recipients are paid out through a global network of authorized agents and correspondent partners.

Product overview

I-TRANSFER GLOBAL PAYMENTS EP SA offers a remittance/money transfer service under its core product called GiroDirecto. The company operates as a 100% online service allowing users to send money internationally via computer, tablet, or mobile phone with delivery in less than 24 hours. The service is complemented by the Itransfer mobile application available on iOS and Android. The company holds a payment institution license from the Bank of Spain (License 6828) and operates branches in Spain (headquarters), Italy, and Germany, with a network of authorized agents serving various countries across Europe, Americas, Africa, and Asia.

Differentiator

Problem solved

Functional benefit

Brands

• GiroDirecto: Direct money transfer service allowing customers to send money to recipients with delivery in less than 24 hours.

Products and services

• GiroDirecto

Quantifiable outcome

• Money delivered in less than 24 hours

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• RS Servicios JurídicosminorOthersGDPR compliance certification provider. The company displays the GDPR compliance seal guaranteed by RS Servicios Jurídicos on their website.

Scale indicators4 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Remitly: NASDAQ-listed digital-first remittance company with a strong focus on Europe–LatAm corridors. Directly competes with I-Transfer in the Spain/Italy diaspora-to-Latin America and Africa segments.
• Xoom (PayPal): PayPal-owned digital money transfer service sending from the US, UK, Canada, and EU to 130+ countries. Direct competitor in the digital remittance category serving diaspora populations.
• Western Union: The world's largest money transfer operator, serving 200+ countries via a hybrid agent + digital model. Directly comparable to I-Transfer as a cross-border consumer remittance provider serving diaspora corridors in Europe.
• WorldRemit: Digital cross-border money transfer service operating across 130+ countries. Directly comparable as a mobile-first remittance operator competing for the same European diaspora customers.
• Small World Money Transfer: Spanish-headquartered European remittance specialist operating from Spain with strong LatAm and African corridors. Among the closest direct comparables in terms of size, geography, and customer base.
• Wise (TransferWise): Publicly listed UK-headquartered cross-border payments platform offering mid-market FX and multi-currency accounts. Comparable as a regulated digital cross-border payments operator with EU passporting.
• Moneytrans: Belgium-based remittance payment institution focused on African and Latin American corridors from Europe. Comparable size and regulatory profile to I-Transfer as a small European licensed payment institution.
• MoneyGram: Global cross-border P2P payments and money transfer company operating in 200+ countries with both agent-based and digital rails. Direct competitor in the same consumer remittance category as I-Transfer.
• Ria Money Transfer: US-based money transfer company owned by Euronet Worldwide, operating a large agent network alongside digital channels. Comparable hybrid agent + online model with similar corridor focus.

Emerging players

• Revolut: UK-based digital banking super-app offering P2P transfers, multi-currency accounts, and increasingly remittance features. Emerging competitive threat to traditional remittance players in European corridors.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/i-transfer-global-payments-ep-sa

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about I-TRANSFER GLOBAL PAYMENTS EP SA