In a significant demonstration of market leadership, Privalgo, the UK-based international payments specialist, expanded its reach in 2024, processing payments to 95 countries and achieving a 68% year-over-year increase in payment volume.
The company’s exceptional performance compares with the overall UK FX industry growth of 14% reflecting growing demand for efficient cross-border foreign exchange and payment solutions.
As businesses set their financial objectives for 2025, Privalgo continues to strengthen its market position by investing in its next-generation payment technology solutions. These innovations arrive at a crucial time, as real-time payments continue to gain momentum in the UK financial sector.
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.
