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Eupago: Portugal's Bizum-First Fintech
How a 58-person team built a €11M revenue business on localized payment rails
While global payment giants fight over card transactions, a Portuguese fintech is quietly dominating the country's most beloved payment method: Bizum. With 66,000 monthly visitors and €11M in revenue, Eupago isn't just processing payments—it's owning the Portuguese digital wallet.
"They're not competing with Stripe on global scale—they're winning Portugal by being more Portuguese than any foreign giant ever could."
The Bizum Monopoly Play
Eupago's genius isn't in building better global rails, but in dominating local ones. With 26,230 monthly searches for 'bizum' and Eupago ranking #1 for 'eupago mbway shopify', they've become the default infrastructure for Portuguese merchants who want to accept the country's favorite payment method. Their direct traffic (57%) proves they've achieved brand dominance in a market where international players struggle with local trust.
The Enterprise Trust Paradox
With just 9 Trustpilot reviews at 3.3/5, Eupago isn't winning on public sentiment—but they don't need to. Their client list likely consists of B2B enterprises where reliability trumps reviews. The presence of a dedicated CTO (Markus Scherner) and Compliance Officer (Nelson Barraca) signals they're playing in the regulated banking infrastructure space, not consumer-facing apps. This is a backend payment processor, not a consumer fintech.
The tech stack tells a story of pragmatic engineering: jQuery and Bootstrap for rapid development, Tailwind for modern UI, and PWA support for mobile-first Portuguese merchants. They're not chasing bleeding-edge tech—they're building reliable infrastructure. The absence of funding data suggests profitability or bootstrapping, which aligns with their €11M revenue and 58 employees (roughly €190K revenue per employee).
- Dominates Portugal's Bizum ecosystem (26K+ monthly searches)
- 57% direct traffic indicates strong brand recall
- €190K revenue per employee suggests high operational efficiency
- Dedicated [email protected] shows enterprise-grade focus
The Anti-Stripe Strategy
Eupago proves that in payments, local depth beats global breadth. While others chase scale, they're owning a €11M slice of Portugal's payment infrastructure—one Bizum transaction at a time.
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Meta Tags
Eupago | Soluções de pagamento seguras e inovadoras para o seu negócio
A Eupago oferece soluções de pagamento seguras, flexíveis e adaptadas às necessidades do seu negócio. Descubra como simplificar e otimizar os seus pagamentos.
Instituição de Pagamento - Eupago
Cartão de crédito, TPAs, referências Multibanco, MB Way e pagamentos internacionais no seu negócio. Autorizado pelo Banco de Portugal e pela PSD2.
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Reviews (1)
They refunded money that was scammed out of my account
I was scammed out of some money. The scammers stole my MBway credentials and used it to pay for something with Eupago. I filed a police report and got in touch with Eupago. The support was very professional and helpful. It took a lot of due diligence but I eventually was refunded the full amount that was taken from my account.
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About eupago.pt
A Eupago oferece soluções de pagamento seguras, flexíveis e adaptadas às necessidades do seu negócio. Descubra como simplificar e otimizar os seus pagamentos.
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Technology Stack
eupago.pt uses 15 technologies across their website including Leaflet, Font Awesome, hCaptcha, HSTS, and more.
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hCaptcha, HSTS, reCAPTCHA
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Clarity, Google Tag Manager, Google Analytics
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Traffic & Audience
eupago.pt receives approximately 66.0K monthly visitors and ranks #494,230 globally. The website has a bounce rate of 46% with visitors viewing an average of 2.7 pages per visit. Users spend an average of 0:31 on the site.
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