Redpin Payments – a new digital platform designed to make international property payments more secure, efficient, and fraud-resistant.
Credit: Redpin

Redpin, the global property payments platform backed by a £140 million investment from Blackstone, has launched Redpin Payments in Spain — a new digital platform designed to make international property payments more secure, efficient, and fraud-resistant.

Targeting lawyers, estate agents, and other real estate professionals, Redpin Payments digitises a traditionally manual and high-risk process. It offers end-to-end, bank-grade security with full regulatory compliance, helping users save time and reduce fraud across international transactions. The platform is built on infrastructure that handles over £10 billion in annual transactions and is regulated by the Bank of Spain.

International residential real estate is a $4.5 trillion annual market, and Spain sees over 125,000 foreign property purchases each year. With one in five Spanish property deals involving overseas buyers, and international participants 32% more likely to be targeted by cybercrime, the need for secure, modernised solutions is urgent.

Redpin Payments enables property professionals to manage all transactions from a single online dashboard without directly handling client funds. It cuts down completion-day stress and eliminates the need for outdated bank processes like in-branch transfers or banker’s drafts. Features include instant payments, multi-factor authentication, and fraud-resistant communication channels — protecting clients from email-based scams, phishing, and fraudulent payment redirection.

Nathan Gill, Redpin’s Chief Product Officer, emphasised that the platform was developed in partnership with Spanish professionals: “We’ve built Redpin Payments to complement existing workflows, so solicitors can focus on high-value legal work and client relationships instead of admin. Clients get greater transparency and protection — exactly what they expect in a high-value transaction.”

Spain is the first launch market for Redpin Payments, with further territories to follow later in the year. The platform’s infrastructure supports 1,800 currency pairs across 135 countries and integrates easily with existing legal practice systems.

Redpin was formed in 2023 following Blackstone’s investment in FX firms Currencies Direct and TorFX, whose combined expertise spans 25 years and over 925,000 customers, with a Trustpilot score of 4.9.

With real estate fraud up 43% during peak buying seasons and older buyers particularly vulnerable, Redpin Payments aims to bring security, simplicity, and speed to a market long overdue for innovation.

https://www.redpincompany.com/payments

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