Glovo and PragmaGO launch PragmaCash to help merchants boost growth with capital on demand

15 lipca 2026

Merchants partnering with Glovo technology now have access to PragmaCash, a capital-on-demand solution based on the Merchant Cash Advance (MCA) model. The Glovo app serves over 50,000 restaurants and shops of all types. Whether it’s a neighborhood tapas bar gearing up for summer season, a family restaurant expanding its menu, or a florist managing seasonal stock, Spanish merchants need agility to act fast in a highly competitive market. PragmaCash puts capital within reach, right inside the ecosystem they trust daily.

How PragmaCash works for Glovo partners

• Available amount: EUR 750 – 150,000, calculated individually based on historical Glovo revenue

• 100% online: Contract signed remotely via SMS – no paperwork, no branch visits

• Predictable repayment: Fixed weekly installments over 4 or 12 months, via automatic debit through GoCardless – no surprises, no hidden fees

Spain is where Glovo was born and is one of the most dynamic SME markets in Europe: 3.3 million SMEs represent 99% of all companies and employ the majority of the workforce. Through this collaboration, we connect with entrepreneurs exactly where they operate: on the Glovo platform. These businesses can now secure financing within 24 hours of application, without interrupting their daily workflow, all within the familiar Glovo ecosystem,

- says Joanna Budzik Lister, Vice President of Strategic Partnerships at PragmaGO.

We are very pleased to celebrate this strategic alliance with PragmaGO, a key step that reinforces our commitment to the local business fabric. At Glovo, our mission is to become the perfect digital ally for all the establishments that collaborate with us, and with initiatives like this, we take a step forward toward that goal

- Quim Ros, Head of Fintech at Glovo.

In Spain, PragmaGO operates through its local subsidiary PragmaGO Spain, S.L., combining Glovo’s unmatched reach among merchants with PragmaGO’s credit technology and risk expertise. PragmaGO pioneered the MCA model in Poland, where over 6,000 companies have used it to finance growth, including a 36% year-over-year increase in transaction volume.

Our ambition is to make business financing as simple as ordering a service from an app. In Spain, we see a mature Glovo delivery ecosystem, full of entrepreneurs ready to take the next step and power their businesses. We provide the capital and tools; our local team ensures every solution is tailored to the reality of the Spanish market”

adds Joanna Budzik-Lister.

About PragmaGO PragmaGO is the international brand of a Polish financial group specializing in B2B financing, including factoring, embedded finance solutions (MCA, BNPL), and business loans. Operating in Poland, Spain, Romania, and Croatia, PragmaGO works with partners such as Allegro, Polskie ePłatności, Przelewy24 (both from the Nexi Group), PayU, Tpay, Glovo, Pluxee, GoMag, and Netopia. The company combines technology with regulatory expertise to offer flexible financial solutions for growing businesses. In Spain, it has been operating since 2026 through its subsidiary PragmaGO Spain L.T., based in Barcelona.

About Glovo

Glovo is the leading Spanish technology platform in the global delivery sector. Founded in 2015 and headquartered in Barcelona, it is now present in over 1,800 cities across 21 countries. In addition to connecting users with the best restaurants in their city, it includes categories such as groceries, parapharmacy, gifts, and express deliveries. In Spain, Glovo is available in over 800 cities.

Economic data sources

• OECD, _OECD Economic Surveys: Spain 2025. Fostering productivity growth in small and medium-sized enterprises_, online access: link, access: 2026-04-09.

• Afi, _Análisis del tejido empresarial: crecimiento y productividad, asignaturas pendientes de la empresa española_, online access: link, access: 2026-04-09.