Bizum
Spanish mobile payment service operated by Bizum, S.L. for sending money with a phone, backed by the main Spanish banks
Quick Overview
| Company | Bizum, S.L. |
|---|---|
| Category | P2P Payment Apps |
| Headquarters | Madrid, Spain |
| Founded | Not stated |
| EU Presence | Yes - Spain (EU) |
| Data Location | Not stated on the pages we read |
| Open Source | No |
| GDPR Compliant | Yes |
| Self-Hosting | No |
| Main Features | Money sent in under 10 seconds (vendor claim), sending by mobile phone, backed by the main Spanish banks |
| Pricing | Not stated on the vendor pages checked (no user fee information) |
| Best For | Sending money by phone to people who use a participating Spanish bank |
| Replaces | Venmo |
Detailed Review
Bizum is operated by Bizum, S.L., domiciled in Madrid with NIF B-87599478. The legal notice states that Bizum, S.L. is registered in the Registro Mercantil de Madrid.
The homepage states that money can be sent in under 10 seconds using only a mobile phone. Facts on this page were checked on 3 November 2026.
How Bizum Sends Money
Bizum sends money with a mobile phone, and the homepage says this works regardless of the user's bank. The same page says the service is backed by the main Spanish banks.
The homepage claims a transfer takes under 10 seconds. That is a vendor claim we did not test.
Who Operates Bizum
The legal notice names Bizum, S.L. as the operator, with a Madrid domicile and a registration in the Registro Mercantil de Madrid. That is a Spanish company, in contrast to Venmo, which sits under PayPal, Inc.
What Bizum Does Not Say
Bizum does not state user fees on the pages we read. Bizum also does not state, on those pages, whether accounts outside Spain are supported or where data is hosted.
Limitations to Consider
Bizum availability depends on participating banks, as the service is described as backed by the main Spanish banks. The pages we read do not state user fees, hosting or whether non-Spanish accounts are supported. The pages are in Spanish. For a Belgium, France and Germany option see Wero.
Who Should Use Bizum
People with an account at a participating Spanish bank who want to send money from a phone to friends and family.
Pros and Cons
Pros
- Sends money in under 10 seconds (vendor claim)
- Works with only a mobile phone
- Backed by the main Spanish banks (vendor statement)
- Operated by a registered Spanish company
Cons
- Fees not stated on the pages we read
- Foreign account support not stated
- Depends on participating banks
- Vendor pages are in Spanish
Alternatives to Bizum
Other European p2p payment apps worth comparing before you decide:
Wero
Belgium · Bank-to-bank transfers in seconds, by phone number
Vipps MobilePay
Norway · Nordic app to send, request and split money
Satispay
Luxembourg · Free payments between friends, in stores and online
Monzo
United Kingdom · UK bank app with free bill splitting between friends
See all European p2p payment apps or compare them directly against Venmo on our alternatives page.
Frequently Asked Questions
For person-to-person payments in Spain, yes. Bizum, S.L. is a Madrid company and the service sends money with a mobile phone.
Bizum, S.L., domiciled in Madrid and registered in the Registro Mercantil de Madrid, according to its legal notice.
User fees are not stated on the vendor pages we read, so check with your bank.