Spotify already operates in the US and will soon launch in Mexico, the executive said.
Gayoso, who participated in a conference on digital marketing and e-commerce in the southern Spanish city of Seville, told EFE that the company's goal was to "grow, grow and grow".
Spotify has more than 24 million users in about 20 countries, with pay service operating in six countries.
The company's goal is to expand its operations around the world, "covering the map in green", Spotify's official colour, the executive said.
Spotify expects to be operating in Mexico before the summer and the company is hiring personnel for the launch, with nearly the entire staff already on the payroll, Gayuso said.