{"id":580,"date":"2025-11-14T11:53:51","date_gmt":"2025-11-14T10:53:51","guid":{"rendered":"https:\/\/www.fidescapital.es\/?p=580"},"modified":"2025-11-14T11:53:51","modified_gmt":"2025-11-14T10:53:51","slug":"spanish-fintech-devengo-secures-e2m-to-lead-a2a-payments-in-europe","status":"publish","type":"post","link":"https:\/\/www.fidescapital.es\/en\/2025\/11\/14\/spanish-fintech-devengo-secures-e2m-to-lead-a2a-payments-in-europe\/","title":{"rendered":"Spanish fintech Devengo secures \u20ac2M to lead A2A payments in Europe"},"content":{"rendered":"

This transaction is a significant milestone<\/strong>, as it attracted major traditional banking entities to the company’s capital. Bankinter<\/strong> and Banco Sabadell<\/strong> have joined Demium<\/strong> as main investors. The group is also supported by existing partners, including TheVentureCity<\/strong> and Wayra<\/strong>, the corporate venture capital arm of Telef\u00f3nica, as well as other business angels.<\/p>\n

This strong combination of venture capital, banking, and corporate investment vehicles<\/strong> provides solid support for Devengo’s value proposition in the competitive European payments landscape.<\/p>\n

CEO and co-founder Fernando Cabello-Astolfi highlighted the importance of this support: “Banks entering Devengo’s capital is a clear sign of the strength of our value proposition<\/strong> and strengthens the solidity of our capital structure.”<\/p>\n

The accrual model, based on an API-first<\/strong> approach, has become the reference infrastructure for offering instant, automated, and intelligent A2A payments.<\/strong> Fintech technology is already being implemented in various expanding sectors<\/strong>, including insurance, financing, online gaming, real estate, e-commerce, and services.<\/p>\n

A key differentiating factor is its direct technical connection with the Iberpay clearinghouse.<\/strong> This eliminates dependence on traditional banking intermediaries, providing customers with greater efficiency, control, security, and scalability<\/strong> in their payment transactions.<\/p>\n

Andr\u00e9s Dancausa, General Partner at TheVentureCity, expressed confidence in the company’s future: “Devengo has everything it needs to lead instant account-to-account payments in the SEPA zone<\/strong> and become a key player in modernizing the European payments infrastructure. Their API-first approach, understanding of the needs of modern businesses, and ability to execute position them as a natural partner to build the future of instant payments.<\/strong>”<\/p>\n

With the funds raised, the company plans to accelerate its expansion across the SEPA (Single European Payments Area) zone<\/strong> to meet the growing demand for instant payments across the continent. Additionally, Devengo plans to facilitate the early adoption<\/strong> of next-generation payment protocols, such as the request to pay<\/strong> and instant international transfers, to stay at the forefront of regulatory and technological trends in the sector.<\/p>\n

https:\/\/en.empresaexterior.com\/art\/99932\/la-fintech-espanola-devengo-consigue-2-m-para-liderar-los-pagos-a2a-en-europa<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

This transaction is a significant milestone, as it attracted major traditional banking entities to the company’s capital. Bankinter and Banco Sabadell have joined Demium as main investors. The group is also supported by existing partners, including TheVentureCity and Wayra, the corporate venture capital arm of Telef\u00f3nica, as well as other business angels. This strong combination […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"https:\/\/www.fidescapital.es\/en\/wp-json\/wp\/v2\/posts\/580\/"}],"collection":[{"href":"https:\/\/www.fidescapital.es\/en\/wp-json\/wp\/v2\/posts\/"}],"about":[{"href":"https:\/\/www.fidescapital.es\/en\/wp-json\/wp\/v2\/types\/post\/"}],"author":[{"embeddable":true,"href":"https:\/\/www.fidescapital.es\/en\/wp-json\/wp\/v2\/users\/2\/"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fidescapital.es\/en\/wp-json\/wp\/v2\/comments\/?post=580"}],"version-history":[{"count":1,"href":"https:\/\/www.fidescapital.es\/en\/wp-json\/wp\/v2\/posts\/580\/revisions\/"}],"predecessor-version":[{"id":581,"href":"https:\/\/www.fidescapital.es\/en\/wp-json\/wp\/v2\/posts\/580\/revisions\/581\/"}],"wp:attachment":[{"href":"https:\/\/www.fidescapital.es\/en\/wp-json\/wp\/v2\/media\/?parent=580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fidescapital.es\/en\/wp-json\/wp\/v2\/categories\/?post=580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fidescapital.es\/en\/wp-json\/wp\/v2\/tags\/?post=580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}