D

Company · Fintech

Devengo

devengo.com ↗ ·Madrid ·Series A

Devengo is a Madrid-based, Bank of Spain-regulated Payment Institution providing an API for instant account-to-account (A2A) payments across SEPA/EU markets, covering IBAN/virtual IBAN issuance, push and pull payments, and payee verification. Founded in 2019 by former fintech founders (Ibercheck, Aplazame, Besepa), it serves clients like Jobandtalent, Payflow and Barkibu, and is currently at pre-Series A stage after a November 2025 €2M round combining debt and equity from banks and VCs.

Founded

2019

Founders

2

News

0

Rounds

3

Investors

6

SectorsFintech, Payments, Banking-as-a-Service, A2A Payments Start-up MapFintech › Payments & merchant checkout

Profile updated 3 Aug 2026

Founders

A

Alberto Molpeceres

Co-Founder & COO

F

Fernando Cabello-Astolfi

Co-Founder & CEO

Global models

No comparables on record yet.

Investors 6

B

Banco Sabadell

www.bancsabadell.com ↗

Investor Spain

www.bankinter.com

M

Magma Partners

magmapartners.com ↗

Investor

www.theventure.city

Investor United States

Funding rounds 3

Seed · €2M

Madrid fintech Devengo, founded in 2019, closed a €2M pre-Series A combining debt and equity to scale its API-first account-to-account insta…

2025-11-05

Seed · €1.2M

Devengo provides an API for instant mass payouts. TheVentureCity led the €1.2M seed round, with angels Felipe Navío and Leo Soto. Spanish pr…

2022-11-22

Seed · €1.3M

Devengo's app lets workers get their earned salary instantly. It raised €1.3M from Spanish and European business angels, including Indexa Ca…

2020-09-29

News & media

No coverage on record yet.