Company · Fintech

WelPay

welpay.io ↗ ·Bilbao ·Seed

WelPay (legal entity Rewardwave SL, formerly branded Roiward until its March 2026 rebrand) is a Spanish B2B fintech building a single payment and distribution layer that connects corporate welfare/benefits providers, HR platforms and merchants across Europe, handling payments, eligibility and regulatory compliance through one API integration. Founded in 2023 in Bilbao with offices in Barcelona and Milan, it is early-stage (~12-19 people) and works with partners such as Factorial, Aon, WTW, Scalapay, SeQura, Zilch, ePassi and Pellegrini, with 15+ integrated welfare platforms and strong traction in Italy. It raised an initial ~€315k round from Itnig and Abac Nest plus angels, and in December 2025 secured ~€1.8-2M in financing from Banco Santander to fund European expansion; transaction volume grew from €11M in 2024 toward a €55M target for 2025.

Founded
2023
Founders
3
News
7
Rounds
2
Investors
3
SectorsFintech, Payments, HR Tech, Employee Benefits, Embedded Finance, B2B SaaS Start-up MapFintech › Payments & merchant checkout

Profile updated 8 Aug 2026

Founders

Alfredo González Ramírez
Co-founder
Ander López
Co-founder
—
Jonatan Amenedo García
CEO & Co-founder

Global models

No comparables on record yet.

Investors 3

Funding rounds 2

Debt · €1.8M
Then branded Roiward (legal entity Rewardwave SL), the company secured €1.8M of working-capital financing from Banco Santander, extendable d…
2025-12-10
Seed · €315K
The company, then operating as Roiward under legal entity Rewardwave SL, closed a €315,000 round in which Catalan funds Itnig and Abac Nest …
2023-10-06

News & media 7

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