Depasify, a startup that seeks to facilitate financial institutions’ entry into the world of digital assets, has raised €2.2 million in its first round of financing, led by JME Ventures and GoHub Ventures.
The round, which included the participation of Actyus, Lanai Capital Partners and Telefónica through Wayra, will allow the Valencian fintech to boost its growth within the European banking sector and expand its team. The startup founded in 2021 offers an extension to traditional banking cores with a focus on digital assets, enabling new business avenues for entities without impacting the complexity they already face in that area, something that makes it unique in Europe.
The company explains that Depasify allows the construction of financial products based on digital assets “in a quick and easy way”, thus reducing go-to-market times by 80% through a single integration. The infrastructure unites the different stakeholders and orchestrates the entire value chain, focusing not only on technology, but also on regulatory compliance, simplifying transactional reconciliation between both worlds and allowing its clients to focus on what is important in their business.
In the words of its CEO and founder, Alberto Martín, “at Depasify we take care of the boring but essential part of digital assets. Financial institutions navigate the triangle between digitalization, risk and speed to market in the best possible way. Our proposal helps take a small step to gain capacity without having to redo the entire house.”
The round comes when investment in Web3, according to the sector analysis carried out by Crunchbase, reaches its lowest since 2021, highlighting it as one of the largest in its stage in Spain and materializing the potential of Depasify in the sector.
“In an environment as complex as Web3, the presence of solutions like Depasify is essential to simplify and facilitate operations with digital assets. At GoHub Ventures, we firmly believe in Alberto’s vision and experience to unlock the startup’s maximum potential, and we are confident in boosting its growth by providing it with our deep technological knowledge and international focus,” says Inés Calabuig, Managing Partner at GoHub Ventures.
“Alberto is a founder with excellent technical knowledge and execution capacity. His experience in fintech, his career as a programmer, and vision of the world of digital assets mean that Depasify is positioning itself to become a relevant company in this emerging sector with high potential,” adds Iván Landabaso, Partner at JME Ventures. .
