Devengo logo — The API crafted to streamline instant A2A payments for busin...

Devengo

The API crafted to streamline instant A2A payments for business

Founded 2020 Spain Spain 19 employees Seed Total: $4.07M Financial Services, Fintech +1

General Information

Company Name Devengo
Founded Year 2020
Location Spain Spain
Founders / Decision Makers
Team member Team member
Employees 19
Industries Financial Services, Fintech, Payments
Funding Stage Seed
Business Model B2B, API, Embedded Finance
Revenue Model Usage Based, Transaction Fee, Service Fee
Social

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About Devengo

Devengo, founded in 2020, is a Spanish startup positioned at the intersection of the Financial Services, Fintech, and Payments industries. With its tagline, "The API crafted to streamline instant A2A payments for business", Devengo offers a compelling fintech solution aimed at enhancing transaction efficiency and customer experiences.

Their core product is an API that enables businesses to seamlessly embed real-time payment functionalities into their offerings. This allows for the automation of account creation and facilitates instantaneous, programmatic money transfers, distinguishing Devengo in the digital payments landscape.

Devengo's strategic growth has been supported by a recent Debt Financing round concluded on 01 November 2025, attracting investments from notable backers like Demium Startups, Banco Sabadell, and Bankinter. By bridging innovative payment solutions and robust financial backing, Devengo is positioned as a promising opportunity for investors looking to capitalize on evolving fintech trends.

Business keywords: API, A2A Payments, Real-Time Payments, Account Automation, B2B Services, Payment Orchestration, Programmable Payments, Payment Protocols, Error Management, Incident Management, Instant Transfers, SEPA Instant, Real-Time Money Transfers

Services & Products

accounts-creation
push-payments
pull-payments
account-verification
API-documentation
payment-orchestration

Target Customers

fintech-companies lending-institutions insurtech-companies marketplaces developers businesses in EU companies requiring instant payments

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing Undisclosed 3
Demium Startups, Banco Sabadell +1
01 Nov 2025
Seed €1.20M 1
TheVentureCity
01 Nov 2022
Seed €370.00K 1
Fides Capital
01 Dec 2021
Angel €1.30M 1
François Derbaix
01 Oct 2020
Early VC €1.20M 1
François Derbaix
01 Nov 2019

Devengo Alternatives & Competitors

View All Alternatives
Devengo vs
OpenPayd
OpenPayd United Kingdom

Move and Manage Money Globally. Any Business. Anywhere. Any Web.

221 employees
Blockchain, Crypto
Devengo vs
Transactive Group
Transactive Group United Kingdom

Send and receive instant payments globally

Seed
10 employees
Fintech, Payments
Devengo vs
FlowPay
FlowPay Italy

Open banking & payment solutions

Acquired
23 employees
Fintech, Payments

FAQ About Devengo

The API crafted to streamline instant A2A payments for business
Devengo was founded in 2020.
Devengo is headquartered in Spain.
Devengo operates in Financial Services, Fintech and Payments. Its work centres on API, A2A Payments, Real-Time Payments and Account Automation. Its customers include fintech-companies, lending-institutions and insurtech-companies.
Devengo has a B2B, API and Embedded Finance business model. Its revenue comes from Usage Based, Transaction Fee and Service Fee.
Devengo has approximately 19 employees.
Devengo has completed 5 funding rounds, raising a total of $4.07M. The latest funding stage is Seed.
Devengo offers: accounts-creation, push-payments, pull-payments, account-verification, API-documentation, payment-orchestration.
Top alternatives and competitors to Devengo include OpenPayd, Transactive Group, FlowPay, Dwolla, Send Payments. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Devengo and OpenPayd are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Devengo, https://bouncewatch.com/company/devengo, updated 13 November 2025. When citing, please name BounceWatch and link this page.

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