Depasify Closes a €2,2 Million Investment Round Led by GoHub Ventures and JME Ventures
Depasify, the startup that facilitates financial institutions’ entry into the world of digital assets, has raised €2,2 million in its first investment round, led by GoHub Ventures and JME Ventures.
The round, which also 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 opportunities for institutions without impacting the complexity they already face in this area, making it unique in Europe.
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 customers to focus on what is important in their businesses.
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 digitization, risk, and speed to market in the best possible way. Our proposal helps them take a step forward to gain capabilities without having to rebuild their entire house.”
The round comes at a time when investment in Web3, according to Crunchbase’s industry analysis, is at its lowest level since 2021, making the round one of the largest in its stage in Spain and materializing Depasify’s potential in the sector.
“In such a complex environment 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 full potential of the startup, and we are confident in boosting its growth by providing 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 skills. His experience in fintech, his background as a programmer, and his vision of the world of digital assets make Depasify well-positioned to become a relevant company in this emerging high-potential sector“, adds Iván Landabaso, Partner at JME Ventures.