Barcelona – Cryptocurrency has made it easier for millions of people across Europe.
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A rising star of user-friendly Crypto apps, Venga has launched its Euro account with dedicated Ibans, which offers a faster, more intuitive way for EU users to navigate between traditional financial and digital assets. Whether you’re a casual investor or a full-time defi degen, this update shows a huge leap to solving Crypto’s long-standing on/lamp pain points.
Through SEPA Instant Bank transfers, users can fund Venga wallets directly from EU banks and cash in the euro without delay. It’s a nearby residence, no further waiting time for your funds to clear, and there’s no clunky workaround to buy or close Web3.
“Our mission with this service is to provide the crypto community with an easy way to get in and out of Web3 spaces. Whether you’re just immersed in chains or fully living in chains, everyone ultimately needs a smooth bridge to Fiat. Benga will make that bridge authentic.”
Michael Strove, CEO of Venga
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The new IBAN functionality offers more than just speed. Each user will receive a dedicated European Ivan to regain the possibility of an incorrectly transferred transfer and make their Venga accounts as native as traditional banks. By maintaining the Eurobalance within the APP, you can make crypto purchases immediately when opportunities arise.
And to celebrate the rollout, Venga is waived all fees for euro deposits and withdrawals throughout the spring of 2025.
Compliance first, user first
Venga doesn’t just move fast. We do so within a fully compliant framework. The company has two VASP licenses in Spain and Poland, and is in the process of securing MICA licenses in the EU’s upcoming markets under the Crypto-Assets regulatory regime.
For now, Venga’s euro accounts are available to EU residents (except Croatia and Bulgaria), as well as Liechtenstein and Norway.
Why is it important?
On-ramping and off-ramping have long been one of Crypto’s biggest UX obstacles. Compliance concerns and bank restrictions often slow progress, especially in Europe. With this launch, Venga proves that fast, secure, and compliant Fiat access doesn’t have to be luxurious. This could be the standard.
Whether you’re buying your first token or cashing out on lifetime costs, Venga’s new IBAN-enabled account will bring Crypto closer to real-world funding.
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About Benga
Founded in Barcelona in 2023, Venga is on its mission to democratize crypto access through a beautifully designed mobile app that makes Web3 simple, educational and accessible. Leaded by experienced crypto experts, Venga believes the financial future is decentralized and builds the tools to make it happen.
Details: venga.app
