Barcelona — Crypto just got easier for millions across Europe.
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Venga, the rising star in user-friendly crypto apps, has launched Euro accounts with dedicated, named IBANs—giving EU users a faster, more intuitive way to move between traditional finance and digital assets. Whether you’re a casual investor or a full-time DeFi degen, this update marks a big leap toward solving crypto’s long-standing on/off-ramp pain point.
Through SEPA instant bank transfers, users can now fund their Venga wallets directly from any EU bank and cash out in Euros without delay. That means near-instant settlements, no more waiting days for funds to clear, and no more clunky workarounds to buy into or exit Web3.
“Our mission with this service is to give crypto communities an easy way in and out of the Web3 space. Whether you’re just dipping in or living fully on-chain, everyone eventually needs a smooth bridge to fiat. Venga makes that bridge real.”
Michael Stroev, CEO of Venga
TradFi Meets Web3—Seamlessly
The new IBAN feature offers more than just speed. Each user receives a dedicated, named European IBAN—removing the chance of misrouted transfers and making Venga accounts feel as native as your traditional bank. Holding Euro balances in-app also enables instant crypto purchases when opportunity strikes.
And to celebrate the rollout, Venga is waiving all fees for Euro deposits and withdrawals throughout Spring 2025.
Compliance-First, User-First
Venga isn’t just moving fast—it’s doing so within a fully compliant framework. The company holds two VASP licenses in Spain and Poland and is in the process of securing a MiCA license under the EU’s upcoming Markets in Crypto-Assets regulatory regime.
For now, Venga’s Euro accounts are available to residents in the EU (excluding Croatia and Bulgaria), as well as Liechtenstein and Norway.
Why It Matters
On- and off-ramping has long been one of crypto’s biggest UX roadblocks—especially in Europe, where compliance concerns and banking restrictions often slow progress. With this launch, Venga is proving that fast, secure, and compliant fiat access doesn’t have to be a luxury—it can be the standard.
Whether you’re buying your first token or cashing out for a life expense, Venga’s new IBAN-enabled accounts bring crypto closer to real-world finance.
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About Venga
Founded in Barcelona in 2023, Venga is on a mission to democratize crypto access through a beautifully designed mobile app that makes Web3 simple, educational, and accessible. Led by experienced crypto professionals, Venga believes the future of finance is decentralized—and it’s building the tools to make that future a reality.
Learn more: venga.app
