# Besepa Technologies S.L.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/besepa-technologies-s-l

- Industry: Financial Services
- Headquarters: Madrid, Spain
- Website: www.besepa.com
- Total disclosed funding: $0.3M
- Latest round: Seed (Jul 14, 2016)
- Investors on record: 1

## About

Besepa Technologies S.L. is a financial technology company that specializes in facilitating seamless electronic payments and transaction processing for businesses, enhancing operational efficiency and client satisfaction.Founded in 2014 in Madrid, Spain, Besepa Technologies S.L. focuses on providing electronic payment solutions. The company has undergone no significant pivots in its operations. The founder, Gonzalo López, has a background in finance and technology. In July 2016, the company raised EUR 0.3 million in Seed funding from Cabiedes & Partners alongside an individual investor, bringing the total amount raised to EUR 0.3 million. As of now, the company has completed 3 deals.Besepa Technologies provides a suite of electronic payment solutions tailored to businesses, facilitating efficient transaction processing and payment handling. Their services include features for direct debit management, automated reconciliation, and enhanced security for transactions. These offerings cater to various industries, supporting businesses from small startups to larger enterprises in optimizing their financial operations. The company's services are utilized in diverse markets worldwide, with a notable presence in Europe.For the year 2021, Besepa Technologies reported a revenue of EUR 5,772,000. In 2022, the company had an EBITDA of EUR -2,487,500, indicating ongoing investments in growth and development despite the negative EBITDA.Besepa Technologies plans to leverage recent funding received in July 2016 to enhance its product offerings, including the development of new features aimed at improving user experience and increasing transaction security. The company is also targeting expansion into new markets in Southern Europe by the end of 2023, with a focus on increasing its client base in these regions. The utilization of funds will support product development initiatives and marketing strategies to reach potential clients.

## Funding rounds

- Seed, Jul 14, 2016, $0.3M — Cabiedes & Partners

## Investors

- Cabiedes & Partners (https://capitalatlas.ai/funds/cabiedes-partners) — Seed