# Depay

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/depay

- Industry: Financial Services
- Headquarters: Buenos Aires, Argentina
- Website: www.depay.us
- Total disclosed funding: $4M
- Latest round: Seed (Apr 9, 2026)
- Investors on record: 6

## About

Based in Buenos Aires, Argentina, and founded in 2023 by CEO Joaquin Fagalde, CTO Marcelo Sanchez, and Federico Testoni,  Depayments S.A. doing business as Depay, providing payment infrastructure solutions for the fintech industry. In April 2026, Depay raised USD 4 million in seed funding led by North Island Ventures, with participation from DCG Capital, CMT Digital, Verda Ventures, Onigiri Capital, and Hash3. Depay serves fintechs, digital wallets, banks, and payment processors supporting cross-border payment solutions. The company's solutions include crypto payment infrastructure enabling POS systems to accept payments from over 300 wallets, and QR-based payment rails allowing interoperability across Latin American markets. It supports clients with currency conversion, settlement, and fund transfers. The company will use the funding from April 2026 to expand its network in Latin America, add connections to payment systems in Asia, and advance into new markets such as Africa and Europe while strengthening its technological and regulatory infrastructure.

## Funding rounds

- Seed, Apr 9, 2026, $4M — CMT Digital, North Island Ventures, DCG Capital, Hash3, Verda Ventures, Onigiri Capital

## Investors

- CMT Digital (https://capitalatlas.ai/funds/cmt-digital) — Seed
- North Island Ventures (https://capitalatlas.ai/funds/north-island-ventures) — Seed
- DCG Capital — Seed
- Hash3 (https://capitalatlas.ai/funds/hash3) — Seed
- Verda Ventures (https://capitalatlas.ai/funds/verda-ventures) — Seed
- Onigiri Capital (https://capitalatlas.ai/funds/onigiri-capital) — Seed