Devengo is a startup focused on a simple but ambitious mission: make finance a fairer place. Founded by well-known fintech players Fernando Cabello-Astolfi and Alberto Molpeceres our first product is an innovative social benefit that allows workers to collect their earned wages in real-time. Your money, when you need it.
Economists identify¹ three main challenges any person and household must face to reach a sustainable level of financial wellness: having sufficient and stable income, maintaining an economic-financial balance that limits problems of overindebtedness and avoiding severe poverty.
The last two challenges are the most pressing ones as they have an immediate effect on the material living conditions of the population and they compound over time sinking the households' economies further and further.
In Spain al