Hassan Maishera
Venga announced on Wednesday, September 4th, that it has launched its versatile crypto app designed to make blockchain services accessible to millions.
In a press release shared with Cryptowisser, Venga said its crypto app is targeted at the European market but is available globally. The app is also listed in the iOS App Store.
The team explained that the app combines an advanced user experience with a smooth onboarding and a vivid interface. The Venga app will serve as a gateway to innovations coming from decentralized finance (DeFi) and Web3.
Thanks to its unique features, consumers can use several financial crypto services seamlessly bundled into a single app. While commenting on the launch, Venga CEO Michael Stroev said,
“We’re thrilled to launch Venga in Europe and provide access into the cryptosphere to the masses. For too long, crypto apps have been constrained by suboptimal UX and poor technology. Venga aims to fix all of these issues by placing the tools for decentralized finance in the hands of everyday users and providing the knowledge necessary to discover, invest, and navigate the digital economy.”
The app has tools to invest in crypto and interact with blockchain-based protocols. It allows users to buy, sell, swap, transfer, and hold cryptocurrencies easily. Future iterations of the app will also include staking and exchange, as well as access to TradFi functionalities and emerging decentralized markets such as RWA.
The Venga app was developed by an experienced technical team led by CEO Michael Stroev (formerly COO and Head of Product at Nebeus), CIO Mikhael Soschin (former CTO at Infintec), Chief Compliance Officer Ana Carolina Oliveira (former Compliance Officer at Blockchains Solutions Limited), MLRO Barbara Ippolito (former Intelligence Analyst at Binance), and Head of Support Carlos Dávalos (former Customer Support Manager at Dapper Labs).
The remainder of the team also comes from strong crypto backgrounds, further emphasizing their extensive expertise and dedication to blockchain technology.
The team revealed that Venga is registered with the Bank of Spain as a Virtual Asset Service Provider and Custodian and as a Virtual Asset Service Provider with the Ministry of Finance of the Republic of Poland.
Venga is a crypto startup that launched in Barcelona in 2023. Its mission is to take innovations from the Blockchain and DeFi space and make them more accessible to the masses inside a powerful app, empowering people to effortlessly discover, invest, and navigate the world of Web3. The Venga team is formed of experienced crypto professionals who are firm believers in blockchain technologies and that the future of finance will be decentralized.
