The owner of Mercadona invests in a money laundering prevention startup

Juan Roig continues to bet on emerging companies through Angels, his investment company. On this occasion, the founder and owner of Mercadona has looked at Pibisi, a Spanish startup that automates the prevention of money laundering and terrorist financing. Pibisi has carried out an investment round of 140,000 euros in which, in addition to Roig, the founders of Indexa Capital, François Derbaix and Unai Ansejo have participated; and the entrepreneur Fernando Cabello-Astolfi, founder of Aplázame (acquired by Wizink) and Devengo.

The startup’s partners, Alejandro D. Caneda and Roberto Rozalén, as well as Rafael Canales, former director of financial sector entities, and David Lozano, CEO of Afterbanks, have also participated in this operation.

Pibisi participated in Lanzadera, Roig’s startup startup acceleration program. The company, founded by Alejandro Caneda, is a cloud solution that automates the tasks of preventing money laundering and terrorist financing, which can be integrated with the ‘software’ of its clients or be used directly from any browser. The tool automates part of the process, allowing companies to identify their clients, consult databases and analyze their operations (in order to calculate their level of risk), as well as manage the relationship with the regulator.

Pibisi was born after Caneda’s experience as chief technology officer at Indexa Capital itself, whose owners (his former bosses) now invest in him. “The experience of the investors who accompany us in this round allows us to achieve a greater national projection and greater solidity, as well as to consolidate the confidence of our clients,” said Caneda.

Pisibi’s objective is to reach the profitability threshold in 2021, for which it will strengthen its position as a favorite tool for small and medium ‘obligated subjects’, such as art galleries, jewelers or ‘crowdfunding’ platforms and cryptocurrencies.


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