A public digital currency issued by the ECB, complementary to cash. Not a cryptocurrency, not a stablecoin. It's euro in every respect, in electronic form.
ECB Roadmap 2029
PongoFin is already ready
PongoFin is already ready
for the Digital Euro.
The European Central Bank has launched the final preparatory phase of the Digital Euro project. The official app will be developed by Almaviva and Fabrick, the Italian excellence selected by the ECB. PongoFin is built on open standards that will accommodate the Digital Euro without rewrites.
What the Digital Euro really is (in 60 seconds)
Instant payments, also offline, with cash-like privacy for small amounts. Holding limit expected: €3,000 per citizen, with automatic waterfall to the linked bank account.
2027 pilot, 2029 launch expected. Distribution through regulated PSPs (banks, payment institutions), aligned with PSD2/PSD3.
The ECB roadmap
The official path to the Digital Euro launch, step by step.
2021
Investigation phase
ECB launches the Digital Euro project.
2023
Preparation phase
Rulebook development, supplier selection, technical experimentation.
2025
Partner selection
ECB selects Almaviva and Fabrick as Italian partners for the official app.
2027
Pilot project
Pilot with a limited number of PSPs and merchants across Europe.
2029
Operational launch
The digital euro enters use across the entire euro area.
Source: Fabrick whitepaper "Digital euro: the roadmap to 2029" — October 2025.
What changes, in practice, for those who manage accounts
The Digital Euro enables new payment patterns. PongoFin reconciles them with your traditional accounts, without you having to rebuild flows manually.
Conditional payments
Automatic release of funds only when conditions are met (e.g. verified delivery). PongoFin reconciles conditional payments with linked invoices and contracts.
Native digital receipts
Payments with native electronic receipts stored in wallets. PongoFin imports receipts and automatically links them to the matching bank transaction.
Instant settlement
Immediate crediting of received amounts, including cross-border. PongoFin updates cash forecasts in real time based on actual instant settlements.
Waterfall reconciliation
Amounts exceeding the holding limit (€3,000) flow into the linked bank account. PongoFin treats both flows as a single reconciled view, automatically.
Why PongoFin will be ready from day 1
Our architecture is consistent with the ECB project principles. We don't promise magic: we explain why no rewrites will be needed.
1
Open architecture
Edge runtime on Cloudflare, documented REST APIs, ready to integrate official ECB SDKs when published.
2
PSD2 / PSD3 aligned
Already structured on European Open Banking standards. Digital Euro distribution will go through the same regulated PSPs.
3
Multi-instrument reconciliation
PongoFin reconciles wires, instant transfers, cards, cash. The digital euro will be one more channel, not a separate system.
4
EU-only data
Storage and processing on Cloudflare with EU jurisdiction binding. Consistent with the European technological sovereignty required by the ECB.
5
Encryption by-design
AES-256, HKDF-SHA256, immutable audit log. The same "privacy by design" approach as the Digital Euro project.
6
Italian-first
PongoSID and PongoREI already integrated for Italian Financial Registry and Address Registry. Italy is a strategic hub of the ECB project (15% of Innovation Platform partners).
Italy is a strategic hub of the ECB project
15%
of Digital Euro Innovation Platform partners are Italian — the largest national group among the 70 operators involved.
2
Italian companies Almaviva and Fabrick selected by the ECB to develop the official Digital Euro app for the entire euro area.
61%
cash transaction share in Italy 2024, down from 86% in 2022. The transition to digital is already accelerating.
Start now with PongoFin. When the Digital Euro arrives, you'll already be operational.
From today to 2029 we have 3 years. Building analysis and reconciliation habits now means arriving at launch with a workspace already configured, historical data already structured, processes already in place. And when the Digital Euro is available, we'll add it as one more channel.
PongoFin is not affiliated with or sponsored by the European Central Bank or the Digital Euro project. Information here is based on public sources (ECB, Eurogroup, Fabrick whitepaper October 2025) and may be subject to updates as the project evolves.