EIB grants Prosegur €60 million to strengthen cybersecurity and digital capabilities

EIB grants Prosegur €60 million to strengthen cybersecurity and digital capabilities

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The European Investment Bank (EIB) has signed a €60 million loan with Spanish security multinational Prosegur Compañía de Seguridad to fund the company’s research, development and digital transformation strategy, according to the EIB. The deal will channel investment into advanced cybersecurity technologies, artificial intelligence, integrated security operations centres and software-as-a-service solutions, with most of the work taking place at Prosegur’s research and development facilities in Spain.

Prosegur is a Madrid-based company operating in 36 countries, providing a broad range of services from physical surveillance and cash management to cybersecurity and crypto-asset protection. The EIB loan builds on a previous partnership signed in 2021 and is part of the bank’s TechEU programme, which aims to mobilise €250 billion in investment for innovative European companies by 2027. The deal also falls under the EIB Group’s strategic roadmap for 2024–2027, which prioritises strengthening Europe’s security and defence capabilities.

“This operation will promote strategic investment in digital innovation and cybersecurity, which are key to a technologically stronger European Union,” said Antonio Lorenzo, head of the EIB’s Corporate Lending Division for Spain and Portugal. Beyond funding internal research, the loan will also support knowledge-sharing through Prosegur’s corporate venture capital arm, Prosegur Tech Ventures, which links the company to the broader European startup ecosystem.

Prosegur Chief Financial Officer Maite Rodríguez said the EIB’s backing confirms the importance of the company’s vision for “anticipating risks, developing high-value technological solutions and providing services that protect people, businesses and infrastructure in an increasingly complex and interconnected world.” The investment reflects a broader push across Europe to build homegrown technological capabilities in sectors considered critical to security.

The loan signals growing momentum behind EU efforts to reduce dependence on non-European providers for sensitive digital and security infrastructure, with institutions like the EIB playing a central role in financing that shift.