Tagged: italy

Italy: Banking Group Sella Introduces Metaverse Accelerator Program

Italian banking group Sella has reportedly introduced an acceleration program focused on helping startups who are working on finance solutions for the Metaverse. Managed by Sella’s venture incubator dpixel with the OGR Torino hub, the Metaverse 4 Finance Accelerator is focused on identifying and supporting… Read More

Italy Can’t Decide Which Agency Will Regulate Securities Crowdfunding Under New EU Rules

In November of 2021, the European Union announced pan-European securities crowdfunding rules. While there are still certain details being worked out, effectively an issuer may now list a security on an online investment platform and raise capital across all EU member states. European Crowdfunding Service… Read More

Discover and BANCOMAT to Increase Acceptance for Payment Cards in Italy

BANCOMAT S.p.A and Discover signed a strategic agreement that “increases acceptance for Discover, Diners Club International and network alliance cardholders, all part of the Discover Global Network.” This new partnership will “give cardholders the ability to use their cards and mobile payment products on the… Read More

Italy: Banca Sella to Help Bring Italian SMEs to Alibaba.com

Supporting Italian SMEs in their business projects of growth, development and competitiveness, taking advantage of the key opportunities offered by digital export: this is reportedly the purpose of the agreement made by Banca Sella and Business Vision, a firm focused on e-commerce development and an… Read More

In a Few Short Days, 14 Crypto Asset Firms Registered in Italy

The Organismo degli Agenti e Mediatori finanziari (OAM) only began accepting registrations for digital currency and digital wallet providers beginning on May 18th but in the ensuing days, 14 firms have registered including Binance, Bitpanda and more. The OAM is the exclusive authority in Italy… Read More

Qonto Is Introducing Invoicing to Allow Clients to Seamlessly Generate, Share, Manage Invoices

Qonto, the European business finance solution, has announced the launch of its new solution for invoicing. This new solution “simplifies the process of generating, sharing and managing professional and customized invoices directly from the platform.” Whether they are SMEs or freelancers, clients will be able… Read More

P2P Consumer Lending Platforms Are “Most Stable” in their Growth, Robo.cash Report Claims

P2P consumer lending platforms are the “most stable” in their growth, while the business segment is “increasing faster than the others,” the team at Croatian lender Robo.cash claims. Geographically, sustainable development is “mainly shown” by Croatian and Italian platforms, the Robo.cash writes in a blog… Read More

BNPL Fintech Scalapay Acquires $27M from Poste Italiane via Series B Extension

Scalapay, a European Buy Now – Pay Later provider, has announced a $27 million investment from Poste Italiane, which is Italy’s largest service infrastructure network and claims to be one of the largest payment card issuers in Europe, in a Series B extension. Scalapay is… Read More

Accelerator Fin+Tech Announces 16 Accepted Startups

Fin+Tech, an Italy-based acceleration program supporting startups in the Fintech and Insurtech space, has completed the selection of the 16 start-ups that will join the first cycle of the program, according to a public statement. The accelerator is part of the CDP National Accelerators Network,… Read More

Italy’s Fintech Tot Introduces Banking Platform for Micro Entrepreneurs

Tot, an Italian Fintech banking platform that streamlines administrative and financial management via all-digital tools for self-employed professionals and micro-businesses with up to 10 workers, confirms its market debut in March 2022. Tot mainly specializes in microenterprises, amid rising attention to this industry segment, because… Read More

Paytech Firm Nexi, Italian Tourism Group Unite to Help Battered Sector

Nexi, a European Paytech firm, and Fipe, an association representing businesses in the hospitality, tourism and entertainment industry, have signed a strategic agreement with the aim of supporting the relaunch of the over 300,000 Italian companies in the sector, which has been among the hardest… Read More

Intesa Sanpaolo Invests £40M into Thought Machine, Chooses Vault to Support Virtual Banking Services

Intesa Sanpaolo, which is Italy’s largest bank by total assets and one of Europe’s most profitable and sustainable financial institutions, has chosen Thought Machine, the United Kingdom-based core banking tech firm, to support its digital banking platform. In conjunction with this partnership, Intesa Sanpaolo has… Read More

Italy: Digital Bank Illimity Reports Results, Announces b-ilty – a Digital Financial Services Store

illimity, a digital bank operating in Italy, released its financial results for the full year ending December 31, 2021. According to the company, it achieved its 2021 profit guidance, posting a net profit of €65.6 million for 2021, more than double the figure for 2020… Read More

European SME Lender October Reports More Projects Funded Last Year than 2018, 2019, 2020 Combined

Earlier this month, the team at marketplace lender October had shared an open letter with their community. October wrote in its open letter that last year, they had committed to working hard, “with enthusiasm and curiosity.” They had promised to lend more efficiently to businesses,… Read More

European SME Lender October Reveals that Investors are Increasingly Seeking “Safe” Investments

European SME lender October reveals that 2021 was an “intense year” for their platform. October notes that not only was it their best lending year so far on record, with more initiatives financed than the past 3 years combined, but also “the one of multiple… Read More

Robo.cash Funded €18M in Loans in December 2021, Returned €544K to Investors

Croatian P2P lender Robo.cash writes that while you’re busy summing up the results of the year, they’ve taken a look back on what December 2021 could be most remembered for. Robo.cash notes that last month, their investors “funded €18 M loans.” The platform’s investor base was… Read More

Interest for P2P Loans Is Expected to Gain More Traction Across Europe, Robo.cash Reports

Interest for peer-to-peer loans is expected to gain traction across Europe, according to an update from Croatian P2P lender Robo.cash. As noted in a blog post by Robo.cash, the number of Google requests for P2P lending in Europe has been growing steadily this year. An… Read More

Digital Banking Platform Tot Raises €2 Million in Seed Funding

Tot, an Italian digital banking platform, has raised €2 Million in seed funding according to a note from the firm. Banca Sella was the lead investor in the funding round. Tot is a new banking platform that aims to update the administrative and financial management… Read More

BBVA Teams Up with Sella Group to Support Open Finance Initiatives

BBVA, the Spanish multinational banking group, and the Sella Group have reportedly entered into a partnership that is focused on supporting Open finance. Through the partnership, BBVA will be providing its foreign clients, who are willing to operate in Italy and those of the newly… Read More

Digital Banking: BBVA Group Launches All-Digital Retail Bank in Italy

The BBVA Group is launching an all-digital retail banking in Italy, with a “unique” value proposition and customer experience. BBVA is entering the Italian market with free digital banking; “one of the most secure cards in the world – as there are no printed numbers… Read More

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