Tagged: italy

Klarna Announces Acquisition of Italian “Buy Now, Pay Later” Startup Moneymour

Payment processing platform Klarna announced on Wednesday it has acquired Moneymour, a buy now, pay later payments platform based in Italy. Founded in 2017, Moneymour allows customers to buy now, pay later by splitting their purchases into monthly installments based on an instant credit assessment. “The… Read More

Italian Ministry of Economy and Finance Begins Consultation on Evaluation Criteria for Fintech Projects

The Italian Ministry of Economy and Finance has reportedly begun a consultation on a Draft Decree on the evaluation criteria to test out Fintech projects in a sandbox environment. The ministry has appointed a Fintech Committee, which will be exploring various financial technology projects. The… Read More

France-based Digital Bank Qonto Secures $115 Million via Series C Round Led by Tencent, DST Global

France-based digital bank Qonto has secured $115 million through a Series C investment round led by Tencent and DST Global, in order to help it further penetrate key markets, implement new features to tailor its products and services to specific market segments, and hire new… Read More

Mexico-based Fintech Firm Resuelve Tu Deuda Secures $24 million in Funding to Expand Business Operations

Mexico-based Fintech firm Resuelve Tu Deuda has secured $453 million pesos (appr. $24 million) in funding which includes both equity and financing in order to expand its business operations within and outside of the Latin American region. The company’s investment round was led by Alloy… Read More

Tink Announces Launch in Italy & Portugal

Tink, a Sweden-based fintech that provides APIs to create next-generation banking services, announced on Thursday it has launched its service in both Italy and Portugal. As previously reported, Tink provides partners ranging from big banks to individual developers with the technology to securely access financial… Read More

Regtech: ClauseMatch is Now Live in Italy in New Partnership with Banca Intesa Sanpaolo

ClauseMatch has announced that it now operational at Intesa Sanpaolo. The partnership is said to be the genesis of a meeting at Fintech Innovation Lab hosted by the Bank. A Proof of Concept soon followed. The ClauseMatch platform is currently being used by Barclays and… Read More

Italian Banking Group Intesa Sanpaolo Has Invested €7 million in Mobile Payment System Developer MatiPay

Intesa Sanpaolo, an Italian banking group formed through the merger of Banca Intesa and Sanpaolo IMI, has reportedly invested €7 million in mobile payment system developer MatiPay.  The multi-million dollar investment will allow MatiPay to expand its operations in Europe, Japan and the US, where… Read More

October and 5 Confidi Launch Direct Lending Fund for Italian SMEs

Leading European marketplace lending platform October has joined with 5 Confidi entities belonging to Federconfidi and Rete Fidi Italia and with the European Investment Fund (EIF), to launch a €30 million fund to back Italian SMEs. Confidi are cooperative, non-profit guarantee consortia that facilitate access… Read More

Update: Italian Crypto Exchange Young Platform Completes Seedrs Round With More Than €787,000 Raised

Italy-based cryptocurrency exchange platform, Young Platform, has closed its equity crowdfunding campaign on Seedrs with a total of €787,480 in funding secured. The funding round was launched on the equity crowdfunding platform earlier this summer and quickly secured its initial €500,000 funding target while attracting… Read More

Update: Italian Crypto Exchange Young Platform Nears €800,000 During the Final Hours on Seedrs

Italy-based cryptocurrency exchange platform, Young Platform, is set to close its Seedrs campaign with nearly €800,000 in funding. The funding round was launched on the equity crowdfunding platform earlier this summer and quickly secured its initial €500,000 funding target. It has attracted more than 700… Read More

FinecoBank Adds More Options with Inclusion of Canadian Stocks

FinecoBank, a more traditional bank that is seeking to burnish its Fintech credibility, has added the Canadian Stock Exchange to its options for investors. According to a release, traders and investors can now access an additional 250 shares and over 600 ETFs available on the… Read More

Wirecard Teams Up With Sisal Group’s SisalPay to Drive Digital Payments in Italy

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Friday it has formed a new partnership with Sisal Group, through its brand SisalPay, to continue to drive digital payments in Italy. According to Wirecard, SisalPay already offers one of the most successful payment… Read More

Owner of WEX, Rebranded Crypto Exchange That May Have Processed Bitcoins for Russian Spies, Arrested in Italy

Dmitry Vasiliev, a 32-year old Russian who took over and rebranded the notorious BTC-e exchange when its alleged admin, Alexander Vinnick, was arrested in Greece in 2017, is now under arrest in Italy, the BBC reports. Vasiliev rebranded BTC-e, “the largest Russian-language platform for the… Read More

Overfunding: Italian Cryptocurrency Exchange Young Platform Surpasses €500,000 Funding Target on Seedrs

Just days after launching its equity crowdfunding campaign on Seedrs, Italy-based cryptocurrency exchange platform, Young Platform, has successfully secured its initial €500,000 funding target. As previously reported, Young Platform is on a mission to make crypto accessible for everyone. The platform further explained: “Our first… Read More

Italian Crypto Exchange Young Platform Now Seeking €500,000 on Seedrs

Young Platform, an Italy-based cryptocurrency exchange platform, is now seeking 500,000 through equity crowdfunding platform Seedrs. Started in 2017 (launched in 2018), Young Platform is on a mission to make crypto accessible for everyone. “Our first step on this journey has been the development of… Read More

Banq to Raise Capital for Helbiz in Advance of Planned IPO and Dual Listing on Nasdaq and AIM Italia

Banq, a digital platform that is part of investment bank Tripoint Global, is raising capital for Helbiz in advance of a planned initial public offering (IPO) on Nasdaq. Simultaneously, the shares are expected to list and trade on AIM Italia in what is being described… Read More

Italian Bank Startup Illimity Forms Partnership with Raisin

illimity, a banking start-up listed on Borsa Italiana’s MTA exchange, has formed a partnership with Raisin, Fintech marketplace for online savings and investments in Europe. illiminity is a “new generation Italian bank” formed by the merger between SPAXS and Inter-provincial Bank. It plans to reach… Read More

Plug and Play Launches Accelerator Program in Italy

Plug and Play announced on Monday it has opened a new office in Italy together with its newest corporate partners Esselunga, Lavazza, Tetra Pak, and UniCredit. The accelerator reported that office will service key partners in the region such as UniCredit, which is also joining… Read More

Crowdsourcing Week Announces BOLD Award Winnners

Crowdsourcing Week recently held their inaugural BOLD Awards near Venice. Organizers selected winners in 12 categories plus three special awards. The event itself was organized and hosted by H-FARM, a startup business development and accelerator hub in Europe. Crowdsourcing Week’s CEO Epi Ludvik and Emil… Read More

Looking for Nominations: Women in Finance – 2019 Italy Awards

The British Embassy Rome and Freshfields Bruckhaus Deringer in collaboration with Borsa Italiana are calling for nominations for the “Women in Finance – 2019 Italy Awards.” The Awards strive to celebrate female talent and the value of diversity in the financial sector. The Awards are… Read More

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