Tagged: italy

Accenture to Acquire Cabel Industry, Enhancing Financial Services Capabilities in Italy

Accenture (NYSE: ACN) has entered into an agreement with the Fibonacci Group to acquire Cabel Industry, an Italian tech company that provides specialized core banking and IT managed services to mid-size financial institutions. The acquisition will enhance the managed services portfolio of Accenture Financial Advanced… Read More

Italy’s Venture Investors are Increasingly Backing Equity Deals : Research

A CB Insights report has examined the top 25 Italy venture investors. The team at CB Insights said that to prepare the report, they have extensively used their so-called predictive signals in order to identify Italy’s major venture firms and then ranked them based primarily… Read More

Equity Crowdfunding Stumbles in Europe but Debt More Resilient

Investment crowdfunding has gone through various iterations since its inception. Too frequently confused with rewards offerings, which are really ecommerce with a delay, securities issued in an online offering are a financial ecosystem that will continue to persist and thrive over time. At the same… Read More

European Paytech Nexi Teams Up with Visa and Mastercard to Support Italian Businesses

Nexi is reportedly among the first service providers based in Italy to offer Visa’s and Mastercard’s money transfer solutions to business customers, allowing funds to be moved directly to user payment cards. Nexi, the European PayTech, has recently entered key collaborations with both Visa and… Read More

Euroclear, LCH SA to Enable Clearing Members to Settle Italian Govt Debt Traded on MTS, BrokerTec

Euroclear recently announced a significant enhancement to its partnership with LCH SA, which will enable clearing members to settle all Italian government debt traded on MTS and BrokerTec, and cleared via LCH SA. This will reportedly include cash as well as repo at Euroclear Bank,… Read More

Italian Small Businesses Anticipate Positive Economic Impact from Olympic Winter Games : Analysis

With less than 100 days to go until the Olympic Winter Games Milano Cortina 2026, data from Visa Consulting & Analytics (VCA) finds a surge in flight bookings and ticket purchases for the Winter Games made with Visa (NYSE: V) across Italy’s host regions. Ahead… Read More

Italy’s Public Markets Leading the Charge as Private Capital Activity Rebounds Selectively : Research

Public markets are reportedly leading in Italy as private capital activity rebounds in a more selective manner. This, according to an update from the researchers at PitchBook. As stated in the latest report, Italy’s economy faced a mixed Q3, with GDP stagnating and exports “softening”… Read More

Digital Bank Revolut Reports Steady Growth in Italy and Strategic AI focused Updates

Digital bank Revolut, which has been founded in 2015 by Nik Storonsky, has achieved a significant milestone by surpassing 4 million customers in Italy, making it the fifth-largest bank in the country by client base. This milestone, which includes an additional 1 million users since… Read More

Intesa Sanpaolo Drives Sustainable Growth via Infrastructure Investments in Italy and the UK

Intesa Sanpaolo, an Italian banking group, continues to solidify its commitment to sustainable development and economic growth through initiatives in infrastructure and environmental sustainability. Recent announcements highlight the bank’s role in fostering transformative projects in the United Kingdom and Italy, aligning with its 2022–2025 Business… Read More

Intesa Sanpaolo and Carabinieri Corps to Combat Financial Crime and Fraudulent Activities

A Memorandum of Understanding was signed between the Carabinieri Corps and Intesa Sanpaolo, represented respectively by the Commander General Gen. C.A. Salvatore Luongo and General Antonio De Vita, Chief Security Officer of Intesa Sanpaolo, “to promote the prevention and fight against financial fraud.” The collaboration between… Read More

Real Estate Marketplace Pacaso Expands European Operations with Entry into Italy

Pacaso, the tech-enabled marketplace for co-owned luxury vacation homes, is redefining second-home ownership with its innovative approach. Founded in 2020 by former Zillow executives Austin Allison and Spencer Rascoff, the company has made significant strides in 2025, expanding its European presence, reserving a Nasdaq ticker… Read More

European Insurtech wefox to Sell Italian Business Entities as Part of Restructuring Process

wefox has agreed to sell 100% of the shares in its Italian companies wefox MGA S.r.l. and wefox Services Italy S.r.l., which focus mainly on affinity distribution with an emphasis on motor insurance, to funds managed by J.C. Flowers & Co., a global private investment… Read More

Blockchain: France, Italy Partner to Submit Recommendations to European Commission Regarding Distributed Ledger Technology Usage

The French Autorité des Marché Financiers (AMF) and the Italian Commissione Nazionale per le Società e la Borsa (CONSAB), have joined to submit recommendations to the Europea Commission pertaining to the usage of blockchain or distributed ledger technology (DLT). The AMF shares that the European… Read More

Trustfull Announces New KYC Tools Powered by AI

Trustfull has announced the launch of Domain Intelligence, a package of services that aims to prevent fraud and enable identity verification all powered by artificial intelligence. Based in Milan, Trustfull was created to support businesses by leveraging OSINT-based fraud prevention solutions. Created in 2020, Trustfull… Read More

Cash Transactions: NCR Atleos’ Cashzone Network Expands into Italy, Enabling Improved Access to Cash

NCR Atleos Corporation (NYSE: NATL), a key player focused on expanding self-service financial access for financial institutions, retailers and consumers, announced that it has expanded its ATM network, under the Cashzone brand, into Italy, providing access to cash for both residents and tourists. Although many… Read More

Bitcoin Adoption: Italy’s Intesa Sanpaolo Acquires 11 Bitcoin (BTC) Valued at $1 Million

Italy’s largest bank has embraced Bitcoin, which may be considered a key milestone in financial evolution. In a significant development for crypto adoption, Intesa Sanpaolo, Italy’s largest banking group, has recently acquired 11 BTC worth €1 million, marking the first instance of an Italian bank… Read More

UniCredit to Move Back-Office Activities for Securities Services In-House Across Italy and Germany

UniCredit has recently announced plans to bring its back-office activities for securities services across Italy and Germany in house, standardizing its set-up and suppliers in a move that is expected to create more than 200 new professional roles. As explained in the update, the internalization… Read More

Real Estate Investment Platform Italy Crowd Shuts Down

Italy Crowd, an investment platform focused on Real Estate offerings, has shut down. Italy Crowd was reportedly the first platform of its kind in Italy. Last year, Italy Crowd withdrew its application from the CONSAB (the securities regulator in Italy) to issue securities under the… Read More

Milan’s Habacus Reports $5M Seed Round to Connect Education with Digital Financial Services

Milan based Habacus has reportedly finalized a $5 million seed funding round in order to offer students / learners an ecosystem of services, including various financial services and products. Habacus, the Milan-headquartered student service ecosystem, has raised the new funding in order to develop its… Read More

Israeli Fintech Morning Said To Be Acquired by Italy’s TeamSystem in $150m Deal

Israeli Fintech company Morning is set to be acquired by Italian software firm TeamSystem for an estimated $150 million, according to sources cited by CTech. The sale represents a major milestone for Morning, which is best known for its “Green Invoice” SaaS platform offering invoicing… Read More

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