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
Read more in: Insurtech, Global | Tagged europe, insurance, insurtech, italy, wefox
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
Read more in: Blockchain & Digital Assets, Global, Politics, Legal & Regulation | Tagged amf, consab, EU, europe, european commission, france, italy
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
Read more in: Regtech & Legaltech, Artificial Intelligence, Global | Tagged fraud, italy, kyb, kyc, trustfull
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
Read more in: Fintech, Global | Tagged atms, cashzone, europe, financial institutions, italy, nce atleos corporation
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
Read more in: Blockchain & Digital Assets, Featured Headlines, Global, Opinion | Tagged banking, bitcoin, Bitcoin Adoption, btc, europe, intesa sanpaolo, italy
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
Read more in: Fintech, Global | Tagged germany, italy, securities, unicredit
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
Read more in: Global, Investment Platforms and Marketplaces, Real Estate | Tagged EU, italy, italy crowd
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
Read more in: Fintech, Artificial Intelligence, Global | Tagged education, financial servicse, financing, habacus, italy, milan
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
Read more in: Fintech, Global | Tagged israel, italy, Morning, TeamSystem
Axyon AI, an Italian AI fintech firm which enhances asset manager performance by delivering alpha opportunities via AI-based rankings and AI model strategies, has reportedly closed a further € 2.1 million in funding. This latest investment round had the participation of the US-based venture capital… Read More
Read more in: Fintech, Artificial Intelligence, Global | Tagged axyon, funding round, italy
Bitpanda has shared research examining the crypto investment market in Italy. In Italy, Bitpanda said they have found that nearly one in ten people (9%) across the European nation currently invest in virtual currencies, however, the update clarified that this number rises to 16% for… Read More
Read more in: Blockchain & Digital Assets, Global, Investment Platforms and Marketplaces | Tagged bitpanda, digital assets, europe, italy, research
Bitpanda and Blockpit are teaming up again to offer Italian Bitpanda users discounted licences and expert advice to help you stay on top of regulation. Using Blockpit can help you understand how “to save when doing your crypto taxes.” Bitpanda has shared key insights in… Read More
Read more in: Blockchain & Digital Assets, Global | Tagged bitpanda, blockpit, Crypto Adoption, Crypto Taxes, digital assets, EU, europe, italy, tax
One year after launch, after growing faster than the founders initially expected, Jet HR – the startup founded by Marco Ogliengo and Francesco Scalambrino to eliminate the bureaucracy surrounding payroll, HR and generally running a company in Italy – attracts a seed round of €12… Read More
Read more in: General News, Global | Tagged funding round, hr, italy, jet hr
Italian Banca Sella now provides Bitcoin (BTC) trading. Established back in 1886, Banca Sella is one of the most well-known banking institutions in Italy. Its mobile banking platform, known as Hype, now also includes a Bitcoin trading service as it operates with more than 1.2… Read More
Read more in: Blockchain & Digital Assets, Global | Tagged banking, bitcoin, btc, italy
Exein, a Rome, Italy-based company specializing in embedded IoT cybersecurity, announced it has secured €15 million (about $16.4 million) in a Series B funding round led by 33N, a firm focused on cybersecurity and infrastructure software investments. The round also included contributions from Partech and… Read More
Read more in: Global | Tagged cybersecurity, Exein, iot, italy
CaixaBank claims that is the only Spanish bank participating in the Ferrovie dello Stato Italiane S.p.A. (FS)’s new committed and revolving credit facility signed “with a syndicate of nine banks and financial institutions for a total amount of up to €3.5 billion with a three-year… Read More
Read more in: Fintech, Global | Tagged CaixaBank, credit facility, europe, financial institutions, italy
Global Fintech firms Nexi, Stripe, Adyen have introduced Apple‘s (NASDAQ:AAPL) Tap to Pay service in Italy Payments Fintechs Nexi, Stripe and Adyen have begun providing firms in Italy a way to take payments from clients that relies on Apple’s iPhones. Apple’s Tap to Pay service… Read More
Read more in: Fintech, Global | Tagged adyen, iphone, italy, nexi, stripe, tap to pay
Boarding public transport and pay the fare by simply tapping with a contactless payment card or mobile phone (to which the card is binded) on turnstiles or authorized readers: Rome is reportedly the first city in Europe to “offer this contactless payment service to cardmembers… Read More
Read more in: Global, Fintech | Tagged fintech trends, italy, nexi, rome
Sumsub announced that it has teamed up with Onda Più, an energy services company based in Sicily. Together, the two companies are supporting digital user onboarding and fraud prevention for Italian electricity and natural gas services. This collaboration will help Onda Più ensure smooth verification… Read More
Read more in: Regtech & Legaltech, Global | Tagged italy, Onda Più, sumsub
Gate Group has announced that has registered as a VASP, or virtual asset service provider, via the Organismo Agenti e Mediatori (OAM) in Italy. Launched in 2013 and based in Cayman, Gate.io is currently ranked as the 8th largest crypto exchange in the world, according… Read More
Read more in: Blockchain & Digital Assets, Global, Investment Platforms and Marketplaces | Tagged crypto exchange, gate group, italy, lin han
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