Tagged: italy

February 14, 2022 @ 2:51 pm By JD Alois  |  

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

January 24, 2022 @ 8:27 am By Omar Faridi  |  

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

January 17, 2022 @ 12:56 am By Omar Faridi  |  

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

January 5, 2022 @ 11:19 pm By Omar Faridi  |  

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

December 26, 2021 @ 8:07 pm By Omar Faridi  |  

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

November 12, 2021 @ 10:42 am By JD Alois  |  

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

November 3, 2021 @ 5:33 pm By Omar Faridi  |  

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

October 22, 2021 @ 7:09 am By Omar Faridi  |  

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

October 17, 2021 @ 2:17 pm By Omar Faridi  |  

Salt Edge, a Financial API platform has partnered with Italian Fintech accelerator Supernovae Labs in order to support Italian financial institutions and third-party providers with aggregating banking data and carrying out payments enhanced by PSD2. Through their collaboration, Salt Edge and Supernovae Labs are providing… Read More

October 10, 2021 @ 1:27 pm By Omar Faridi  |  

Nexi, the European Paytech firm, has reportedly obtained approval for its CO2 emissions reduction targets for Nexi in Italy by the Science Based Target initiative (SBTi) – the global network born from the collaboration between WRI, CDP, WWF and the United Nations Global Compact. In… Read More

October 5, 2021 @ 11:47 am By Tony Zerucha  |  

Italia Olivicola, the largest organization of olive and olive oil producers in Italy, is working with Euranet, a technology compliance management services provider, to move its supply chain operations onto the Algorand blockchain.  This model was developed employing Euranet’s ChoralChain platform and can be applied… Read More

October 5, 2021 @ 8:35 am By JD Alois  |  

Fabrick, an open banking platform, and Bitpanda – a digital investing platform offering stocks, digital assets and more, have joined to create a white label solution for Italian banks and Fintechs. The service enables users to give their customers and clients access to the growing… Read More

September 4, 2021 @ 12:15 pm By Omar Faridi  |  

Axyon AI, an AI provider for the asset management sector, has appointed Luigi Conti to serve as an independent board member. Axyon AI offers deep learning solutions that assist fund managers with providing more efficient and innovative investment services. The firm, which includes UniCredit S.p.A…. Read More

August 31, 2021 @ 2:58 pm By Omar Faridi  |  

Banking credit information provider CRIF reveals that it has entered an international commercial partnership with Regtech firm Know Your Customer – which is supported by a strategic investment into the company. An international firm headquartered in Bologna, Italy, CRIF focuses on offering credit bureau and… Read More

August 20, 2021 @ 8:19 am By Omar Faridi  |  

Lega Serie A and Crypto.com, a fast-growing cryptocurrency platform, revealed on August 19, 2021 that Crypto.com will become the “first” Innovation & Technology Partner of Italian Football. Building upon Crypto.com’s values of “transparency” and “reliability,” the multi-year partnership integrates Crypto.com in each “broadcast moment” where… Read More

August 12, 2021 @ 8:10 am By Omar Faridi  |  

Online lender October is currently active in five different European countries and now it’s the turn of the CEO of October Italy Sergio Zocchi to share his views and insights (after the company’s Netherlands and Spain Chief Executives provided comments during interviews). Sergio Zocchi, who… Read More

July 21, 2021 @ 10:14 am By JD Alois  |  

Fabrick, an Open Banking Fintech and Prometia, a company offering wealth management solutions, have joined to launch the Global Investment Portfolio, a digital wealth management solution that utilizes artificial intelligence (AI) as well as Open Banking tech. According to a release, the two companies have… Read More

July 17, 2021 @ 8:27 pm By Omar Faridi  |  

The team at European online lender October has published a blog post on credit risk analysis models including their construction and application. October notes in an update that the Covid-19 health crisis has led to two situations: a rise in the number of new loan… Read More

July 12, 2021 @ 8:39 pm By Omar Faridi  |  

CBI, which is a hub for tech innovation and the ongoing digitalization of the financial sector, has teamed up with CRIF, an international firm focused on credit bureau & business information, advanced digital solutions for business development and Open Banking. This partnership between CBI and… Read More

June 26, 2021 @ 2:31 pm By Omar Faridi  |  

Finlombarda Spa, the financial institution of Lombardy Italian region, will be supporting the relaunch of Lombardy economy via the Italian alternative financing project, known as “Credito F.A.C.I.L.E.”. As mentioned in an update published on June 23, 2021, by October, this acronym means “simple” in Italian… Read More