THE ITALIAN FINTECH GUIDE 2018

The most promising fintech companies operating in Italy Il Salone dei Pagamenti: a hub of cooperation mainspring for development, is the first outward sign of how the cooperation between process between innovative companies can cease to be an isolated initiative banks and and become the leitmotif of a whole industry. This is an open uninterrupted dialogue that encourages everyone to fintech take a forward-looking approach to those development scenarios which are Ever since its very first edition, a natural horizon and means to drive the Salone dei Pagamenti (an growth for both banking companies initiative promoted by ABI - Italian and startups. Banking Association and organised by ABIServizi) was aware of the The aim of the Salone dei Pagamenti immense importance and unparalleled is to thoroughly explore all aspects opportunity inherent in providing a of innovation. Companies involved space conducive to dialogue with in the payments sector now look to the world of fintech. It knew it would the Salone to become acquainted be occupying a unique role on the with the trends and major players Italian market and helping to bring of innovation and, again, it is at together technological startups, the Salone that startups meet to banking companies, other relevant talk about new potential markets enterprise and potential investors. and challenges. Sights are not only The Salone platform, which does fixed on Italian affairs, but there is not only consist of the actual event a watchful eye on the international but also the network of extensive landscape too. This world-oriented competence and knowledge serving slant emerges from the participation users throughout the year via various in the Salone 2018 of an interesting channels of dialogue and information, panel of startups, technological is a landmark ecosystem for innovative companies and speakers who boast firms dealing in the finance field and experience gained in various sectors payment-services sector, but also of the global market and this promises for the universe of banking, financial well for an internationalisation of the and insurance companies who soon innovation process. From this point of realised its huge potential as leverage view too, the dialogue between banks for development. and fintech triggers virtuous growth patterns. The presence of a special section of the 2018 Salone called “Fintech Goes Innovative ideas emerging from the to Italy”, which calls on all Fintech fintech world relate to both financial startups and the entire system of services and IT technology, represent enterprise and experts forming a solutions in terms of process and

1 product/service for banks and regard which requires us to push back the all sectors of banking and financial boundaries. intermediation, including payment services (instant payment), loans Technological innovation is one of the (crowd-funding and peer-to-peer main areas upon which competition in lending), virtual currency, advisory Europe is based and there have been services (robo-advisor), decentralised some real steps forward in this sense. transaction-validation technology One step ahead has been the new (blockchain or DLT - distributed investment plan for digital innovation ledger technology), but also biometric currently being defined after Horizon identification systems and advanced 2020 and another is the definition of instruments aimed at delivering more a tightly organised action plan by the efficient and effective services (cloud European Commission in March 2018 computing to the usage of big data which includes initiatives designed to using artificial-intelligence technology). spark innovation (such as the creation of Hub and Sandbox within which Over the last few years, collaboration new Fintech developments can be projects have been launched on several explored) and cooperation initiatives fronts between banking companies between Authorities and market and fintech, laying new paths leading players (one example of this is the to development. A productive scheme European Fintech Lab). The ECB is that has given rise to some interesting showing an active interest on this issue solutions such as the creation of and the EBA has drawn up a detailed new methods to acquire and relate roadmap designed to implement to customers, using increasingly some of the initiatives launched by the smart accessible technology aimed European Commission by 2019, taking at boosting customer experience further steps to recognise and promote exponentially and leaving behind for best practices on key themes, such ever that communicative and client- as those linked to cybersecurity and proposal approach we could probably consumer protection. best term as “one size fits all”. It makes an innovative use of big data aimed at Clearly, we still have a long way to developing increasingly customised go before we achieve seamlessly services able to meet customer shared innovation, but harmonious requirements by coming up with collaboration schemes with all proposals based on latent needs. As players involved are a solid base the Bank of Italy pointed out itself in for collective growth that involves its report entitled “Survey on the usage everyone: Institutions and Authorities, of innovative technology as applied banking companies, other relevant to financial services” published at the enterprises, startups and fintech. end of last year, “Fintech involves all This is a commitment which looks sectors of the banking-and-financial- to the future of the Country, but in service market, it changes its structure the meantime, we have a panoply of by introducing technological startups interesting paradigms and templates Share your ideas on the future through the innovative multidimensional and provides a strategic reply to for development to be getting on with. system of ABIServizi, designed to develop strong synergies within the the companies already present on Which we are proud to relate by using the market”. A tactical approach our system. banking and financial Italian market. Connect yourself, with bancaforte.it - digital partner of the Salone dei Pagamenti 2 3

84B_2018_BANCAFORTE_ADV_14,8X21_ENG.indd 1 23/10/18 17:56 Fintech District: the gateway to the and the most important partners linked dei Pagamenti is part of a program District, are invited to contribute to the entrepreneurial and professional of continuous activities all focused actively and dynamically, by proposing italian know-how of technology providers and towards the same objective and new activities and initiatives, making investors. opening our eyes to what is going on contributions for the development of fintech After just over a year since its coming- beyond borders. knowledge and identifying potential to-be, the Fintech District has decided In order to oversee the position of evolutionary lines of the sector and to propose, together with the Salone access point to the Italian market, we news of the regulatory framework. ecosYstem dei Pagamenti, an event which aims to are developing collaborations with In addition to internationalization, our create a time for international analysis the most important Fintech hubs in main areas of intervention concern Fintech is a new and rapidly evolving and comparison between Fintech, Europe, such as B-Hive, INNsomnia know-how, technology and capital. sector including various forms of banks, incumbents and investors and and LHoFT to just name a few. Last Regarding the first point, we start off technology applied to finance, from can be seen as the main industry July we also joined ‘The Talent Route’: from the idea that a good promotion platforms to blockchain and artificial event in the whole of the Italian scene. the world’s first Fintech independent of knowledge of what is going on intelligence. In this scenario not only “Fintech goes to Italy” is a thematic accelerator network coming from all can facilitate the identification of are startups involved but also banks course entirely in English offering over Europe and Israel. Thanks to the best practices for entrepreneurs and other institutions which are often a number of sessions ranging from relationships established with the and the adoption of new solutions not taken into consideration. meetings to workshops. It is basically 11 entities involved in the network, by customers. For this purpose we In this day and age, the world of a space created specifically to bridge and not only with these. it has been organize sector workshops aimed at finance is being invested by a real and Italian realities and foreign markets. possible to draw attention to 4 an open public as well as meeting irrepressible wave of innovation, or The internationalization of the Italian international acceleration calls in Italy, opportunities to spread the culture even more so radically accelerated by fintech ecosystem is one of our namely Nesta (UK), Innsomnia (Spain), of innovation. We have also created a the collaboration between traditional main objectives. The fact that our BHive (Belgium) and Global Pitch mentorship program dedicated to new operators and technologically community is composed of over 80 Competition (Autriche). businesses and involving professional orientated ones. The success of members, of which one third are With the conviction that this is the path firms, consultancies and entrepreneurs individual operators is now bound in an companies whose parent company is to be followed in order to contribute with successful track records in the essential way to the competitiveness of abroad and have entered Italy during to our growth in the country’s system, sector. the ecosystem and the Fintech District the last three years, is already a our aim in the coming months is to Among our objectives is also that is born from this vision. Our goal is clear sign of exactly how we want to continue working in order to create of identifying and promoting best- to contribute to the creation of the position ourselves. The Fintech District cooperative projects which will allow practices of technological integration banking and financial industry of the was born as a gateway to the Italian us to face important markets such as between startups and incumbents future, triggering a co-creative process Fintech reality for all international the US and Asia. In confirming our role through the creation of specific of new products and services in an stakeholders interested in our as a gateway to the Italian Fintech matchmaking programs aimed at evolved ecosystem involving the entire ecosystem. reality for all international stakeholders presenting new solutions which meet industry. The idea of suggesting an event like interested in our ecosystem, we are specific industry needs. The Fintech District is an open “Fintech goes to Italy”, which is all also engaged on other fronts and every With regard to raising international community whose aim is to become in English and hosts international day are working to build, expand and capital from companies internalized the referral point for the Italian Fintech guests, has been nothing more than strengthen our community. In one in the sector, thus fueling the growth thus generating added value through fulfilling the wish to reiterate the role year of life we have gone from 23 to of our startups, we organize initiatives the promotion of collaborations, we want to play in the panorama 87 members and continue to grow. such as pitch days and international networking and open innovation, as of the international Fintech sector. We are talking about young startups roadshows within the community well as bringing with it the aggregation Although this is an isolated initiative but also large companies. All of them, and, by the end of the year, we aim at of the main Italian Fintech operators our active participation in the Salone once they become part of the Fintech counting at least 100 members.

4 5 The Fintech District and of where exactly they operate in the the Salone dei Pagamenti innovation sector. In constructing the The collaboration between us and the schedule, we have selected themes we Salone dei Pagamenti was conceived believe are of strategic importance for from a common awareness that the facilitating the growth of the Fintech Italian market is still, and has always sector in Italy and beyond. In “Fintech been perceived as, a local scenario. goes to Italy” we will discuss what role This collaboration later resulted in the the ecosystem and the hubs working creation of the “Fintech goes to Italy” in it play and we will also discuss pathway. In both groups lay the desire a topic we believe is crucial at the to bring an already well-established moment: the increasingly necessary national event out of our borders to dialogue between Fintech and the make it known and we also shared the incumbent. During the meetings objective of showing that Italy has proposed during the three days of the also something to say in the field of Salone dei Pagamenti, we will explore, innovation and entrepreneurial fabric. together with guests of international This is why, in occasion of the Salone importance, the challenges and dei Pagamenti, we have proposed a opportunities this sector presents, as path aimed at giving international well as discussing how venture capital We create a We provide match exposure to the entire event, opening can contribute to the growth of the community of making opportunities up participation and capturing the national entrepreneurial ecosystem. startups attention of foreign companies English will be the official language potentially interested in the Italian of “Fintech goes to Italy” and of the fintech ecosystem. “Fintech goes Fintech District itself. It is our belief to Italy” also aims to offer Italian that in a global world, such as the one We promote companies new opportunities to take a we live in today, if we want to know We organize internationalization look at the European market. and seize the opportunities at stake it workshops is strictly necessary to communicate and events with innovation hubs In realizing developing this path, in English. The risk, otherwise, is to we started by wanting to give the be cut off, stay behind, be crushed by opportunity to participants to pay the changes that occur in the world attention to the most interesting topics of finance and not be updated on We offer corporate and and reason using a European mindset worldwide trends. This is something startups services and not just a national one. In order to absolutely necessary for companies do so, we have created an agenda that wanting to achieve success. involves the participation of players We are aware that this choice can of international relevance who can be seen both as courageous and put forward, to the participants in the unpopular, but we are also convinced Salone dei Pagamenti, a different point that it is a decision that contributes in of view regarding the market. a massively important way to make the In creating the pathway “Fintech goes Italian Fintech ecosystem competitive to Italy” we let ourselves be guided by internationally because it allows us to the desire to create something new address an audience, both Italian and and unique in the Italian landscape, international, which speaks and reads Fintech District highlighting the role of the ecosystem in English and thinks in a global key and all the people that are part of it thus not remaining closed between www.fintechdistrict.com as well as underlining the importance national borders. @FintechDistrict Copernico Isola for S32 6 7 (via Sassetti 32, Milano) INNOVATION IN THE NEW FINANCIAL

SERVICES in the near future and become much FIGURE 1 closer to users’ real requirements and ECOSYSTEM actual needs. In such circumstances, the value chain of financial services would no Financial technology or fintech (a longer hinge upon a single entity, but branch relating to the digitalisation would be built up via a process of and dematerialisation of financial add-ons, agreements and information services) is storming ahead and exchanges between fintech banks and gaining credence in ever wider non-financial players. circles. Indeed, it is one of the most Indeed, ever since the Fintech world significant phenomena of the last arrived on the financial scene, many few years as well as one of the most standard practices in the sector have important factors for the future undergone marked change. In many of financial, credit and insurance cases, these new developments have markets, not to mention the entire led to a massive shift in the way world economy. things work. An evolving global ecosystem, So, it would be fair to say that morphing competition, rapidly increasing openness and closer changing technological trends and interconnection between the various a fluctuating economic landscape players in the ecosystem can be an are all factors which have prompted effective means to speed up sector financial-sector players to pursue growth. new directions. Rethinking customer On the basis of fintech evolution scoring solutions are being thought up services. relationships and capitalising on patterns in Italy and a survey involving which use data from various sources One indication of what the future information available have become about 140 different cases, it is safe to assess an entity’s creditworthiness. holds comes to us from the extent key drivers for anyone wishing to to say that the main areas of interest For such a future scenario, the of the investments and IT costs seize the innovation opportunities relate to online-funding platforms as development pathway for the 4.0 shouldered by banks in Italy which present on the new market. well as initiatives regarding payments, version of the financial sector must are in excess of € 4.75 billion and still In the financial sector, an increasingly insurtech and loans. In this sense, necessarily be underpinned by growing. A recent survey conducted amount of attention is being paid to one good example is the P2P lending ongoing technological progress and IT by ABI Lab (figure 1) shows that the new paradigm that looks beyond platforms which put lenders and is a key driver in this process. Indeed, for around 86% of the companies conventional business models and borrowers in contact with each other IT will be required to undergo a major interviewed, the IT budget for 2018 contemplates the possibility of turning and serve, amongst other things, to paradigm shift. On the one hand, it was either the same or higher: 60% a bank into a platform providing increase lenders’ chances of obtaining will have to deliver in terms of solidity of respondents reported having an access to banking services in all a loan and to allow investors to find and security to prevent its current increased budget compared to the possible guises - a hub which would new ways to expand their capital. Yet achievements from being eroded, previous year, while in 27% of cases, serve not only for the exchange of another interesting phenomenon is while, on the other hand, it will have the trend was stable. money, but also for the transfer of that of the invoice-trading platforms to become faster and more agile Innovation is heavily reliant on information, services and value. which allow businesses (especially so it can rise to the new challenges information and on our ability to In view of this, it seems highly likely SMEs) to sell their receivables to third of the digital age with confidence, gather, control and extract value from that banking will dramatically change parties. Last but not least, new credit- introducing innovative financial the huge knowledge base available. In

8 9 FIGURE 2 can take a variety of forms, including What is meant by “open” innovation is building up international relations and a whole new mindset and a different establishing business partnerships to interaction mechanism between zero in on major initiatives. banks, fintech and stakeholders. It Similarly analysing the strategies all revolves around entering into of Italian banks with regard to collaboration schemes which will investments in Fintech and start- unleash new opportunities, reveal new ups, we would like to highlight markets and unearth new solutions. how the main banking groups have This vision rests on a new network implemented different solutions system in which a bank is seen to - dedicated investment funds be one part of a wider, extremely (both Italian and foreign), targeted powerful and interconnected investments directly in the capital ecosystem whereby information is of several start-ups and commercial shared and mutually acted upon with partnerships. Furthermore, we “third parties”. would also like to stress how bent Therefore, the bank serves as the players are on accelerating the core of a new model around which technological innovation process by various entities (fintechs, research using incubators to develop Fintech, centres, universities, accelerators and international observatories to identify incubators) gravitate and each one new initiatives and joint research-and- contributes with its own particular any case, it should be borne in mind generating a series of benefits and development activities. characteristics to create a flourishing that if we are to foster real banking new opportunities for consumers, but The banking sector proposes to environment and to trigger a virtuous innovation from a data-driven point of also for the entire sector of banking support a competitive innovative innovation cycle. view, we must not confine ourselves and financial services in Europe. single digital market, becoming an In order to keep tabs on this to (big)-data governance issues or It is worth noting, at this point, integral proactive part of a new immense complex and intricately other matters relating to technological that Italian banks are no strangers well-structured ecosystem which structured environment, ABI Lab (as evolution. We must focus on the to the world of Fintech. On the boasts a wealth of openings in instructed by ABI, the Italian Banking bigger picture and improved contrary, initiatives aimed at creating terms of relationships and business Association) has set up a special task organisational set-ups, management partnerships with the outside world opportunities, but it knows it has to force which will be working in these models and necessary skills will play a are ever on the rise. This trend was stay on top of all those factors that three main directions: large part in the process. clear to see from the ABI Lab 2018 ensure protection and security for • Sector-specific actions: identifying Lastly, keeping tabs on our current report showing to what extent consumers, so that customer trust in and promoting actions which will areas of technology (such as banks prioritised investments into the sector not only stays intact but hasten technological innovation in blockchain and DLTs, artificial technology. grows. the financial sector. This includes intelligence, open banking and robotic Indeed, as regards developing new Therefore, it is necessary for the building up relations with national and process automation) would appear to relations with companies from the financial ecosystem to set new international institutions (Ministry of be of vital importance in this context. financial sectors, startups and Fintech initiatives into motion which will help Economy and Finance, EBA, EC and In all of this, Fintech is helping us to (figure 2), over 60% of the banks have the sector to open up increasingly EBF) promote and cultivate new forms of already worked to create positive and it is contemplating the open- • Relations with the ecosystem: technological innovation and ways interaction and were aware of the innovation paradigm with acute setting up and empowering a of doing business which, in turn, is enormous advantages involved. These interest. discussion forum for all those involved

10 11 in the banking and fintech ecosystem; Observatory, the participating banks this includes entering into specific indicated Lending, Payments and relations and agreements with trade Wealthtech as areas to be prioritised associations, innovation hubs and and asked that specific in-depth accelerators investigations and competitive • Fintech Innovation Observatory: analysis be carried out. using an observatory to analyse and Numerous fintech firms focus on monitor the phenomenon and closely these precise areas, offering services examining all the major innovative which have a greater innovative slant fintech thrusts coming from Italy and than the traditional ones available elsewhere. on the market. Therefore, it could prove extremely useful for the banks The aim of the sector-specific actions to find out about new opportunities implemented by the task force is arising from this upcoming scenario to foster and hasten innovative so they can develop suitable business processes, technological development models and increase and tailor their and security in the Italian banking investments to hasten innovation. sector by stepping up analysis of Italian and worldwide regulations and legislation and promoting a carefully structured coordination process with Italian national and European institutions, the objective being to harmonise regulatory framework. With a view to achieving this aim, a survey has been launched which will ask banks to provide us with their opinion as to the positive and negative factors in the target legislation liable to either aid or hinder new services being actuated by Banks and Fintechs. Setting up discussion tables and formalising cooperation agreements with the most important associations from the world of fintech will be the first steps taken to create a sound efficient ecosystem (as well as being practical, robust, harmonious and effective). As regards the research activities conducted by the Fintech Innovation

12 13 ALPHABETICAL INDEX AVENURE BackToWork24 Via Pioda 8 Via dell’Annunciata 21 Lugano • Switzerland Milano • Italy

Giulio Massucci Fabio Bancalà AVENURE is an absolute privacy Ceo BacktoWork24 is the first system in Ceo company offering global and multi- Italy that offers innovative solutions platform encrypted communications to favor the investment of financial service with Peer-to-Peer voice Blockchain & Crypto resources and professional skills by Blockchain & Crypto calls, video calls, instant messaging, managers and investors, in small Lending Lending email services and, for a privacy companies and start-ups. The goal is without compromises, an ultra-secure Challenger Banks & PFM to create a virtuous circle able to foster Challenger Banks & PFM smartphone with hardened CertainOS. Equity Crowdfunding the flow of finance and know-how Equity Crowdfunding All communications are encrypted with to the real economy. BackToWork24 state-of-the-art end-to-end encryption, Reward & provides all the following services: Reward & tested and verified by top experts. No Donation Crowdfunding Club Deal, a Capital-raising instrument Donation Crowdfunding one, not even AVENURE, knows the Asset Management & through co-investment for companies Asset Management & users encrypting keys, and no user and high-potential start-ups; Equity data or call logs are traced or stored. Retail Investments Crowdfunding, online equity funding Retail Investments Users can also independently verify Payment solutions from private and institutional investors; Payment solutions the identity of their correspondents Open Banking Matching Deal, personalized path for Open Banking and the integrity of the communication companies looking for managerial channel. With headquarters based in Security & Compliance skills and capital, and for Investors- Security & Compliance Switzerland, and excellent cosmopolitan Insurtech managers looking for new investment Insurtech team, the company offers complete Tax Management opportunities; Advisory and Open Tax Management solutions for secure communication, in Innovation. order to guarantee total confidentiality Fintech Research Fintech Research and absolute privacy. Others Others

www.avenure.com • active since www.backtowork24.com • active since 2016 2012

company/avenure-sagl • fund raised company/back-to-work-24 • fund raised € 550 K (seed round) avenure backtowork24 • number of employees • number of employees 6 33

• geographies • geographies Avenure_world GLOBAL backtowork24 I

16 17 Banksealer Billte Via Giovanni Durando 39 Soodmattenstrasse 2, Adliswil Milano • Italy Zurich • Switzerland

Alvise Biffi Andrea Girasole Banksealer is a Fintech company Ceo Billte serves as a bridge between Ceo providing a semi-automatic decision companies and consumers for bill system to timely identify frauds. Their payments. Its mission is to digitalize algorithms use the most advanced Blockchain & Crypto paper invoices and to automate the Blockchain & Crypto machine learning techniques to billing chain for businesses. The firm Lending Lending indicate anomalous behaviours for focuses on the importance that clients each banking user with clearly readable Challenger Banks & PFM pay for services on time, creating a Challenger Banks & PFM explanations. It can be installed easily Equity Crowdfunding tool that facilitates the management Equity Crowdfunding either as a stand alone application or of delayed payments. Billte takes as a plug-in tool, reinforcing existing Reward & this weight off your shoulders and Reward & antifraud programs and reducing the Donation Crowdfunding strengthens your relationship with Donation Crowdfunding number of false positives. The main Asset Management & consumers. It collects all your bills Asset Management & features are flexibility, adaptability and in one place. It organizes them into customization. The company is a spin- Retail Investments categories and reminds you to pay Retail Investments off of Politecnico di Milano. Their team Payment solutions on time. Are you short on money this Payment solutions is composed by Researchers, Software Open Banking month? No problem! Billte enables Open Banking Engineers, experts in Cyber Security you to forward bills to your parents, and Software Architects. The company Security & Compliance split them among friends, or get a Security & Compliance has been a finalist at IT Security Insurtech credit. The Company has been chosen Insurtech Rockstars, and at Fintech Lombardia Tax Management out of 250 worldwide companies to Tax Management Competition (2017), and the winner of participate at the F10 P2 Accelerator the Digital 360 Awards in the Banking Fintech Research Program. Fintech Research Category. Others Others

www.banksealer.com • active since www.billte.ch • active since 2016 2017

company/banksealer • fund raised company/billte • fund raised CHF 450 K billteapp • number of employees • number of employees

8 billteapp 8

• geographies • geographies banksealer I I, CH

18 19 Blender BlockchainLab Aviv Tower, 7 Jabotinsky St. Via Timavo 34 Ramat-Gan • Israel Milano • Italy

Gal Aviv Giacomo Zucco Blender is a global e-lending platform Ceo Blockchain Lab is the place where the Ceo that provides cross-border lending strongest community of blockchain services. Blender operates as a experts is nurtured, hence providing direct lender or as a cross-border Blockchain & Crypto enterprises with the skills to understand Blockchain & Crypto marketplace. Blender aims to become and use this technology. The project Lending Lending vastly common global consumer consists of construction of a center lending channel, where people across Challenger Banks & PFM of excellence globally on blockchain Challenger Banks & PFM the globe will be able to apply for a Equity Crowdfunding technologies. The lenders of the project Equity Crowdfunding loan through one single mobile app. will get a complete and constantly Other than its own activity, Blender Reward & updated mapping of all the most Reward & also provides White Label Solutions to Donation Crowdfunding promising technologies, the most Donation Crowdfunding banks and financial institutions around Asset Management & innovative startups and the most Asset Management & the world seeking to upgrade their competent experts in this still young old fashion retail lending systems to Retail Investments industry and difficult to monitor, and Retail Investments new, efficient state-of-the-art systems. Payment solutions may also request confidential files Payment solutions Blender is currently active in Italy, Israel Open Banking and intelligence on everything that Open Banking and Baltics, and expanding to Asia and happens to internal universe blockchain, Latin America in the near future. In Security & Compliance access to prototypes and experimental Security & Compliance Europe, we operate under our recently Insurtech products and participate directly in Insurtech acquired Electronic Money Institution Tax Management venture investments in start-up. Tax Management License (the same license used by PayPal, AMEX, Facebook). Fintech Research Fintech Research Others Others

blender.loans • active since www.blockchainlab.it • active since 2014 2015

company/blender-loans • fund raised company/blockchainlabit • fund raised $ 21 M blender.co.il blockchainlabit • number of employees • number of employees 25 10

• geographies • geographies Global blockchainlabit I, CH

20 21 BorsadelCredito.it CharityStars Via Bernardino Lanino 5 Via Serafino dell’uomo 7 Milano • Italy Milano • Italy

Ivan Pellegrini Francesco Nazari Fusetti BorsadelCredito.it is the 1st peer to peer Ceo CharityStars is a groundbreaking Ceo lending platform for SMEs. fundraising platform for nonprofit The platform has managed the credit organizations that offers one requests of over 15 thousand companies Blockchain & Crypto destination for all - Auctions, Buy Blockchain & Crypto in the first three years of life, and firms Now, Sweepstakes and Event/Gala Lending Lending can find thousands of lenders willing to Technology. It works with charities, invest in the real economy on it; with Challenger Banks & PFM influencers, brands and individuals. Challenger Banks & PFM a big plus: if the request is successful, Equity Crowdfunding Their goal is to make giving fun and Equity Crowdfunding the company gets the money in 3 rewarding. Winners get the chance to days. The main advantage for lenders Reward & live a dream, celebrities, brands and Reward & is having high returns, with minimums Donation Crowdfunding private donors support causes they Donation Crowdfunding fees and risks, thanks to the extreme Asset Management & are passionate about, and charities Asset Management & diversification applied, the careful spend less time fundraising and more and innovative selection of projects Retail Investments time creating positive change. The Retail Investments and the cover of a guarantee funds. Payment solutions company has worked with + 1000 Payment solutions Furthermore, the process is totally, Open Banking celebrities and brand partners such as Open Banking paperless, transparent, rapid, without Jessie J, Valentino Rossi, Andy Murray, time constraints and the loan term is Security & Compliance James Blunt, Vivienne Westwood, Security & Compliance between 12 and 60 months. Insurtech Vanity Fair and Redbull, as well as +450 Insurtech Tax Management foundations such as Special Olympics, Tax Management Save the Children, Make-A-Wish, WWF. Fintech Research To date, it has fundraised over $9.5 Fintech Research Others million for charity. Others

www.borsadelcredito.it • active since www.charitystars.com • active since 2013 2013

company/borsadelcredito-it • fund raised company/charitystars • fund raised € 4,5 M $ 3,9 M BorsadelCredito.it /charitystars • number of employees • number of employees

16 charitystars 18

• geographies • geographies BorsadelCredito I CharityStars I, USA

22 23 Circle Claider White Collar Factory, 1 Old Street Largo Augusto 1 London • UK Milano • Italy

Any claim, without pain.

Jeremy Allaire Francesco Bertani Circle is on a mission to make it Ceo Claider is the new insurance claims Ceo possible for everyone, everywhere to digital assistance that save 97% of create and share value. We’re building costs. a new kind of consumer finance. Unlike Blockchain & Crypto Claider App offers to insured people Blockchain & Crypto existing systems that are closed and a revolutionary user experience: Tap Lending Lending proprietary, we use open internet & Claim. It assists, writes and send the standards and protocols, including Challenger Banks & PFM claims. It offers 1,600 tips in 140 claim Challenger Banks & PFM blockchain technology, to build our Equity Crowdfunding scenarios for any claim, any policy, any Equity Crowdfunding products. insurance. We’ve already made sending money Reward & The Web App ClaiderNET is an Reward & around the world free and as easy as Donation Crowdfunding insurtech CRM as a service connected Donation Crowdfunding sending a text with Circle Pay. With Asset Management & to the apps. It optimises the job of Asset Management & Circle Trade, we’re market makers for all the claim handlers: intermediaries, the top crypto currencies and offer Retail Investments building managers, fleet managers, loss Retail Investments OTC trading services. Now, we’re Payment solutions adjusters, city managers. It’s GDPR and Payment solutions expanding our offerings by building a Open Banking IDD compliant with web services for Open Banking cryptocurrency investment product to data exchange. Coming soon: policies enable anyone to buy and sell Bitcoin, Security & Compliance mobile payment, smart OCR data Security & Compliance Ethereum and other crypto assets. Insurtech updating, video and remote adjusting, Insurtech What does that mean for the global Tax Management customised policies quotations, voice Tax Management economy? It’s more open. More claim. inclusive. And more empowering. Fintech Research Fintech Research Others Others

www.circle.com/it • active since business.claider.net, claider.net • active since 2013 2016

company/circle-internet-financial • fund raised company/claider • fund raised $ 246 M € 2,5 M circle AppClaider • number of employees • number of employees

circlepay 476 app_claider 12

• geographies • geographies circlepay Global appclaider I

24 25 Conio Conversate 405 Howard Street Via Calabiana 6 San Francisco • USA Milano • Italy

Vincenzo Di Nicola Alessandro Vitale Founded in 2015 by Christian Miccoli Ceo Conversate is an Artificial Intelligence Ceo and Vincenzo Di Nicola, Conio has platform to build powerful chatbots developed the first Italian mobile to enhance customer experience and e-wallet for bitcoin trading, based on Blockchain & Crypto engagement. Its innovative Natural Blockchain & Crypto one of the most innovative security Language Understanding platform Lending Lending technologies in the world. The Conio powers high quality chatbots and Bitcoin Wallet is designed for any type Challenger Banks & PFM natural language interfaces. The Challenger Banks & PFM of user and allows to purchase, sell, Equity Crowdfunding platform provides the best practices to Equity Crowdfunding hold, send and receive bitcoins directly develop, manage and scale advanced on your smartphone. Users may access Reward & conversational interfaces. All resources Reward & their “smart-wallet” via a mobile app Donation Crowdfunding are automatically versioned, giving Donation Crowdfunding designed and developed with the Asset Management & transparency on what has been deployed Asset Management & specific goal of simplifying a world that in each environment and enabling is often still too complicated for the Retail Investments rollbacks. With regression tests chatbot Retail Investments general public. All it takes to start using Payment solutions performance during development Payment solutions the Conio Bitcoin Wallet is to download Open Banking and improvement cycles are ensured. Open Banking the app on your smartphone (available Conversate Platform generates large for Android and iOS). It immediately Security & Compliance datasets from few examples, making it Security & Compliance allows you to check the exchange value Insurtech possible to use state of the art algorithms Insurtech of the cryptocurrency and the content Tax Management that are data hungry since the beginning Tax Management of your wallet. of the project. The platform is available as Fintech Research Cloud SaaS, both multi-tenant and single- Fintech Research Others tenant, and On-Premises. Others

www.conio.com • active since www.conversate.eu • active since 2015 2016

company/conio • fund raised company/conversate • fund raised $ 7 M ConioHQ • number of employees • number of employees

conio 15 10

• geographies • geographies conio I, USA conversate_eu I, UK

26 27 Coverholder Credimi Centro Direzionale Milanofiori, Strada 4 Via Filippo Turati 29 Palazzo Q5 Assago Milano • Italy Milano • Italy

Feliciano Lombardi Ignazio Rocco Di Coverholder is an Insurtech that aims Ceo Credimi is a lending platform in Milan, Torrepadula to simplify, integrate and customize Italy, dedicated to Italian companies Ceo the insurance brokerage process. of any size, which makes the financing Founded by professionals with decades Blockchain & Crypto of invoices quicker, simpler and more Blockchain & Crypto of experience in the underwriting (re) transparent than any other alternative Lending Lending insurance sector and in the wholesale available. Trade credits can be paid in placing broker segment. Key element Challenger Banks & PFM advance online and cleared quickly, Challenger Banks & PFM is the proprietary web platform that, Equity Crowdfunding without sending documentation and Equity Crowdfunding through the optimization of the without leaving the office. Credimi’s intermediary user experience, makes Reward & funding creates additional resources Reward & insurance subscription possible in a few Donation Crowdfunding for business growth, making the Donation Crowdfunding simple steps for the benefit of insurers Asset Management & management of working capital faster, Asset Management & and brokers. Through an algorithms more effective and cheaper than system and functions integrated, it Retail Investments traditional banks and factors. It was Retail Investments has been possible to obtain efficiency, Payment solutions formed by a team of professionals Payment solutions drastically reducing the time required Open Banking with experience in finance, technology, Open Banking for listing and issuing the policy. risk management and business Services are designed to facilitate Security & Compliance administration, as well as a group of Security & Compliance multi-channel integration and to allow Insurtech equity investors, including some of Insurtech insurance intermediaries a streamlined Tax Management entrepreneurs in Italy. Tax Management “end-to-end” management of the entire supply chain. Fintech Research Fintech Research Others Others

www.coverholder.it • active since www.credimi.com • active since 2016 2015

company/coverholder • fund raised company/credimi-s.p.a. • fund raised € 8 M coverholder credimiPMI • number of employees • number of employees 10 35

• geographies • geographies coverholder I, UK credimipmi I

28 29 Credit Data Research Crowdestate 16 Brune Street / Coppergate House Müürivahe 17-2 London • UK Tallinn • Estonia

Carlo Spagliardi Loit Linnupõld Credit Data Research (CDR) provides Ceo Italy Crowdestate is a real estate financing Ceo innovative tools for SMEs to enhance platform, which offers its members their access to finance, to benefit from a variety of high-quality real estate better commercial terms by raising their Blockchain & Crypto investment opportunities. During 20+ Blockchain & Crypto credit profile and transparency, and years of investments and banking Lending Lending to leverage greater access to export experience the company has met markets. They use their market-leading Challenger Banks & PFM hundreds of clients who would prefer Challenger Banks & PFM expertise and a unique combination of Equity Crowdfunding investing into real estate rather than Equity Crowdfunding models to analyse a company’s financial in products pushed by their banks. data and credit behaviour, offering Reward & Unfortunately lack of time, knowledge Reward & credit assessments of superior accuracy Donation Crowdfunding and financing opportunities become the Donation Crowdfunding and predictive reliability. CDR’s Credit Asset Management & key obstacle to reach their investment Asset Management & Passport and allied services support dreams. Starting in 2014, Crowdestate SMEs as they meet the challenges of an Retail Investments enables everyone to invest in real Retail Investments everchanging credit environment and Payment solutions estate. The platform will create the Payment solutions as they move to access new sources of Open Banking access to investments that have never Open Banking credit. been available for ordinary people. Security & Compliance The company is empowering a large Security & Compliance Insurtech number of individuals to pool their Insurtech Tax Management money and invest in a single real estate Tax Management project. Fintech Research Fintech Research Others Others

creditdataresearch.com • active since crowdestate.eu/home • active since 2013 2014

company/credit-data-research • fund raised company/crowdestate-eu • fund raised

credit-data-research-italia crowdestate • number of employees • number of employees

UK 14, ITA 64 crowdestate.eu 8

• geographies • geographies Credit_Data_Res I, UK, FR, DEU, ES UK, I, EST, LV, LT, RUS, D

30 31 CrowdFundMe DeRev Via Legnano 28 Via dei Mille 1 Milano • Italy Napoli • Italy

Tommaso Baldissera Roberto Esposito CrowdFundMe is a platform where Ceo DeRev is a company focused on digital Ceo anyone can invest alongside strategies, crowdfunding and social professional investors in innovative media. As one of the leading sharing companies validated on the market, Blockchain & Crypto economy and audience engagement Blockchain & Crypto early stage startups or more mature startups in Italy and Europe it works on Lending Lending ones. Authorized and regulated by big data, civic and institutional projects, CONSOB, the company’s goal is to Challenger Banks & PFM culture and digital innovation, activism Challenger Banks & PFM develop good business ideas and offer Equity Crowdfunding and politics, inspiring his vision to the Equity Crowdfunding investors exciting new Italian companies digital social innovation. Included in to expand their investment portfolio. Reward & 2013 among Digital Democracy Leaders Reward & Investing in a startup or SME has Donation Crowdfunding by EU Parliament, listed in 2014 as the Donation Crowdfunding never been so easy: select the project, Asset Management & leading crowdfunding platform in Italy Asset Management & analyze the business plan and invest by Forbes, designated in 2016 by the directly from home. All the projects Retail Investments EU Commission as one of the most Retail Investments are accompanied by detailed business Payment solutions influential sharing economy platforms Payment solutions plans that show why investing, the Open Banking fostering people’ empowerment. With Open Banking achieved, the market of belonging and +6M followers on social media, DeRev future strategies. Security & Compliance was featured on 3500 articles by Security & Compliance Insurtech traditional and innovative media and Insurtech Tax Management stakeholders by different industries Tax Management wanted the company to be part of their Fintech Research initiatives. Fintech Research Others Others

www.crowdfundme.it • active since www.derevworld.com, www.derev.com • active since 2013 2012

company/crowdfundme-srl • fund raised company/derev • fund raised € 400 K € 1,55 M crowdfundme about.DeRev • number of employees • number of employees

6 derevofficial 18

• geographies • geographies crowdfundmeit I derevofficial Europe

32 33 dejamobile Deposit Solutions 4 Avenue de Cambridge Zirkusweg 1 Hérouville-St-Clair • France Hamburg • Germany

Houssem Assadi Ermanno Ciarrocchi Dejamobile is a Fintech and software Ceo Deposit Solutions is the provider of Ceo provider specialised in Mobile the leading Open Banking platform Transaction Services. It allows for deposits connecting banks and the implementation of proximity Blockchain & Crypto depositors across Europe. It allows Blockchain & Crypto communications and security banks to offer attractive third party Lending Lending technologies for mobile services in: deposit products to their own payment, transport ticketing, access Challenger Banks & PFM customers through their existing Challenger Banks & PFM control, gift cards, loyalty. Heart of Equity Crowdfunding accounts. As a result, banks looking Equity Crowdfunding its offer, ReadyToTap Payment, a for funding can gather deposits from mobile payment white-label solution Reward & new markets and client groups without Reward & based on HCE (Host Card Emulation) Donation Crowdfunding having to set up and operate their own Donation Crowdfunding and tokenization technologies. Asset Management & retail infrastructure, and depositors Asset Management & Compliant with Cloud-Based Payments can access best-in-class deposit offers specifications from CB, Pure, Visa and Retail Investments without having to open a new account Retail Investments MasterCard, it helps issuers build their Payment solutions at another bank. It has a long track Payment solutions own mobile wallet which allows in- Open Banking record of successfully working with Open Banking store, online, in-app and P2P payments banks across Europe and has already with the same user experience and Security & Compliance mediated deposits in excess of 8B Security & Compliance the same level of security. It combines Insurtech €. It employs a team of +200 highly Insurtech the most advanced technologies and Tax Management qualified and motivated staff based in Tax Management innovations (NFC, HCE, QR Code, Hamburg, Berlin, London and Zurich tokenisation, software security, Fintech Research and has local presences across Europe. Fintech Research biometric authentication, wearables). Others Others

www.dejamobile.com • active since www.deposit-solutions.com • active since 2012 2011

company/dejamobile • fund raised company/deposit-solutions-gmbh • fund raised € 2.5 M $ 150 M

• number of employees • number of employees 40 200 - 500

• geographies • geographies dejamobile Europe, MENA, S. Asia depositpioneers 15+ countries

34 35 Diaman Tech Domec S.p.A. Via R. Lombardi 14/4 7th Quattro Novembre Square Marcon (VE) • Italy c/o Copernico Blend Tower Milano • Italy

Michael Zanon Antonio Sorrentino Diaman Tech develops technological Ceo Domec is a Collaborative FinTech that Ceo solutions for the financial world to help develops innovative technologies in it professional investors to streamline payments and value added services their investment decision process, Blockchain & Crypto arena. With DOMEC Tools™, a Blockchain & Crypto reducing financial risks and discover proprietary cloud platform, it helps Lending Lending new opportunities in the financial its partners in digital transformation markets. Challenger Banks & PFM and payment innovation, through a Challenger Banks & PFM Equity Crowdfunding unique and comprehensive offer of Equity Crowdfunding value added services. It drives its Reward & partners from engineering to launch, Reward & Donation Crowdfunding in the creation, management and Donation Crowdfunding Asset Management & distribution of Closed Loop, Gift Cards, Asset Management & Loyalty, Incentive Programs, Smart Retail Investments Couponing Campaigns, Instant Win Retail Investments Payment solutions Contests, Private Marketplaces, Pin Payment solutions Open Banking Dispatching, Cashback Systems. With Open Banking an own product, Belooy that deals with Security & Compliance an advanced Card Linking System it is Security & Compliance Insurtech able to convey geo-localized loyalty Insurtech Tax Management programs, which creates new merchant Tax Management engagements for the Bank, value for Fintech Research merchants, savings and great UX for Fintech Research Others end customers. Others

diamantech.net • active since www.domecsolutions.com/it • active since 2012 2014

company/diaman-tech-s-r-l- • fund raised company/domec • fund raised € 170 K € 2,3 M exante.it Domecsolutions • number of employees • number of employees 4 27

• geographies • geographies softwareExante Europe domecsolutions I, Europe

36 37 Easy Tax Assistant Via Agostino Bertani 6 Milano • Italy

Daniele Pace EasyTax allows you to investigate what Ceo and how many fees you pay, including the list of tax breaks to which you are entitled. You can acquire and save all Blockchain & Crypto your expenses in a secure cloud and Lending you can check your tax thresholds and recover your documents at any time. Challenger Banks & PFM Are you a worker? Pay taxes regularly Equity Crowdfunding without knowing what, why and how much? Would you like to have a tool Reward & to help you understand how to reduce Donation Crowdfunding the tax burden? Easy Tax Assistant is Asset Management & the App designed especially for you: a virtual assistant that helps you to better Retail Investments manage your tax system in a simple and Payment solutions intuitive way and allows you to optimize Open Banking your tax savings. Security & Compliance Insurtech Tax Management Fintech Research Others

www.easytaxassistant.it • active since 2017

company/easytaxassistant • fund raised

easytaxassistant • number of employees

easytaxassistant 6

• geographies I

38 39 Ebury EPIC SIM S.p.A. Via Filippo Sassetti 32 Foro Buonaparte 12 Milano • Italy Milano • Italy

Juan Lobato Andrea Crovetto Ebury, the global finance specialist, Ceo Epic is the marketplace of the real Ceo is empowering businesses to trade economy specialised in minibonds, AIM smarter with the world. It works with listings and equity deals, private debt, +24000 businesses and organizations Blockchain & Crypto club deals. Blockchain & Crypto across Europe, North America, Asia, Epic’s fintech platform represents a Lending Lending providing a greater and faster access bridge between small and medium to finance, helping them to manage Challenger Banks & PFM enterprises (SMEs) and a selected Challenger Banks & PFM currency risk and strategically plan Equity Crowdfunding audience made of qualified professional Equity Crowdfunding their approach to overseas payments. investors. The platform enables the Ebury has traded £12.5B in foreign Reward & connection, discussion and exchange Reward & exchange over the past 3 years. It can Donation Crowdfunding of information, enhancing an ongoing Donation Crowdfunding process transactions in +140 currencies Asset Management & dialogue between SMEs and investors. Asset Management & – quickly and easily. Regulated as As a result, companies can find an an Electronic Money Institution by Retail Investments alternative source of funding for their Retail Investments the Financial Conduct Authority and Payment solutions growth projects, while investors gain Payment solutions backed by the most respected investors Open Banking access to a new asset class to enhance Open Banking in new technologies, it is a trusted their portfolios’ yield. partner to clients worldwide. It is a Security & Compliance Security & Compliance member of TechCityUK’s FutureFifty Insurtech Insurtech 2017 and the Deloitte UK Technology Tax Management Tax Management Fast 50 2017, which recognises the fastest growing UK based tech Fintech Research Fintech Research companies. Others Others

www.ebury.com, www.ebury.it • active since www.epic.it • active since 2009 2014

company/ebury • fund raised company/epic-sim • fund raised $ 119,3 M

• number of employees • number of employees 730 13

• geographies • geographies EburyUK Global EpicSIMNews I, F, UK, D, E, FIN, S, L

40 41 EU for SME Financing Euclidea Piazza velasca 5 Via Laura Solera Mantegazza 7 Milano • Italy Milano • Italy

Andrea Pinto Mario Bortoli EU for SME Financing, through the Ceo Euclidea SIM SpA is a FinTech startup Ceo Syndicated Credit Pooling Platform, providing investment services, for final aims at redistributing wealth from the customers, extremely cost-competitive financial to the real market, as direct Blockchain & Crypto thanks to technological state-of-the- Blockchain & Crypto credit to European SMEs that, even if art solutions. The firm is a fully-fledged Lending Lending bankable, do not find adequate sources management company and offers of financing through Banks. Challenger Banks & PFM investment services mainly through the Challenger Banks & PFM The Platform is the first “share to Equity Crowdfunding Internet. The company is part of the Equity Crowdfunding originate” model which does not wider Robo-Advisory trend, but different aim at disintermediating the Banks Reward & for an original marketing approach, and Reward & but rather use them as information Donation Crowdfunding for the 50-years experience accumulated Donation Crowdfunding brokers, allowing other Institutional Asset Management & by his three founders. The cost for the Asset Management & Investors to eventually substitute them final customer is extremely competitive in the financing. The Platform is the Retail Investments thanks to cutting-edge technological Retail Investments first alternative funding channel to Payment solutions solutions, a fluid organization and, above Payment solutions traditional lending supported by and Open Banking all, the elimination of intermediaries. Open Banking managed through the very same Banks. Euclidea has been designed as a scalable The Syndicated Credit Pooling Platform, Security & Compliance investment and support Platform offering Security & Compliance connecting SMEs, Promoting Banks and Insurtech its products and services through several Insurtech Institutional Investors through a single Tax Management distribution channels: Tax Management instrument, is the first platform “many- • D2C and B2B three-many” or “M3M”. Fintech Research • human and digital Fintech Research Others • direct and through partnerships. Others

www.eu4smef.eu • active since www.euclidea.com • active since 2018 2015

• fund raised company/euclidea • fund raised € 6 m EuclideaSIM • number of employees • number of employees 20

• geographies • geographies not yet EuclideaSIM I

42 43 EuroPass Finscience 197 Rue de Bercy Foro Buonaparte 71 Paris • France Milano • Italy

Guillaume De Roquefeuil Fabrizio Milano d’Aragona EuroPass is a digital solution, Ceo Finscience is an innovative data- Ceo developed inside WeChat (1° Social driven fintech company which enables Network in China with 1B users), the access to Alternative Data to committed to encouraging Chinese Blockchain & Crypto enhance Asset Management and Blockchain & Crypto travelers to experience the charm Financial Advisory, Investor Relations Lending Lending of European cultures providing and Corporate Communication, online tickets booking, original local Challenger Banks & PFM Financial Analysis and Family Offices, Challenger Banks & PFM experiences, exclusive VIP services Equity Crowdfunding ESG and CSR, Marketing and Sales Equity Crowdfunding among luxury brands all around actions. Through Artificial Intelligence Europe. It cooperates with various EU Reward & proprietary algorithms, FinScience Reward & based companies, luxury brands and Donation Crowdfunding enables to: select strong and weak Donation Crowdfunding cities as strategic partners. As a digital Asset Management & signals both regarding companies Asset Management & communication agency and a Payment and specific topics helpful to financial solution provider it creates certified Retail Investments decisions (long term alpha generation), Retail Investments WeChat accounts, define and set up Payment solutions build up alternative indexes (i.e. Payment solutions marketing and communication strategy Open Banking smart beta products) redefining Open Banking targeting Chinese FIT, offer online the traditional taxonomy, elaborate and “in-store” mob.payment solution Security & Compliance Portfolio Management models and Security & Compliance (WeChat Pay, Alipay and all the mobile Insurtech investment strategies on different Insurtech digital Chinese wallet) by handling all Tax Management financial assets leveraging both Tax Management transactions to allow you to accept alternative and financial data. payments in Yuan while collecting the Fintech Research Fintech Research payment in €/£/CHF. Others Others

europasschina.com/en • active since finscience.com/it • active since 2016 2017

• fund raised company/finscience-com • fund raised € 2 M € 1 M EuroPass.Paris • number of employees • number of employees 30 18

• geographies • geographies Global finscienceAI I

44 45 Freetrade GaiaGo 86-90 Paul Street Via Filippo Sassetti 32 London • UK Milano • Italy

Adams Dodds Giorgio Meszely Freetrade is a brokerage application Ceo Founded in April 2018, the company Ceo that offers free share dealing services. is specialized on iOT solutions in the A long-standing problem for individual automotive market. With more than novice investors with ambitions of Blockchain & Crypto 15 million of kilometers registered Blockchain & Crypto trading stocks and shares has always monthly by black boxes it can support Lending Lending been the brokerage fees. This barrier car dealerships, insurance companies, to entry is significant, as it forces Challenger Banks & PFM fleets and other players with a variety Challenger Banks & PFM participants to take position sizes of Equity Crowdfunding of personalized services: All in one Equity Crowdfunding £10,000+ to be able to effectively solutions, Strategic Choice Advisory, recoup the execution fees. Reward & Helpdesk and customer care solutions, Reward & The business model of Freetrade is Donation Crowdfunding Technical support, Mobile apps, System Donation Crowdfunding genuinely free in that dividends are Asset Management & integration, Process Consulting. Asset Management & retained by the investor. It’s now developing a community Freetrade.io generates profits through Retail Investments sharing service, regarding residential Retail Investments Alpha subscription service that allows Payment solutions car sharing and car sharing p2p. Payment solutions instant trades as opposed to trades Open Banking The platform will be able to suggest Open Banking being executed at the end of play at different mobility solution, instant and £10/month. Investors can also perform Security & Compliance on demand insurance products to the Security & Compliance instant trades without an Alpha Insurtech end user, generating added value for Insurtech subscription for £1 each transaction. Tax Management stakeholders. Tax Management Additionally, it rolls in other services such as an ISA for £3 per month Fintech Research Fintech Research without an Alpha subscription. Others Others

freetrade.io • active since www.gaiago.com/index.html • active since 2016 2018

company/freetrade • fund raised company/gaiago-s-r-l • fund raised £ 4.2 M getfreetrade • number of employees • number of employees

freetradeapp 26 4

• geographies • geographies freetrade Europe I

46 47 Gimme5 (AcomeA) GrowishPay Largo Donegani, 2, AcomeA SGR Via Filippo Sassetti 32 Milano • Italy Milano • Italy

Giovanni Brambilla Claudio Cubito Gimme5, the first Digital Moneybox in Ceo GrowishPay is the leading Italian social Ceo Italy gives everyone the opportunity payment scaleup. We offer e-wallet to access an efficient investment and based payment solutions for group saving product. It tears down all asset Blockchain & Crypto payments, omni channel gift registry, Blockchain & Crypto management’s barriers and provides close-loop payments, cash back and Lending Lending the opportunity to save and invest loyalty, via API, SDK and SaaS to for the future without giving up on Challenger Banks & PFM sharing economy, retail, e-commerce, Challenger Banks & PFM hopes, dreams or needs. No hassles, no Equity Crowdfunding travel, schools, financial institutions and Equity Crowdfunding minimum threshold, no financial jargon. more allowing an easy, fast, hassle- Different goals can be set and reached Reward & free open banking integration. Create Reward & by saving and investing automatically Donation Crowdfunding e-wallets, manage money, cash back, Donation Crowdfunding without constrictions. The service Asset Management & split payments, escrow, close-loop Asset Management & stems from an initiative of AcomeA payment, enable social sharing and SGR: an asset management company Retail Investments notifications. White label, ready-to- Retail Investments independent of banking groups which Payment solutions use, including customer support. PCI Payment solutions has +50000 customers and around Open Banking Compliant and Bank Grade Security. Open Banking 1.7B€ assets under management. KYC, identification and anti-money This segment is usually unserved by Security & Compliance laundering in accordance with EU Security & Compliance traditional banks given their cost Insurtech regulations. No financial management Insurtech structure and business model. Gimme5 Tax Management at your expense. Advanced fraud Tax Management counts +180000 downloads and prevention system. Payments by credit +30000 active users with over 23M€ Fintech Research card, bank transfer, Sepa Direct Debit, Fintech Research saved and invested. Others P2P and also at stores. Omnichannel. Others

5gimme5.acomea.it/g5 • active since growishpay.com • active since 2015 2014

company/gimme5 • fund raised company/growish • fund raised € 1.2 M 5gimme5 growishapp • number of employees • number of employees 12 10

• geographies • geographies gimme5app I growishcom I, UK

48 49 HiPay House4Crowd.it Via Cosimo del Fante 4 Via Giuseppe Mengoni 4 Milano • Italy Milano • Italy

Grégoire Bourdin Francesco Chechile HiPay is a global payment provider. We Ceo House4crowd.it is a real estate equity Ceo believe that payment goes beyond the crowdfunding platform that digitalizes processing of transactions. Thanks to a real estate investments. It allows unique and flexible platform, we allow Blockchain & Crypto anyone to make investments starting Blockchain & Crypto our merchants to get more value from from €500 in a property with higher Lending Lending their payment data, whatever the sales market returns. Investors can build channel. We help our clients to optimize Challenger Banks & PFM their own portfolio choosing among Challenger Banks & PFM their conversion rate, increase their Equity Crowdfunding different types of property asset. They’ll Equity Crowdfunding revenue and create unique purchasing receive a yield from rental income experience. Reward & after the deduction of operating costs Reward & Donation Crowdfunding and a yield from sale proceeds when Donation Crowdfunding Asset Management & the property is sold. Each property is Asset Management & valuated by a 3rd party professional Retail Investments team supported by big data, location Retail Investments Payment solutions intelligence analysis to offer the best Payment solutions Open Banking deal to investors. Investors have online Open Banking private area to track how investments Security & Compliance are performing. H4C does the hard Security & Compliance Insurtech work, sourcing properties, making Insurtech Tax Management all documental and technical due Tax Management diligence, so that anyone can get the Fintech Research benefit of being a landlord. Fintech Research Others Others

hipay.com/it • active since house4crowd.it • active since 2001 2018

company/hipay • fund raised company/house4crowd • fund raised

house4crowd.it • number of employees • number of employees 180

• geographies • geographies hipay GLOBAL house4crowdinfo I

50 51 Housers Hype Calle Alcalá 44, 6ª Planta Via C. Sella Madrid • Spain Biella (BI) • Italy

Giovanni Buono Antonio Valitutti Housers is a crowdfunding platform Ceo Italy HYPE’s history begins in 2014, within General Manager that enable individuals to invest in real the Banca Sella Group as a new venture, estate projects. Investors can receive designing a new concept of banking the monthly income from rents and Blockchain & Crypto services, with the aim of simplifying Blockchain & Crypto capital gains by the revaluation of the management of money in everyday Lending Lending the property. The bespoke platform life. HYPE, the first challenger bank of is designed for people who want to Challenger Banks & PFM the Italian scene that sets a new way Challenger Banks & PFM be in control of their investments Equity Crowdfunding to manage money making it easier Equity Crowdfunding and see real returns. Once they sign to control expenses, purchases and up, users can receive information Reward & savings, all through a smartphone Reward & about opportunities, promotions and Donation Crowdfunding application, was launched in 2015 Donation Crowdfunding have access to the entire community Asset Management & inaugurating a path of innovation and Asset Management & (+100K users). The company studies all constant growth that lead HYPE to proposals and conducts comprehensive Retail Investments reach 100.000 active Customers in Retail Investments selection controls before offering their Payment solutions 2017 and 500.000 Customers in 2018, Payment solutions clients with just 1 out of 50 projects Open Banking affirming as a leader in the increasingly Open Banking analyzed. Launched in 2015, the promising fintech market. company is headquartered in Madrid, Security & Compliance Security & Compliance Spain. Insurtech Insurtech Tax Management Tax Management Fintech Research Fintech Research Others Others

www.housers.com • active since www.hype.it • active since 2015 2014

company/housers • fund raised company/hypeapp • fund raised $ 5.4 M HousersCOM Hype.MoneyIsJustaTool • number of employees • number of employees

housers_it 61 hypeapp 30

• geographies • geographies housers_en I, E, P hype_tw I

52 53 Indigo Kellify Via Torino 61, Via XII Ottobre 2/92 Milano • Italy Genova • Italy

Gianluca Maruzzella Francesco Magagnini Indigo is an artificial intelligence Ceo Kellify is a venture-backed AI company Ceo platform that allows companies using artificial intelligence to search to automate communication with for correlation between stakeholders’ their users in chat. Using chatbot Blockchain & Crypto behaviours and their impact on Blockchain & Crypto and machine learning, Indigo allows everyday events to optimally pair Lending Lending your business to communicate market-moving information with asset with customers in an immediate, Challenger Banks & PFM prices. The company is focused on the Challenger Banks & PFM personalized and efficient way. Equity Crowdfunding challenge of extracting investment Equity Crowdfunding Companies will be able to: support value from massively complex data. customers, answering in chat to Reward & Kellify puts the power of AI into Reward & any request for assistance of users, Donation Crowdfunding the hands of today’s weightest Donation Crowdfunding automatically and in real time - Asset Management & trading desk in the world delivering Asset Management & wherever they are and at any time; actionable game-changing insights simplify the user experience, allowing Retail Investments on unconventional assets such as fine Retail Investments customers to ask and interact with Payment solutions art, collectibles, wine, sport events, Payment solutions products and services via chat as Open Banking commodities, and property. Kellify is Open Banking easily as texting a friend; get your committed to the idea that Artificial audience’s attention, starting private Security & Compliance Intelligence and Big Data can and Security & Compliance and personalized conversations with Insurtech should be used to better understand Insurtech customers and automatically sending Tax Management our oldest and most complex human Tax Management content of interest over time. systems including economic systems Fintech Research and unrelated markets. Fintech Research Others Others

ndg.ai • active since www.kellify.com • active since 2016 2017

company/indigo-ai • fund raised company/kellify • fund raised € 500 K $ 2,33 M hello.ndg • number of employees • number of employees 9 12

• geographies • geographies I KellifyAI Global

54 55 Kubique Lendix Via Monte Peloso 37 Via Fatebenefratelli 20 Roma • Italy Milano • Italy

Alessandro Grande Sergio Zocchi Kubique is a FinTech company who Ceo Lendix is the 1st SME lending platform CEO Italy is reimaging b2b and collaboration in France and continental Europe. It between banks and companies operates in France, Spain and Italy through innovative digital services Blockchain & Crypto and before the end of the year in Blockchain & Crypto and platforms. Kubique’s founders Germany and Netherlands. Lendix Lending Lending are managers and entrepreneurs with enables SMEs to borrow directly from pluriennal experience in automotive, ICT Challenger Banks & PFM individual and institutional lenders Challenger Banks & PFM and banking. At the heart of the vision Equity Crowdfunding without going through banks. Lenders Equity Crowdfunding is the belief that digital technologies invest their savings usefully and enable a better flow of information, Reward & profitably to facilitate the funding of Reward & documents and payments, and that Donation Crowdfunding the real economy whilst businesses Donation Crowdfunding this is the key for creating faster, more Asset Management & find new, simple and effective sources Asset Management & seamless and more effective B2B of finance independently of banks. In services. The company’s solutions Retail Investments 2017, Lendix is ranked in the KPMG Retail Investments include: LendingPlace, Data Analytics Payment solutions and H2 Ventures Fintech100 for the Payment solutions and Scenario Planning and Document Open Banking second consecutive year and is backed Open Banking Management Services and Systems; amongst others by Partech Ventures, Kubox: the ultimate integration Security & Compliance CNP Assurances, Matmut and Decaux Security & Compliance platform that consolidates companies’ Insurtech Frères Investissements. Insurtech systems and our applications into one Tax Management Tax Management central hub, allowing the development of new Enterprise-level solutions. Fintech Research Fintech Research Others Others

kubique.com • active since it.lendix.com • active since 2014 2014

company/kubique-spa • fund raised company/lendix-italia • fund raised $ 309.5 M lendix.it • number of employees • number of employees 15 98

• geographies • geographies kubique_it I lendix.it I, F, E, D, NL

56 57 Lita.co Mailcoding Via Filippo Sassetti 32 Via Emilia Ovest 698 Milano • Italy Modena • Italy

Eva Sadoun Giorgio Tinti LITA.co is the first equity crowdfunding Ceo Mailcoding is your Digital Identity. It’s Ceo portal specializing in impact investing a web-based service that gives you that brings together common and a personal and customizable code to professional investors with companies Blockchain & Crypto connect your name, email address, Blockchain & Crypto that aim to generate a positive social phone number, social accounts, Lending Lending and environmental impact, along with web sites, and so on. Mailcoding’s a financial return. LITA believes in Challenger Banks & PFM mission is to simplify personal Challenger Banks & PFM investors’ growing inclination to take Equity Crowdfunding information exchange, helping people Equity Crowdfunding extra-financial criteria into account in connections all over the world in their investment choices, and the aim Reward & a fast and unequivocal way. Stop Reward & is to reconcile the needs of ethical Donation Crowdfunding misunderstanding exchanging personal Donation Crowdfunding investors with the financial needs of Asset Management & informations between people that using Asset Management & social entrepreneurs. The platform different alphabet, stop need to change proposes an alternative to traditional Retail Investments own business card and stop difficulties Retail Investments investments, generally not very Payment solutions in collecting business cards during fairs Payment solutions transparent with respect to the social Open Banking and business meetings. Mailcoding, Open Banking and environmental consequences that for the fintech business, aims to they imply. By creating your account on Security & Compliance simplify the management of company Security & Compliance the website, common and professional Insurtech customers’ master data granting always Insurtech investors can invest in projects with Tax Management up to date information under a secure Tax Management a social and environmental impact and compliant environment with less starting from € 100! Fintech Research effort for the company itself. Fintech Research Others Others

it.lita.co • active since www.mailcoding.com • active since 2014 2015

company/lita.co • fund raised company/mailcoding • fund raised € 2.2 M € 250 K LlTA.co_italy mailcoding • number of employees • number of employees

lita.co_ 30 mailcoding

• geographies • geographies litaco_italy I, F, B mailcode I

58 59 MamaCrowd Mangrovia Via Timavo 34 Corso Venezia 54 Milano • Italy Milano • Italy

Dario Giudici Alfredo Giardina Mamacrowd is the first Italian equity Ceo Mangrovia Blockchain Solutions is a Ceo crowdfunding platform for capital software house specialising in applied raise and is managed by SiamoSoci, cryptography technology, but that’s a leading company in the matching Blockchain & Crypto not all. Apart from offering full-suite Blockchain & Crypto between investors and the unlisted services spanning Consulting, Smart Lending Lending world. Thanks to Mamacrowd it is Contract development to Tokenization possible to invest completely online Challenger Banks & PFM Models, we are currently growing very Challenger Banks & PFM in innovative companies (SMEs and Equity Crowdfunding specific blockchain business units from Equity Crowdfunding startups) preselected by a network of the ground up. These range between accelerators and incubators, expert Reward & a variety of industries, such as Energy, Reward & partners, promising companies that Donation Crowdfunding Fintech, Logistics, Supply Chain, Food Donation Crowdfunding already bill and innovative businesses Asset Management & Distribution, Crypto Gaming, and Art. Asset Management & validated by the market. Mamacrowd Of the above, notable are the current is the 1st Italian platform to have Retail Investments efforts by our Fintech division on a Retail Investments exceeded 10M of capital raised, 1st Payment solutions trading platform that will aggregate the Payment solutions Italian platform with over 1M funded Open Banking different marketplaces in the crypto Open Banking campaigns. In the first half of 2018 it industry. Some divisions have also gone collected more than the whole of 2017; Security & Compliance on to become autonomous companies, Security & Compliance About 90% is the success rate of the Insurtech namely, Energy (Prosume) and Crypto Insurtech published campaigns. Tax Management Gaming (Cyberdeck). Tax Management Fintech Research Fintech Research Others Others

mamacrowd.com • active since mangrovia.solutions • active since 2016 2018

company/mamacrowd • fund raised company/mangroviasolutions/ • fund raised € 4,2 M mamacrowdcom • number of employees • number of employees

mamacrowdcom 11 25

• geographies • geographies mamacrowdcom I EUROPE

60 61 MEDICI modefinance PO Box 473944 Area Science Park, Padriciano 99 Charlotte • USA Trieste • Italy

Aditya Khurjekar Mattia Cipriani MEDICI is a Global research and Ceo modefinance is a Fintech Rating Ceo advisory firm that support innovation Agency, certified by ESMA, specialized and strategy departments of top in developing digital solutions for risk Financial Institutions. MEDICI partners Blockchain & Crypto assessment and management. Thanks Blockchain & Crypto with FinTech startups by providing to its Data Science and AI-based MORE Lending Lending opportunities to showcase their methodology (Multi Objective Rating leadership in emerging technologies or Challenger Banks & PFM Evaluation), modefinance provides Challenger Banks & PFM new experiences through their various Equity Crowdfunding accurate and transparent credit risk Equity Crowdfunding media channels, their global incubator/ analyses of any company or financial accelerator partnerships, and their Reward & institution worldwide. Reward & exclusive MEDICI Top 21 FinTech awards Donation Crowdfunding modefinance technology solutions allow Donation Crowdfunding covering every region of the world. Asset Management & users to easy and deeper access all the Asset Management & If you are a growing FinTech startup public financial data and information, MEDICI will provide you just the right Retail Investments and are provided with a powerful array Retail Investments tools, positioning with the perfect Payment solutions of risk analysis tools for the automation Payment solutions audience, and contextual exposure in Open Banking of evaluation procedures. The company Open Banking the FinTech ecosystem to amplify your counts key market players across company’s message and showcase your Security & Compliance different countries among its clients, Security & Compliance product and proposition. Insurtech including insurance companies, Insurtech Tax Management banks, corporates, holdings as well as Tax Management institutions. Fintech Research Fintech Research Others Others

gomedici.com • active since www.modefinance.com • active since 2013 2009

company/gomedici • fund raised company/modefinance • fund raised $ 1.8 M € 1.4 M gomedici modefinance • number of employees • number of employees 50 21

• geographies • geographies goMEDICI GlobaL modeFinance Global

62 63 MoneyFarm Moneymour 90-92 Pentonville Road Via Angelo della Pergola 7 London • UK Milano • Italy

Giovanni Daprà Giacomo De Lorenzo Moneyfarm is a digital wealth manager Ceo Moneymour is a payment method Ceo that provides a unique combination providing instant loans for online of simple investment advice and purchases: when choosing to pay discretionary management to help Blockchain & Crypto through Moneymour, the customer Blockchain & Crypto people grow their wealth over time. can buy now and pay later. The Lending Lending Launched in 2011 and headquartered credit decision is traditionally manual in the UK, it simplifies investments and Challenger Banks & PFM almost exclusively based on the Challenger Banks & PFM offers advice on diversified portfolios Equity Crowdfunding customer’s credit history: this causes Equity Crowdfunding to deliver sustainable growth through a slow process and imperfect results. a range of asset classes. Operating Reward & Moneymour enriches traditional data Reward & through an online platform, its Donation Crowdfunding by connecting to the customer’s the Donation Crowdfunding approach to investment combines Asset Management & bank account and social accounts, and Asset Management & human empathy, financial expertise with the algorithm takes a more informed the efficiency of technology to deliver Retail Investments decision in a few seconds. Retail Investments cost-effective advice and investment Payment solutions This way they are helping customers Payment solutions solutions to every user. Open Banking demonstrate their creditworthiness Open Banking Regulated by the FCA, it is a fast even if they don’t have a credit history, growth company with +30000 active Security & Compliance doing so with an innovative user Security & Compliance investors and is well backed having Insurtech experience. Insurtech secured close to £60M in capital. The Tax Management Tax Management company led by Paolo Galvani and Giovanni Daprà, counts 90 qualified Fintech Research Fintech Research background professionals. Others Others

www.moneyfarm.com • active since www.moneymour.com • active since 2011 2018

company/moneyfarm • fund raised company/moneymour • fund raised $ 82.9 M moneyfarm moneymour • number of employees • number of employees

moneyfarm 90 18

• geographies • geographies MoneyFarmUK I, UK moneymour_com I

64 65 Motusquo My Credit Service Parco tecnologico ComoNext, Via Trezzo 34 Via Cavour 2 Venezia • Italy Lomazzo (CO) • Italy

Giorgio Martelli Enzo Sisti MotusQuo is a p2p lending platform Ceo MyCreditService is a fintech that has Ceo that connects lenders with borrowers developed the first invoice management cutting out intermediaries, creating solution, it allows companies to manage a fair market and money for all. A Blockchain & Crypto the entire working capital cycle, from Blockchain & Crypto highly automated, fast and easy to use factoring to collection. The platform Lending Lending platform and APP, where investors can integrates advanced functions of risk create a profile and find investment Challenger Banks & PFM analysis, with credit management Challenger Banks & PFM opportunities. Are you looking for Equity Crowdfunding tools, an invoice trading marketplace Equity Crowdfunding a loan? With Motusquo you can with AI based credit valuation, up to get it from real people: no banks or Reward & the management of a series of actions Reward & intermediaries. From 1.000 to 25.000 Donation Crowdfunding aimed at improving credit collection. Donation Crowdfunding euros: always advantageous rates for a Asset Management & The platform provides the integration Asset Management & fast and transparent credit, tailor-made with the company schedule, allows a for you. Invest with MotusQuo and Retail Investments control panel to be launched, where the Retail Investments grow your savings, competitive returns Payment solutions status of the company receivables is Payment solutions and low risk are ensured. Manage Open Banking displayed with the risk profile based on Open Banking your investments in total freedom, rating classes, a complete view of the completely online and with competitive Security & Compliance credit picture and an updated company Security & Compliance commissions. On MotusQuo you are Insurtech rating through a proprietary dynamic Insurtech always the one who choose. Tax Management rating algorithm. The companies can Tax Management sell their credit using the integrated Fintech Research marketplace. Fintech Research Others Others

www.motusquo.it/index.php • active since mycreditservice.com • active since 2014 2014

company/motusquo • fund raised company/credit-service-s-r-l • fund raised € 900 K € 500 K motusquo • number of employees • number of employees 7 4

• geographies • geographies hashtag/motusquo I I

66 67 MyGDI MyPass B.go della Salnitrara 8 Via San Francesco da Paola 18 Parma • Italy Torino • Italy

Duilio Borettini Guia Paganini MyGDI® is a digital safe. With MyGDI® Founder & Ceo MyPass is an Italian company, Ceo you can create, defend and enhance founded in 2014, which deals with the the Global Digital ldentity (personal development of new technologies for data, financial and/or commercial Blockchain & Crypto access and payment at museums, car Blockchain & Crypto informations) of a private or legal parks, water parks, ski slopes, spas, Lending Lending entity. MyGDI® is built on a top- cinemas and many other places. Is the level technology and allows easy Challenger Banks & PFM most advanced interoperable solution Challenger Banks & PFM interoperability via API. The built- Equity Crowdfunding of identification, access, and payment Equity Crowdfunding in machine learning system and on the market. It lets you jump the line the software’s artificial intelligence Reward & in different circumstances. MyPass uses Reward & capabilities can enrich the data of Donation Crowdfunding an innovative proprietary technology Donation Crowdfunding every Global Digital ldentity. MyGDI® Asset Management & that allows the user to directly access Asset Management & aims to assist private or legal entities the entrance gates of the approved through the professional advice given Retail Investments structures and avoid going to the cash Retail Investments by an identity officer, whose role is to Payment solutions desk to buy the ticket. The MyPass Payment solutions facilitate the creation and enhancement Open Banking technology, in absence of access gates, Open Banking of every Global Digital ldentity. allows payments to be made directly to MyGDI® is one of the three key elements Security & Compliance the service delivery point, guaranteeing Security & Compliance of a bigger, sophisticated software Insurtech the best price provided by the operator. Insurtech architecture, along with the Tax Management Tax Management On-boarding and Maintenance Platform and the Digital Rights Management Fintech Research Fintech Research Database. Others Others

www.mygdi.it • active since www.mypass.cc • active since 2016 2014

company/mygdi • fund raised company/mypass-srl • fund raised

mygdi MyPassApp • number of employees • number of employees

4 mypass_app/ 10

• geographies • geographies I MyPass_ I

68 69 N26 Neutrino Klosterstr 62 Plostad Marshal Tito 35/2-1 Berlin • Germany Kumanovo • Republic of Macedonia

Valentin Stalf Giancarlo Russo N26 is The Mobile Bank. N26 has Ceo Neutrino provides in-depth and Ceo redesigned banking to make it simple, flexible investigative solutions to the fast and contemporary. Valentin Stalf world’s most crypto-savvy experts and Maximilian Tayenthal founded the Blockchain & Crypto within leading financial services Blockchain & Crypto company in 2013 and launched the companies and law enforcement Lending Lending initial product in early 2015. Thanks to agencies.“XFlow nSight” has special its fully digital business model, N26 Challenger Banks & PFM features to support your compliance Challenger Banks & PFM operates on a much lower cost base Equity Crowdfunding procedures by assessing the AML Equity Crowdfunding with lean organisational structures, risk of your crypto-financial assets. without IT legacies and without an Reward & For law enforcement investigations, Reward & expensive branch network. N26 passes Donation Crowdfunding it provides advanced, unique Donation Crowdfunding on these cost benefits to its customers. Asset Management & features for criminal investigations Asset Management & N26 partners with the most innovative and intelligence gathering. Using fintech and traditional financial Retail Investments proprietary technologies Neutrino Retail Investments companies to offer its customers best- Payment solutions develops solutions for monitoring, Payment solutions in-class products such as TransferWise Open Banking analyzing, tracking cryptocurrency Open Banking (foreign exchange), Raisin (savings), flows across multiple blockchains, Clark and Allianz (insurance), auxmoney Security & Compliance providing actionable insight on the Security & Compliance (credit) and others. Insurtech whole ecosystem. Founded in 2016 by a Insurtech Tax Management team of cyber security specialists with Tax Management 30+ years of experience in the field of Fintech Research technology exploitation and intelligence Fintech Research Others gathering. Others

n26.com/it • active since www.neutrino.nu • active since 2013 2016

company/n26 • fund raised company/neutrino-s.r.l. • fund raised $ 212.8 M N26IT • number of employees • number of employees

n26 250 - 500 10

• geographies • geographies n26 Europe Global

70 71 Nike Group Opentech Via Savona 70 Viale Luigi Schiavonetti 286 Milano • Italy Roma • Italy

Carlo Giaj Levra Stefano Andreani NIKE is a consulting company, Ceo Opentech is a PCI DSS certified Ceo specialized in design of internal control company specialized in providing system for financial institutions and mobile banking and mobile payment in supporting the update of internal Blockchain & Crypto solutions for major European banks. Blockchain & Crypto processes to cope with external Thanks to a multidisciplinary team of Lending Lending regulations. As a RegTech Company, designers and engineers with deep transforming Internal Governance Challenger Banks & PFM knowledge on the banking & payment Challenger Banks & PFM systems is the craft. Over the last 20 Equity Crowdfunding industry, the company helps Banks to Equity Crowdfunding years it helped his customers within accelerate the digitalization of their the banking, insurance, financial, large Reward & offering. OpenPay (www.openpay.biz), Reward & corporate sectors. NIKE designs new Donation Crowdfunding the wallet services platform developed Donation Crowdfunding models and tools for governance, Asset Management & and supplied by Opentech, is one of Asset Management & biz. and control functions, harnessing the most complete on the market. the potential of the most innovative Retail Investments The solution includes both a Wallet Retail Investments technologies. They work using a Payment solutions server accessible via API, with 99.9% Payment solutions modular and flexible customer Open Banking guaranteed availability SLA and 24x7 Open Banking approach with data, professional support, and Wallet apps for iOS and services and technology, with 3 Security & Compliance Android. Security & Compliance dedicated Biz. lines. Regulatory Insurtech Insurtech Services, Consulting & Solutions, Tax Management Tax Management Security & Innovation can merge their regulatory, functional and technological Fintech Research Fintech Research skills to satisfy clients. Others Others

nikegroup.it/it • active since www.opentech.it • active since 1995 2003

company/nike-group-regtech • fund raised company/opentech-com • fund raised

NIKEGROUPITALY OpentechENG • number of employees • number of employees 165 33

• geographies • geographies NIKEconsulting I I, A, CH

72 73 Oval Money Plick Flat G 88 Philbeach Gardens, Earls Court Viale Regina Margherita 30 London • UK Milano • Italy

Benedetta Arese Lucini Donato Vadruccio Oval is the first solution that allows Ceo Plick is an innovative service for Ceo the digital natives of the on-demand payments developed by PayDo to economy, to finally get some sense revolutionize the user experience of of their finances, and become money Blockchain & Crypto European Banks customers, enabling Blockchain & Crypto wise. Oval’s vision is to create a simple them to pay everyone without the need Lending Lending financial solution for everyone, that of new apps or accounts, it can also speaks to the new generation of Challenger Banks & PFM be used as a substitute for the check. Challenger Banks & PFM workers, with flexible income, variable Equity Crowdfunding The service is offered to all the Banks Equity Crowdfunding expenses and limited access to financial and the Payment Institutions within products. At Oval they are committed Reward & the SEPA area, to be easily integrated Reward & to financial inclusion, education and Donation Crowdfunding into their online and Mobile Banking Donation Crowdfunding fairness, and therefore they help Asset Management & platforms. Plick allows business and Asset Management & tracking of everyday expenses, and private transactions only knowing the encourage savings based on personal Retail Investments addressee’s email or mobile number. Retail Investments life habits. Oval partners provide bank- Payment solutions With Plick you can agree with the payee Payment solutions level security with unlimited guarantee Open Banking a payment extension, guaranteeing Open Banking on the savings account, no hidden now a future and irrevocable collection fees and full control over privacy. Oval Security & Compliance date. Plick assures the simplification of Security & Compliance was launched in 2016, and is based in Insurtech the payment user experience and the Insurtech London, UK and Turin, Italy. Learn more Tax Management centrality of the bank account, without Tax Management at www.ovalmoney.com disintermediating the bank. Fintech Research Fintech Research Others Others

www.ovalmoney.com/it • active since www.plick.eu • active since 2016 2017

company/ovalmoney • fund raised company/plicksrl • fund raised $ 2.7 M ovalmoney officialplick • number of employees • number of employees

ovalmoney 39 5

• geographies • geographies ovalmoney GB, I plick_eu Europe

74 75 PrestaCap Ltd Prestiamoci 8 Devonshire Square Foro Buonaparte 12 London • UK Milano • Italy

Christian Nothacker Daniele Loro PrestaCap is an online lender Ceo Prestiamoci is the first community of Ceo specialized in invoice financing and loans between people born in Italy business loans for SMEs in Italy and for the Italian market, which allows Germany. Through its proprietary Blockchain & Crypto its members to make investments Blockchain & Crypto platform, SMEs have direct access to and obtain loans at a favorable rate, Lending Lending capital of professional and institutional to achieve common passions and investors in a fast and convenient way. Challenger Banks & PFM projects. Prestiamoci is a network of Challenger Banks & PFM The company is the first truly pan- Equity Crowdfunding people who know each other and lend Equity Crowdfunding European lender for SMEs. Thanks to money, bringing the bank back to its the fund-to-peer model, investors can Reward & original role as a safe. The company Reward & easily access a newly established and Donation Crowdfunding guarantees the service to those Donation Crowdfunding rapidly asset class while achieving solid Asset Management & trustworthy people who want to make Asset Management & geographic and sectorial diversification. their own life projects and to those PrestaCap is not a bank, it is a far Retail Investments quality small businesses that want to Retail Investments simpler and efficient solution allowing Payment solutions grow. Prestiamoci’s goal is to promote Payment solutions investors to lend directly to SMEs Open Banking as much as possible the exchange of Open Banking meaning lower fees and better terms money between individuals, without for both. It is an operator regulated by Security & Compliance the intermediation of banks or other Security & Compliance the FCA in the United Kingdom and the Insurtech lenders. This feature allows Prestiamoci Insurtech CSSF in Luxembourg as well as being Tax Management to distribute to the Lenders and Tax Management a financial operator recognized by Applicants the income that would be CONSOB in Italy. Fintech Research for the Bank. Fintech Research Others Others

prestacap.com/it • active since www.prestiamoci.it • active since 2015 2009

company/prestacap • fund raised company/prestiamoci • fund raised € 7,1 M prestacapIT Prestiamoci • number of employees • number of employees 22 10

• geographies • geographies PrestaCap I, D prestiamoci I

76 77 Rationis Revolut Via Filippo Sassetti 32 4th Floor, 7 Westferry Circus Milano • Italy London • UK

Marco Vicinanza Nik Storonsky Rationis is a highly specialized boutique Ceo Revolut launched in July 2015 with a Ceo with a strong technological vocation punchy mission: to turn the financial who offers both advisory services banking sector on its head. With and innovative application solutions Blockchain & Crypto Revolut, users can set up an app-based Blockchain & Crypto to financial institutions looking for an current account in 60 seconds, spend Lending Lending innovative and effective answer to their abroad in over 150 currencies with no needs in terms of construction and Challenger Banks & PFM fees, hold and exchange 25 currencies Challenger Banks & PFM monitoring of financial portfolios. Equity Crowdfunding in-app and send free domestic and Equity Crowdfunding Rationis is born attracting and international money transfers with the coagulating around itself professionals Reward & real exchange rate. Since July 2015, Reward & and academics with long experience Donation Crowdfunding London-based Revolut has signed Donation Crowdfunding and significant reputation on the issues Asset Management & up over 2.5 million customers across Asset Management & of financial portfolios management, and Europe, processed more than 150 risk management, with the common Retail Investments million transactions and has a total Retail Investments objective of giving an innovative and Payment solutions transaction volume of over $22 billion Payment solutions effective response to problems and Open Banking to date. Revolut has raised a total of Open Banking critical issues of financial institutions. $336m from some of the most notable Rationis is therefore aimed at all Security & Compliance investors including DST Global, Index Security & Compliance financial operators such as banks, Insurtech Ventures, Balderton Capital and Ribbit Insurtech asset management companies, pension Tax Management Capital. Tax Management funds, insurance companies, and asset managers. Fintech Research Fintech Research Others Others

rationis-tech.com • active since www.revolut.com/it • active since 2017 2015

company/rationis-srl • fund raised company/revolut • fund raised $ 336.4 M RevolutItalia • number of employees • number of employees

2 revolutapp 480

• geographies • geographies I RevolutApp Global

78 79 Risk App Salary Fits Via Martiri della Libertà 19 Level39, One Canada Square Conselve (PD) • Italy Canary Wharf London • UK

Federico Carturan Délber Lage RiskAPP is the leading technology Ceo SalaryFits is focused on empowering Ceo provider owning the all-in-one risk individuals through their salaries. By management platform for the insurance leveraging the existing relationship that industry. Conceived to support and Blockchain & Crypto employees have with their employers, Blockchain & Crypto improve underwriting, claims, sales and it allows different ranges of providers Lending Lending technical decisions, RiskAPP offers risk to offer fairer financial products to data and analytics, consultation and Challenger Banks & PFM employees if compared to the ones Challenger Banks & PFM develops software to assess business Equity Crowdfunding available in the market. It connects Equity Crowdfunding risks. The RiskAPP’s solution highlights the product offerings from financial the risks of SMEs and provides the Reward & institutions to consumers through the Reward & opportunities to mitigate or transfer Donation Crowdfunding payroll of companies, providing real- Donation Crowdfunding the risks to the insurance industry. Asset Management & time employees’ information (basic Asset Management & Its proprietary algorithm computes profile data, salaries, employment the risk profile based on many data Retail Investments status...) as well as allowing financial Retail Investments sources, simulates the economic losses Payment solutions providers to collect payments/ Payment solutions caused by named risks and compares Open Banking instalments directly from the salaries. Open Banking the results to identify industry’s best Its cloud-based platform currently practices. The company has been Security & Compliance manages products that improves the Security & Compliance chosen by the leader insurer and re- Insurtech financial well-being of 5M families Insurtech insurer and serves the development Tax Management every month, manages + $22B worth Tax Management banks on a global level. contracts, and offers products from +70 Fintech Research financial institutions globally. Fintech Research Others Others

www.riskapp.it • active since www.salaryfits.com/it • active since 2015 March 2016

company/riskapp • fund raised company/salaryfits • fund raised € 1.25 M riskapplications SalaryFits • number of employees • number of employees

riskapplications 6 50 - 100

• geographies • geographies riskapp_it Global Salaryfits BR, MX, GB, IN, PT, I

80 81 Sardex Satispay Via Serra 44, Serramanna Via Filippo Sassetti 32 Medio Campidano • Italy Milano • Italy

Gabriele Littera Alberto Dalmasso Sardex is an integrated circuit based Ceo Satispay is a smart payment platform Ceo on multilateral netting of credits that enables individuals to pay in and payments, designed to facilitate affiliated stores (online and offline), economic relations between economic Blockchain & Crypto exchange money with friends and set Blockchain & Crypto entities operating in a given territory, aside small amounts of money. Lending Lending Sardinia. Sardex.net is a new way Businesses can accept payment from of rethinking the local economy: Challenger Banks & PFM customers by integrating their in- Challenger Banks & PFM interconnected, collaborative, Equity Crowdfunding store payment application to their Equity Crowdfunding supported by group strength and smartphone, tablet, and PC systems. mutual trust. Within the circuit, the Reward & The company also offers e-commerce Reward & companies finance each other at Donation Crowdfunding plugins and customized links for online Donation Crowdfunding zero interest, the wealth remains on Asset Management & stores to receive payments. Asset Management & the island and local productions are Satispay has also integrated with preferred. Goods tourism is limited and Retail Investments PagoPA for the payment of fines, taxes, Retail Investments sustainable development models are Payment solutions stamps and health tickets, which can be Payment solutions encouraged. Companies taking part Open Banking made directly from the Services section Open Banking in this additional market, finance each within the app, where it is also already other interest-free by using digital Security & Compliance possible to top-up phone credit with Security & Compliance credit for their payments with the value Insurtech Italy’s main operators. Insurtech of an euro (1 SRD=1 EURO) that may be Tax Management Tax Management spent inside Sardex.net. Fintech Research Fintech Research Others Others

www.sardex.net • active since www.satispay.com/it • active since 2009 2013

company/sardexnet/ • fund raised company/satispay • fund raised € 3 M $ 50.8 M sardex.net satispay • number of employees • number of employees

sardexnet 70 satispay 80

• geographies • geographies sardexnet I satispay I

82 83 Slim Pay SMARTIKA 12 rue Godot de Mauroy Via Filippo Sassetti 32 Paris • France Milano • Italy

Jerome Traisnel Rosy Alaia SlimPay, a Payroll Subscription Ceo Smartika (www.smartika.it) is the most Ceo Specialist, offers a recurring-payments important social lending service in platform that allows businesses of Italy in terms of loans, applicants and all sizes to reduce their dropout rate Blockchain & Crypto active lenders. Smartika is authorized Blockchain & Crypto and get paid faster with direct debit. and supervised by the Bank of Italy Lending Lending It manages SEPA direct debit in 34 as a payment institution. Consistent countries in Europe. In addition to Challenger Banks & PFM with the principles underlying Social Challenger Banks & PFM processing recurring payments, it offers Equity Crowdfunding Lending, through Smartika Borrowers Equity Crowdfunding a state-of-the-art smart screening and Lenders are put in touch and can algorithm to prevent fraud and Reward & interact with the sole mediation of Reward & reduce risk to merchants, as well as Donation Crowdfunding the web platform, without the need of Donation Crowdfunding credit card processing and electronic Asset Management & traditional intermediaries. This makes Asset Management & signature service. SlimPay serves possible advantages for both: lower +2000 customers, including both Retail Investments average interest for Borrowers and Retail Investments large companies such as EDF and SFR, Payment solutions higher average interest for Lenders. Payment solutions International Organizational Funds such Open Banking Open Banking as UNICEF, brands such as Mondadori and Bridgestone, and startups such as Security & Compliance Security & Compliance Deezer, TripAdvisor, Younited Credit Insurtech Insurtech and Wekiwi. The company has +65 Tax Management Tax Management direct debit specialists in 6 countries (France, Germany, UK, NL, Spain, Italy). Fintech Research Fintech Research Others Others

www.slimpay.com/it • active since www.smartika.it/it • active since 2010 2012

company/slimpay • fund raised company/smartika-spa • fund raised € 15 M SlimPay Smartika.it • number of employees • number of employees 70+

• geographies • geographies SlimPay Europe Smartika_it I

84 85 Soisy SplittyPay Via Filippo Sassetti 32 Via dei Prati 38 Milano • Italy Vergiate (VA) • Italy

Pietro Cesati Alberto Porzio Soisy is an Italian Payment Institution Ceo & Co-Founder Very often groups of people purchase Ceo offering instalment payments at point online goods or services that cannot of sale (POS). Its technological solution be divided, in these cases only one perfectly suits ecommerce and online Blockchain & Crypto person pays in advance for the others, Blockchain & Crypto payment gateways, because they offer using a single payment tool. The buyers Lending Lending them lending online application that need an easy way to perform group is: *easy to integrate via plugin or API, Challenger Banks & PFM purchases splitting the total amount Challenger Banks & PFM *mobile responsive, *minimal with max Equity Crowdfunding in multiple transactions. Splitty Pay Equity Crowdfunding 2 mins to yes/no. Loans are financed in is an alternative payment platform a marketplace by private investors. This Reward & that perfectly fits the needs of group Reward & results in lower interest rate for buyers Donation Crowdfunding reservations and purchases. Its tool Donation Crowdfunding and in good returns for investors. Asset Management & aims to reduce cart abandonment rate, Asset Management & They have grown 5x in the last year, offering the customer to share the total which means +20% month on month or Retail Investments amount in equal or customized shares Retail Investments + 500% on previous year. Specialties: Payment solutions and pay with more credit/debit cards. Payment solutions Payments, fintech, e-commerce Open Banking The hope is also to protect some Open Banking solutions, buy now pay later, friendships from money discussions. investments, peer-to-peer lending. Security & Compliance Security & Compliance Insurtech Insurtech Tax Management Tax Management Fintech Research Fintech Research Others Others

www.soisy.it/ecommerce • active since www.splittypay.com • active since 2015 2015

company/soisy/ • fund raised company/splitty-pay • fund raised € 2.181 M € 210 K soisy.it SplittyPay • number of employees • number of employees

soisy.it 17 5

• geographies • geographies I I

86 87 Spreadoff Square Life 56 Leman Street Landsstrasse 33 London • UK Rigell • Germany

Davide Guarnieri Oliver Ohl Spreadoff is an innovative SAS platform Ceo Squarelife is a young company that Ceo for P2P currency exchange targeting emerged in 2013 from Finterlife - a international travellers. By using its former insurer of Finter Bank Zurich. system, the company can bypass Blockchain & Crypto As a result, Squarelife’s strategic focus Blockchain & Crypto banks, slash costs and provide a better is to take over and manage runoff Lending Lending user experience. An innovative way of assets. Since the end of 2015, Squarelife exchanging currency around the world, Challenger Banks & PFM has been writing new business, which Challenger Banks & PFM with no costs of exchange. All you need Equity Crowdfunding gives it a further strategic orientation. Equity Crowdfunding to travel at your fingertips; a tool to pay Squarelife develops innovative, and transfer money in a fast and easy Reward & flexible and cost-effective insurance Reward & way. Spreadoff connects demand and Donation Crowdfunding solutions for partners in the European Donation Crowdfunding supply of currency exchange offering Asset Management & Economic Area. In order to guarantee Asset Management & zero spread cost to its users. It’s easy, the highest possible collateral and it’s safe, it’s immediate - no banks Retail Investments avoid complexity, they generally waive Retail Investments needed! Engage, exchange, enjoy your Payment solutions interest rate guarantees. Squarelife Payment solutions trip. Open Banking is aware of its responsibility to its Open Banking customers and society and therefore Security & Compliance places very high demands on its Security & Compliance Insurtech products and processes. This also Insurtech Tax Management applies to the selection of business Tax Management partners. Therefore, any kind of sales Fintech Research pre-financing is waived. Fintech Research Others Others

www.spreadoff.com • active since www.squarelife.li • active since 2016 2013 company/squarelife-lebensversiche- company/spreadoff • fund raised rungs-ag/ • fund raised

spreadoff • number of employees • number of employees 4 6

• geographies • geographies I, GB Europe

88 89 Stamplay Swascan 727-729 High Road Via Roma 55, Cassina De Pecchi London • UK Milano • Italy

Giuliano Iacobelli Riccardo Paglia Stamplay is a low code platform that Ceo Swascan is the first Italian Ceo enables organizations to build high CyberSecurity platform completely value business process spanning in Cloud, SaaS and Pay for Use. Our multiple cloud services. The platform Blockchain & Crypto services allow to identify, analyze Blockchain & Crypto provides enterprise integration, process and solve all the vulnerabilities Lending Lending automation, and a citizen experience, related to websites, web applications, enabling business users and IT to Challenger Banks & PFM networks (any device associated Challenger Banks & PFM collaborate in order to build, operate Equity Crowdfunding to an IP address) and source code. Equity Crowdfunding and roll out automations. Stamplay Our services ensure the technologic is the development platform for an Reward & assessment required by GDPR and Reward & API connected world. Its technology Donation Crowdfunding lead companies towards legislative Donation Crowdfunding drastically reduce the development, Asset Management & compliance. Swascan’s four main Asset Management & deployment and management effort. services are Vulnerability Assessment, Services provided are a visual engine Retail Investments Network Scan, Code Review, GDPR Retail Investments for rules and integrations to create Payment solutions Self-Assessment. All the key products Payment solutions the server-side business logic of the Open Banking aim to test and verify the weaknesses Open Banking app, and tools and a reliable cloud of third-parties applications, preventing infrastructure to model and manage Security & Compliance data-loss, and analyze the quality Security & Compliance users and data. Insurtech standards of company’s network Insurtech Tax Management security, its compliance, internal policies Tax Management and procedures, overall quality and the Fintech Research security of source code. Fintech Research Others Others

stamplay.com • active since www.swascan.com • active since 2012 2016

company/stamplay • fund raised company/swascan • fund raised $ 777.6 K € 600 K stamplay Swascan • number of employees • number of employees

stamplay 10 8

• geographies • geographies stamplay Global swascan I

90 91 Talos Tax Man App Via Magliotto 2 Via Nomentana 481 Savona • Italy Roma • Italy

Luca Verderame Alessandro Chirchiglia Talos srls is an innovative startup, born Ceo TaxMan is a mobile app for italian CEO (Co-Founder) in early 2016, which operates in the freelance workers, which includes field of cybersecurity and has been invoicing, tax calculation and tax filings. recognized as Spin Off of the University Blockchain & Crypto Do you have a VAT number? With Blockchain & Crypto of Genoa. Talos aims at providing high- Taxman you can save invoices, compute Lending Lending tech solutions for security issues related taxes, discover deductions and prepare to mobile and consumer business Challenger Banks & PFM the tax declaration. Keep track of all tax Challenger Banks & PFM environments, through automated Equity Crowdfunding deadlines. The Tax Calculation section Equity Crowdfunding tools for assessing the security risks of gives you an immediate and extremely mobile apps and specialized security Reward & accurate estimate of the tax due, so Reward & consulting services. The flagship Donation Crowdfunding you will always know in real time what Donation Crowdfunding product of Talos is APPROVER, an Asset Management & the net result of your business is. Not Asset Management & automatic toolkit for in-depth, fully sure how to invoice an entry or record automatic security analysis of mobile Retail Investments an expense? Do you have any other Retail Investments applications. APPROVER automatically Payment solutions doubts? No fear. With TaxMan you will Payment solutions detects, evaluates and provides Open Banking have an accountant in chat within the Open Banking comprehensive reports on the security app. Just access the “Support” section risks posed by the mobile applications. Security & Compliance and report your problem to receive an Security & Compliance APPROVER combines state-of-the- Insurtech answer within a few hours. Insurtech art automated security analysis Tax Management Tax Management techniques with advanced risk analysis methodologies. Fintech Research Fintech Research Others Others

www.talos-sec.com • active since www.taxmanapp.it • active since 2016 2017

company/talos-s-r-l-s- • fund raised company/tax-man-app • fund raised

talossec TaxManApp • number of employees • number of employees

4 taxman_app 10

• geographies • geographies talos_security I TaxMan_App I

92 93 The Social Lender Tinkl.it Corso Vercelli 5 Galleria Del Corso 2 Milano • Italy Milano • Italy

Silvano Salandin Daniele Pregnolato The Social Lender is a peer-to-peer Ceo Tinkl.it offers a simple tool to Ceo lending business platform that allows companies and professionals providing applicants to obtain funding from them the possibility to accept bitcoin private and institutional investors, Blockchain & Crypto as payment for their services. Because Blockchain & Crypto in order to support growth and Tinkl.it customers will never own bitcoin Lending Lending development of their business and their and, the conversion into Euro will be projects, and where lenders can invest Challenger Banks & PFM entirely processed by us in cooperation Challenger Banks & PFM in security actively intervening in the Equity Crowdfunding with the Crypto Exchange platform Equity Crowdfunding Royal Economy. The Social Lender is The Rock Trading srl, our customers a platform for direct crowdfunding, Reward & will not incur in complicated fiscal Reward & lending crowdfunding and also P2P Donation Crowdfunding issues to explain. Our customers will Donation Crowdfunding lending, which aims to support the Asset Management & receive exactly the amount in euro Asset Management & growth and development of SMEs, invoiced without fees and no charge- startups or even micro businesses Retail Investments back problems and costs. Accepting Retail Investments by raising capital from private, Payment solutions bitcoin payments will provide you a Payment solutions professional, non-professional and Open Banking new business opportunity and a great Open Banking institutional investors. The platform is marketing tool without risks. a tool for access to credit and funding Security & Compliance Security & Compliance for businesses, in a transparent, rapid Insurtech Insurtech and free of bureaucracy way. It’s Tax Management Tax Management also a source of diversification of the investment portfolio to increase savings Fintech Research Fintech Research by investing in the real economy. Others Others

www.thesociallender.it • active since tinkl.it • active since 2017 2018

company/the-social-lender • fund raised company/tinklit • fund raised € 32 K thesociallender tinklitaly • number of employees • number of employees

5 tinkl.it

• geographies • geographies thesociallender I tinkl_it I

94 95 Two Hundred Crowd Utego Via Filippo Sassetti 32 Via Eleuterio Pagliano 35 Milano • Italy Milano • Italy

Matteo Masserdotti Stefano Musso Two Hundred (formerly Tip Ventures) Ceo Utego is an innovative start-up Ceo is a financial technology company developing a free digital application that manages an Equity Crowdfunding for users, contributing to increase the Platform (200crowd.com). Investors, Blockchain & Crypto transparency of financial market and Blockchain & Crypto both retail and professional, can access the bargaining power of consumers. Lending Lending to easy investing in private companies, It’s advantageous for FI that, facing shall they be Startup or SME’s. Two Challenger Banks & PFM a business dispersion due to the Challenger Banks & PFM Hundred offers innovative services to Equity Crowdfunding FinTech revolution, will operate more Equity Crowdfunding Startups and Investors. The company dynamically and economically on the aims to provide a unique professional Reward & digital financial market, re-establish Reward & approach, offering tailor made advising Donation Crowdfunding an equal, transparent and trustful Donation Crowdfunding to startups and investment services for Asset Management & relationship with the customers. It Asset Management & investors With Two Hundred companies offers a financial aggregation service have a fully committed team of people Retail Investments through which users will sum in one Retail Investments working along with you, providing Payment solutions all the web based financial positions Payment solutions the best solution to get the attention Open Banking owned in different Institutions/Banks. Open Banking of investors. Investing through Two Users will access to a new wider Hundred is accessible to everybody, Security & Compliance market place, improve their financial Security & Compliance starting at 500 €. Insurtech knowledge in the dedicated educational Insurtech Tax Management area and, sum their needs together in Tax Management a very innovative auction tool, so to Fintech Research increase their bargaining power. Fintech Research Others Others

200crowd.com/V2 • active since utego.it/en • active since 2013 2018

company/200-crowd • fund raised company/utego • fund raised € 300 K 200Crowd • number of employees • number of employees

200crowd 13 10

• geographies • geographies 200crowd I I

96 97 Virtual B Via San Gregorio 40 Milano • Italy

Serena Torielli Virtual B SpA is a financial technology Ceo company operating in B2B2C and focused on digital investments and wealth management. The company Blockchain & Crypto can provide all the core activities Lending involved in digital investing, from financial communication to financial Challenger Banks & PFM engagement and financial technology Equity Crowdfunding solutions. Its direct experience in B2C represents a source of real data and a Reward & live demo for business clients. Donation Crowdfunding Virtual B is a pioneer of Fintech in Asset Management & Italy, with a strong focus on innovation and the most disruptive technologies. Retail Investments The company was founded in 2010 Payment solutions by an experienced team with a strong Open Banking background in the financial industry. In 2011 the company launched AdviseOnly, Security & Compliance the first robo-advisor in Europe. Insurtech Tax Management Fintech Research Others

www.virtualb.it • active since 2010

company/virtualb • fund raised

• number of employees 13

• geographies I

98 99 Walliance WAVENURE Viale della Costituzione 16 Piazza del Duomo 16 Trento • Italy Milano • Italy

Giacomo Bertoldi Giulio Massucci It allows you to raise money and Ceo WAVENURE combines AI and Ceo balance the capital needed for your quantitative methods to investment business project, up to 5M €. Born to decision making, it’s the high added innovate the real estate economies Blockchain & Crypto value partner for anyone who wants Blockchain & Crypto thanks to Crowdfunding, for product to optimize investment decisions, Lending Lending innovation, environmental sustainability, offer a better advice, enrich its model investments in real estate and the Challenger Banks & PFM of service and enhance its business Challenger Banks & PFM simplification of the financial system. It Equity Crowdfunding or invest its assets and savings Equity Crowdfunding offers an elegant solution to raise funds, reducing risks and improving returns. manage rapidly all the bureaucratic Reward & It offers various AI-based decision- Reward & processes related to the collection of Donation Crowdfunding making services and tools: portfolio Donation Crowdfunding financial resources, making available Asset Management & management, short-medium to long- Asset Management & to sponsors a very effective marketing term trading strategies, robo-analysis, tool. With Walliance you can create Retail Investments predictions. The offer is divided Retail Investments high quality investment proposals Payment solutions into services, solutions and APIs, Payment solutions thanks to the campaigns that guarantee Open Banking differentiated according to the needs Open Banking you a presentation and excellent of different users: Asset Managers, visibility to your projects. Security & Compliance Advisors, Investment Firms, Retail Security & Compliance Insurtech Online Brokers, Traders, Individual Insurtech Tax Management Investors, to whom provides AI fueled Tax Management investment fund and a personal AI Fintech Research Investment Coach through a simple, Fintech Research Others online, engaging experience. Others

www.walliance.eu • active since www.wavenure.com • active since 2016 2016

company/walliance-srl • fund raised company/wavenure • fund raised € 880 K walliancetherealcrowd Wavenure • number of employees • number of employees

walliance 11 10

• geographies • geographies wallianceteam I Wavenure GLOBAL

100 101 Workinvoice Yolt Via Errico Petrella 22 Bijlmerplein 888 Milano • Italy Amsterdam • Holland

Matteo Tarroni Frank Jan Risseeuw Workinvoice is the first Italian web- Ceo Built with the principals of PSD2, Yolt Ceo based marketplace dedicated to the is the smart thinking money app that trading of commercial receivables. enables you to sync your accounts This revolutionary platform connects Blockchain & Crypto together, see your spending clearly Blockchain & Crypto SMEs with qualified investors with a and do more with your money. Yolt Lending Lending P2P approach, bringing a transparent challenges the status quo of money and efficient short-term funding Challenger Banks & PFM management. Staying on top of your Challenger Banks & PFM solution to the Italian market. In the last Equity Crowdfunding money shouldn’t be a bore. With a fresh Equity Crowdfunding decade, due to the reduction in lending approach and smart insights to ‘yolt’ activity of the Italian banks and to the Reward & you into action, Yolt is about being Reward & increasing needs of working capital, the Donation Crowdfunding smart with your money, so you can Donation Crowdfunding SMEs are thirsty of alternative sources Asset Management & make the most of life. With the App you Asset Management & of financing. With its solution, in just can Sync your accounts in one view, see a few clicks, the SMEs can access the Retail Investments your spending clearly and do more with Retail Investments marketplace and turn their receivables Payment solutions easy budgeting, international money Payment solutions into cash within just a few hours. The Open Banking transfers and energy comparison. Open Banking advantages compared to factoring are Yolt is empowering people to change the possibility to access the market on Security & Compliance the way they think about money. Security & Compliance a need basis, the absence of obligations Insurtech Insurtech or guarantee, the speed of 100% online Tax Management Tax Management procedures. Fintech Research Fintech Research Others Others

www.workinvoice.it • active since www.yolt.com • active since 2013 2016

company/workinvoice • fund raised company/yolt-unthink-money • fund raised € 1.6 M workinvoice getyoltIT • number of employees • number of employees

20 getyolt 57

• geographies • geographies workinVoice/ I getyolt Europe

102 103 3