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Banca Sella and Workinvoice form open banking partnership

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Banca Sella and Workinvoice form open banking partnership
4 hours ago
Source: Banca Sella
Banca Sella (digital banking champion) and Workinvoice (Italian fintech pioneer) have partnered to jointly develop new, seamless digital financial services for corporates.
The collaboration between Banca Sella and Workinvoice will provide the bank’s corporate customers with customer centric convenient solutions to finance their working capital. One of the first services that will be launched is factoring as a service, which will allow companies to unlock liquid assets from their collection and payment cycle. ....

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illimity Bank S.p.A.: Closing of illimity SGR's First Fund, the illimity Credit & Corporate Turnaround Fund, Sells UTP Credit Positions of Over 200M Euro

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Fund Aims to Assist SMEs With Restructuring and Growth Path Potential While Generating Greatest Value for All Investors
MILAN, Italy, April 01, 2021 (GLOBE NEWSWIRE) via InvestorWire illimity SGR, the illimity Group s asset management company created to set up and manage alternative investment funds, has completed the first closing of illimity Credit & Corporate Turnaround (the
Fund or
iCCT )-a contribution fund dedicated to investments in unlikely to pay ( UTP ) loans to SMEs with revival and relaunch prospects.
The initial portfolio consists of loans for a gross total of over 200 million euro made to 33 companies operating in highly diversified sectors. These loans have been sold by seven banks and banking groups (Banca Popolare di Sondrio, Banca Sella, Banco Desio, Bnl Gruppo Bnp Paribas, BPER Gruppo, Gruppo Bancario Cooperativo Iccrea, Gruppo La Cassa di Ravenna), which have then become unit holders in the Fund. ....

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Visa's Mission to Digitally Enable Small Businesses Gains Momentum Across Europe

Visa s Mission to Digitally Enable Small Businesses Gains Momentum Across Europe
Visa (NYSE: V) today announced more than 100 partners across Europe have joined the
Where You Shop Matters initiative to help small business owners build digital capabilities and continue serving their communities.
More than two million small firms across Europe have received support since the launch of the program in summer 2020. The announcement marks a major milestone in Visa s commitment to help eight million small and medium sized businesses (SMBs) in Europe and 50 million globally to get online, adapt and future proof their business.
Across Europe, Covid-19 continues to have a devastating impact on small businesses. Research conducted by Visa revealed that 65% of small businesses are concerned about the future of their business. ....

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Visa's Mission to Digitally Enable Small Businesses Gains Momentum Across Europe

Visa's Mission to Digitally Enable Small Businesses Gains Momentum Across Europe
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

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Top 15 Global FinTech Industry Influencers 2021

Top 15 Global FinTech Industry Influencers 2021
Top 15 Global FinTech Industry Influencers 2021
FinTech, or financial technology, is the terminology utilized to describe any tech that has an objective to enhance the delivery of financial solutions and services. These services diverge extremely from mobile devices to applications that assist in connecting involved stakeholders with their finances and business-to-business technology.
The FinTech industry is advancing with innovative Fintech App Development concepts and ideas. Startups, unicorns, and digital banks are dynamically transforming the financial landscape through innovative Fintech Software Development Services.
There were around 8,775 Fintech startups in the USA in Feb 2020, making it the region with the most Fintech startups world-wise, followed by 7,385 such startups in Europe, the Middle East, as well as Africa, and around 4,765 in the Asia Pacific region. ....

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