Investment News

How Italy is betting on the FinTech sector

Banca Sella Group and Digital Magics invest 1 million Euro on innovative startups

How Italy is betting on the FinTech sector

Claudia Astarita


The Banca Sella Group and the venture incubator Digital Magics recently signed an agreement to the tune of 1 million Euro. This generous loan is aimed to strengthen Digital Magics' incubation and acceleration projects in the field of innovative financial services.

In a group of 40 start-ups, only six are working in the FinTech field.  Banca Sella, one of the most active  member of the Digital Magics Angel Network, an informal network of people interested in co-investments in innovative start-ups, is already tutoring them. With the new loan, the two partners probably expect to further strengthen their financial skills and performances.

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