Former UniCredit execs launch Aidexa to service Italian SMEs
Italian challenger Aidexa is looking to support what is sees as underserved entrepreneurs and small businesses.
Italian small businesses create 78% of the country’s jobs
Based in Milan, the bank has launched with ambitions to win over some of the seven million companies that make up more than half of Italy’s GDP.
The firm holds a licence from the Bank of Italy for loans and investment services. It hopes to acquire a full-fledged banking licence in 2021.
Aidex raised €45 million in seed financing last week. Its investors include Generali group and Banca Sella.
“Our mission is to facilitate the work of entrepreneurs, building together simple, fast, transparent and safe financial experiences,” the challenger writes.
“The goal is to make life easier for those who do business, taking advantage of new technologies and the opportunities offered by open banking.”
European Central Bank (ECB) data shows Italian businesses experiencing the largest deterioration in business in Europe during the COVID-19 pandemic.
Prior to the pandemic, Italy reported the highest levels of small companies in financial distress, at 12%.
Despite this, small businesses account for 67% of Italy non-financial economy. They also generate 78.1% of the country’s jobs.
Aidexa’s founding team is chairman Roberto Nicastro, and CEO Federico Sforza.
Both men spent significant amount of time at UniCredit before leaving in 2015. Nicastro’s last role at the lender was as deputy CEO, and Sforza left as CRO and senior vice president.
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Certamente sarà una azione di successo quella messa in campo dalla Aidexa, anche perchè il dopo Covid 19 l’economia dovrà ripartire, e sicuramente le PMI saranno in prima fila, ma bisogna creare una filiera controllata ed un attenta valutazione dei Rischi di tipo strategico, e controllare i capitali apportati da dopo febbraio 2020.
Altra dose di iniezione sarà l’apporto della cultura all’imprenditore sulle normative di Governance e Compliance che basano la trasparenza e legalità su sistemi di informazioni centralizzati, storicizzati e di relazioni tra soggetti identificati e con comportamenti chiari tra persone/ruoli, che generano l’evento ” SOCIETA’ ” lanciandola nel mercato globale.
Quindi i capitali sono si, importantissimi, ma le risorse, ed i controlli di reputazione, organizzazione, pianificazione , saranno il corollario della RIPRESA.
Ceo Ica Finance Andrea de China