Credimi has received a €10 million capital increase to help its foreign expansion plans

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Credimi has received a €10 million capital increase to help its foreign expansion plans

  • Investment funds came via United Ventures and Vertis, as well as some of the investors who took part in the first round of €8.5 million in September 2015
  • Firm is authorised by the Bank of Italy as a financial intermediary and also intends to expand its product offering and recruit more staff
  • Credimi’s initial start-up phase has been exhilarating, with results that have far exceeded expectations
  • Added new features and functionalities to its lending platform, including giving clients direct access to non recourse financing for their unpaid invoices
  • The company was one of the names in a group of domestic and foreign players in Italy that set up the sector’s first trade association