Intesa Sanpaolo
Investor - Venture Capital
Overview
Intesa Sanpaolo is an Italian banking group founded in 2007. The firm is based in Turin and their most recent investment into FinTech came in 2017 when they invested in London-based startup Oval Money.
Country: Italy
Founded: 2007
Headquarters: Piazza San Carlo, 156, 10121 Torino
Investment Strategy
Geography
- Europe
Sector Focus
- WealthTech
Investment Stage
- Series A
Summary
Intesa Sanpaolo came about through a merger of Banca Intesa and Sanpaolo IMI in 2007.
In May 2016, the bank announced it had opened an innovation centre in London, less than a month after it launched a new venture fund to back FinTech startups to be called ‘Neva Finventures’.
Intesa Sanpaolo says the firm operates in ‘all business areas,’ such as wealth management. The Group offers caters to 11.1m customers through a network of nearly branches.
Intesa Sanpaolo is headquartered in Turin but also has an office in Milan.
Investments
Date
Name
Size
Round
Co-Investors
Sector
Country
Oval Money
Series A
b-ventures
WealthTech
United Kingdom
Key Employees
Carlo Messina
Managing Director & CEO
Tommaso Corcos
Head of Asset Management Division
