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Italy

Generalfinance cancels the acquisition of Workinvoice

Generalfinance S.p.A. (Generalfinance), a company listed on Euronext STAR Milan and a financial intermediary specialised in factoring for SMEs, announces that it will not proceed with the closing of the acquisition of Workinvoice S.r.l. The acquisition, initially announced on June...

#Generalfinance#Workinvoice

EIB and Banca Popolare di Sondrio launch €300m initiative...

The European Investment Bank (EIB) and Banca Popolare di Sondrio have signed a new agreement to mobilise over €300m in…

#Banca Popolare di Sondrino#EIB#sme finance


Cherry Bank Italy reorganises adding two new divisions and...

Cherry Bank, a financial institution specialising in retail, corporate, and wealth management solutions announces a new organisational structure to better…

#Cherry Bank#factoring#Giovanni Bossi


Italian factoring: strong performance despite challenges

Despite ongoing economic challenges, including weaker industrial production and falling prices, the Italian factoring market is on track for steady…

#ASSIFACT#factoring


Factoring in Italy – still growing amid economic challenges

Despite the turbulent economic environment that has affected many industries in 2024, in the first half of the year the…

#ASSIFACT#Diego Tavecchia#factoring


Finacity facilitates a €50m receivables securitisation

Finacity Corporation (“Finacity”), a White Oak Global Advisors Company, announced that it has successfully launched a €50m receivables securitisation program…

#BPM#receivables securitisation#securitisation


Italian factoring market surpasses €113bn in turnover, showing 2.46%...

In the first five months of the year, the Italian factoring market surpassed €113bn in turnover, representing 14 per cent…

#supply chain finance


TeamSystem acquires 61% stake in Milan fintech Change Capital

Italian business software solutions provider TeamSystem has acquired a 61 per cent majority stake in Change Capital, a Milan-based fintech…

#AI#cash-flow#digital


Banca Ifis completes restructuring of EUR1.15bn factoring receivables securitisation

Banca Ifis has successfully completed the restructuring of a securitisation worth €1.15bn  involving proprietary factoring receivables.The securitisation, known as the…

#receivables


Generalfinance acquires 96% of Workinvoice

Generalfinance S.p.A. (Generalfinance) a company listed on Euronext STAR Milan and a financial intermediary specialised in factoring to SMEs, announces…

#Generalfinance


WFY’23: Italian factoring exceeds 15% of GDP in 2023

IntroductionThe Italian Factoring Association (ASSIFACT) represents the totality of the factoring market in Italy with 31 members as of March…

#ASSIFACT#Diego Tavecchia


Driving forward: Italy’s factoring market shows resilience and growth...

The Italian factoring market in 2023 witnessed a turnover of nearly €290 billion, remaining largely stable compared to the previous…

#ASSIFACT

iSwiss closes €300m securitisation deal on tax receivables

The Swiss banking group iSwiss has recently closed an important securitisation transaction on tax receivables of Italian state suppliers resulted from…

#securitisation

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