illimity Bank

16 results about this entity

Period: 15 May 2019 - 08 Aug 2024

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Illimity posts €23 million net profit

The Board of Directors of illimity Bank S.p.A. (“illimity” or the “Bank”), chaired by Rosalba Casiraghi, met yesterday to approve the results of the illimity Group as at 30 June 2024.

Financial Cloud Series 2023: Entering new and niche markets with BaaS

Financial Cloud Series 2023: Entering new and niche markets with BaaS

How can banks avoid lock-in with their banking as a service provider?

Speakers from: Temenos – The Banking Software Company, CGI Inc., ThinCats, illimity Bank

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Illimity sells copy of source code for €55.5 million

/retail

Illimity sells copy of source code for €55.5 million

Italian digital bank Illimity Bank has sold a copy of the source code for its IT platform to The Engineering Group, outsourcing development and collecting royalties from onward sales to other banks.

/wholesale

European Investment Bank and illimity agree €200 million funding package for SMEs

The European Investment Bank (the “EIB”) and illimity Bank S.p.A. (“illimity” or the “Bank”) have finalized an agreement worth 200 million euro aimed at supporting the working capital and liquidity needs of SMEs, with specific emphasis being given to sustainable investments and businesses operating in the Cohesion Regions.

Financial Cloud Summit 2023: BaaS and IT talent - the backbone of future business

/cloud

Financial Cloud Summit 2023: BaaS and IT talent - the backbone of future business

During the Financial Cloud Summit’s afternoon Optimise session, titled ‘BaaS: Entering new and niche markets,’ Finextra reporter Niamh Curran guided panellists through a technical discussion that explored how embedded finance and BaaS can help to transform the backbone of business operations.

/markets

Illimity posts €19.1 million net profit for Q3

Chaired by Rosalba Casiraghi, the Board of Directors of illimity Bank S.p.A. (“illimity” or the “Bank”) yesterday approved the illimity Group’s results at 30 September 2022.

/retail

Unicredit sells non-performing loans portfolio to Illimity

UniCredit has reached an agreement with a securitisation vehicle managed by illimity S.p.A. ("illimity") in relation to the disposal on a non-recourse basis (pro-soluto) of a mixed non-performing loans portfolio.

/retail

Illimity grows operating profit by 72%; acquires Aurora Recovery Capital

Chaired by Rosalba Casiraghi, the Board of Directors of illimity Bank S.p.A. (“illimity” or the “Bank”) yesterday approved the illimity Group’s results at 31 March 2022.

ION Group to take 9.99% stake in Italian challenger illimity

/wholesale

ION Group to take 9.99% stake in Italian challenger illimity

ION Group is to install a new IT system for Italian digital challenger bank illimity and take a 9.99% stake in the lender.

/retail

Illimity posts €12.6 million net profit for Q1

illimity, Italy’s digital bank founded by Corrado Passera, former CEO of Intesa Sanpaolo and government minister of industry, is pleased to announce a net profit of €12.6 million for Q1 2021- a 180% increase compared to Q1 2020 and +86% over Q4 2020.

/startups

Italian digital bank illimity reports €31 million profit

Chaired by Rosalba Casiraghi, the Board of Directors of illimity Bank S.p.A. (“illimity” or the “Bank”) yesterday approved the illimity Group’s results at 31 December 2020.

UniCredit offloads loans portfolio to Illimity

UniCredit announces today an agreement with Illimity Bank S.p.A. ("Illimity").

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