# Banca AideXa S.p.A.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/banca-aidexa-s-p-a

- Industry: Financial Services
- Headquarters: Milan, Italy
- Website: www.aidexa.it
- Total disclosed funding: $50M
- Latest round: Seed (Jun 1, 2020)
- Investors on record: 4

## About

Banca AideXa S.p.A. is an Italian financial institution that provides digital financing solutions tailored for micro and small businesses, focusing on streamlining access to credit through technology and innovative tools.Founded in 2020 in Milan, Italy, Banca AideXa S.p.A. specializes in offering digital financing solutions for micro and small businesses. The founders, Alessio Marras, Federico Provinciali, Roberto Nicastro, and Stefano Gallotti, established the company to enhance access to credit. The company has successfully completed 2 deals, with its most recent funding round occurring on June 25, 2024, where it raised EUR 16 million from Confcommercio Imprese per L'Italia, bringing the total amount raised to EUR 16 million.Banca AideXa specializes in providing digital financing solutions aimed specifically at micro and small businesses in Italy. Their core product offerings include a credit thermometer, which enables potential clients to assess their eligibility for loans of up to 3 million euros in a streamlined manner, without impacting their credit score. Since its inception in 2020, Banca AideXa has successfully financed over 5,000 businesses, positioning itself as a key player where traditional banking systems may struggle. The company's services cater to a diverse customer base across various sectors, with a focus on facilitating rapid, clear, and secure access to credit through advanced technology and artificial intelligence.Banca AideXa reported a revenue of EUR 13,975,317.20 for the year 2023, with an EBITDA of EUR -14,497,686.30. The revenue model is primarily based on transaction fees associated with the loans provided to its clients, who engage in structured transactions upon approval of their financing solutions.In June 2024, Banca AideXa raised EUR 16 million in venture funding to support its strategic initiatives. The company plans to leverage these funds to enhance its product offerings and expand its market presence. Future products are under development to better serve small businesses, with a focus on launching new financing tools by the end of 2024. Additionally, Banca AideXa aims to expand into new geographic regions within Europe, specifically targeting businesses in Spain and France by mid-2025.

## Funding rounds

- Seed, Jun 1, 2020, $50M — Banca Sella Holding, Generali Group, Banca Ifis, Bertoldi Holding

## Investors

- Banca Sella Holding — Seed
- Generali Group — Seed
- Banca Ifis — Seed
- Bertoldi Holding (https://capitalatlas.ai/funds/bertoldi-holding) — Seed