Italian neobank illimity turns €16m loss into €31m profit in a year
The neobank’s best-performing arm, by a long way, was its NPL unit.
The neobank’s best-performing arm, by a long way, was its NPL unit.
A flurry of share issuance, exchanges and buyouts as illimity nabs half of fintech firm Hype.
The bank launched just nine months ago.
The new bank is a merger of Spaxs and Banca Interprovinciale.