Fintech: Sella among the investors of the new digital bank for small businesses AideXa

AideXa is born, the new fintech company exclusively dedicated to small businesses and professionals. The new reality aims at facilitating the entrepreneur's work by accompanying him in the development of his projects and his company exploiting the new technologies and opportunities offered by the open banking environment. With this in mind, the first instant lending product dedicated to professionals and small businesses will be launched by the end of the year.

AideXa, whose president is the banker Roberto Nicastro, was born with the support of four major institutional investors: Sella, Generali, Banca Ifis and Isa.

In the Aidexa's development plan, the launch of innovative accounts is expected in 2021. In 2022 AideXa is expected to become a real digital bank dedicated to SMEs, which will be financed through securitization of portfolios, wholesale and customer deposits. The new bank aims to reach 100,000 customers in 5 years and to reach the break-even point within 3 years.