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July 26, 2023

Italy's Mediobanca & Founders Factory Forge Path

Venture studio to nurture 35 blockchain & AI-driven startups

The Italian tech ecosystem gets a powerful boost as London's Founders Factory partners with Mediobanca, one of Italy's largest investment banks, to launch a fintech-focused program. With a €12 million commitment from Mediobanca, the venture studio aims to nurture 35 fintech companies, particularly those employing blockchain and AI technologies.

The strategic collaboration between Founders Factory's expertise and Mediobanca's financial prowess creates a potent platform to support fintech founders and drive systemic change in the future of financial services.

Italy's vibrant tech scene, highlighted by abundant innovation and highly-educated talent, promises an exciting frontier for fintech growth. Stay tuned for groundbreaking developments in the world's 8th largest economy.

“Mediobanca is one of Italy’s leading financial institutions with reach extending throughout Europe. It makes them the ideal partner for Founders Factory as they recognise the importance of technology’s role in the future of financial services and the systemic change it can bring. Combining our venture building capabilities and fintech experience with Mediobanca’s heritage, financial prowess, and global ambition creates a powerful platform to back fintech founders.” said Founders Factory CEO Henry Lane Fox.

Josefina Dipaolo
Josefina Dipaolo
Content Writer at TechNews180
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