“Can a licensed Italian fintech bank industrialize SME credit access through AI and open banking where traditional banks have retreated?”
Founded 2020 as Italy's first fintech bank exclusively serving micro and small businesses. Received Italian banking charter in 2021, giving it a full license rather than a BaaS-dependent model. Uses open banking data plus AI-driven credit decisioning (ACTICO partnership) to underwrite SME loans in 48 hours. Distribution scaled via a 2022 deal with Poste Italiane bringing access to hundreds of thousands of SMEs. Now expanding into private banking for individuals alongside the core SME lending franchise.
AideXa discloses Banca AideXa S.p.A. (in-house) as its banking provider, according to the Embedded Finance Index 2026.
AideXa does not disclose a bank charter of its own; its banking services are provided through Banca AideXa S.p.A. (in-house).
AideXa's lending and capital products are provided by Banca AideXa S.p.A. (in-house).
The Embedded Finance Index 2026 maps 2 layers in AideXa's stack: Banking / BaaS (Banca AideXa S.p.A. (in-house)); Lending (Banca AideXa S.p.A. (in-house), SME term loans (€10k–€1m via Poste Italiane channel) and Fast SME financing (funds in 48 hours)).
AideXa was founded by Roberto Nicastro and Federico Sforza and is founded in 2020, headquartered in Milan, Italy.
AideXa has raised €96M+ (€100M per company site) in total (latest round: Capital raise, June 2024 (€16M)).
Get a read on where your own stack stands against AideXa and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.