“Can a P2P-lending-origin BNPL rail retain merchant relevance in Italy once absorbed by a traditional consumer-credit bank (Compass/Mediobanca)?”
Soisy launched in 2015 as an Italian P2P lending platform that evolved into a merchant-facing installment/BNPL rail for e-commerce checkouts, offering longer-tenor consumer financing (€1k–€15k over 6–60 months) rather than the pay-in-3/4 model. In October 2022 it was acquired by Compass Banca, the consumer-credit subsidiary of Mediobanca, folding an independent Italian BNPL/P2P fintech into a regulated bank's distribution.
Soisy discloses Compass Banca (parent, post-2022) as its sponsor bank, according to the Embedded Finance Index 2026.
Soisy does not disclose a bank charter of its own; its banking services are provided through Compass Banca (parent, post-2022).
Soisy processes payments through Soisy Pagamento Rateale (self-operated).
Soisy's lending and capital products are provided by Soisy (in-house).
The Embedded Finance Index 2026 maps 3 layers in Soisy's stack: Payments / PSP (Soisy Pagamento Rateale (self-operated)); Lending (Soisy (in-house), Soisy Pagamento Rateale (merchant BNPL, 3-60 month installments) and P2P personal loans (€1,000-€15,000, 6-60 months)); Sponsor bank (Compass Banca (parent, post-2022)).
Soisy is founded in 2015 and headquartered in Milan, Italy.
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