“Can a mobile-first Italian payments app become a full digital wallet by riding on an established private bank's licence?”
Tinaba was founded in 2015 in Milan as a mobile payment and money-sharing app. It evolved into a full digital banking/wallet product operated in partnership with Banca Profilo, which provides the underlying banking licence and account infrastructure. PitchBook lists the company as acquired/merged, indicating a change of control.
Tinaba discloses Banca Profilo as its banking provider, according to the Embedded Finance Index 2026.
Tinaba does not disclose a bank charter of its own; its banking services are provided through Banca Profilo.
Tinaba processes payments through Tinaba Payments (self-operated).
Tinaba connects to bank accounts through Salt Edge.
The Embedded Finance Index 2026 maps 4 layers in Tinaba's stack: Payments / PSP (Tinaba Payments (self-operated)); Banking / BaaS (Banca Profilo); Open banking (Salt Edge); Sponsor bank (Banca Profilo).
Tinaba is founded in 2015 and headquartered in Milan, Italy.
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