Sponsor bank tracked in the Embedded Finance Index. Named by 3 companies, most often as their sponsor bank.
TypeSponsor bank
Used asSponsor bank, Banking-as-a-Service, Card issuer
Rank#115 of 199 in Sponsor Bank
Buyers3 companies
HeadquartersMilan, Italy
Founded1998
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How companies use UniCredit
3 companies name UniCredit in their stack. The most common role is sponsor bank (2). A company can use the same bank for more than one thing.
Background · from UniCredit’s own dossier
Founded as a pan-European banking group through mergers, UniCredit has progressively built out an embedded finance and fintech-partnership strategy to modernise its retail and SME offerings. Rather than building all capabilities in-house, the bank has adopted a strategic-investment and partnership model — most visibly with Banxware for embedded SME lending and Wise Platform for cross-border FX payments. The 2025 acquisition of the Aion/Vodeno BaaS platform signals ambition to become not just a consumer of embedded finance infrastructure but also a provider of it to third parties, reflecting a broader pivot toward platform-banking and embedded finance distribution.
Recent developments
- 2025-06UniCredit made a EUR 10M strategic follow-on investment in Banxware and partnered Banxware with Aion/Vodeno BaaS to scale embedded SME lending via Forward Flow model. source ↗
- 2025-07UniCredit launched cross-border FX payment service powered by Wise Platform, starting in Italy, with rollout to all European retail clients targeted by 2027. source ↗
- 2026-02HypoVereinsbank (UniCredit Germany) and Banxware launched embedded lending inside Amazon Germany Seller Central, offering term loans and credit lines to ~47,000 German Amazon sellers. source ↗
- 2026-10-07Participant in the CBMT (Commercial Bank Money Token) sandbox — a tokenized-deposit network led by Germany's Deutsche Kreditwirtschaft banking association, where tokens remain regulated deposits on the issuing bank's own balance sheet (not a stablecoin) and settle B2B/corporate payments on DLT in EUR, USD, JPY, and NOK. As of October 2026 the network counts 8 banks: Commerzbank, DZ Bank, Helaba, ABN AMRO, BNP Paribas, DNB, Commercial Bank of Dubai, and UniCredit — Commercial Bank of Dubai being the first non-European participant, extending the network into a Europe-Gulf settlement corridor. source ↗
Who uses UniCredit
3 companies disclose UniCredit in their stack
Buyer mix · 3 of 3 classified
Marketplace / Travel · 1Vertical SaaS / Accounting · 1Vertical SaaS / Real Estate · 1
What the disclosures say
Casavo“Casavo Mutui S.r.l. is a registered credit intermediary in Italy (OAM n. 536) — its privacy documents cite UniCredit and Avvera (Credem group) as partner lenders whose mortgages Casavo intermediates to end customers.”
Miles & More“The miles-and-more.com credit cards page lists issuing banks by country: Deutsche Bank (Germany), card complete Service Bank AG (Austria), Erste Card and PBZ Card (Croatia), Alpha Bank (Cyprus), Piraeus Bank (Greece), Advanzia and UniCredit (Italy), Spuerkeess (Luxembourg), Bank Pekao (Poland), Caixa Geral de Depósitos…”
inFakt“The UniCredit BaaS integration lets end-users pay taxes and supplier invoices from the app, but that is a banking rail, not a merchant PSP.”
The complete buyer list is not published on this page.
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Where UniCredit’s buyers are
3 countries with a disclosed buyer HQ
3 classified buyers, shaded by concentration — heaviest in 🇮🇹 Italy (1). HQ country, not where UniCredit operates.
🇮🇹 Italy · 1🇩🇪 Germany · 1🇵🇱 Poland · 1
What UniCredit runs on · from its own dossier
The third-party providers UniCredit itself discloses, layer by layer — the vendor as a buyer. Distinct from the companies above that disclose UniCredit.
Other banks in Sponsor Bank
Other banks named for Sponsor Bank in the index, by the number of companies that disclose them. A count of public disclosures, not a ranking of the products.
Share this rank
An embeddable badge for UniCredit’s own site — it always shows this page’s current rank, so it stays accurate as new disclosures land. States its own denominator; never claims a number this page doesn’t.
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alt="Ranked #115 of 199 in Sponsor Bank — Embedded Finance Index 2026">
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<img src="https://www.embeddedfinanceindex.com/api/badge/unicredit/install" width="1" height="1" alt="" style="display:none">UniCredit — frequently asked
Which companies use UniCredit?
3 companies are linked to UniCredit in the Embedded Finance Index 2026, through their own public disclosures or UniCredit's published customer list, including Casavo, Miles & More and inFakt.
What do fintechs use UniCredit for?
UniCredit is a sponsor bank. Companies in the Embedded Finance Index 2026 name it as their sponsor bank (2), banking-as-a-service (1) and card issuer (1).
Where is UniCredit headquartered?
UniCredit is founded in 1998 and headquartered in Milan, Italy.
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