Intesa Sanpaolo enter the through crowdfunding investing in the capital of BacktoWork24, an Italian operator active in the equity crowdfunding sector and manager of the online portal for raising risk capital. The group made it known in a note, specifying that the operation was carried out through Neva Finventures, the Corporate Venture Capital that belongs to Intesa Sanpaolo Innovation Center.
Thanks to the funds obtained, BacktoWork24 will support the development of its industrial plan, with the aim of increase funding for businesses attracting more investors.
"Neva Finventures' investment in BacktoWork24 - comments Maurizio Montagnese, president of Intesa Sanpaolo Innovation Center and Neva Finventures - will allow us to closely observe the dynamics of the equity crowdfunding market and to develop projects aimed at enriching and completing the range of solutions available to start-ups”.
“We are proud that Neva Finventures has chosen our platform to enter the world of crowdfunding - says Alberto Bassi, Co-Founder & CEO of BacktoWork24 - and we are ready to explore new forms of collaboration with the Intesa Sanpaolo Group to support the growth of SMEs and Italian startups. Thanks to this investment, we aim to accelerate our growth with the aim of gaining a leadership position in the equity crowdfunding market".
