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Unicredit: agreement with Plug and Play on fintech

The bank is a founding partner of Plug & Play Italy and a strategic partner of Plug and Play's European fintech hub in Frankfurt

Unicredit: agreement with Plug and Play on fintech

UniCredit has signed an agreement with Plug and Play, a platform born in California and which brings together start-ups and companies in all the main market sectors, which will allow the Italian bank to experiment with new solutions in the field of Fintech.

The agreement was announced today, April 15, during the inauguration of the Milan branch of Plug & Play dedicated to Food & Beverage. Unicredit is a founding member.

At the same time, UniCredit is also a partner of Plug and Play's European Fintech hub in Frankfurt.

“Thanks to this partnership – explains the bank in a note – UniCredit will have the opportunity to increase experimentation with innovative solutions in the Fintech world and benefit from ideas and products that can improve banking processes as well as the offer of products and services to clients".

“Being a partner of Plug and Play in two of the main operating markets of the Group such as Italy and Germany, will give UniCredit the opportunity to offer innovative projects for the benefit of its customers, such as corporate companies, small medium enterprises and Ultra High Net Worth Individuals , connecting them with the Plug and Play ecosystem, thanks to tailor-made initiatives. Among these, participation in international events such as workshops, conferences and presentations to specialized startups”, specifies Unicredit.

Ranieri De Marchis, Co-Chief Operating Officer of Unicredit, commented: “Unicredit is a simple and successful pan-European bank and we have been building solid relationships with our customers for years, responding promptly to their evolving needs by offering them an full commercial. We know that our customers are increasingly demanding simplicity and we recognize the crucial role that technology plays in achieving this goal. We believe that Fintechs can help us find new digital solutions that meet customer needs and the partnership with Plug and Play provides us with another strategic tool to do so".

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