Italian Challenger Bank AideXa Acquires Banking License from ECB

AideXa, an Italian banking challenger for small businesses, has reportedly acquired a full banking license which was issued by the European Central Bank (ECB).

Established by Roberto Nicastro, ex- GM at Unicredit, Banca AideXa aims to leverage AI and Open Banking to better serve SMEs based in Italy that have a turnover or annual revenue of less than €10 million.

Read more: Crowdfund Insider