BREAKING NEWS – 19.04.2024
In a press release dated 15 April 2024, Finanza.Tech, a fintech company listed on Euronext Growth Milan, announced that it has achieved the successful completion of more than 630 transactions, for a total value of € 550.00 mln, generated from both financial and tax credit transactions. Finanza.Tech also announced the launch of a new platform aimed at bridging the gap between the needs of SMEs and the opportunities offered by the financial world, thus opening up new perspectives and growth possibilities for the Italian entrepreneurial network.
Finanza.Tech announces to make its new proprietary platform accessible to a wide audience, including companies, financial operators, consultants and professionals, with the aim of offering all interested parties access to advanced analysis tools and solutions for financial management. The platform provides all the digital instruments for businesses to obtain credit according to their needs and timelines, enabling even small and micro enterprises to access the capital market easily, quickly and securely.
The new release presents an “all-in-one” solution for investigating, analysing and financing, combining data, technology and artificial intelligence to simplify assessments and daily activities related to corporate finance. With this innovative platform, FinanzaTech addresses the needs of a wide range of users, whether they are small business owners, consultants, corporate finance directors or financial institution operators.
The access to the platform takes place via different options:
- a free solution, which offers some basic tools, such as Central Risk Analysis, together with all business information functionalities, aimed at assessing the reliability of companies;
- more advanced solutions such as Tool, Execution, Data (TED) and TED PLUS. The latter provide not only business information data, but also execution tools to finalise financial transactions such as financing and factoring, together with tools for financial analysis and administrative compliance;
- and finally, there is the ILLIMITED CFO option, which, in addition to digital analysis and planning activities, also offers physical support through a dedicated financial advisor. The advisor supports the company in the analysis, planning and execution phases, acting as a true temporary manager of the company’s financial management.
The platform core is Know Your Match (KYM), a sophisticated artificial intelligence and machine learning engine that uses both internal company and market data to propose the most suitable financial solutions. KYM is able to anticipate future liquidity and finance needs, offering targeted solutions through a matching process that verifies the company’s actual compatibility with the various financial players’ policies. The aim of Finanza.Tech’s new platform, therefore, is to facilitate communication between companies and financial market players, eliminating information asymmetry and enabling companies to relate effectively with the credit system and the capital market.
A practical example of the use of the platform is the provision of quick and effective solutions to ensure liquidity for small businesses. Through the TED module, in fact, the platform analyses the economic-financial situation of the company, producing a detailed report (FT Dossier) and, finally, identifies ad hoc financial solutions (KYM) on the market. With IllimiTED, a dedicated FT Advisor works with the company, creating and updating an infomemo to present it to financial institutions and guide it in the execution of transactions. This ongoing support extends to the overall financial management of the company, ensuring constant assistance to the entrepreneur.
Finanza.tech’s offer is also suitable for large corporations aiming to achieve tax savings through the purchase of tax credits. In detail, the platform provides an intuitive dashboard to evaluate the available credits, proceed with the signing of the purchase contract, and finally conclude in real time through the relevant payment. This approach simplifies tax management and improves financial planning, providing a secure and efficient experience to optimise business resources.
In light of the press release, we confirm our estimates: target price € 2.30 BUY rating and risk MEDIUM.