- CEO
- Alessandro Foti
- Full Time Employees
- 1,474
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- Via Rivoluzione d'Ottobre 16 Reggio Emilia RE Italy 42123
- IPO Date
- Jan 19, 2021
- Business
- FinecoBank Banca Fineco S.p.A. (FNBKY) operates as a leading European FinTech bank, listed on the FTSE MIB index, offering integrated banking, credit, trading, brokerage, and investment services through a single account via proprietary transactional and advisory platforms and an extensive network of 3,061 personal financial advisors across 437 Fineco Centers. The company provides current accounts and payment services including debit, credit, and prepaid cards; mortgages, overdrafts, and personal loans; brokerage services encompassing order execution on global equity markets, trading in CFDs, futures, options, bonds, ETFs, and certificates; asset management through Fineco Asset Management including UCITS, SICAV units, insurance, pension products, and new private equity and active ETF solutions; and investment advisory services enhanced by AI tools such as Portfolio Builder and Search Tool. Founded in 1999 and headquartered in Reggio Emilia, Italy, FinecoBank primarily serves retail, affluent, and private banking clients in Italy with total financial assets of €154.6 billion as of September 30, 2025, including €71.2 billion in assets under management, €52.5 billion in assets under custody, and €30.8 billion in direct deposits, supported by 1.76 million clients.
In the first nine months of 2025, FinecoBank reports net sales of €9.4 billion, up 36% year-over-year, with assets under management net sales at €3.6 billion (+42.5%), direct deposits at €1.2 billion (from negative in the prior period), and assets under custody at €4.7 billion; client acquisition accelerates to 144,702 new clients (+32.6% year-over-year), reaching a potential record for 2025. Recent initiatives include the expansion of Fineco Asset Management's product range with private equity solutions launched in September 2025 and a full suite of active ETFs; integration of AI-powered tools for financial advisors including an enhanced Portfolio Builder supporting equities and bonds; and brokerage enhancements such as a brokerage-only account attracting over 20,000 new clients. The company maintains a solid capital position with a CET1 ratio of 23.9%, anticipates 2025 revenues at record levels driven by brokerage growth from an expanding active investor base, investing increases, and banking fees with a slight decline due to instant payment regulations, and expects operating costs to rise around 6% excluding growth initiatives in marketing, asset management, and AI.