Enel and Intesa take over Mooney, a European fintech emerges – Nach Welt

This creates a joint European fintech with an already strong customer base.

Starace: good growth opportunities

These operations are in line with the Enel Group’s 2022-24 Strategic Plan and are part of the stewardship model. “This acquisition – said Enel CEO Francesco Starace – represents a good growth opportunity for us in the fintech segment, which fits well with the Enel Group’s new industrial vision, given that digital payments are increasingly being used for invoices. ” Services that go beyond the power supply, such as electromobility. With digital payments, we can meet customer needs for flexibility and user-friendly tools in line with our customer-centric approach. We look forward to working with our new partner Intesa Sanpaolo, with the aim of offering an ever wider range of services and meeting the growing needs of our customers even better ”.

Messina: fundamental to a progressive digital strategy

“Mooney – according to Intesa CEO Carlo Messina – is a fundamental part of the development of our advanced digital strategy, which will be one of the pillars of the next business plan aimed at our retail customers who value proximity and flexibility. As a group, we will benefit from the innovation and growth potential of a European fintech while lowering the cost of dedicated service to those customers who least need to visit our branches. Thanks to our partnership with Enel, a leading company internationally recognized, Mooney will give us recognition also enable new customers to be won and the digital service model to be expanded internationally ”.

Development of proximity and digital payment services

The operation – the two companies explain – has important industrial value thanks to the creation of a partnership between Intesa Sanpaolo and Enel that will accelerate Mooney’s growth and development path in proximity and digital payment services as well as connected services. Mobility and the energy industry. Mooney, further strengthened by the completion of this transaction, will continue to play an important role for the Intesa Sanpaolo Group in providing the bank’s customers with easy, fast and secure access to a large number of payment transactions.

Reference-www.nach-welt.com

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