The crypto wallet developer, already backed by Poste Italiane and Banca Sella, has bagged $14m in a round led by strategic partner Banca Generali.
Financial services firm Banca Generali led a $14m funding round for US-headquartered cryptocurrency wallet developer Conio yesterday in connection with a strategic partnership agreement.
Conio has created a mobile app-based wallet designed for use with Bitcoin, in addition to supplying crypto asset management tools for financial services providers such as banks and insurers. Despite being based in the United States, it focuses on the Italian market.
Banca Generali will help distribute Conio’s technology to its customers, and Banca Generali CEO…
