Credem’s Euromobiliare Asset Management unit has backed Noonum.
Credem Group, an Italy-based bank, has closed its first deal from its corporate venture capital (CVC) launched in April as peer Intesa sets up a new fund.
Credem’s Euromobiliare Asset Management unit has backed Noonum, a US-based financial analysis and portfolio construction provider developed in the Franklin Templeton Silicon Valley FinTech Incubator.
Paolo Magnani, head of Credem Group’s wealth management area, said: “We want to work with Noonum in order to allow our portfolio managers to use alternative data for their…
