Credemtel has a few million euros invest in seed and early-stage fintech.
Credem, an Italy-listed bank majority-owned by the Maramotti family, has launched a corporate venture capital program.
The unit, Credemtel, has a few million euros invest in seed and early-stage fintech, supply chain, and cybersecurity startups.
Piergiorgio Grossi, Credem’s chief innovation officer since the end of 2018, said: “Corporate venture capital was born as an important but natural transition point in the group’s open innovation process. We started attending the startup world for an exchange of experiences and for inspiration.
“We then…