BorsadelCredito.it

What BorsadelCredito.it does

BorsadelCredito.it is an Italian online SME lending marketplace founded in 2013 and headquartered in Milan. The company operates as a digital marketplace connecting small and medium-sized enterprises seeking financing with lenders, and has raised approximately $2.89M across three disclosed funding rounds between 2015 and 2018, with P101 as lead investor in two rounds and additional participation from Azimut Holding, GC Holdings, and iStarter. The founding team is led by Ivan Pellegrini (Co-Founder & General Manager) and Paolo Giannotti (Founder & Investor).

Following a corporate restructuring in September 2025, BorsadelCredito.it operates within the AAtech S.p.A. SB group alongside the Opyn credit technology platform. The integrated product portfolio spans Opyn Universe (Lending-as-a-Service technology platform for financial institutions), Opyn Credit AI (AI-powered creditworthiness evaluation using big data), Opyn Pay Later (B2B Buy Now Pay Later solution for SMEs and their business clients), and Opyn Puls (AI-ready private cloud infrastructure launched January 2026). The group reports having supported over 7,000 businesses since 2012, with named customers including Azimut Holding (asset management) and Cau srl (SMB B2B payment user).

The business model combines marketplace transaction fees between SME borrowers and lenders, Lending-as-a-Service licensing and platform fees for financial institutions, B2B BNPL transaction fees, and subscription-based private cloud infrastructure services. Go-to-market is hybrid: enterprise direct sales via 'Request information' (Richiedi informazioni) CTAs for LaaS and infrastructure products targeting financial institutions and large enterprises, complemented by self-serve portals (Opyn Now for financing and lenders, Opyn Pay Later login) for SMB onboarding, and dedicated partnership programs across all major product lines for channel expansion across Italy and Europe.

Name

BorsadelCredito.it

Legal name

Opyn Spa (P.IVA07956480961) Società Capogruppo

Website

https://borsadelcredito.it

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1–10 employees

Short description

BorsadelCredito.it is an Italian online SME lending marketplace founded in 2013 in Milan, connecting small and medium-sized enterprises with financing providers. Now part of the AAtech/Opyn group following a September 2025 acquisition, it operates within an integrated credit technology ecosystem spanning Lending-as-a-Service, B2B BNPL, AI credit evaluation, and private cloud infrastructure.

Ownership category

akta.pro rank

Product category

B2B Lending Technology

NAICS

Sales Financing (52222), Other Activities Related to Credit Intermediation (522390), Credit Bureaus (561450)

SIC

Finance Services (6199), Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Embedded Lending & Credit (POS, Working Capital, Credit Lines) (FSAGALAD)

akta.pro secondary industries

SME Credit Risk, Underwriting & Financial Data (B2B Fintech Data/Decisioning) (FSAGAJAM), Vertical-Specific POS Financing (e.g., Healthcare, Auto, Home Improvement) (FSAGAIAK)

Keywords

• SME lending platform
• B2B BNPL services
• Lending as a Service
• Private cloud infrastructure
• AI credit evaluation

Headquarters

HQ city

Milano

HQ country

Italy

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Lending as a Service (LaaS): Technology licensing and platform fees for financial institutions to deploy lending capabilities using Opyn's infrastructure, AI, and big data tools
2. B2B BNPL Transaction Fees: Transaction-based revenue from Buy Now Pay Later services offered to B2B customers, with payment flexibility features
3. Private Cloud Infrastructure Services: AI-ready private cloud infrastructure services under Opyn Puls brand, enabling enterprises to accelerate digital transformation

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

BorsadelCredito.it (operating under the Opyn group) is an Italian fintech offering a multi-product credit technology portfolio for businesses. Its core offerings are Opyn Pay Later (B2B Buy Now Pay Later), Opyn Universe (Lending as a Service platform for financial institutions), Opyn Puls (AI-ready private cloud infrastructure), and Opyn Credit AI (AI-driven credit evaluation), collectively serving B2B businesses, financial institutions, and enterprise IT departments across Italy and Europe.

Product overview

Opyn is a financial technology company offering a multi-product portfolio centered on credit servicing and AI-powered financial solutions. The core offerings include Opyn Puls (AI-ready private cloud infrastructure), Opyn Pay Later (B2B Buy Now Pay Later solution), Opyn Universe (Lending as a Service platform), and Opyn Credit AI (AI-powered credit assessment module). The products are designed to work both independently and as an integrated suite, with Opyn Universe serving as the underlying technology platform that powers lending capabilities, while Opyn Credit AI provides AI-driven credit analysis that can be utilized across the ecosystem.

Differentiator

Problem solved

Functional benefit

Brands

• Opyn Puls: Private Cloud AI-ready infrastructure for businesses, enabling digital transformation through cloud and private cloud solutions
• Opyn Pay Later
• Opyn Universe
• Opyn Credit AI

Products and services

• Opyn Puls AI-ready private cloud infrastructure enabling enterprises to accelerate digital transformation with maximum flexibility offered by cloud and private cloud solutions. Targeted at large enterprises needing AI-ready infrastructure and data sovereignty.
• Opyn Pay Later Buy Now Pay Later (BNPL) solution for B2B businesses that enables companies to offer flexible and secure payment options to their business clients. Designed for Italian B2B SMEs seeking cash flow management and payment collection optimization.
• Opyn Universe Lending as a Service (LaaS) technology platform that allows businesses, particularly financial institutions, to innovate processes and offer financial services through integrated big data and AI technology. Enables banks and asset managers to deploy modern lending capabilities without building from scratch.
• Opyn Credit AI Artificial intelligence solution for the credit industry that speeds up and simplifies creditworthiness evaluation using big data and AI-powered analysis. Speeds up and simplifies credit assessment for lenders.

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature4 records

Partnerships

Two partnerships are on record, tiered core and minor.

• AAtech S.p.A. SBcoreStrategic or Co-development Partner · 10 September 2025Opyn entered the AAtech S.p.A. SB group in September 2025, establishing a strategic parent-subsidiary relationship. This acquisition positions Opyn within a larger technology group, likely providing expanded resources and strategic direction for its credit technology and BNPL solutions.
• IpsosminorStrategic or Co-development PartnerResearch partnership with Ipsos to conduct the first study on Buy Now Pay Later B2B in Europe, presented at Bricoday 2024. This joint research initiative establishes thought leadership in the European BNPL B2B market.

Scale indicators3 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• October: European SME lending platform operating across multiple countries — comparable to Opyn Universe (Lending as a Service) on the cross-border SME credit infrastructure layer.
• Credimi: Italian online lending marketplace for SMEs offering factoring, credit lines, and digital financing — directly comparable to BorsadelCredito.it's SME lending marketplace positioning and overlapping Italian customer base.
• Billie: Berlin-based B2B Buy Now Pay Later platform serving SMEs and enterprises across Europe — directly comparable to Opyn Pay Later and the European B2B BNPL category Opyn is positioning in.
• Hokodo: European B2B BNPL and trade credit platform for marketplaces and B2B merchants — competes head-to-head with Opyn Pay Later and shares the embedded credit / Lending-as-a-Service angle.
• Fabrick: Italian open banking and embedded finance platform enabling banks and corporates to launch financial services — directly comparable to Opyn Universe's embedded lending/BaaS offering in the Italian market.
• Capchase: B2B BNPL and recurring revenue financing for SaaS and SMEs — competes with Opyn Pay Later on flexible B2B payment financing and shared LaaS-style platform model.

Broad incumbents

• Iwoca: Established UK SME lending platform offering credit lines and small business loans — broader incumbent across European SME credit with overlapping target customers.
• Wayflyer: Revenue and inventory financing platform for ecommerce and SME brands — broader incumbent in non-bank SME credit and revenue-based financing.

Emerging players

• Kriya: UK B2B payments and credit platform offering Pay Later for SMEs — emerging player in the same B2B BNPL vertical with similar target segment.
• FlowPay: Czech-headquartered European B2B BNPL provider — emerging peer in the same vertical, focused on SME flexible payments across European markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/BorsadelCredito.it
• LinkedInlinkedin.com/company/borsadelcredito-it
• Instagraminstagram.com/opyn.eu
• Xx.com/BorsadelCredito

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries2 records

Funding overview

Funding rounds3 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BorsadelCredito.it