What Banca Profilo does

Banca Profilo S.p.A. is an Italian private and investment bank founded in 1988 and headquartered at Via Cerva 28, Milan. The bank operates under the direction and coordination of its parent Arepo BP S.p.A. and is listed on Euronext Growth Milan under ticker BP, with regulatory supervision by Banca d'Italia and Consob. It serves three primary client groups: high-net-worth private clients (private banking and wealth management), institutional clients (capital markets, M&A advisory, structured finance), and corporate clients (lending, cash management, trade finance). Reported 9M 2025 net profit was EUR 9.4 million, with stated targets of ROE above 8% and a payout ratio around 85% by 2028.

The bank's product stack blends traditional private and investment banking with two fintech partnerships. Tinaba, an Italian fintech app partnered since 2018, delivers digital banking, a RoboAdvisor investment module, and digital payments; the recent expansion of the Alipay+ partnership with Ant Group enables Italian users to make euro-denominated QR-code payments across more than 80 million mainland China merchants. MDOTM, described as a European AI leader in wealth management, provides the algorithmic and data-driven investment management layer behind the bank's AI-powered wealth offering. The Alipay+ Voyager AI travel companion is planned for integration. Distribution combines dedicated relationship managers for HNW and institutional clients with self-serve mobile channels via the Tinaba app and the Banca Profilo Private Banking mobile app.

Revenue is generated across five streams: private banking and wealth management fees, investment banking advisory and transaction fees, corporate banking (lending, cash management, trade finance), digital payment services through Tinaba (transaction fees, FX margins, premium subscriptions), and financial intermediation and trading (net interest income, trading gains). Pricing is typically negotiated individually and not publicly disclosed. Recent strategic emphasis is on scaling the cross-border payments franchise with Alipay+ (reported 133% transaction-volume growth in 2025) and on leadership refresh: Matteo Arpe was appointed CEO in September 2025 and a new board was installed in May 2025, supported by the addition of Rosy Alaia (banking, payments and fintech background at CRIF, Banca Sella, ING, TIM-Olivetti, PwC) in November 2025.

Name

Banca Profilo

Legal name

Banca Profilo S.p.A.

Website

https://bancaprofilo.it

Company type

Public

Founded year

1988

Operating status

Operating

Headcount range

101–250 employees

Short description

Banca Profilo is an Italian private and investment bank, listed on Euronext Growth Milan and headquartered in Milan, that serves high-net-worth private clients, institutional clients and corporate clients with wealth management, capital markets advisory and corporate banking services, augmented by the Tinaba fintech app and Alipay+ cross-border QR payments.

Ownership category

akta.pro rank

Product category

Private & Investment Banking

NAICS

Portfolio Management and Investment Advice (523940), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

National Commercial Banks (6021), Investment Advice (6282), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Managed Platforms & Wrap Programs for Private Clients (Model Portfolios, UMA/SMAs) (FSAAABAM)

akta.pro secondary industries

General SME & Middle-Market Commercial Banking (FSABABAA), Neobank Core Platform (Retail/SME Digital Bank) (FSAGAAAA)

Keywords

• Private banking services
• Investment banking advisory
• Wealth management
• Corporate banking services
• Digital payment services

Headquarters

HQ city

Milan

HQ country

Italy

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Private Banking & Wealth Management: Banca Profilo serves high-net-worth private clients offering bespoke investment advisory, portfolio management, and financial planning services. Revenue is generated through advisory fees, management commissions, and performance-based charges.
2. Investment Banking: Corporate and institutional clients are served through capital markets advisory, M&A advisory, and structured finance services, generating fee-based revenue from transactions.
3. Corporate Banking: Banking services for corporate clients including lending, cash management, and trade finance.
4. Digital Payment Services (Tinaba): The Tinaba app generates revenue through payment processing, FX margins on currency conversion, and premium subscription features. Transaction volumes through Alipay+ increased 133% in 2025.
5. Financial Intermediation & Trading: Trading and market-making activities across financial instruments contributing to net interest income and trading gains. Reported 9M net profit of EUR 9.4 million with targets of ROE above 8% and 85% payout ratio by 2028.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Banca Profilo is an Italian private and investment bank providing tailored financial services to high-net-worth individuals, institutional clients, and corporate clients. Core offerings include bespoke investment advisory, discretionary portfolio management, RoboAdvisor-driven wealth management, capital markets and M&A advisory, corporate lending, cash management, trade finance, and digital payment services through the Tinaba mobile app with Alipay+ QR code payments in mainland China.

Product overview

Banca Profilo operates as a private and investment bank offering a multi-product portfolio centered around its core banking services complemented by fintech partnerships. The main products include the Tinaba fintech app (which integrates traditional banking, RoboAdvisor investment services, and QR code payments via Alipay+), MDOTM (AI-powered wealth management technology partner), and the Banca Profilo Private Banking mobile app. The bank serves private clients, institutional clients, and corporate clients through these integrated digital and traditional banking channels.

Differentiator

Problem solved

Functional benefit

Brands

• Tinaba: Italian fintech app that enables access to traditional banking services, investment services with RoboAdvisor, and next-generation financial services. Banca Profilo has a partnership with Tinaba for digital payment services.
• MDOTM

Products and services

• Private Banking & Wealth Management Bespoke investment advisory, discretionary portfolio management, financial planning, estate planning, and tax optimization services delivered to high-net-worth private clients through dedicated relationship managers in Italy.
• Investment Banking & Capital Markets Advisory Capital markets advisory, M&A advisory, structured finance, equity and bond placement, and strategic financial consulting for financial institutions, asset managers, insurance companies, and corporate clients.
• Corporate Banking Banking services for corporate clients including corporate lending, cash management, trade finance, and treasury solutions for Italian and international corporate entities.
• Tinaba Mobile App Italian fintech mobile application providing access to traditional banking services, RoboAdvisor investment management, and next-generation digital payment services including international QR code payments through Alipay+. Available on Apple App Store and Google Play.
• Banca Profilo Private Banking Mobile App Mobile banking application designed for Banca Profilo's private banking clients to access digital banking services on iOS and Android platforms.
• China Digital Payments via Alipay+ Cross-border digital payment service enabling Italian users of the Tinaba app to make QR code payments in euros at over 80 million merchants across mainland China via the Alipay+ integration, with transparent exchange rates eliminating the need for local apps or bank accounts.

Quantifiable outcome

• 133% increase in transaction volumes through Alipay+ in 2025
• +1 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability6 records

Feature3 records

Partnerships

Three partnerships are on record, tiered flagship and core.

• TinabaflagshipStrategic or Co-development Partner · 1 January 2018Banca Profilo partners with Tinaba, an Italian fintech app that provides access to traditional banking services, RoboAdvisor investment management, and next-generation digital payment services. The Tinaba app enables Banca Profilo's digital-first strategy for retail and tourist customers, with features including international QR code payments through Alipay+. The partnership began in 2018 and has been expanded with new capabilities including cashless payments in China.
• MDOTMcoreTechnology or IntegrationMDOTM is a European fintech company and AI leader in wealth management. Banca Profilo partners with MDOTM to integrate artificial intelligence capabilities into its wealth management offering, providing algorithmic and data-driven investment management services to clients.
• Alipay+coreTechnology or IntegrationAlipay+ is Ant Group's cross-border digital payment suite. Through the expanded partnership, Tinaba with Banca Profilo enables Italian users to make QR code payments at over 80 million merchants across mainland China. Transactions are processed in euros with transparent exchange rates, eliminating the need for local apps or bank accounts. The partnership, active since 2018, also plans integration of Alipay+ Voyager AI travel companion in coming months.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Regional players

• Banca Ifis: Italian listed bank with specialty finance and corporate banking focus; comparable as a mid-sized Italian listed bank operating under similar regulatory and market conditions.

Direct peers

• Credito Emiliano (Credem): Italian private bank with strong HNW/private banking franchise and selective corporate banking; comparable in client mix (private/family businesses) and advisory-led model.
• Banca Mediolanum: Italian retail/private bank with strong mass-affluent and family-client franchise, direct competitor to Banca Profilo's HNW private banking offering and one of the benchmark Italian private banks at scale.
• Banca Generali: Italian private bank specializing in wealth management and advisory for affluent and HNW clients via financial advisors — directly comparable to Banca Profilo's private banking core segment.
• FinecoBank: Italian digital-first bank with integrated private banking and investment services; comparable to Banca Profilo's blend of digital channels (Tinaba/app) and traditional private banking.
• Azimut Holding: Italian independent asset management and wealth management group; comparable in targeting affluent/HNW clients with managed portfolio solutions and advisory services.
• Banca Sella: Italian fintech-oriented banking group with consumer digital banking and wealth offerings; comparable to Banca Profilo's hybrid of traditional private banking and fintech consumer app (Tinaba) approach.

Emerging players

• Online SIM (Banca Sella Group): Italian fintech/online broker focused on self-directed investing and trading; comparable to Banca Profilo's Tinaba RoboAdvisor and digital wealth offering for retail and mass-affluent clients.
• Illimity Bank: Italian challenger/neobank focused on digital and SME lending — comparable as an Italian digitally-anchored bank, though more SME/lending-focused than Banca Profilo's wealth orientation.

Broad incumbents

• Mediobanca: Established Italian investment bank with private banking, corporate advisory and capital markets businesses — directly comparable to Banca Profilo's investment banking and corporate banking divisions, though materially larger.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCGSh_J_vN8p-tAhwJtIVWWA
• LinkedInlinkedin.com/company/banca-profilo?original_referer=https%3A%2F%2Fwww.bancaprofilo.it%2F

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Funding overview

Funding rounds

Investors

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 Banca Profilo