Confidare
Confidare is an Italian cooperative financial intermediary supervised by Banca d'Italia that provides credit guarantees, direct lending, and subsidized finance advisory to over 30,000 SME members across multiple Italian regions.
- Company typePrivate
- Founded1974
- HeadquartersTorino, Italy
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Confidare does
Confidare S.C.p.A. is an Italian financial intermediary and cooperative (Società Cooperativa per Azioni) founded in 1974 and headquartered at Palazzo d'Harcourt in Turin. Operating for over 50 years, the company is supervised by Banca d'Italia under Article 106 of the Consolidated Banking Law (T.U.B.) and holds accredited certifier status for Italy's national SME Guarantee Fund (Fondo di Garanzia per le PMI), enabling it to issue counter-guarantees with zero risk weighting on bank balance sheets. Confidare's legal capital stood at EUR 33,195,642 as of 31 December 2025 with own funds of EUR 26.4 million and a 31.6% CET1 capital ratio, reflecting strong capital adequacy well above regulatory minimums.
The company's core offering comprises three product lines: (1) credit guarantees covering up to 80% of loan amounts issued to banks on behalf of member SMEs, with ri-assurance through the Fondo Centrale di Garanzia; (2) direct credit products including short-term and medium/long-term loans for investment projects and working capital; and (3) subsidized finance advisory (finanza agevolata) covering regional, national, and EU programs such as Nuova Sabatini Green and regional energy efficiency schemes. A proprietary evaluation system underpins creditworthiness assessment and guarantee portfolio management. Distribution is conducted through a 14+ location territorial network across Piedmont, Liguria, Lombardy, Lazio, and Campania, complemented by co-located presence within Confartigianato association offices and over 30 banking conventions.
Revenue is generated through transaction fees on guarantees, interest income from direct credit, and professional-services fees on subsidized finance advisory, with commissions calculated on a proprietary tariffario based on guarantee percentage and ri-assurance profile. The customer base is horizontal and diversified across over 30,000 member businesses, with primary segments being micro/small/medium enterprises, artisans, startups, and women/youth-led enterprises. Recent operational momentum is substantial: guarantees grew 26–30% year-over-year across 2024–H1 2025, direct credit grew 290% in H1 2025, net commissions rose 19.3% in 2024, and 2025 saw over EUR 93 million in total resources activated for businesses.
Confidare firmographics
Firmographics- Name
- Confidare
- Legal name
- Confidare S.C.p.A.
- Website
- https://confidare.it
- Company type
- Private
- Founded year
- 1974
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Confidare is an Italian cooperative financial intermediary supervised by Banca d'Italia that provides credit guarantees, direct lending, and subsidized finance advisory to over 30,000 SME members across multiple Italian regions.
- Ownership category
- akta.pro rank
Confidare industry classification
Industry- Product category
- SME Credit Guarantee & Financial Intermediation Services
- NAICS
- Nondepository Credit Intermediation (5222), Credit Intermediation and Related Activities (522), Credit Unions (522130)
- SIC
- Short-Term Business Credit Institutions (6153), Miscellaneous Business Credit Institution (6159)
- akta.pro primary industry
- Cooperative Banks (Member-Owned Commercial/Retail) (FSABAEAF)
Keywords
Where Confidare is headquartered
LocationHeadquarters
- HQ city
- Torino
- HQ country
- Italy
- HQ region
- Europe
Offices14 records
Markets served
Confidare business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Guarantee Commissions: Primary revenue stream from issuing credit guarantees to banks on behalf of member SMEs. Confidare charges commission fees for guarantees covering up to 80% of loan amounts, with ri-assurance through the Fondo Centrale di Garanzia for SMEs.
- Direct Credit: Confidare provides direct financing to businesses, complementing bank lending. This includes short-term and medium/long-term loans for investment projects and working capital needs.
- Subsidized Finance Advisory: Consulting services helping businesses access subsidized finance programs (finanza agevolata) including regional funds, national incentive programs, and EU-supported initiatives such as Nuova Sabatini Green and regional energy efficiency programs.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Customized pricing based on guarantee type and business profile |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
Confidare product offering
Product offeringCore offering
Confidare is an Italian financial intermediary (Confidi) that provides credit guarantees (up to 80% coverage, with counter-guarantee from the Fondo Centrale di Garanzia), direct lending (short-term and medium/long-term loans for investments and working capital), and subsidized finance advisory (finanza agevolata) helping SMEs access regional, national, and EU incentive programs such as Nuova Sabatini Green. The cooperative serves over 30,000 member businesses, primarily micro, small and medium enterprises (MPMI), artisans, and startups across Italy, with a particular concentration in Piedmont.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- 410 investment projects supported in 2024
- +5 more outcomes
Companies that use Confidare
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles2 records
Confidare technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Confidare partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered core and important.
- Confartigianato Piemonte e Valle d'AostacoreStrategic partnership to build an integrated credit supply chain for regional businesses. Confidare hosted the meeting 'La nuova filiera del credito per le imprese' with Confartigianato leadership including National President Marco Granelli. The collaboration focuses on supporting artisans, micro, small and medium enterprises through Artigiancassa and other programs.
- ArtigiancassacoreArtigiancassa is a key partner in the new credit supply chain initiative with Confidare and Confartigianato. The partnership aims to provide specialized financing solutions for artisan businesses and SMEs in Piedmont, leveraging Artigiancassa's products and Confidare's guarantee capabilities.
- Mediocredito CentraleimportantMediocredito Centrale manages the 'Garanzia Artigianato Liguria' and 'Cassa Commercio Liguria' programs co-financed by Regione Liguria and the European Regional Development Fund (FESR). Confidare, as a monitored Confidi, supports businesses in preparing applications and accessing these subsidized programs.
- Finpiemonte S.p.A.coreConfidare was selected as the primary awardee to manage the 'Fondo Rischi Confidi' regional program managed by Finpiemonte S.p.A. This partnership enables Confidare to provide risk coverage for bank financing and administer vouchers up to 10,000 euros for SMEs in Piedmont, strengthening the regional credit ecosystem.
- Banca del FucinocorePartnership agreement signed at Banca del Fucino's historic Rome headquarters to simplify access to credit and promote development of micro, small and medium enterprises (MPMI). Banca del Fucino, founded in 1923 and part of Gruppo Bancario Igea Banca, collaborates with Confidare to provide facilitated credit access and efficient process management for Italian SMEs.
- Confartigianato Imprese Piemonte OrientalecoreAgreement to support businesses in Novara, Vercelli, and Verbano-Cusio-Ossola provinces. Confidare gains physical presence in Confartigianato offices, while Confartigianato members gain access to guarantees, direct credit, and a wide range of financial services. The partnership serves businesses 'at home' with effective and fast evaluation and disbursement.
- illimity BankcoreAgreement with illimity Bank (high-tech banking group founded by Corrado Passera) to support capital and liquidity needs of Piedmont SMEs. This was a first-of-its-kind financial operation in Italy's Confidi ecosystem, with Confidare facilitating access to illimity's specialized SME lending products.
- Banca AideXaimportantPartnership with Banca AideXa, a Milan-based fintech bank founded in 2020 by Roberto Nicastro and Federico Sforza that obtained its banking license in June 2021. The partnership combines territory knowledge and relationship banking with digital processes, offering innovative financial solutions to SMEs.
- Cassa Depositi e Prestiti S.p.A.importantBilateral agreement under the Protocollo d'Intesa between CDP and Assoconfidi to facilitate economic development, enhance the guarantee system, and support Confidi activities. The partnership aims to develop joint initiatives for Italian business credit access, including potentially innovative financial instruments.
- Banca del Mezzogiorno - Mediocredito CentraleimportantConvention signed to support businesses through credit and financial services, with a focus on Southern Italy development (Mezzogiorno) and national economic growth objectives.
- Cassa Centrale BancaimportantPartnership with Cassa Centrale Banca, a primary Cooperative Banking Group with nationwide presence through 84 local banks. The alliance expands the range of credit and consulting offerings available to Confidare member businesses.
- Fondo di Garanzia per le PMIcoreAccredited guarantee provider (soggetto garante accreditato) for the SME Guarantee Fund, enabling Confidare to issue counter-guarantees that receive zero risk weighting on bank balance sheets, facilitating easier credit access for member businesses.
- Regione PiemontecoreConfidare received 4.7 million euros from a 7 million euro regional fund allocation to integrate Confidi risk funds, enabling reduced guarantee costs for member businesses. Also partnered on Tranched Cover Piemonte measure with Unicredit and Finpiemonte (7.5 million euro financing portfolio).
- UnicreditimportantPartnership in the Tranched Cover Piemonte program alongside Confidare and Finpiemonte, providing a dedicated 7.5 million euro loan portfolio for Piedmont micro, small and medium enterprises for productive investments, capitalization, and working capital.
Scale indicators14 records
Recent moves8 records
Expansion highlights5 records
Confidare competitors and assessment
Company assessmentDirect peers
- Eurofidi S.C.p.A. Italian Confidi operating in Piedmont providing credit guarantees and direct lending to SMEs. Directly comparable as a regional cooperative financial intermediary with similar business model and target customer base (Italian SMEs/artisans).
- Cofidi S.C. Puglia-based Italian Confidi providing credit guarantees to SMEs and artisans. Directly comparable as a cooperative mutual guarantee institution with similar product offering and member-owned structure serving regional SMEs.
- Artigiancassa S.p.A. Italian financial institution dedicated to artisan credit and Confartigianato-affiliated businesses. Directly comparable as a specialized SME credit provider with strong ties to the same Confartigianato ecosystem Confidare serves.
- Federconfidi: National federation/umbrella of Italian Confidi. Directly comparable as a coordinating body for cooperative guarantee institutions operating under similar regulatory frameworks (Article 106 TUB) and serving the same SME segment.
Broad incumbents
- Mediocredito Centrale (Banca del Mezzogiorno): Italian state-owned financial institution managing public guarantee programs (Fondo di Garanzia PMI). Comparable as a major institutional channel for SME credit guarantees and subsidized finance, though operating at national scale rather than as a Confidi.
- illimity Bank: Italian digital-native bank focused on SME lending and distressed credit. Comparable as a partner bank for Confidare, sharing SME customer segment; broader incumbent with wider product portfolio including direct lending.
- Iccrea Banca (Cassa Centrale Banca Group): Italian cooperative banking group encompassing BCC (banche di credito cooperativo). Comparable as a large institutional partner of Confidare and broader SME lender under the cooperative banking umbrella, with credit intermediation activities for SMEs.
- SACE S.p.A. Italian state-owned export credit and guarantee agency. Comparable as a major institutional provider of guarantees and credit insurance for Italian businesses, operating in adjacent SME credit guarantee space at national scale.
Regional players
- Finpiemonte S.p.A. Regional financial institution of Piedmont managing public funds and incentive programs for SMEs. Comparable as a partner channel for Confidare that administers subsidized finance instruments and risk coverage mechanisms in the same territory.
Emerging players
- Banca AideXa: Italian fintech bank focused on SME and small business digital lending. Comparable as a digital-first SME lender partnering with Confidare; partial overlap in customer segment but distinct in delivery model (digital vs relationship-based).
Market position
Competitive moat5 records
Key highlights7 records
Customer concentration
Confidare social profiles
Digital presenceConfidare financial estimates
Financial estimateRevenue estimate
Valuation estimate
Confidare leadership team
Management profileNumber of profiles
Profiles14 records
Confidare funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Confidare M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Confidare
What does Confidare do?
Confidare is an Italian financial intermediary (Confidi) that provides credit guarantees (up to 80% coverage, with counter-guarantee from the Fondo Centrale di Garanzia), direct lending (short-term and medium/long-term loans for investments and working capital), and subsidized finance advisory (finanza agevolata) helping SMEs access regional, national, and EU incentive programs such as Nuova Sabatini Green. The cooperative serves over 30,000 member businesses, primarily micro, small and medium enterprises (MPMI), artisans, and startups across Italy, with a particular concentration in Piedmont.
Is Confidare a public or private company?
Confidare is a private company. It is classified as management employee owned and is currently operating.
When was Confidare founded?
Confidare was founded in 1974. It employs 51 to 100 people.
Where is Confidare based?
Confidare is headquartered in Torino, Italy, in the Europe region.
How does Confidare make money?
Three revenue lines are on record. Guarantee Commissions are the primary driver. The others are direct Credit and subsidized Finance Advisory.
Who are Confidare's main competitors?
Direct peers on record are Eurofidi S.C.p.A., Cofidi S.C., Artigiancassa S.p.A. and Federconfidi. Broad incumbents are Mediocredito Centrale (Banca del Mezzogiorno), illimity Bank, Iccrea Banca (Cassa Centrale Banca Group) and SACE S.p.A.. Finpiemonte S.p.A. is listed as a regional player. Banca AideXa is listed as an emerging player.
Does Confidare have an API?
No public API is recorded for Confidare.
What industry is Confidare in?
Confidare's product category is SME Credit Guarantee & Financial Intermediation Services. Its primary akta.pro industry code is FSABAEAF, Cooperative Banks (Member-Owned Commercial/Retail). Its NAICS code is 5222 and its SIC code is 6153.