Siriofin

What Siriofin does

Siriofin S.p.A. is an Italian financial intermediary (Società Finanziaria ex art. 106 del T.U.B.) registered as No. 225 in the Albo Unico degli Intermediari Finanziari under Banca d'Italia supervision, founded in 2004 by brothers Paolo and Sandro Pucci and headquartered in Rome with a branch in Velletri. The company specializes in consumer credit products, principally Cessione del Quinto (fixed-rate personal loans repaid through salary or pension deductions capped at one-fifth of monthly net income) and the related Delega di Pagamento (a second loan that, combined with an existing Cessione, allows deductions up to two-fifths of salary). It also offers Anticipo TFS advances for public-sector employees and a debt consolidation product, with mandatory life and unemployment insurance embedded in the monthly installment. Loan amounts can reach up to €60,000 for pensioners, with maximum tenors of 120 months.

Siriofin operates a sales-led model through a nationwide network of commissioned agents and collaborators across Italy, supplemented by inbound inquiries via its website, contact forms, phone lines, and two physical offices. Underwriting is described as human-led rather than automated, and the company maintains formal conventions with over 100 Italian public entities (ministries, universities, ASLs, municipalities) that generate a structural referral channel into the public-sector employee base. It also extends credit to private-sector employees with permanent contracts, INPS/ex-INPDAP pensioners, and subprime or credit-challenged borrowers who are excluded from traditional bank lending because repayment is guaranteed by the salary or pension deduction at source.

Revenue is generated primarily from interest spread (TAN/TAEG), processing fees, and embedded insurance premiums on originated loans, funded largely from the company's €2.621 million share capital following Imprebanca's 2010 strategic equity participation. Siriofin holds ISO 27001 certification for information security, but discloses no proprietary technology platform, no AI/ML capabilities, and no online loan origination flow beyond inquiry capture; loan processing and disbursement are completed in-person or by phone through agents. Revenue is not publicly disclosed and the company is privately held with no disclosed funding rounds.

Name

Siriofin

Legal name

Siriofin S.p.A.

Website

https://siriofin.it

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

11–50 employees

Short description

Siriofin S.p.A. is a Rome-based Italian financial intermediary (ex art. 106 TUB) that originates fixed-rate Cessione del Quinto and Delega di Pagamento loans to public and private employees, pensioners, and credit-challenged borrowers across Italy through a nationwide commissioned agent network.

Ownership category

akta.pro rank

Product category

Consumer Credit (Salary and Pension-Backed Lending)

NAICS

Nondepository Credit Intermediation (5222)

SIC

Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Lending & Credit Disbursements (FSAMAKAH)

Keywords

• Salary-backed loans
• Consumer credit services
• Pension loan products
• Financial intermediation
• Debt consolidation loans

Headquarters

HQ city

Rome

HQ country

Italy

HQ region

Europe

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Supply Chain, Others

Revenue model

1. Interest Income on Cessione del Quinto Loans: Siriofin earns revenue primarily from interest charged on fixed-rate personal loans (Cessione del Quinto and Delega di Pagamento). The loan portfolio is financed through the company's registered capital and generates returns through the spread between the cost of funds and the interest rate charged to borrowers (TAN/TAEG). The company also collects upfront fees including istruttoria (processing) fees and mandatory insurance premiums embedded in the monthly installment.
2. Insurance Premium Revenue: Mandatory life insurance (rischio vita) and unemployment insurance (rischio credito) premiums are included within the monthly loan installment and represent a cost component of the total financing. These are passed through to insurance providers, though the intermediary may retain a portion as part of its overall loan pricing.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Siriofin S.p.A. is an Italian financial intermediary (Società Finanziaria ex art. 106 del T.U.B.) that originates and underwrites its own consumer credit portfolio, centered on Cessione del Quinto (fixed-rate personal loans repaid via direct salary or pension deduction, capped at one-fifth of monthly net income) and Delega di Pagamento (a second salary-assigned loan layered on top of an existing Cessione). Adjacent offerings include Anticipo TFS (advance on end-of-service severance pay for public employees) and Prestito di Consolidamento Debiti (debt consolidation). Products are distributed nationwide through a network of licensed agents and collaborators, with physical offices in Rome and Velletri.

Product overview

Siriofin S.p.A. is a financial intermediary (ex art. 106 TUB) offering a specialized portfolio of credit products primarily centered on Cessione del Quinto (loan against salary/pension). The core product family includes Cessione del Quinto for public and private employees, Cessione del Quinto della Pensione for pensioners, Delega di Pagamento (an additional loan for those with existing Cessione), Anticipo TFS for public employees, and Prestito di Consolidamento Debiti for debt restructuring. All products operate nationally through a network of agents and collaborators.

Differentiator

Problem solved

Functional benefit

Products and services

• Cessione del Quinto (per Dipendenti) Fixed-rate personal loan for Italian public and private sector employees with permanent contracts, where repayments are deducted directly from salary at no more than one-fifth (20%) of net monthly income. Loan amounts depend on salary, TFR (severance), and seniority, with maximum duration of 120 months. Requires no guarantor and includes mandatory life and unemployment insurance embedded in the installment.
• Cessione del Quinto della Pensione Fixed-rate personal loan for INPS, ex-INPDAP, ENPALS and IPOST pensioners (old-age, disability excluding social disability pension, and survivors/dependents), with repayments deducted directly from monthly pension payments. Maximum loan amount €60,000, maximum duration 120 months, and maximum age at maturity of 86 years and 11 months. Includes mandatory insurance within the monthly installment and is accessible without credit-history checks.
• Delega di Pagamento Additional non-finalized personal loan for employees who already have an existing Cessione del Quinto in progress, allowing combined monthly deductions up to two-fifths (40%) of net salary. Fixed-rate, up to 120 months, with insurance premiums included in the monthly installment. Targeted at employees seeking further liquidity on top of an existing Cessione.
• Anticipo TFS per Dipendenti Pubblici Advance on the Trattamento di Fine Servizio (TFS, end-of-service severance) for Italian public sector employees, providing early access to severance funds before the standard 12–24 month public administration payout timeline. Targeted at retiring or separating public employees awaiting their TFS settlement.
• Prestito di Consolidamento Debiti Debt consolidation loan that combines multiple existing debts into a single fixed-rate monthly payment, available without a guarantor for eligible Italian employees and pensioners through the Cessione del Quinto or Delega di Pagamento framework. Targeted at borrowers carrying multiple existing credit lines and seeking simplified repayment.

Quantifiable outcome

• Loan disbursement in very short times (days for advance payment, overall process completed within weeks)
• +5 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

Partnerships

Three partnerships are on record, tiered core and minor.

• INPS (Istituto Nazionale della Previdenza Sociale)coreStrategic or Co-development PartnerINPS (and its predecessor INPDAP) is the primary pension payer with which Siriofin works for pensioner loans. The company has specific conventions for INPS pensioners enabling preferential terms and faster loan processing for retirement income recipients.
• Over 100 Italian Public Entities (Conventions)minorStrategic or Co-development PartnerSiriofin holds formal conventions with over 100 Italian public entities including ministries (Interno, Difesa, Istruzione, Giustizia, Economia), universities (La Sapienza, Cagliari, Napoli Parthenope), ASLs, municipalities, and other public bodies. These conventions enable employees of those organizations to access Siriofin's Cessione del Quinto and Delega di Pagamento products under potentially preferential conditions.
• Insurance Companies (Life and Credit Risk)coreTechnology or IntegrationSiriofin works with insurance providers to embed mandatory rischio vita (life insurance) and rischio credito (unemployment insurance) policies within each Cessione del Quinto loan. These insurance products are a regulatory requirement and are included in the monthly installment, with claims managed by the insurer in case of borrower death or job loss.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Agos: Major Italian consumer credit company (jointly owned by Crédit Agricole Personal Finance and Banca Popolare dell'Emilia Romagna). Offers personal loans, CQS, and similar salary/pension-backed credit products to Siriofin's same target segments.
• Compass Banca: Mediolanum group's consumer finance arm and one of Italy's largest Cessione del Quinto specialists. Directly competes with Siriofin across the full CQS product range for both employees and pensioners.
• Cofidis Italia: Italian subsidiary of the French Crédit Mutuel group's Cofidis. Offers personal loans and CQS products through digital and agent channels, competing for the same Italian consumer credit demand.
• Banca Sella: Italian commercial bank with consumer credit and salary-backed loan offerings. Serves similar Italian SME and consumer segments with personal loan products including delegated payment arrangements.
• Findomestic: Italian consumer credit leader, owned by BNP Paribas Personal Finance. Offers personal loans, Cessione del Quinto, and other consumer credit products across Italy — directly competing with Siriofin in the same product category and target borrower segments.
• Deutsche Bank Easy: Italian retail credit arm of Deutsche Bank offering personal loans and CQS-style consumer credit products. Competes with Siriofin for the same Italian employee and pensioner borrower base.
• Santander Consumer Bank: Italian consumer finance operations of the Santander Group. Offers personal loans and salary/pension-backed credit products to Italian consumers, directly overlapping with Siriofin's product and customer segments.
• Prestitalia: Italian Cessione del Quinto specialist (part of Intesa Sanpaolo group). Focused exclusively on salary and pension-backed loans — the most product-aligned direct competitor to Siriofin's core offering.

Emerging players

• Illimity Bank: Digital-first Italian bank offering consumer credit and specialized lending products. Represents the technology-driven competitive threat to traditional intermediaries like Siriofin, with full online origination capability.

Broad incumbents

• Intesa Sanpaolo: Italy's largest banking group, offering Cessione del Quinto and personal loan products through its retail bank and Prestitalia subsidiary. Serves the same Italian employee and pensioner base as Siriofin through a much broader product portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/siriofin
• Facebookfacebook.com/Siriofin
• LinkedInlinkedin.com/company/siriofin

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Siriofin