Euro Fidi

What Euro Fidi does

Eurofidi - Società Consortile di Garanzia Collettiva Fidi S.c. a r.l. in liquidazione is an Italian mutual guarantee consortium (Confidi) headquartered in Turin at Via Perugia 56, registered with the Chamber of Commerce of Turin and operating under the supervision framework applicable to Italian Confidi. The company was structured as a member-owned financial intermediary that provided collective bank guarantees to small and medium enterprises (PMI) that lacked sufficient collateral to access credit on favorable terms directly. Its sole core product, "Garanzia Bancaria," presented mutualistic guarantees to credit institutions on behalf of member SMEs, supporting instruments including overdraft lines, factoring, leasing, subsidized loans, medium/long-term investment financing, venture capital, energy-efficiency loans, and public-procurement certifications. The consortium explicitly augmented — but did not create — the credit capacity of members, requiring applicants to demonstrate autonomous creditworthiness.

Eurofidi's revenue mechanics were tied to guarantee activity: a €400 secretarial fee was charged per guarantee request upon approval, with ongoing guarantee commissions debited monthly via SEPA. Distribution was carried out through a combination of direct territorial branches (e.g., Gallarate), channel partners (Euroveneto Srl in Padova and Verona, C.M.F. Mediatore creditizio in Napoli), and institutional banking relationships, most notably a €100 million partnership with BNL announced in July 2015. The consortium also participated in the Ministry of Economic Development's SME Guarantee Fund (Law 662/96) and, from February 2016, the POR FESR 2007/2013 regional program that integrated risk funds of the Piedmontese Confidi. Geographic reach spanned essentially all Italian regions via a mix of direct and partner-led operational points.

By the close of the available record, Eurofidi is in liquidation. A €50 million capital increase was approved in April 2015, Stefano Ambrosini was nominated President in July 2015, Massimo Ceretto was appointed Director of Guarantees in August 2015, Ambrosini departed in May 2016, and in December 2016 the company announced the sale of a business unit (Cessione Ramo D'Azienda). The registered share capital stood at €35,802,262.46; the company had between 11 and 50 employees; and no revenue, ARR, or transaction-volume figures are disclosed. Forward-looking growth signals are absent, and the entity is best understood as a winding-down Confidi rather than an operating platform.

Name

Euro Fidi

Legal name

Eurofidi - Società Consortile di Garanzia Collettiva Fidi S.c. a r.l. in liquidazione

Website

https://eurofidi.it

Company type

Private

Operating status

Closed

Headcount range

11–50 employees

Short description

Euro Fidi is a Turin-based Italian mutual guarantee consortium (Confidi) that provides collective bank guarantees to member SMEs to facilitate their access to bank credit; the entity is currently in liquidation following a December 2016 business-unit sale.

Ownership category

akta.pro rank

Product category

Mutual Credit Guarantee Services

NAICS

Depository Credit Intermediation (5221)

SIC

Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Development Finance, Guarantees & Blended Finance Programs (BPADABAM)

Keywords

• Mutual guarantee consortium
• SME credit access
• Bank guarantee services
• Confidi collective guarantee
• SME loan facilitation

Headquarters

HQ city

Turin

HQ country

Italy

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Others

Revenue model

1. Guarantee Fees: Eurofidi charges member enterprises a €400 secretarial fee for processing guarantee requests. Additional ongoing fees are collected via SEPA procedure in the month following guarantee issuance. The mutualistic nature of the consortium means fees are structured to support collective SME credit access rather than profit maximization.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Eurofidi is an Italian mutual guarantee consortium (Confidi) that issues collective bank guarantees to member small and medium enterprises to facilitate their access to bank credit. Guarantees cover credit lines, leasing, factoring, subsidized loans, medium/long-term investment financing, venture capital operations, energy-saving financing, and certifications for public procurement plans. The consortium supplements its mutualistic guarantees with the SME Guarantee Fund of the Ministry of Economic Development (Law 662/96).

Product overview

Euro Fidi is a Confidi (Consortium for Collective Credit Guarantees) that provides mutualistic bank guarantee services exclusively to member small and medium enterprises. The company's primary offering is the Garanzia Bancaria, which helps member businesses access credit by providing guarantees to banks. The service is complemented by the SME Guarantee Fund of the Ministry of Economic Development (Law 662/96). Euro Fidi operates in liquidation status and serves as an intermediary between SMEs and financial institutions.

Differentiator

Problem solved

Functional benefit

Products and services

• Garanzia Bancaria (Bank Guarantee)

Quantifiable outcome

• Interest rates on guaranteed credit lines aligned to best market conditions

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Six partnerships are on record, tiered core and minor.

• Regione Piemonte (POR FESR)coreStrategic or Co-development Partner · 1 February 2016Eurofidi operational on POR FESR 2007/2013 program supporting SME access to credit through integration of risk funds of Piedmont Confidi.
• BNL (Banca Nazionale del Lavoro)coreStrategic or Co-development Partner · 3 July 2015Partnership providing €100 million in support for enterprises. BNL and Eurofidi collaborate to channel guaranteed credit to SME members, facilitating access to financing.
• Fondazione MichelinminorStrategic or Co-development PartnerAgreement to encourage employment through contributions for hiring. Eurofidi provides guarantees supporting job creation initiatives.
• Film Commission Torino PiemonteminorStrategic or Co-development PartnerJoint cinema fund created with Film Commission Torino and FIP to support enterprises investing in the film sector.
• Euroveneto SrlminorChannel Partner/ Reseller/ DistributorOperational partner providing Eurofidi services in Padova and Verona regions.
• C.M.F. Mediatore creditiziominorChannel Partner/ Reseller/ DistributorCredit intermediary providing Eurofidi services in Napoli region.

Scale indicators3 records

Recent moves7 records

Expansion highlights3 records

Others

• Federconfidi: Italian federation of Confidi representing the sector institutionally. Not a direct competitor but a thematic peer given Eurofidi's membership and participation in the same national policy and EU-funding channels (POR FESR, FEI/FEIS).

Broad incumbents

• Coface: Global credit insurance and guarantee provider serving SMEs and mid-market companies across Europe. Comparable at the category level—SME credit risk intermediation—though operating at significantly greater scale than Eurofidi.
• Mediocredito Centrale: Italian state-backed credit institution supporting SME access to credit, including through counter-guarantee mechanisms. A broad incumbent operating in Eurofidi's ecosystem at the national policy level and through Law 662/96-style facilities.
• Euler Hermes (Allianz Trade): Global trade credit insurance and guarantee provider. Comparable as a much larger incumbent offering SME and trade credit guarantees, providing a benchmark for product breadth and scale within the broader credit guarantee industry.

Direct peers

• Eurogroup: Italian financial holding that shares infrastructure and contact channels with Eurofidi (press office email routes through eurogroup.it). Operates adjacent SME credit guarantee and credit intermediation activities in Italy, making it the closest organizational peer and likely parent/affiliate network.
• Cooperfidi Italia: Italian cooperative credit guarantee consortium providing collective guarantees to cooperative SMEs across regions. Mirrors Eurofidi's mutualistic Confidi model, member-owned structure, and bank-channeled guarantee distribution.
• Ascomfidi: Italian Confidi associated with Confcommercio that provides mutual guarantees to SMEs in trade, tourism, and services—directly comparable mutual guarantee consortium targeting the same SME credit-access problem Eurofidi addressed.
• Artigianfidi: Italian Confidi focused on artisans and small craft enterprises, providing mutual bank guarantees on identical terms to Eurofidi's offerings. Operates within the same national Confidi ecosystem and regulatory framework.
• Confidi Italia: Italian association of Confidi that aggregates and represents mutual guarantee consortia. Provides direct comparability on member profile, guarantee product design, and distribution model, and signals the consolidating sector context referenced in Eurofidi's own 2015 communications.

Emerging players

• Banca Etica: Italian cooperative ethical bank that lends directly to SMEs and social enterprises. Comparable as an alternative mutual/cooperative SME financing channel, though it competes via direct lending rather than guarantees.

Market position

Strengths1 record

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/eurofidi-s-c-a-r-l-in-liquidazione

Revenue estimate

Valuation estimate

Number of profiles

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 Euro Fidi