Cassa di Risparmio di Orvieto

What Cassa di Risparmio di Orvieto does

Cassa di Risparmio di Orvieto S.p.A. is an Italian regional bank founded in 1852, headquartered in Orvieto (Umbria), and operating under the supervision of Banca d'Italia as part of the Gruppo Bancario Mediocredito Centrale (parent: MedioCredito Centrale-Banca del Mezzogiorno S.p.A.). The bank serves five primary customer segments — individuals/families (Privati), self-employed professionals (Partite IVA), small and medium enterprises (Imprese), corporate clients, and public administration entities (Enti e PA) — through a hybrid branch-and-digital distribution model that combines a physical filiale network with the Mi@ CRO internet and mobile banking platform.

The core product portfolio spans deposit and payment accounts, lending products (personal loans, mortgages including green mortgages, ESG-linked sustainability loans), investment products (Futura), insurance distribution partnerships (Athora, Aviva), premium credit cards (Nexi Excellence with concierge and travel benefits), agricultural finance (ColtiviamoValore), and specialized third-sector banking (Terzo Settore CRO). The technology stack is anchored by the Mi@ CRO mobile app (developed and maintained by Cedacri Spa), PSD2-compliant Open Banking APIs (AISP/PISP/CISP) accessible via developer.cedacri.it, 3D Secure authentication with OTP and Key6 codes, biometric login, and a Transaction Risk Analysis system that performs real-time fraud scoring across payment, geolocation, and device signals. The bank is compliant with GDPR, PSD2, MiFID II, FATCA, AEOI, AML-CFT, and WCAG accessibility standards.

The business model is anchored in traditional banking revenue mechanics: net interest income from lending activities (mortgages, personal loans, SME credit), transaction fees and commissions on payments and cards, and bancassurance/affiliate referral income from insurance distribution partnerships. Pricing is not publicly disclosed; customers are directed to in-branch "Fogli Informativi" (Transparency Sheets). The bank's only documented capital event is a November 2022 rights-offering capital increase. With 251–500 employees, €51.0M of subscribed share capital, and operations confined to Italy, the institution functions as a small-to-mid-sized community-oriented regional bank within the broader Mediocredito Centrale group.

Name

Cassa di Risparmio di Orvieto

Legal name

Cassa di Risparmio di Orvieto S.p.A.

Website

https://cariorvieto.it

Company type

Private

Founded year

1852

Operating status

Operating

Headcount range

251–500 employees

Short description

Cassa di Risparmio di Orvieto S.p.A. is an Italian regional savings bank founded in 1852, part of Gruppo Mediocredito Centrale, serving individuals, professionals, SMEs, corporates, and public administration clients through branch and digital channels (Mi@ CRO) with deposits, lending, payments, insurance, and ESG finance products.

Ownership category

akta.pro rank

Headquarters

HQ city

Orvieto

HQ country

Italy

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income: Traditional banking interest income from lending activities including mortgages, personal loans, and business credit facilities. Interest rate margins from deposit-taking and lending operations.
2. Banking Fees and Commissions: Transaction fees, account maintenance fees, payment processing fees, card commissions, and advisory service fees. Includes services like payment facilitation, currency exchange, and safe deposit boxes.
3. Insurance Distribution: Bancassurance revenue from promoting and placing insurance products (life, property, casualty) through the branch network in partnership with insurance companies.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Cassa di Risparmio di Orvieto is an Italian regional savings bank that provides retail and corporate banking services including deposit accounts, mortgages, personal loans, credit cards, payment services, foreign exchange, and investment and insurance products. Services are distributed through a network of branches centered in the Orvieto/Umbria area and the Mi@ CRO digital banking platform (internet and mobile banking) supported by PSD2-compliant open banking APIs.

Product overview

Cassa di Risparmio di Orvieto is a regional Italian bank offering comprehensive retail and corporate banking services through its digital platform Mi@ CRO (internet and mobile banking) and physical branch network. The core product portfolio spans deposit accounts, credit cards (Nexi Excellence), lending products (mortgages, personal loans, green loans), investment products (Futura, Athora insurance investments), and specialized services for agricultural (ColtiviamoValore) and non-profit sectors (Terzo Settore). The bank emphasizes sustainable finance through Sustainability Linked Loans and provides fraud protection via 3D Secure and transaction monitoring systems. The Mi@ CRO platform serves as the primary digital channel for all banking services.

Differentiator

Problem solved

Functional benefit

Products and services

• Mi@ CRO Digital Banking Platform Mi@ CRO is the bank's proprietary digital banking channel combining internet banking and a mobile application (iOS and Android) that provides retail and corporate customers with full account management, payments, card management, biometric authentication (fingerprint and facial recognition), push notifications, and branch/ATM locator functionality with geolocation and QR code scanning.
• Nexi Excellence Credit Card Premium Mastercard credit card with 10,000-25,000 euro monthly spending limit, Lounge Key airport access, Concierge Plus service, travel insurance, and 45-day interest-free credit period, issued in partnership with Nexi.
• Prestiti e Mutui (Personal Loans and Mortgages) Lending product suite offering personal loans, mortgages including green mortgages for energy-efficient renovations, pension loans, and mortgage suspension options for primary residence, available to retail and SME borrowers.
• ColtiviamoValore Agricultural and rural development savings and investment products supporting the agricultural sector, targeted at farming and rural business customers.
• Futura Investment Solutions Investment and wealth management solutions for retail customers, distributed under the MiFID II-compliant non-independent advisory framework.
• Terzo Settore CRO Specialized banking services for non-profit organizations, social enterprises, and third sector entities requiring tailored accounts, payments, and lending solutions.
• Sustainability Linked Loan Loans linked to sustainability performance targets (ESG) with interest rate adjustments based on achievement of environmental and social objectives, available to qualifying corporate and SME borrowers.
• Carta Telepass Payment card product providing integrated Telepass toll payment functionality for highway and tunnel toll payments, distributed in partnership with Telepass.
• Athora Rendimento Più Premium Capital-protected insurance investment product offered in partnership with Athora, distributed through the bank's branch network as a savings and investment solution.
• Disconoscimento Operazioni di Pagamento (Payment Dispute Service) Customer-facing payment dispute service for reporting unauthorized transactions and triggering automated refund processing within PSD2 regulatory timeframes.

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

AI capability3 records

Feature5 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• Gruppo Mediocredito CentralecoreOthersParent banking group providing strategic direction and coordination. Cassa di Risparmio di Orvieto is subject to direction and coordination of MedioCredito Centrale-Banca del Mezzogiorno S.p.A. Part of Gruppo Bancario Mediocredito Centrale registered at n. 10680 dell'Albo dei Gruppi Bancari.
• Cedacri SpacoreTechnology or IntegrationTechnology partner responsible for development, updates, and maintenance of the Mi@ CRO mobile banking application and home banking systems. Provides IT infrastructure outsourcing services.
• NexicoreTechnology or IntegrationPayment card network partner issuing Nexi credit cards including Nexi Excellence. Provides payment processing infrastructure, card management services, and 3D Secure authentication.
• BdM BANCA (Banca di Bari e delle Marche)minorOthersAffiliated bank within the Gruppo Mediocredito Centrale banking group. Listed as related banking entity on the group's websites.
• TelePassminorChannel Partner/ Reseller/ DistributorPartnership for telematic toll payment services through TelePass product distribution.
• Athora (Rendimento Più Premium)minorChannel Partner/ Reseller/ DistributorInsurance/financial product partnership for Athora Rendimento Più Premium savings/product offering distributed through the bank.
• Bancomat SpacoreTechnology or IntegrationNational payment network partnership for Bancomat debit card services and ATM access.
• AvivaminorChannel Partner/ Reseller/ DistributorInsurance product distribution partnership for Aviva insurance products.
• Compass BancaminorChannel Partner/ Reseller/ DistributorConsumer credit partnership for financing products through Compass Banca.
• Fondo Interbancario di Tutela dei DepositicoreOthersMandatory depositor protection scheme. Bank is a member providing deposit insurance coverage.
• Fondo Nazionale di GaranziacoreOthersNational guarantee fund for investor protection. Bank participates as required by Italian banking regulations.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Intesa Sanpaolo: Largest Italian banking group, owner of multiple Casse di Risparmio brands. Overlaps with CRO on retail/SME product suite but operates at vastly greater scale across Italy and Europe.
• Banca Monte dei Paschi di Siena: Historic Italian savings-bank-rooted bank now operating nationally across retail, SME, and corporate segments. Direct overlap with CRO's traditional Casse di Risparmio heritage and customer base, though at a much larger scale.
• UniCredit: Major pan-European Italian-headquartered bank with broad retail, corporate, and investment banking services across Italy. A systemic incumbent competing for the same retail and SME customers as CRO.
• ICCREA Banca: Italian cooperative banking group serving Italy's network of Banche di Credito Cooperativo with central treasury, payments, and product infrastructure. Comparable in retail/community banking mission but operates at national scale rather than CRO's regional footprint.

Direct peers

• Credito Emiliano (Credem): Italian regional bank with a strong community and family-business focus across northern/central Italy. Comparable in customer segmentation (retail, professionals, SMEs), branch-led distribution model, and product breadth, though larger in scale.
• Cassa di Risparmio di Cesena (CariCesena): Italian regional Cassa di Risparmio focused on Romagna territory with retail and SME banking. Closely comparable scale, structure, and product offering to CRO.
• Banca del Monte di Lombardia: Italian regional savings/mutual bank now within the BPER group, serving retail and SME clients in Lombardy. Comparable regional savings-bank heritage, customer base, and deposit/lending business model.
• Banca di Cambiano: Mutual Italian community bank (Banca di Credito Cooperativo) serving retail and SME customers in Tuscany with full banking services. Highly comparable to CRO on product mix, governance, and regional community focus.
• Cassa di Risparmio di Asti: Italian regional savings bank (Cassa di Risparmio) of comparable size, providing retail and SME banking through branches and digital channels; closely matches CRO's product mix, customer segments, and regulatory positioning as a small Italian mutual-style savings institution.
• Cassa di Risparmio di Volterra: Small Italian regional Cassa di Risparmio serving a Tuscan territory, with retail/SME banking focus similar to CRO. Direct comparable in scale, product portfolio, and community-bank positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

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Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Cassa di Risparmio di Orvieto