What FinecoBank does

FinecoBank S.p.A. is a publicly listed Italian fintech bank (founded 1999, IPO 2016, ticker FBSI on the FTSE MIB) that operates an integrated platform combining retail banking, multi-asset trading, and investment services within a single account. The company serves approximately 1.5 million customers, primarily retail investors and active traders in Italy, with selective cross-border trading access into Germany, France, the Netherlands, Portugal, the USA, and Canada. Customer assets exceed €160B and the CET1 capital ratio stands at 23.2-23.3%, among the most capitalized banks in Italy.

The business is anchored by a proprietary technology stack: the FinecoX advanced trading platform spans 26+ global markets and is accessible across desktop, web, and mobile (iOS, Android, Huawei). Fineco also operates an Open Banking API with a developer portal (devportal.finecobank.com) and acts as a Systematic Internaliser (MIC: FBSI) for transparent on-venue execution. Product breadth covers four account tiers (One free, Classic €3.95/month, Max €29.95/month, Trading free), debit/credit cards (including Mastercard Travel Rewards cashback), mortgages, personal loans, Credit Lombard secured lending, multicurrency accounts, and the CashPark deposit account. Trading and investing offerings include stocks, ETFs, bonds, CFDs, proprietary Turbo and Fixed Leverage Certificates, cryptocurrencies via CFDs, futures/options, Knock-Out products with up to 100x leverage, Piani di Accumulo (PAC) systematic plans, thematic and ESG funds, Core Pension, and an Advice+ fee-based advisory service alongside Private Banking for HNW clients.

Revenue is generated through three primary streams: net interest income (€176M in Q2 2026, +14% YoY) from lending products and deposits, commission income (€162M in Q2 2026) from trading and investment distribution, and recurring account subscription fees. Q2 2026 net profit reached €181M, beating analyst expectations by 6%, with €1.7B in net inflows during July 2026 (+40% YoY). Distribution combines a digital-first self-serve model (website and mobile apps) with a licensed network of financial advisors (consulenti finanziari abilitati all'offerta fuori sede), physical Fineco Centers, Fineco Days community events, an affiliate program via Impact.com, and content marketing through the Fineconomy blog and Fineco Trading/Investing Academies. Fineco is supervised by Banca d'Italia, Consob, IVASS, and the Italian Data Protection Authority, and is GDPR-compliant with ESG fund screening aligned to SFDR.

Name

FinecoBank

Legal name

FinecoBank S.p.A.

Website

https://finecobank.com

Company type

Public

Founded year

1999

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

FinecoBank is an Italian publicly-listed fintech bank (FTSE MIB: FBSI) offering integrated banking, trading, and investment services through its proprietary FinecoX platform to ~1.5 million retail customers across Italy and select international markets, with €160B+ in customer assets and a CET1 ratio of 23.3%.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Commercial Banking (52211), Depository Credit Intermediation (5221), Credit Card Issuing (52221)

SIC

Functions Related To Depository Banking, Nec (6099), Personal Credit Institutions (6141)

akta.pro primary industry

Credit & Overdraft Enablement (Credit Lines, Underwriting Integrations) (FSAGAAAJ)

akta.pro secondary industries

Credit Cards & Revolving Credit (FSABAAAC), Account Aggregation & Connectivity (Multi-bank linking) (FSAGACAA)

Keywords

• Digital retail banking
• Online brokerage services
• Wealth management advisory
• Multi-asset trading platform
• Payment card services

Headquarters

HQ city

Milan

HQ country

Italy

HQ region

Europe

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Net Interest Income: Interest earned on lending products (Credit Lombard, personal loans, mortgages) and from deposits. Q2 2026 net interest income reached €176 million, up 14% year-over-year.
2. Commission Income: Trading commissions, investment product distribution fees, and advisory fees. Q2 2026 commission income was €162 million. Includes trading commissions (decreasing tiers based on volume), PAC fees, and insurance product distribution.
3. Account Subscription Fees: Monthly account maintenance fees for Classic (€3.95/month) and Max (€29.95/month) plans, with free banking tiers (One and Trading) conditional on asset levels.

Pricing tiers

Go-to-market motion4 records

Distribution channels5 records

Marketing channels9 records

Core offering

FinecoBank is an Italian fintech bank that delivers integrated retail banking, multi-asset trading, and investment services through the FinecoX digital platform, mobile apps, and a network of licensed financial advisors. Its core offering combines current accounts, payment cards, lending (mortgages, personal loans, Credit Lombard), trading across 26+ global markets (stocks, ETFs, CFDs, futures, options, derivatives, crypto), and investment products (funds, PAC plans, pension, advisory, Private Banking) within a single unified account. The bank also distributes third-party insurance products and operates an Open Banking developer ecosystem.

Product overview

FinecoBank is an Italian fintech bank offering an integrated banking, trading, and investing platform. The core product portfolio includes four account types: Conto One (free), Conto Classic (3.95 EUR/month), Conto Max (29.95 EUR/month), and Conto Fineco Trading (trading-focused). Banking services encompass debit/credit cards (including Mastercard Travel Rewards cashback), mortgages, personal loans, Credit Lombard, deposit accounts, and multicurrency accounts. Trading offerings include the FinecoX platform for multi-market access across 26+ worldwide markets, covering stocks, ETFs, bonds, CFDs, Fineco-issued Certificates (Turbo and Fixed Leverage), cryptocurrencies, Futures/Options (with Super Leva and Micro Futures), and Knock-Out products. Investing services feature thematic funds (climate, sustainability, infrastructure), Piani di Accumulo (PAC), Core Pension fund, Advice+ fee-based advisory, and Private Banking for high-net-worth clients (160+ billion EUR AUM). Insurance products distributed include Core Multiramo, Top Valor, and CNP life/protection products. Technology platforms include Open Banking API (devportal.finecobank.com), Fineco mobile apps (iOS/Android/Huawei), Accessibility feedback system, Whistleblowing platform, and Developer Portal for third-party integration.

Differentiator

Problem solved

Functional benefit

Brands

• FinecoX: Advanced trading platform offered by FinecoBank
• Fineco Trading
• Fineco Private Banking
• Fineconomy
• Credit Lombard
• CashPark

Products and services

• Conto Fineco One Free full banking and trading account with zero monthly fee, digital-only assistance, free virtual debit card, included trading and investment access, and 0% commission on FX with the Fineco Card Debit.
• Conto Fineco Classic Full banking and trading account priced at €3.95/month (waived with €50,000 in assets), offering mail and phone assistance, reduced-cost physical card, plus all One account features.
• Conto Fineco Max Premium banking and trading account priced at €29.95/month (waived with €500,000 in assets), with priority mail and phone assistance, free physical and virtual debit cards, plus a free credit card including a Gold card and all Classic benefits.
• Conto Fineco Trading Zero-monthly-fee, no-custody-fee account designed for customers who trade markets without needing banking or card services; variable commissions starting from €2.95 per order (or 0.19% of order value), with first 3 months free.
• FinecoX Platform Advanced trading platform accessible from desktop, web, and mobile app providing execution across 26+ global markets for active traders and investors.
• Conto Under 18 Banking account for minors under 18 linked to a parent's Fineco account, allowing children to manage money while parents retain oversight.
• Mastercard Travel Rewards (cashback) Cashback program credited automatically on credit card purchases at participating merchants in international destinations without coupon registration.
• Fineco Debit and Credit Cards Multifunction debit and credit cards including Gold and Visa Infinite variants, with app-based management, customizable limits, and 0% FX commissions on debit card spending abroad.
• Mutui Fineco (Mortgages) Mortgage products for purchasing property with multiple financing options available to Fineco banking customers.
• Prestiti Personali Fineco (Personal Loans) Personal loans offered to Fineco customers for various financing needs, underwritten using credit data from CRIF, Experian, and CTC.
• Credit Lombard Credit facility allowing clients to borrow against portfolio securities held in their Fineco account as collateral, with promotional special rates available.
• Conto Deposito CashPark Deposit account for parking liquid funds with competitive interest rates, designed to complement the main banking account.
• Multicurrency Account with AutoFX Foreign-currency operating account with automatic currency conversion (AutoFX), enabling customers to transact and hold balances in multiple currencies.
• Azioni (Stock Trading) Stock trading across Italian and global markets including NYSE, Amex, Nasdaq, and European exchanges, with volume-tiered commissions.
• ETF Trading and Accumulation Plans Exchange-traded fund trading including zero-commission ETF promotions, thematic ETFs by Fineco AM, and PAC accumulation plans.
• Obbligazioni (Bond Trading) Bond trading across Italian and European venues including MOT, EuroMOT, EuroTLX, Vorvel, and Euronext.
• CFD Trading Contracts for difference with underlying commodities, indices, forex, and cryptocurrencies, executed commission-free with transparent spreads.
• Certificati Fineco (Turbo and Fixed Leverage Certificates) Turbo Certificates and Fixed Leverage Certificates issued directly by FinecoBank on European and American indices, currency pairs, and commodities.
• Criptovalute (Cryptocurrency Trading) Cryptocurrency trading exposure through CFDs on crypto futures, including Bitcoin and Ethereum.
• Futures e Opzioni (Futures and Options) Futures and options trading on regulated markets IDEM, EUREX, and CME, including the Super Leva intraday feature and Micro Futures products.
• Knock Out Options Daily and multi-day knockout options with leverage up to 100x on underlying futures indices, CFD forex, commodities, and cryptocurrencies.
• Piani di Accumulo (PAC) Systematic accumulation plans allowing customers to build financial asset positions over time with flexible periodic contributions, including the Replay feature.
• Thematic Funds (climate, sustainability, mega trends, infrastructure, happiness, diversity) Thematic investment funds covering climate change, diversity and inclusion, sustainability, mega trends, infrastructure, and consumption/happiness themes.
• Core Pension (Fondo Pensione) Italian supplementary pension fund for retirement planning and long-term financial security, available to Fineco customers.
• Consulenza Advice+ (Fee-based Advisory) Fee-based advanced advisory service with active portfolio monitoring providing personalized investment guidance to retail and affluent customers.
• Fineco Private Banking Premium wealth management service with dedicated advisors, advanced planning technology, and exclusive conditions for high-net-worth clients managing assets within FinecoBank's €160B+ customer AUM.
• CNP Insurance Product Range (distributed by Fineco) Insurance products distributed through Fineco's platform including Core Multiramo Private Duo, Core Multiramo Extra Profilo, Multiramo Flex Premi Ricorrenti, Unit Personal Private, Top Valor Advice Duo, Top Valor Private Duo, Top Valor Duo, CNP Top Defense, and LTC Future Care.
• Portafoglio Remunerato Service allowing customers to earn interest on securities held in their trading account portfolio holdings.
• Fineco Open Banking Platform Open Banking platform enabling third-party developers to access Fineco APIs and build integrated products and services, documented via the Developer Portal.
• Developer Portal Web portal providing Open Banking API documentation, KPI statistics, and integration resources for third-party developers building on Fineco's platform.

Quantifiable outcome

• Q2 2026 net profit €181 million, beating expectations by 6%
• +6 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability1 record

Feature5 records

Partnerships

Seven partnerships are on record, tiered minor and core.

• Impact.comminorGTM or Marketing PartnerFineco uses Impact.com as its affiliate marketing platform to manage its affiliate network, enabling finance and trading content publishers to partner with Fineco and earn commissions for referred customers.
• CNP VitaminorChannel Partner/ Reseller/ DistributorCNP Vita is an insurance company whose products (Core Multiramo Private Duo, Core Multiramo Extra Profilo, Multiramo Flex Premi Ricorrenti, Unit Personal Private, Top Valor, CNP Top Defense, LTC Future Care) are distributed through Fineco's platform as part of the bank's insurance product offering.
• SWIFTcoreTechnology or IntegrationFineco uses SWIFT infrastructure for international wire transfers and cross-border payment processing. Fineco and SWIFT act as co-controllers of personal data processed for financial transaction execution, with SWIFT storing message data in EU, US, and Swiss data centers.
• CRIF S.p.A.coreTechnology or IntegrationCRIF is a credit information agency providing credit scoring and consumer credit data services to Fineco. Fineco transmits positive and negative credit data to CRIF for creditworthiness assessments and receives data for evaluating loan and credit applications.
• Experian Italia S.p.A.coreTechnology or IntegrationExperian provides credit information services used by Fineco for creditworthiness evaluations, consumer credit data, and fraud prevention across its lending and banking operations.
• CTC – Consorzio per la Tutela del CreditocoreTechnology or IntegrationCTC provides credit information services for consumer creditworthiness evaluation used by Fineco in its lending decision processes.
• Yeah Impresa SocialeminorStrategic or Co-development PartnerFineco partnered with Yeah, a social cooperative specializing in digital accessibility, to optimize the accessibility of its digital tools (websites, apps, home banking). Yeah created a working group of people with disabilities to test and improve Fineco's digital accessibility.

Scale indicators12 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Directa SIM: Italian online broker and trading platform offering self-directed trading and investing services. Directly comparable to Fineco's Conto Trading and FinecoX trading offering in the Italian active-trader segment.
• Banca Mediolanum: Italian bank with integrated banking, investing, and wealth management offering a strong financial advisor network (Mediolanum Freedom). Closest functional peer to Fineco's bank + advisor + wealth platform in Italy.
• DEGIRO: European low-cost online broker offering multi-market access to retail investors. Comparable to Fineco Trading and FinecoX in terms of multi-market execution and tiered commission structure.
• Banca Generali: Italian wealth management bank with strong advisor network and multi-asset product offering. Comparable to Fineco's Private Banking and Advice+ business lines serving affluent and HNW clients.
• Banca Sella: Italian digital bank with proprietary trading and investing platform (Sella). Comparable as an Italian digital bank combining self-directed trading with banking accounts and payments.

Emerging players

• Revolut: Global digital banking and trading super-app competing with Fineco on multi-currency accounts, debit cards, and trading. Differentiates on consumer-first marketing rather than advice-led wealth.
• Scalable Capital: European digital broker and wealth platform with multi-market trading and savings plans. Comparable to Fineco's self-directed investing and PAC offerings, particularly in Germany and Italy.

Broad incumbents

• Interactive Brokers: Global multi-asset online broker with professional-grade tools serving active traders. Overlaps with FinecoX in active-trader tools, multi-market access, and tiered pricing, though at a global rather than Italian focus.
• Intesa Sanpaolo: Italy's largest banking group with retail banking, wealth management, and trading capabilities. Overlaps with Fineco across retail, advisory, and trading but at a broader retail-banking scale.
• UniCredit: Major pan-European banking group with a leading Italian retail franchise. Competes with Fineco in retail banking, mortgages, and broker-style services, although not a focused digital-first player.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/FinecoLive
• LinkedInlinkedin.com/company/finecobank
• Facebookfacebook.com/FinecoBankPoggiomarino

Compliance10 records

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 FinecoBank