The Bank of Italy restricted Lemonway’s operations over AML and KYC compliance issues under Regulation 1503/2020, limiting new payment accounts and partners. Until October 31st, 2024,...
Lemonway, a French fintech managing payments for over 200 crowdfunding platforms in Europe, has been restricted by the Bank of Italy from expanding its customer base....
In 2021-2022, Italy's fintech investments reached €600 million, projected to rise to €901 million in 2023-2024, with an additional €380 million from 2025. The sector expects...
Pending the completion of the process of regulatory compliance, Consob and the Bank of Italy, make themselves available to facilitate an orderly start-up of the new...
The hub is located in the Bank of Italy's Via Cordusio building in Milan, but in the future it could open new branch offices. Milano Hub...