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14 October 2022

Mediobanca strengthens its position in fintech with a double acquisition

Nicolo' Juvara, Andrea Taurozzi, Daniela Runggaldier, Alessandro Pallavicini, Giuliano Decorato, Luca Bendin

Mediobanca strengthens its position in the consumer credit market with a double acquisition in the "buy now pay later" segment. The group’s subsidiary Compass acquired 19.5% of the Swiss company HeidiPay and 100% of the Italian company Soisy; the first one is specialised in the development of digital platforms to support BNPL in e-commerce, while the second is a fintech operator with strong expertise in granting special purpose loans for the purchase of goods and services using e-commerce platforms.

Our firm advised Compass with a team composed of partner Nicolo' Juvara, senior counsel Daniela Runggaldier, associate Giuliano Decorato and trainee Luca Bendin, as well as, for acquisition finance matters, partner Andrea Taurozzi and associate Alessandro Pallavicini.