United Ventures and Vertis Invest in Italian Fintech Startup

October.04.2018

Orrick advised United Ventures SGR SpA, an independent Italian venture capital fund specializing in investments in innovative companies in the fields of software and digital technologies, and Vertis SGR SpA, an independent asset management company active in the management of private equity and venture capital funds, in their investment in Credimi SpA, an innovative fintech startup.

The entry of the two new investors, through the “United Ventures II” and “Vertis Venture 2 Scaleup” funds, took place via a capital increase of €10 million aimed at launching the second phase of development of the digital factoring platform that has provided over €170 million to finance 3,000 companies, helping them to optimize their working capital.

Our team included Attilio Mazzilli, Siddharth Fresa and Sarah Lo Piparo.