FinecoBank is UniCredit Group’s direct multichannel bank offering a business model combining direct banking and financial advice.


In 1999 Fineco SIM (Società di intermediazione mobiliare), one of the most active SIM in the Italian market, launches the first online trading retail service in Italy. At the end of 1999 Fineco became a real bank and launched the first current account paid in Italy. In the following months the service was transformed from deposit accounts to full accounts, with payment cards, checks, phone cards.

Between 1999 and 2001 Fineco grows from zero to 250,000 customers and became the leader of online trading in Europe (Assosim) and maintains its leadership as a direct bank (by number of customers, operations performed, customer satisfaction, transparency).

In 2001, the offer Fineco includes all the services of the bank, two networks of financial advisors and mortgage leadership position in online trading.

From 2003 to 2007 Fineco is part of the Capitalia Group. In these years, the offer is completed and continues the process of innovation in all areas (banks, investments and trading) that attaches increasing importance to quality and customer service.

From 1 October 2007, following the merger into UniCredit SpA Capitalia SpA, Fineco became a society of the Unicredit Group.

On 7 July 2008 the Bank merged with Unicredit Xelion FinecoBank.

From March 2016 Fineco started issuing Visa Debit cards in Italy, being the first Italian bank to do so. All new customers (and existing cardholders upon expiration of existing V PAY cards) will get a Visa Debit card co-branded with the national Bancomat network, allowing customers to use their debit card online, similarly to other European countries.





    External links

    This article is issued from Wikipedia - version of the 10/21/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.