illimity
illimity is an innovative Italian bank that provides corporate and investment banking services, specialized credit solutions, and digital banking platforms for individuals and businesses.
Services
illimity provides a wide array of services, including Corporate & Investment Banking, Specialized Credit solutions, and digital ventures. The company structures and manages Alternative Investment Funds through illimity SGR. Additionally, it offers asset management services and digital banking services for individuals and families via illimitybank.com. illimity also supports high-potential businesses with innovative financing and investment solutions and provides financing for businesses in the real estate and energy sectors.
Digital Platforms
In the digital realm, illimity operates several platforms. illimitybank.com provides digital banking services to individuals and families. For small and medium enterprises, b-ilty offers a tailored digital banking experience. HYPE, a neo-bank, enables daily cash management through an app. Quimmo is a portal dedicated to buying and selling real estate. Additionally, illimity’s proximity network supports vending machine payments to settle PA payments. The company also has a dedicated platform for PSD2 developers.
Investment and Credit Solutions
illimity specializes in providing a comprehensive suite of services for managing non-performing loans and invests in distressed credit through ARECneprix. The company supports the growth and recovery of SMEs by offering specialized credit solutions. illimity SGR manages funds focused on credit and corporate turnaround, real estate credit, and selective credit. Furthermore, decision-making engines collect data from third-party inputs and assign scoring based on user-defined policies.
Sustainability Initiatives
illimity maintains a strong focus on sustainability, adhering to international sustainability initiatives such as the UN Global Compact, PRI, and PRB. The company adopted a new sustainability plan for 2023-2025 with ambitious goals. illimity has developed a carbon neutrality strategy and utilizes renewable energy in its main offices. The company measures and monitors its financed emissions and carbon footprint. Environment, Social, and Governance (ESG) objectives and ratings are integral parts of illimity's governance.
Innovation and Technology
Innovation and technology are cornerstones of illimity's operations. The company integrates AI and machine learning into its processes and promotes tech-led initiatives in lendtech, proptech, and fintech. illimity’s cybersecurity engine employs innovative anti-fraud capabilities. The company distributes its platform through Software as a Service (SaaS), on-premise, and Bank as a Service models. The latest generation models, architecture, and standards are utilized across all business areas, making illimity the first Italian cloud-native, 100% digital, and modular bank.