(Finance) – “Today’s agreement represents a great achievement and is a source of pride for Mooney which, by virtue of a strong and continuous growth path, has been able to attract the interest of two companies of the highest level such as Is in the And Intesa Sanpaolo. Their presence in the corporate structure is not only a guarantee of economic and financial solidity but also the continuation of a company policy aimed at development, technological excellence and sustainability in an ESG key “.
Like this Emilio Petrone, CEO of Mooney, comments on the finalization of the agreement that Enel and Intesa Sanpaolo have signed with Schumann Investments, a company controlled by the international private equity fund CVC Capital Partners Fund VI. Following this transaction, Enel and Intesa Sanpaolo become shareholders of the Mooney Group with equal stakes of 50% having respectively acquired 50% and 20% of the share capital from Schumann Investment Intesa Sanpaolo, in fact, already held a 30% stake.
Born in December 2019 from the merger of SisalPay and Banca 5 (Intesa Sanpaolo Group), Mooney is today the first Italian fintech of proximity with a 2021 turnover of 14.8 billion euros, 20 million consumers on the physical channel, 3 million on the digital one and about 250 million transactions, of which 40% cashless. The company is also the first payment service provider for the Public Administration, through the pagoPA platform, with over 100 million transactions. Mooney’s total offering includes 500 services backed by a network of over 100 partner companies.