Milan, January 9, 2023 – After tripling its size in 2022, Banca AideXa's 2023 closes with further growth, more than doubling the volume of loans disbursed, the number of customers, and the collection of liquidity through accounts.

Bucking the trend of credit tightening for SMEs in the national financial landscape, Banca AideXa recorded sustained growth in loan disbursements to small and medium-sized enterprises over the past year, with a +130% increase compared to 2022, for a total of €670 million in credit disbursed since its inception, €50 million in December alone. This result reflects the bank's constant mission to support entrepreneurial projects and stimulate the country's economic fabric. In particular, Banca AideXa confirms its commitment to giving confidence to smaller businesses, with an average loan of about €200,000.

To support the growth of loans, Banca AideXa also recorded a doubling in liquidity collected through current and deposit accounts, totaling €430 million overall. The increase was supported by the launch of two products dedicated to collection: the interest-bearing current account for businesses launched in March 2023, X Conto, and the non-fixed deposit account for individuals, X Risparmio Libero, launched in July 2023. Along with the commercial figures, 2023 also brought a significant increase in the customer base, growing by 130% and exceeding the threshold of 14,000 customers, of which more than 4,000 are micro, small and medium-sized enterprises.

In just over two years since obtaining banking authorization, AideXa has established a particularly distinctive model in the market, becoming the champion challenger bank for growth in support of SMEs. It has provided real-time credit responses to businesses, efficiently disbursing requested sums to customers' current accounts in record time. The approach to credit is aimed at sustainability, as demonstrated by the particularly low cost of credit, less than 1.3% of the credit stock. The model is now scalable across the entire territory, with a credit automation level of 90%, thanks to advanced credit engines and models based on artificial intelligence. AideXa reaches different types of customers with a diversified model, both for digital customers supported remotely by our Business Bankers, and for customers who need a physical relationship through over 100 partners across the territory. Among Banca AideXa's achievements is also the recognition of the LinkedIn Top Startup award, obtained for the third consecutive year, as well as the Financecommunity Award for the Innovation & Fintech category, and the recognition of World's Top Fintech Companies 2023 by CNBC.

I am truly proud to have achieved these results in 2023, which crown the phase of conception, foundation, and development of Banca AideXa. Our further doubling of growth was achieved thanks to the trust and satisfaction of customers, who choose us every day for a different model of banking, unique in the Italian landscape. Our simple, transparent, and fast products dedicated to SMEs, based on the use of data, AI, and technology, combined with the skills of our business bankers, are at the basis of our success and exponential growth. A heartfelt thank you to the entrepreneur-customers who have trusted us, to the entire team, and to the investors for their encouragement and support over these years together.