Milan, November 20, 2024 - Banca AideXa, the bank led by Roberto Nicastro and Marzio Pividori, respectively Chairman and CEO, has surpassed the milestone of €1 billion in loans granted to Italian micro and small enterprises, just three years after receiving its banking license in 2021. This achievement reinforces the bank's mission to make credit accessible and transparent for Italian entrepreneurs and brings it closer to reaching breakeven, expected by the end of the year.

The businesses financed by Banca AideXa represent the backbone of Italy’s economy: micro and small enterprises. The average profile of the 5,000 businesses financed by AideXa over the years includes companies with an annual turnover of around €1.5 million, nine employees, and an average age of 11 years, reflecting their maturity and stability. The average loan amount per transaction, approximately €150,000, is tailored to meet the specific liquidity and investment needs of these small enterprises.

Thanks to a technology-driven business model and a continuously expanding distribution network, Banca AideXa has effectively reached customers nationwide, especially in areas where traditional banking systems struggle to provide support.

Loan distribution includes 32% to Southern Italy and the Islands, 22% to Central Italy, 28% to the Northwest, and 18% to the Northeast. The bank’s diversification extends to sectors as well, with a focus on services (52%), industry (35%), and construction (12%).

The data on supported businesses confirms the bank’s commitment to empowering Italian small entrepreneurs. This mission is even more significant considering the current economic climate, which increasingly challenges this segment.

In the face of an overall decline in loan issuance exceeding 10% since the start of the year and an ongoing credit crunch for micro enterprises, Banca AideXa has continued to grow, achieving a market share of 1.5% in October for loans guaranteed by the Central Guarantee Fund.

Since its inception, Banca AideXa has prioritized leveraging artificial intelligence and machine learning to streamline the credit access process. This technological approach enables quick and thorough creditworthiness assessments, ensuring transparent decision-making processes based on real data, while constantly optimizing and innovating its product portfolio.

“Surpassing €1 billion in loans represents a significant milestone in Banca AideXa’s growth journey as we approach the breakeven point in the coming weeks,” said Marzio Pividori, CEO and General Manager of Banca AideXa. “We are proud of the substantial contribution we have made over the years to the growth of micro enterprises and the country's economic fabric. We will continue to invest in technology and collaborate with our partners to offer increasingly innovative solutions tailored to entrepreneurs' needs.”

In 2025, Banca AideXa aims to further strengthen its position in serving microenterprise clients. As part of this effort, the bank has joined the European Investment Fund (FEI) programs, securing a €7.5 million Tier 2 capital funding line to support small loans for Italian microenterprises.