Agata S.p.A., owner of Italian P2P lending platform Prestiamoci, raised €2m in funding.
The round was led by Innogest, with participation from existing shareholder Digital Magics (AIM Italia: DM), as well as Banca Sella Holding S.p.A., Club Italia Investimenti 2 and other investors.
The company intends to use the funds to enhance the team and the platform as well as grow operations in the italian market.
Led by Daniele Loro, Prestiamoci had been sold to TrustBuddy International AB in November 2014 for approx. €5.3m. In June 2015, the acquisition was unilaterally interruped by the Scandinavian group, which then declared bankruptcy in October 2015.
The investment was made in the framework of the Prestiamoci’s relaunch and growth plans. To this end, Agata-owned PituPay received the licence as Payment Institute to manage financial flows with no support from external banks and credit institutions from Banca d’Italia, Italy’s Central Bank.