Instapartners Raises €8M in Seed Funding

instapartnersInstapartners, a Milan, Italy-based SME lending platform, raised €8m in seed funding.

Backers included Alessandro Benetton, Mauro Benetton, Paolo Merloni, Hans Paul Burkner, Lorenzo Pelliccioli, Venesio family, Giovanni Landi, and Jean Pierre Mustier.

Launched in September 2015 by Ignazio Rocco di Torrepadula, CEO, Roberto Arnetoli, Chief Technology Officer, Jacopo Anselmi, Data Officer, and Sabino Costanza, InstaPartners is developing a new lending platform dedicated to small and medium-sized enterprises and to institutional investors which aims to make small business lending simpler and more transparent.
The company, which is now waiting the authorization to operate as a financial istitution from Banca d’Italia, will facilitate loans from 10k e 500k at a lower rates compared with traditional players.



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