- HQ
- Biella / Milan
- Fee
- Free SKU plus paid plans — confirm live

Italian bank, Banca Ifis group since 2025. FITD. SME credit, not a travel current account.
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Our take
illimity Bank S.p.A. is an Italian bank. Banca Ifis completed the public offer in 2025 and sits as sole shareholder. FITD applies. The live homepage is corporate credit, not weekend FX. HYPE was the 50/50 consumer JV — Sella bought that stake. Do not confuse the two files.
Corrado Passera’s 2018 specialty bank. Listed, then taken over. Directories keep an ‘Italian neobank’ tile. This desk keeps a Banca d’Italia file inside Ifis. Albo delle Banche n. 5710.
illimity lists Italian bank — illimity Bank S.p.A., Banca Ifis group under Banca d’Italia / ECB in Italy. On safeguarding we currently write: FITD up to €100,000 — now in the Banca Ifis group, so do not double-count the cap with Ifis. Holder / issuer line: illimity Bank S.p.A. (sole shareholder Banca Ifis S.p.A.). An AML programme is claimed. Local bank details (IBAN / sort code / equivalent) are part of the pitch. We list 1 live markets on the product. As we score the sticker: monthly Bank tariff — confirm live; FX Not a travel bank; ATM Network schedule. This desk would open it for: Italy SMEs and depositors who want a named Banca d’Italia bank and already understand Ifis is the parent.
What it does well: Named Italian bank, albo 5710; FITD; Ifis acquisition completed 2025. What to watch: Specialty lender more than lifestyle app; Shared-group cap maths with Ifis; Italy-resident. Desk score 6.5 / 10 (safety 7.8, fees 6.8, features 6.6, app 7.0). Last verified 2026-08-30. Headquartered in Milan, Italy; founded 2018. None of this is advice — it is a file so you can read the entity before the card colour.
Best for: Italy SMEs and depositors who want a named Banca d’Italia bank and already understand Ifis is the parent.
FITD up to €100,000 — now in the Banca Ifis group, so do not double-count the cap with Ifis
Holder / issuer: illimity Bank S.p.A. (sole shareholder Banca Ifis S.p.A.)
Status
Italian bank, FITD. Albo 5710. Direct bank, not an EMI.
illimity holds a banking-style licence (Banca d’Italia / ECB). Still read the legal entity on the statement, not the app icon.
FITD up to €100,000 — now in the Banca Ifis group, so do not double-count the cap with Ifis
We list 1 market desk on the desk. Residency and onboarding rules still sit with illimity.
mastercard · physical · virtual · Apple Pay · Google Pay
No published user reviews yet. The desk score still comes from licence, fees, and the product — not from a empty star average.
Montepaschi’s digital and advice bank. Banca d’Italia / ECB. FITD. Italian IBAN.