About Illimity
Illimity is a publicly listed company based in Milan (Italy) founded in 2018, and was acquired by Banca IFIS in January 2025. Commercial banking services are provided to SMEs and mid-caps. Illimity has completed 2 acquisitions, including Aurora Recovery Capital and Varvel. Its website illimity.com draws about 17 thousand monthly visits. Illimity offers products and services including illimitybank.com, b-ilty, HYPE, and Quimmo. Its focus areas include FinTech, Banking Tech, Internet First Banks and Digital Native Banks. Its legal entity is illimity Bank S.p.A. Its competitors include FCA Bank Group, Best Consumer DB and Fineco Bank.
Company details
Illimity was founded in 2018 in Milan, Italy, as a commercial bank focused on business clients. Loans are extended to small and medium-sized enterprises along with mid-caps to facilitate operations in sustainable and digital areas. Consolidation and innovation efforts are supported through tailored financial products. The bank operates primarily within the Italian market, emphasizing practical growth solutions for corporate entities.
- Headquarters Milan, Italy
- Stage Acquired
- SectorsFinancial Services
- Phone•••• ••••
- Website illimity.com/it
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Banca IFIS (Jan 2025)
- Legal Name Illimity Bank Spa
- Net Profit$84.86 K (USD)-99as on Mar 31, 2025
- EBITDA$1.52 M (USD)-94as on Mar 31, 2025
- Investors
- Investments & AcquisitionsAurora Recovery Capital
& 1 more
- Acquired byBanca IFIS
(Jan 2025)
Products & Services of Illimity
Illimity offers a comprehensive portfolio of products and services, including illimitybank.com, b-ilty, HYPE, and Quimmo.
Digital platform for private banking and savings management.
Banking solutions for small corporates including accounts and credit.
App-based service for everyday money management and transactions.
Portal for buying and selling properties across markets.
Investors in Illimity
Illimity has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Banca Ifis.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Banca Ifis is engaged in providing banking and financial services. | 1983 | bancaifis.it | Venice, Italy |
Investor details for Illimity
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People of Illimity
23 people are tracked at Illimity (11 in leadership, 5 in board & advisors, 7 in team).
| Name | Role | Group |
|---|---|---|
Silvia Benzi | Head of IR & Strategic Planning | Leadership |
Giovanni Lombardi | Deputy CEO | Leadership |
Sergio Fagioli | Head of Administration, Accounting & Control | Leadership |
Vittoria La Porta | Chief Communication & Marketing Officer | Leadership |
Fabiano Lionetti | Head of Finance | Leadership |
Marco Russomando | Head of Human Resources | Leadership |
Elena Massei | Head Of Corporate Communications | Leadership |
Fabio Bianchini | Head Of Portfolio & Business Transformation | Leadership |
Kateryna Kushchiyenko | Director - Turnaround & Special Situations | Leadership |
Enrico Fagioli Marzocchi | Head of SME | Leadership |
Graziana Pesce | Head Of Marketing & Commercial Communication | Leadership |
Marcello Valenti | Independent Director | Board & advisors |
Giovanni Majnoni D’Intignano | Independent Director | Board & advisors |
Paola Elisabetta M. Galbiati | Independent Director | Board & advisors |
Elena Cialliè | Director | Board & advisors |
Martin Ngombwa | Director | Board & advisors |
Simone Pelliccia | Senior Treasury Manager | Team |
Piercarlo Venditti | Investment Manager | Team |
Andrea Truschelli | Team Leader Data Engineering | Team |
Michele Anastasi | Portfolios Manager | Team |
3 more people are available in the full profile.
Complete people profiles for Illimity
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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IPO & Listings of Illimity
Illimity is a publicly listed company on the MIL with ticker symbol ILTY in Italy, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date03 Jul 2020
- Listed onFRA: 53
- Listed entityillimity Bank SpA
- Exchange sectorFinance
- Share price4.04 EUR · 2025-09-18
- Market capitalisation339,235,997.00 EUR
- EPS (diluted, trailing year)-2.15 EUR
- Analyst consensusSell
Investments & Acquisitions by Illimity
Illimity has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Aurora Recovery Capital and Varvel.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Geared motors, reducers, and variable speed drives are manufactured. | varvel.com | Bologna, Italy | 1955 | Feb 2023 | •••• | |
Financial services in recovery capital are provided internationally. | arecapital.com | Milano, Italy | 2017 | May 2022 | •••• |
Complete acquisition details for Illimity
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- Exports
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Timeline of Illimity
5 dated milestones of Illimity across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Illimity is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Aurora Recovery Capital.
- Acquisition Acquires Varvel.
- Exit Acquired by Banca IFIS.
Competitors of Illimity
Illimity has 3 listed competitors in our database. They include FCA Bank Group, Best Consumer DB and Fineco Bank.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fcabankgroup.com | 2014 | Turi, Italy | Provider of an internet-first bank | |||
| bestconsumerdb.com | 2024 | Sasso, Italy | Operates as a digital banking platform for consumers. | |||
| fineccobank.com | 2016 | Milan, Italy | Fineco Bank offers an online platform for digital banking solutions, providing efficient and accessible financial services. |
Detailed competitors of Illimity
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Web traffic of Illimity
The website of Illimity (illimity.com) receives about 16.8K visits a month.
- Monthly visits16.8K
▲ 29.6% vs previous month
Websites whose visitors overlap most with Illimity. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
illimitybank.com | illimitybank.com | 100% | #217,271 | – | |
| bancaifis.it | 62% | 305.4K | #144,424 | View details | |
| tot.money | 60% | 63.6K | #238,146 | View details | |
financecommunity.it | financecommunity.it | 44% | #709,056 | – | |
creditvillage.news | creditvillage.news | 41% | #2,297,295 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 20 similar websites and full traffic analytics for Illimity
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- 20 similar websites
- Audience overlap
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Related news about Illimity
Complete news archive for Illimity
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Frequently Asked Questions about Illimity
Illimity was founded in 2018.
Illimity is headquartered in Milan, Italy. It is registered at Milan, Lombardy, Italy.
Illimity was founded in 2018 in Milan, Italy, as a commercial bank focused on business clients. Loans are extended to small and medium-sized enterprises along with mid-caps to facilitate operations in sustainable and digital areas. Consolidation and innovation efforts are supported through tailored financial products. The bank operates primarily within the Italian market, emphasizing practical growth solutions for corporate entities.
Illimity's top competitors include FCA Bank Group, Best Consumer DB and Fineco Bank.
Illimity offers illimitybank.com, b-ilty, HYPE, and Quimmo.
Yes, Illimity is publicly traded on MIL under the ticker symbol ILTY.
Illimity has made 2 acquisitions, including Aurora Recovery Capital, and Varvel.
Illimity has 1 investor. Key investors include Banca Ifis.
Illimity operates through Illimity Bank S.P.A..
Yes. Illimity was acquired by Banca IFIS in January 2025.

