FinecoBank

The Italian bank FinecoBank S.p.A., also known as FinecoBank or just Fineco, focuses on online brokerage. Fineco Online, its retail trading platform, went live in 1999. In 2014, Fineco joined the stock market, and as of 2019, the company was no longer dependent on the UniCredit banking consortium. Since 2016, FinecoBank has been included in the Borsa Italiana's blue-chip index, the FTSE MIB. It has been compared to the American firm Schwab and now serves more than a million customers in Italy.

Fineco authorized the debut of its services in the United Kingdom (UK) the same year, and in 2020 it chose to invest 7 million euros in a marketing campaign there. Customers in the UK and Italy can use the services of Banca Fineco. UniCredit completed the sale of its remaining FinecoBank shares in 2019.

The value of FinecoBank on the stock market is $9.80 billion as of April 2023. Based on its current market capitalization, FinecoBank is the 1502nd most valuable corporation in the world. The most recent financial records show that FinecoBank has annual revenues of $1.15 billion. The company's revenue of $0.77 billion in 2017 represents an increase over the $0.71 billion earned in 2016.

Founded: 1982
Headquarters: Milan
Website: https://finecobank.com