Plug and Play Italy is launching a Milan Fintech Innovation Hub in partnership with UniCredit and Nexi. Supported by its global headquarters in California, the early stage investor, accelerator and corporate innovation platform has been present in Milan since April 2019.
Co-ordinated from Silicon Valley, Plug and Play has created the world's largest innovation platform with over 22,000 startups and 350 official corporate partners.
This new Fintech Innovation Hub creates a bridge between Silicon Valley and the city of Milan, to attract talent and the most disruptive fintechs from around the world, while giving exposure to Italian entrepreneurs looking for funding and partnerships both inside and outside of Italy.
Marco Pusterla, Head of Innovation Orchestration & Fintech Strategy at UniCredit, commented: "UniCredit has been a founding partner of Plug and Play in Milan, since the platform's first launch in the city. We are also their strategic partner in Frankfurt. At UniCredit, we focus on collaboration with fintechs developing products and services which are most relevant to our clients. Since the start of our partnership, we have joined and invited clients to several deep-dive sessions to identify the highest value-add fintech opportunities to develop proof of concepts on key business topics, such as KYC, lending and open banking. The launch of the Milan Fintech Innovation Hub is extremely exciting, providing access to the city's growing fintech sector and its many talented entrepreneurs."