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August 13, 2022
Finance Technologies

Italy’s Banca Mediolanum launches sustainable challenger ‘Flowe’

Banca Mediolanum, an Italian incumbent, has launched its own challenger bank, ‘Flowe’. The new venture focuses on tools which facilitate a sustainable financial lifestyle for its users. Its card, issued by Mastercard, is made of recycled wood – though users can set up a payment account with a virtual card too. The bank currently employees a team of 56 according to LinkedIn The fintech, which is a pending certified B-corporation status, rests on top of Microsoft Azure. This has allowed Flowe to plug into third-party solutions like core banking system, Temenos Transact. Ivan Mazzoleni heads up Flowe. Instead of taking…
Italy’s Banca Mediolanum launches sustainable challenger ‘Flowe’

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