A tale of 44 cities | Milan S e l f e v a u l a t i o n o f tH h eu hb u bi in nd i sc High Rankixa t ko e yr s a r e a Milans Best workspace and accelerators Hub features Top FinTech companies Hub profile Technologies MoneyFarm, AdviseOnly (portfolio management); Satispay (payments); Bru Smartika, Borsadelcredito.it (lending); Siamosoci, Crowdfundme, Starsup sse AI (incl. advanced analytics) (equity crowdfunding); Credimi, Workinvoice (invoice trading); Euklid (bitcoin l MsG & algotrading) and Sardex (alternative currency). o APIs av de rr in dm Banking-as-a-service e 012 Factory Big investors Gn l o b a l F P2P technologies it Cn B!Ventures es n t r eu Innogest SGR, 360 Capital Partners, Principia SGR, United Ventures, Invitalia 5p Mi3p Digital Magics Payment solutions l ano dPixel (public), P101, Panakes Partners, Primomiglio SGR, SellaVentures, Digital Magics, r t Fondazione Filarete Dpixel, H – Farm Ventures, Finlombarda Gestioni, Quadrivio Capital, Vertis Sgr, n H-Farm Innovation areas Neva Finventures (CVC) and LVenture Group. o i i3P t a Bv ango iStarters k on kn Investment management I LUISS Enlabs Success stories l ax Retail banking be Nana Bianca There are no large exits or IPOs yet. However, MoneyFarm is an Italian company oI ld9n Gn Neo bank Milan is the most attractive city in Italy for launching a startup. I2n Nuvolab INDEX SCOREo that has collected almost $30 million within 5 years. At the beginning of 2016, the Almost one thousand tech companies have established their va Polihub E-commerce t company extended its operations to the UK and announced new partnerships Budapesti o Sellalab Lending headquarters in Milan due to its proximity to the rest of Europe and c n Talent Garden with Revolut and Uber. It received $7 million investment from Allianz in September the presence of major national institutional investors, banks and 132utlu 2016. multinational tech companies such as Google, Facebook, Microsoft, er Challenges Cisco in the city. The city also hosts Borsa Italiana (the local stock Risk averse culture The future exchange) and is the financial centre of the country. Low Rank Regulatory barriers We expect to see FinTech becoming more mainstream with the onset of PSD2. Low access to capital This will create new investment and entrepreneurial opportunities that will lead 5 to greater injection of private capital in the market and a rise of new entrants. 0B nisuDse In the next 12 months we will also see other international players entering the Rssegniorti egxpe local market by launching local branches or by following M&A strategies. ulatio to e nity xim Pro Hub representative SellaLabFormers eign sto custo Head ofartupsProximity t Stefano Azzalin 53