Cassa Centrale Banca Acquires Full Ownership of Prestipay S.p.A.
June 21, 2023
Cassa Centrale Banca exercised its option to acquire Deutsche Bank’s 40% stake in Prestipay S.p.A., taking full ownership of the consumer credit origination company. The move consolidates Cassa Centrale Group’s control of Prestipay, which distributes consumer loans through the group’s affiliated banks and online channels and showed significant growth since its 2021 launch.
- Buyers
- Cassa Centrale Banca
- Targets
- Prestipay S.p.A.
- Sellers
- Deutsche Bank
- Industry
- Financial Services
- Location
- Trentino-Alto Adige, Italy
- Transaction Type
- Buyout
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