Cents S.r.l. successfully raised €1.15 million in a Pre-Seed round led by SICI to develop an innovative 'Impact-as-a-Service™' fintech platform aimed at enhancing ESG integration for businesses.

Target Company Overview

Cents S.r.l. is an innovative fintech startup founded in April 2021 by Riccardo Valobra and Alessio Mazzalupi. Focused on redefining corporate governance with an emphasis on social and environmental impact, Cents aims to enhance accessibility to ESG (Environmental, Social, Governance) frameworks and CSR (Corporate Social Responsibility) practices. The company recently announced the successful completion of a €1.15 million Pre-Seed funding round, primarily led by SICI (Sviluppo Imprese Centro Italia SGR S.p.A.) with contributions from other significant investors, including 40Jemz Ventures and Digital Magics.

The startup plans to deploy these fresh funds to launch Europe’s first platform based on the 'Impact-as-a-Service™' (IAAS) model. This will not only boost the technological development of its offerings but also enhance its B2B (and B2B2C) solutions, allowing partnerships with e-commerce platforms, banks, and financial institutions. Cents intends to connect these entities with over 50 non-profit organizations operating on both national and international scales.

Industry Overview in Italy

The Italian fintech industry has been steadily evolving, driven by growing consumer demand for innovative financial solutions and services. With a robust infrastructure and a vibrant start-up ecosystem, Italy presents n