Milan, July 29th, 2020
Digital: We Wealth - through Voices of Wealth - closes a second round of financing of €1.5 million with the entry of three major shareholders (CRIF, Gellify, B.Group) and some private investors
The entry of new shareholders will guarantee We Wealth new capital, access to innovative technology solutions, and value-added services to consolidate and accelerate its growth path.
Milan and Bologna, July 13, 2020
Open business: CRIF invests in YOLO’s share capital and strengthens its insurtech business
With this transaction, CRIF, together with other investors, will contribute to YOLO’s growth path and strengthen the partner ecosystem of its CRIF Digital Next platform.
Milan and Bologna (Italy), July 14 2020
Open banking: a strategic partnership for CRIF and SIA in Italy and Europe
Thanks to this agreement, the two companies will offer innovative services aimed at accelerating the digital transformation process of banks, corporates and fintechs driven by the innovations introduced to the market by PSD2.
Kuala Lumpur (Malaysia), June 29, 2020
CRIF obtains Credit Reporting Agency license in Malaysia
CRIF OMESTI Sdn Bhd - a joint investment between CRIF and OMESTI Holdings Berhad - has obtained a credit reporting agency (CRA) license in Malaysia from the Ministry of Finance Malaysia.
Tashkent (Uzbekistan) and Bologna (Italy), June 19, 2020
CRIF Kredit-Axborot Xizmatlari obtains license to establish and operate credit bureau in Uzbekistan
The creation of this crucial infrastructure will facilitate the development of the Uzbek credit market, which will in turn help SMEs and consumers to continue to transition to more advanced markets, based on sophisticated credit reference services and value-added solutions.
Bologna (Italy), June, 2020
CRIF outlook: in 2020, the impact of COVID-19 is expected to lead to a 23% drop in company margins
Cash flows will essentially be cut in half, with peaks of 90% for companies operating in sectors with high levels of working capital.
University of Bologna and CRIF renew their partnership for another five years
A partnership that has been around for many years and which will see the continued collaboration between the University and the Bologna-based company, developing projects and initiatives for the University’s students and graduates.
May 4, 2020
Information Service Provider CRIF is appointing new head for Germany, Austria and Poland
As of 1 May 2020, Frank Schlein will take over responsibility for expanding the market position and accelerating the growth of the CRIF Group in the various country markets.
CRIF S.p.A. extends the 125 million USD shelf facility through the US private placement program signed with Pricoa Private Capital in July 2016 and draws a new EUR 30 million 12-year amortising tranche
The EUR 30 million notes have been issued in a single tranche with a 12-year amortising structure and a fixed interest rate.
Bologna, April 8, 2020
CRIF Ratings affirms Ferrari’s long-term issuer rating at “BBB+/Stable”
Ferrari is a leading manufacturer of luxury performance cars, with 10,131 cars sold and consolidated revenues of EUR 3.8bn in FY19. The rating analysis has been performed on Ferrari’s consolidated perimeter (‘Group’), including the parent company Ferrari NV (‘FNV’).
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