Neva Finventures
Investor - Venture Capital
Overview
Neva Finventures SpA was founded in 2016 and is a coporate venture firm 100% owned by the Italian banking group Intesa Sanpaolo.
Country: Italy
Founded: 2016
Headquarters: Corso Inghilterra 3 - 10138
Investment Strategy
Geography
- North America
- Europe
- Middle East and Israel
Sector Focus
- WealthTech
- InsurTech
- Data and Analytics
Summary
Neva Finventures in a Torino-based venture capital investment arm of one of Italy’s largest banking groups.
The investment vehicle will be led by Intesa Sanpaolo’s Head of Innovation and Growth Division, and have a initial €30-100m budget. The target for the fund will be startups both in the banks home-country of Italy as well as on a more global scale, and Neva Finventures will buy a minority stake in each of its investments.
Neva Finventures will invest its venture capital funds with a FinTech angle, mainly in Europe, North America, and Israel; with focus on developing technologies complementing the group activities, as well as disruptive business models (Personal Finance, Big Data, InsurTech).
Funds Raised
Vintage
Fund Name
Amount
Neva Finventures Fund I
€30m
Key Employees
Maurizio Montagnese
Chief Innovation Officer at Intesa Sanpaolo
Livio Scalvini
Head of Innovation and Growth Division at Intesa Sanpaolo
