Italy's fineco says will use AI to boost new client growth under plan to 2029
Published by Global Banking & Finance Review®
Posted on March 4, 2026
1 min readLast updated: March 4, 2026
Published by Global Banking & Finance Review®
Posted on March 4, 2026
1 min readLast updated: March 4, 2026
Italy’s Fineco aims to accelerate client growth and net inflows using AI through 2029, targeting low double‑digit annual increases—up from 6% in 2021–2025—while planning pan‑European expansion via a brokerage platform by early 2027.
MILAN, March 4 (Reuters) - Italian digital bank and money manager Fineco said on Wednesday it would use artificial intelligence to expand its client base and cut costs under a strategy through 2029, aiming to sharply grow the pace at which it gathers new money.
Fineco said it targeted an average low double-digit yearly increase in net inflows and new clients between 2025 and 2029, compared with a 6% rise in the 2021-2025 period.
The target does not include any potential benefits from plans to expand its brokerage services outside Italy by early 2027 through the launch of a pan-European investment platform, Fineco said.
(Reporting by Valentina Za, editing by Gavin Jones)
Fineco plans to leverage artificial intelligence to expand its client base and reduce costs as part of its growth strategy through 2029.
Fineco is targeting an average low double-digit yearly increase in net inflows and new clients between 2025 and 2029.
The 2025-2029 targets aim to sharply outpace the 6% rise achieved during the 2021-2025 period.
Yes, Fineco plans to expand its brokerage services outside Italy by launching a pan-European investment platform by early 2027.
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