Simple and fully digital financing solutions to support small and medium-sized enterprises in their growth journey. With this goal in mind, Banca Agricola Popolare di Ragusa (BAPR), the largest independent bank in Sicily, and Banca AideXa, the Italian digital bank dedicated to SMEs, have strengthened their partnership with a new agreement to distribute AideXa's credit products.
From a dedicated page on bapr.it, BAPR customers can access AideXa's range of financing products through a simple, streamlined, and completely digital process, complementing the existing offerings of BAPR without the need to visit a branch.
The newly signed agreement is another step in the collaboration between BAPR and Banca AideXa. The Sicilian institution, a shareholder of the fintech since its inception, has always supported the innovation represented by X-score, AideXa's transaction-based creditworthiness assessment system.
This collaboration doesn't end here, as new developments are already in the pipeline for the near future. A project is currently under study to make AideXa's onboarding and credit assessment technologies available to BAPR, expanding the range of digital products and services for its members and customers, while also enhancing market acquisition capabilities.
Saverio Continella, CEO of BAPR "We are convinced that the union between BAPR's established relationship with the entrepreneurial fabric and AideXa's innovative approach to credit can make a difference in supporting the growth of small and medium-sized enterprises, thus positively influencing the country's economic landscape. Common strategies and shared values have enabled us to deploy agile, simple, and high-tech tools that can accompany businesses in their development journey."
Marzio Pividori, CEO of Banca AideXa "The partnership between Banca AideXa and BAPR is a significant step in our commitment to supporting entrepreneurs, particularly those in the Sicilian territory, to whom BAPR has historically been close. We are excited to offer our instant lending products, which will enable local SMEs to quickly access the financing they need to grow and promote the region's economic development. This collaboration further strengthens the bond between Banca AideXa and BAPR from the beginning of our history, and we are confident that there will be many more milestones to achieve together."