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UCG Unicredit Spa

34.58
0.385 (1.13%)
Last Updated: 13:54:15
Delayed by 15 minutes
Share Name Share Symbol Market Type
Unicredit Spa BIT:UCG Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.385 1.13% 34.58 34.57 34.58 34.745 34.145 34.21 2,349,318 13:54:15

UniCredit Takes Minority Stake in Italy's FinDynamic

10/06/2019 12:41pm

Dow Jones News


Unicredit (BIT:UCG)
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From May 2019 to May 2024

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   By Anthony Shevlin 
 

UniCredit SpA (UCG.MI) said Monday that it took a minority stake in Italian fintech company FinDynamic as it seeks to enhance its working capital offering for corporate clients.

The Italian bank didn't reveal the size of the stake nor any financial details.

"UniCredit is strongly committed to developing innovative and efficient solutions for its clients," said Francesco Giordano, UniCredit's co-chief executive of commercial banking for Western Europe.

"We are collaborating with selected fintechs in order to improve our corporate client offering and meet changing client needs," he said.

 

Write to Anthony Shevlin at anthony.shevlin@dowjones.com; @anthony_shevlin

 

(END) Dow Jones Newswires

June 10, 2019 07:26 ET (11:26 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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