Giuseppe Conte, President and CEO of Italia Capitalis
New investment crowdfunding platform, green light from Consob for ItaliaBond.it
ItaliaBond.it: Consob Authorization and Favorable Opinion of Banca d'Italia for the Placing of Debt Bonds and Securities
ItaliaBond.it, an investment crowdfunding platform developed and managed by Italia Capitalis, obtained the favourable opinion of the Bank of Italy and Consob's authorisation. This authorisation was granted following the entry into force in November 2023 of the recent European Investment Crowdfunding Regulation.
The Italia Bond.it Platform: Focus on Minibonds and Made in Italy SMEs
ItaliaBond.it focuses on the placement of minibonds, with a maximum amount of 5 million euros per year per issuer. The platform, developed with proprietary software, operates on the retail market and is aimed at Made in Italy SMEs, in sectors such as agro-food and fashion. Through ItaliaBond.it, companies can present their business projects to the registered investor community, which can participate freely in the subscription of minibonds.
Authorization and Actors Involved
Due to the complexity of the permit investigation, several actors were involved. The management of the authorization investigation was entrusted to Giuseppe Conte, founder and CEO of Italia Capitalis, with the support of the Board of Directors. The Board includes Gianluca Legieri, with decades of experience as Consob official and currently responsible for compliance and risk manager of the Italian SGR Investment Fund, and Stefano Maria Grassi, CEO of business development, with a long experience as General Manager in important banks and financial institutions.
Pietro Malinverni, accountant and consultant of the Milan court, plays the role of sole mayor.
The investigation and communication with Consob and Banca d'Italia authorities were managed by the law firm GLG & Partners, the lawyers Francesca Prenestini and Davide Turco, led by Simone Gerardi. Further advice on company procedures was provided by Regulatory Consulting Srl and Phoenix Capital Srl. In addition, Emilia Petrocelli of Lex & Compliance law firm, together with the Compliance & Risk Manager of Italia Capitalis, Federica Losa, participated in the construction of the compliance plant. The strategic advice and support in the construction of the industrial plan and the program of activities were loaned by EY Italia, together with the accountant of Italia Capitalis, Francesca Belà, and the company's CFO, Cecilia Minutoli.
Italy Capitalis: The Ownership Company and its Objectives
Italia Capitalis was born in 2023 from an idea of the entrepreneur Giuseppe Conte, active in the field of jewellery and precious raw materials through the companies he founded and administered, Count Diamonds Srl and Diamonds Italia Spa. ItaliaBond.it was created with the aim of facilitating and making more efficient the process of finding funds for Italian companies that need funding to pursue growth objectives and implement medium- to long-term development plans.
The Declaration of Giuseppe Conte
«Together with all my team, I am very proud to announce the entry of Italia Capitalis in the panorama of Italian crowdfunding», states Giuseppe Conte, Chairman and CEO of Italia Capitalis. «The long authorization process and the subsequent approval by CONSOB allow us to present ourselves as a reliable and competent interlocutor for investors and companies. Our mission is to facilitate the meeting between the parties and we have already had the opportunity to find interest in starting some projects.».
Source: companybanca
