Banca Sella takes stake in mobile banking firm Vipera

Source: Vipera

In a share subscription arranged by Vipera plc (AIM:VIP), Banca Sella Holding S.p.A (“Sella Bank Group”) has taken a 12.49% stake in Vipera, for its own account.

Sella Bank Group is a long-established Italian private bank based near Milan and is a pioneer in digital banking. It has a major market presence in the Italian e-commerce systems market and has been an early adopter of a range of new technologies. They have recently engaged Vipera in relation to some pilot projects and expressed a strong interest in Vipera’s product evolution strategy.

Vipera is a cutting-edge provider of mobile financial services and digital customer engagement solutions.

Chief Executive Officer of Vipera, Marco Casartelli commented: “The investment from Sella Bank Group is a welcome vote of confidence in our product route-map and the prospects for the future evolution of digital banking.”

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