A commercial distribution agreement to start offering Conio’s services to Banca Generali customers in 2021 has also been signed, the companies said.
Earlier this year, Conio provided a wallet integration with Italian challenger bank Hype, which allowed some 1.2 million mobile banking customers to buy, sell and store bitcoin from within their banking app, rather like Revolut in the U.K.
“What we are doing with Banca Generali is similar to Hype,” said Christian Miccoli, co-founder of Conio, “but on a much larger scale.”