Neobanks

Neobank · 🇮🇹 Italy

Illimity Bank

Milan, Italy · illimity.com

56.5Sentiment /100 0.6

Illimity Bank is an Italian digital bank listed on Borsa Italiana, specialising in SME lending, distressed asset management and digital retail banking.

✦ Sentiment OverviewUpdated every month · Aug 19, 2026

Illimity holds steady customer approval at 4.3/5 across nearly 20,000 ratings, though sentiment has ticked down slightly to 56.5/100 (-0.6). Recent coverage reflects a fragmented Italian fintech landscape - dominated by consolidation moves (Sella's acquisition of Hype) and fraud-prevention advances elsewhere - with limited direct brand visibility. The modest weekly decline suggests external competitive pressure rather than customer dissatisfaction.

Sentiment index

our score · updated every month
56.5/100 -0.58 vs previous reading
025507510056.525 Jul1 Aug15 Aug

Ratings across platforms

4.3 · 20K · 3
Trustpilot
1.8
529 ratings · 35% positive
Google Play
4.2
8.9K ratings · 81% positive
100K+ installs
App Store
4.5
10K ratings · 88% positive
Measured August 17, 2026

Where Illimity Bank operates

1 markets
Italy

Rating distribution

All platforms
5
68% · 13K
4
15% · 3.0K
3
4% · 759
2
2% · 479
1
10% · 2.0K

Rating & review volume over time

Trustpilot · 1.8★Google Play · 4.2★App Store · 4.5★Review volume · 20K · +0.34%
1234520KJul '26Aug '26Aug '26

Brand sentiment trend

positive sentiment, by platform
Trustpilot · 35%Google Play · 81%App Store · 88%
90%62%33%Jul '26Aug '26Aug '26

App screenshots

App Store
Illimity Bank app screenshot 1Illimity Bank app screenshot 2Illimity Bank app screenshot 3Illimity Bank app screenshot 4Illimity Bank app screenshot 5Illimity Bank app screenshot 6

In the media

brand coverage
tracxn.com

List of 1,290 FinTech Startups in Italy & Market Trends (May 2026)

tracxn.com · 3mo ago

Access the full list of 1290 FinTech startups in Italy. Discover emerging companies, funding activity, key investors and M&A trends.

fintech.global

Cleafy raises €12m to fight banking fraud in Europe

fintech.global · 6mo ago

Cleafy raises €12m in Series B funding to scale predictive banking fraud prevention across Europe. Learn how it's changing cybersecurity.

www.startupbusiness.it

Cleafy, €12 million for bank security

www.startupbusiness.it · 6mo ago

The Italian fintech scaleup brings its total funds raised to €22 million and receives capital from United Venture and eCapital.

bebeez.it

Banca Ifis cede il 50% di Hype al gruppo Sella per 85 milioni di euro

bebeez.it · 10mo ago

Muove i primi passi il processo di assorbimento di illimity bank nella struttura di Banca Ifis. Nel pomeriggio di ieri la banca veneziana...

www.fintechfutures.com

Banca Sella acquires full control of Hype for €85m

www.fintechfutures.com · 10mo ago

Italy's Banca Sella has agreed to acquire full control of Milan-based fintech Hype for €85 million, subject to Bank of Italy approval.

Latest from social

LinkedIn & Facebook

What people are saying

mentions on X, Reddit & Facebook

About Illimity Bank

Illimity Bank was founded in 2019 by Corrado Passera (former CEO of Intesa Sanpaolo) and listed on Borsa Italiana in the same year -- making it one of the world's first neobanks to go public at launch. It serves both retail customers and businesses (SME lending, factoring, distressed credit). With a full banking licence and stock market listing, it represents a unique model in European digital banking.

Frequently asked questions

What makes Illimity Bank unique?

Illimity Bank is unusual in European banking — it is one of the few neobanks to have gone public on a stock exchange (Borsa Italiana) at the moment of launch in 2019. It combines retail digital banking with specialised SME lending and distressed debt management, giving it a diversified business model rare among digital banks.

Does Illimity Bank hold a full banking licence?

Yes, Illimity Bank holds a full banking licence from the Bank of Italy (Banca d'Italia) and is listed on Borsa Italiana (ticker: ILTY). Deposits are protected by the Italian Interbank Deposit Protection Fund (FITD) up to €100,000.

What interest rates does Illimity offer on savings accounts?

Illimity consistently offers some of the highest savings rates on the Italian market. Rates are variable — check the current offering at illimity.com. Accounts are available to Italian residents only.

Does Illimity offer business lending?

Yes, Illimity specialises in SME financing — term loans, factoring and receivables financing. This distinguishes it from most neobanks that focus exclusively on retail customers.

Is Illimity available outside Italy?

No, Illimity Bank operates exclusively in Italy and is designed for Italian residents and businesses. The app and customer support are available in Italian only.

Compare Illimity Bank with similar neobanks

Ratings & sentiment aggregated from Trustpilot, Google Play and App Store - anonymised store metrics only, no individual reviews.

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