Illimity Bank is an Italian digital bank listed on Borsa Italiana, specialising in SME lending, distressed asset management and digital retail banking.
Illimity Bank sits in a widening gap between customer and media perception. Review ratings remain soft at 3.2/5 across 10,857 responses, yet media sentiment and the NeoBase index (73/100, +7.4wk) are surging on recent capital wins and SME-focused partnerships—particularly €50m EIF funding and SACE collaboration for green business lending. The divergence suggests institutional confidence in the model outpaces retail user satisfaction.
Sentiment index
our score · updated weeklyWhere Illimity Bank operates
1 marketsRatings across platforms
★ 3.2 avg · 11K ratings · 2 platformsRating distribution
Trustpilot · App StoreCompany responsiveness
In the media
brand coverageBanca Sella acquires full control of Hype for €85m
www.fintechfutures.com · 9mo 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.
Passera doubles down on SME-neobank model
www.euromoney.com · 23mo ago
While incumbent Italian banks have seen profits surge thanks to higher rates, the shrinking size and profitability of the non-performing...
SACE and illimity Bank join forces to propel Italy’s eco-friendly business revolution
fintech.global · 32mo ago
This partnership is a significant step towards accelerating Italy's sustainable transition, aiding Italian businesses in their eco-friendly investments.
bebeez.it · 35mo ago
I Confidi soci di Crescitalia cartolarizzeranno prestiti alle pmi per 150 mln euro analizzati dalla fintech. Illimity comprerà le note abs.
fintech.global · 38mo ago
The European Investment Fund (EIF), a part of the EIB Group, has furnished the bank with two guarantees totalling €50m, in a bid to augment...
Latest from social
SampleNew in the Illimity Bank app: a faster, cleaner way to manage your money. Update to the latest version to try it.
Big milestone for the Illimity Bank community — thank you to everyone who's joined us on the journey. More to come. 🚀
Behind every feature is a team obsessed with the details. A look at how Illimity Bank ships.
Travelling this summer? Spend abroad with no hidden fees and real exchange rates.
What people are saying
SampleIf you're comparing neobanks in 2026, Illimity Bank keeps coming up in every conversation I have.
Anyone else having issues with Illimity Bank verification today? Been stuck for hours 😤
Illimity Bank's customer service left me hanging on a frozen account. Not a great look.
Great thread on how Illimity Bank is rethinking cross-border payments. Worth a read for anyone in fintech.
Illimity Bank's customer service left me hanging on a frozen account. Not a great look.
Company
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.
Ratings & sentiment aggregated from Trustpilot, Google Play and App Store — anonymised store metrics only, no individual reviews.