Italy's Fineco says will use AI to boost new client growth under plan to 2029

FinecoBank

04/03/2026 06:43

MILAN, March 4 (Reuters) - Italian digital bank and money manager Fineco FBK.MI said on Wednesday it would use artificial intelligence to expand its client base and cut costs under a strategy through 2029, aiming to sharply grow the pace at which it gathers new money.

Fineco said it targeted an average low double-digit yearly increase in net inflows and new clients between 2025 and 2029, compared with a 6% rise in the 2021-2025 period.

The target does not include any potential benefits from plans to expand its brokerage services outside Italy by early 2027 through the launch of a pan-European investment platform, Fineco said.

 (Reporting by Valentina Za, editing by Gavin Jones)

 ((valentina.za@thomsonreuters.com; +39 02 6612 9526;))