Fabrick Spa Secures The Authorization To Become Payment Initiation Service Providers

MJH ALMA advised Fabrick S.p.A on the procedure.

Fabrick S.p.A. – digital platform part of Banca Sella Group born in 2017 in order to enhance open banking – secured a license to operate as Payment Initiation Service Providers by the Bank of Italy (i.e. the Italian supervisory authority).

The license allows Fabrick S.p.A. to operate as Account Information Service Providers and Payment Initiation Service Providers.

MJH ALMA advised Fabrick S.p.A. – both in structuring the procedure and drafting the required corporate documentation – with a team including Founding Partner Marco Zechini (Picture) and Partner Luca Benvenuto.

Involved fees earner: Luca Benvenuto – MJH Alma; Marco Zechini – MJH Alma;

Law Firms: MJH Alma;

Clients: Fabrick S.p.A.;