Conio selected for Visa Innovation Program Europe 2023
“Our goal is to become a European leader in the management and custody of digital assets, starting from the position we have already built in the Italian market, where we are the most reliable partner for both retail customers and financial institutions, thanks to our high-security standards and custody technology.”
Conio has been selected among six Italian fintech companies for the Visa Innovation Program Europe 2023, which aims to promote innovation in the financial and payment sectors by fostering collaboration and accelerating innovative companies in Europe.
Conio is a scaleup partly owned by Poste Italiane and Banca Generali that launched the first wallet for Bitcoin and digital asset custody in Italy. The firm stood out as the only Italian company in the crypto industry to have been selected for this year’s edition.
The Visa Innovation Program was launched in 2018 and is active in Greece, Cyprus, Malta, Turkey, Spain, Italy, and Portugal. The program has received applications from over 1,000 fintech companies from more than 50 countries, with nearly 300 applications received for this edition alone.
“Our goal is to become a European leader in the management and custody of digital assets”
The growth platform for fintech in Italy will be supported by Hackquarters and Talent Garden. Conio’s potential for international scalability helped the firm’s chances, ultimately being selected among the 111 Italian applications received this year, along with five other companies – CashDirector, Fairtile, INEO, Step 4 Business, VOICEME.
Orlando Merone, General Manager of Conio., said: “Our goal is to become a European leader in the management and custody of digital assets, starting from the position we have already built in the Italian market, where we are the most reliable partner for both retail customers and financial institutions, thanks to our high-security standards and custody technology. We are proud to be part of such a prestigious and internationally relevant program. I am confident that the Visa Innovation Program will be an effective means for Conio to drive new projects and expand its horizons.”
Visa has a strong track record of collaborating with fintech companies and provides them with access to its global partner network every year, offering the visibility and capabilities necessary for their business development.
The Visa Innovation Program not only provides practical support through tools, data, and technological infrastructure but also offers the opportunity to share knowledge and expand business opportunities with new customers.
Conio added 5 cryptos and hires Orlando Merone as General Manager
Earlier this month, Conio added new cryptocurrencies to its portfolio that can be bought and sold in this safe and reliable environment. The expansion of the offering comes at a time of significant change for Conio, with Orlando Merone’s appointment as General Manager.
After his experiences at Revolut, Bitpanda and Circle, Orlando Merone has been appointed head of the Conio Wallet & Custody Unit. His task will be to guide this critical phase of Conio’s consolidation and growth and respond to the different needs of users.
Conio’s enhanced digital asset offering now also includes Ethereum, Cardano, Litecoin, Avalanche, and Algorand.