Italian payment app Satispay teams up with Amundi in money market fund service
From Yahoo Finance: 2025-05-12 11:42:00
Italy’s mobile payment firm Satispay will offer users a way to earn returns on cash through a partnership with Amundi. The estimated return on the money market fund is 2.24%. CEO Alberto Dalmasso sees this as the first step in a longer journey. The service is currently available only in Italy, with no minimum investment size required and funds can be redeemed with one-day notice. Satispay aims to change Italy’s saving-focused culture by providing tools that offer more value to users’ money. The company has obtained authorization as a financial investment firm from Luxembourg’s financial watchdog.
Read more at Yahoo Finance: Italian payment app Satispay teams up with Amundi in money market fund service