FinecoBank S.p.A., known as FinecoBank or just Fineco is an Italian bank that specializes in online brokerage. Launched in 1999 with its Fineco Online service for retail traders, Fineco became a listed company in 2014 and has been independent from UniCredit banking group since 2019.[2]
FinecoBank is a constituent of FTSE MIB (since 2016), the blue chip index of the Borsa Italiana.[3] Since 2015 it has over a million customers in Italy, where its role has been compared to that of Schwab in USA.[4]
FinecoBank has been designated in 2021 as a Significant Institution under the criteria of European Banking Supervision, and as a consequence is directly supervised by the European Central Bank.[5]