LEXIA for the authorization of TPPAY as the first Imel-As-A-Service

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LEXIA, with a team composed of Managing Partner Francesco Dagnino, Partners Angelo Messore, Aurora Agostini, and Senior Associate Federico Bonardi, assisted TPPay, a company of the TAS group, in the authorization process with the Bank of Italy to operate as an Electronic Money Institution (EMI) and in the start-up of its operations.

TPPay aims to operate in partnership with corporate companies and fintech firms to offer innovative financial services in the issuance and distribution of electronic money and the provision of payment services. The company is the first Italian EMI to operate on an “as-a-service” basis, providing the benefits of open banking to companies interested in offering financial and payment services without obtaining their own autonomous license.

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