Intesa Sanpaolo (BIT:ISP)
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By Nathan Allen
Intesa Sanpaolo SpA (ISP.MI) said Monday it has invested in financial-technology startup Oval Money's series A financing round.
Oval produces an app that helps users manage and invest their savings, Intesa said.
Intesa said it plans to start a partnership between Oval Money and its Banca 5 retail-banking subsidiary.
Neither party disclosed financial details of the transaction.
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(END) Dow Jones Newswires
June 18, 2018 07:13 ET (11:13 GMT)
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