Sisal Group to launch Italian banking partnership

Betting and lotto operator to offer payment processing to 50,000 businesses

Sisal Group has agreed an investment partnership with Italy’s largest banking firm, Intesa Sanpaolo, which will see the operator launch a new banking and payments business. Under the terms of the deal, the operator’s SISALPay subsidiary and Intesa Sanpaolo’s Banca 5 retail banking payment service will merge to form a so-called 'proximity' banking partnership. The…

Banking | Emilio Petrone | Intesa Sanpaolo | Payments | Sisal