Turnover: 1.1 billion EUR (2021)

Country: Italy

PostePay S.p.A., a wholly owned subsidiary of the Poste Italiane Group, was established on October 1, 2018, at the conclusion of the authorization process that transformed PosteMobile S.p.A. into Italy's leading Electronic Money Institution (IMEL), and brings together activities and expertise in the area of payments and telecommunications. PostePay S.p.A, integrating e-money and payment systems with PosteMobile's family of telecommunication services, operates as a specialized intermediary with a strong digital vocation and provides services for consumers, businesses and the Public Administration. PostePay S.p.A has assets of 13.8 million customers, 4 million PosteMobile SIMs, 26 million payment cards (19 million of which are prepaid), more than 19 million APPs downloaded, 2.5 million digital wallets activated and 16.6 million customers registered on the site.

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