Squire Patton Boggs Advises CDP Venture Capital on its Investment in Prestatech

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Squire Patton Boggs has advised CDP Venture Capital sgr as lead investor on the Series A funding round of Prestatech, a leading FinTech platform that provides data gathering, risk scoring, and embedded finance solutions. The investment was led by CDP Venture Capital sgr, through the Corporate Partners I – ServiceTech Compartment, with participation from Alchimia Spa and Vantage 20 SA.

Prestatech, based in Berlin and Milan, provides cutting-edge solutions helping clients to navigate the digital credit and financial decision-making space with ease by leveraging AI, advanced algorithms, and big data technologies. The funds raised from the Series A funding round will be used to expand their Italian operations, accelerate the development of Prestatech's embedded finance product offering and further expand its market presence in the lending space in Europe.

CDP Venture Capital sgr handled the transaction with the investment team led by Laura Scaramella with Jacopo Volpi and with the legal in-house team led by Alessandro di Gioia with Matteo Fittante.

Squire Patton Boggs advised CDP Venture Capital sgr on all legal aspects of the transaction, with a cross-border team led by partners Fabio Borggreve (Frankfurt), Sara Belotti and Daniela Sabelli (Milan), and which included Francesco Ghiglione, Gianluca Valietti, Alessandra Capati, Dagmar Nolden, Ann-Kristin Kleine Jaeger, Christian Boehler, Leo Koltsoff, Tarek Khalil, Christian Bleschke and Sandra Mueller.

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Angelo Kakolyris +1 973 848 5621