Fintech Classification Methodology

30 June 2025

Banca d'Italia today publishes 'Fintech Classification Methodology'.

Since 2017, Banca d'Italia has been supporting and monitoring the Fintech sector, establishing Canale Fintech and Milano Hub and contributing to the launch and operation of the Regulatory Sandbox. These tools aim to provide an environment conducive to experimentation, with the ultimate goal of promoting responsible innovation.

In this context, it is important to define a taxonomy to classify the different actors and services present in the Fintech landscape.

The work proposes a taxonomy in line with international standards, with which it compares itself and articulated along two dimensions: services and technologies.

After describing the criteria adopted for the classification, the paper presents some examples that show how it also captures the 'vertical' dimensions of Fintech (e.g. technologies used, target market).

Annexes

  1. 30 June 2025
    No. 61 - Fintech Classification Methodology
    pdf 5 MB