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- With this investment, UniCredit is pushing towards digital innovation also in the real estate sector thanks to the collaboration with Casavo, a leading player in Europe in the PropTech sector.
- The partnership aims to offer distinctive solutions to simplify the experience of those who sell and buy a house, as well as highlighting the synergy between the two entities. and pool the expertise of both
Milan, 21 December 2022 - Casavo, the next-generation European platform for buying and selling homes, announces that it has received an investment of 10 million euros from UniCredit and at the same time that it has signed a long-term strategic partnership between the two companies. The transaction took place in the context of the 400 million euro Series D capital increase, between equity and debt, announced last July.
Thanks to this partnership, in the coming months UniCredit will make new services developed together with Casavo available to its customers, implemented through an integrated and transparent digital experience, as well as having the possibility of reaching the company's customers with its own offering. At the same time, Casavo will be able to leverage the home services offered by UniCredit Subito Casa, the UniCredit Group's real estate brokerage company active since 2014.
The collaboration between the two companies covers the entire segment of real estate financing. With its products, UniCredit will become one of Casavo Mutui's partner banks. Furthermore, it will further enrich Casavo's offering of complementary services for property purchases, such as personal financing solutions for ancillary services to the purchase. In the case of the offering aimed at sellers, UniCredit Subito Casa customers will be able to receive a purchase offer for their property from Casavo instantly and completely digitally thanks to the Instant Buying service. In real estate brokerage, service synergies will be activated to provide a value proposition to property seller clients who will be able to benefit from both the extensive network of UniCredit Subito Casa Real Estate Consultants and the expertise of Casavo.
We are very excited to announce this strategic partnership with UniCredit, with an investment of 10 million euros that demonstrates a long-term commitment, commented Giorgio Tinacci, Founder and CEO of Casavo. “This partnership is part of a broader collaboration program between Casavo and the leading banking institutions in the markets in which we operate. We believe this will allow us to: to further improve the experience of those who sell and buy a house, thanks to an integrated offer along the entire value chain of the sale.
"Thanks to this investment, we confirm our commitment to digital innovation also in the real estate sector, in partnership with an Italian company, a European leader, in the Proptech sector," said RemoTaricani, Deputy Head of UniCredit Italy. "UniCredit wants to be a long-term strategic partner for innovative companies, which is why we have invested in a platform like Casavo, just as we support the best start-ups that participate in our UniCredit Start Lab programs."