back Back
Seeking to raise capital? Seeking to invest? Click Here & Express your early interest to be a part of IBS Intelligence’s new fund initiative.

Banca Sella partners with Business Vision to bring Italian SMEs to Alibaba.com

By Joy Dumasia

June 10, 2022

  • Alibaba Group
  • Alibaba.com
  • B2B Marketplace
Share

Supporting Italian SMEs in their international business projects of growth, development and competitiveness, taking advantage of the great opportunities offered by digital export: this is the purpose of the agreement signed by Banca Sella and Business Vision, a company specializing in digital commerce development and an Alibaba’s Global Service Partner that will allow Italian SMEs to land on the B2B marketplace and thus expand their presence in foreign markets.

“The agreement with Business Vision represents a tangible response to SMEs’ growth needs in digitization and export: two essential levers to support companies and the entire national economic fabric, said Andrea Massitti, Head of Corporate and Small business at Banca Sella. Our innovative Trace platform provides a single access point to the tools, products and services needed to support companies’ positioning in the international markets, thus increasing their competitiveness.”

According to the latest data from the Digital Export Observatory of the School of Management of the Politecnico di Milano, B2B digital exports in 2021 reached a value of € 146 billion, up 15% compared to 2020, weighing over 28% of the total export of products, with automotive, textiles, clothing and mechanics among the most digitalized supply chains.

“Since becoming a Global Partner of Alibaba.com, we have helped about 350 companies in their path to digital export. The ease with which a company today can connect with the whole world opens up the real need to understand and use all the tools to protect transactions. The agreement with Banca Sella goes precisely in this direction, supporting SMEs that want to enter foreign markets by giving them all the levers of knowledge and control”, commented Manuela Blanco, Co-Founder & COO of Business Vision.

Banca Sella’s Trace platform fostering the global business expansion of companies will make a series of new Business Vision’s digital tools available to speed up the growth path of SMEs abroad and manage all the activities to enhance their products on Alibaba.com, which today has a network of 150 million registered users and over 26 million buyers in more than 190 countries.

Small and medium-sized companies will therefore have different options depending on their needs and skills already in place: from studying the company’s peculiar characteristics to the profile activation on Alibaba.com; from the creation of a mini-site to the loading and presentation of products, from marketing campaign management activities to commercial support during negotiation, and customer care activities.

IBS Intelligence reported that The Spanish multinational banking group BBVA and the Sella group have entered into a strategic partnership for Open finance. The above will allow BBVA to offer its foreign customers willing to operate in Italy and those of the newly launched digital bank a series of local payment services such as F24, postal bills, CBILL and pagoPA.

Previous Article

June 10, 2022

GivingPay launches with Trust Payments to simplify online donations

Read More
Next Article

June 10, 2022

Providing billing solutions to the B2B industry: Interview with Rom Lakritz, CEO and Co-founder, Anchor

Read More










IBSi Daily News Analysis

The Weekly Wrap

August 19, 2022

Alibaba Group

The Weekly Wrap: all you need to know by Friday COB | August 19th

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

August 11, 2022

Revolut states almost 1.5m customers from 32 countries have completed the ‘Learn & Earn’ course

Read More

August 09, 2022

3 impactful FinTech companies in New Zealand

Read More

August 08, 2022

Brik by Brik launches BRIKN, the property investment ecosystem

Read More

Related Reports

Sales League Table Report 2022

£1,500.00 / year

Know More
IBS Intelligence - Global Digital Banking Vendor & Landscape Report Q2 2022
Global Digital Banking Vendor & Landscape Report Q2 2022

£1,500.00 / year

Know More
IBS Intelligence - Wealth Management & Private Banking Systems Report Q2 2022
Wealth Management & Private Banking Systems Report Q2 2022

£1,500.00 / year

Know More
Global Transaction Banking Vendors and Landscape Report Q2 2022

£1,500.00 / year

Know More
IBS Intelligence - Treasury & Capital Markets Systems Report Q2 2022
Treasury and Capital Markets Systems Report 2022

£1,500.00 / year

Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2022