PIR (Individual Plans of Savings) and Social Lending – opportunities of alternative financing of companies and startups

During the last year, as a consequence of a few law enactments and subsequent clarifications by the competent Public Authorities (including the Bank of Italy), Italy has started to offer investors new financing opportunities to enterprises, including start-ups. Individual Plans of Savings (known as “PIR”) have been first provided for in the 2017 Financial Law. …

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