YOLO SRL announced that it has received €3 million in funding from Neva Finventures Sgr, Intesa Sanpaolo Vita S.p.A., Primomiglio SGR SPA, Banca di Piacenza - società cooperativa per azioni, Be Shaping The Future S.p.A., CRIF S.p.A.

YOLO SRL announced that it has entered into shareholders agreement wherein it received €3 million in an equity round of funding co-led by returning investor, Neva Finventures Sgr and new investor, Intesa Sanpaolo Vita S.p.A.. on July 13, 2020. The transaction also included participation from Be Shaping The Future S.p.A. (BIT:BEST) for €0.5 million, returning investor, Primomiglio SGR SPA, new investors, Banca di Piacenza - società cooperativa per azioni, CRIF S.p.A...

Be Shaping The Future S.p.A. (BIT:BEST) will hold 2.5% stake in the company post closing of the transaction. The money is raised at a post money valuation of €20 million.