Epipoli S.p.A
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Epipoli S.p.A - overview
Established
2000
Location
Milan, -, Italy
Primary Industry
Financial Services
About
Based in Italy, Epipoli S. p. A specializes in loyalty programs, prepaid payment solutions, and gift cards, enhancing customer engagement and transaction experiences for businesses and consumers alike. Established in 2000 and headquartered in Milan, Italy, Epipoli S.
p. A provides innovative payment solutions to enhance customer loyalty. The company has successfully navigated its business strategy while maintaining a strong focus on prepaid products. Gaetano Giannetto is both the Founder and CEO, leading the firm since its inception.
Epipoli has engaged in 2 significant deals, with the most recent being a majority stake acquisition by Investcorp on January 16, 2025. Epipoli S. p. A.
specializes in providing prepaid payment solutions, gift cards, and loyalty programs. Their core product offerings include a variety of prepaid cards such as MyGiftCard for everyday purchases and MyGiftCard Carburante for fuel expenses, facilitating transactions without traditional banking methods. Operating in over 70,000 retail points, the company serves thousands of businesses, including micro and small enterprises, enhancing customer retention through their solutions. Additionally, the MyGiftCard Business platform offers tailored payment solutions, incentives, and welfare programs, with an eye on expanding beyond Italy.
In 2023, Epipoli generated revenue of EUR 254. 34 mn with an EBITDA of EUR 1. 56 mn. The company's revenue model is based on transaction fees from their prepaid cards, sold to retailers and directly to consumers, creating a stable income stream.
Partnerships with enterprises for incentive programs further diversify its revenue sources, supporting both B2B and B2C transactions. Looking ahead, Epipoli plans to leverage its upcoming acquisition by Investcorp to broaden its financial services and explore new markets. The acquisition will enable the company to accelerate its growth and expand its reach. The firm aims to launch new products and services to enhance its offerings, with specific details on upcoming releases yet to be disclosed.
Through this strategic move, Epipoli anticipates entering new geographic regions to solidify its market presence.
Current Investors
Bregal Milestone
Primary Industry
Financial Services
Sub Industries
e-Financial, Accounting/Finance Software, Customer Relationship Management
Website
www.epipoli.com
Verticals
FinTech, Mobile Apps
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Epipoli S.p.A - timeline of key events
Epipoli S.p.A - financials
| Fiscal Year Ended | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 16,621,940 | 14,079,270 | 18,345,124 | 21,909,874 | 29,514,103 | 31,727,771 | 37,605,954 | 50,378,478 | 83,997,270 | 116,631,685 | 135,056,703 | 152,145,597 | - | - | - |
| % Revenue Growth (YoY) | - | (15.3%) | 30.3% | 19.4% | 34.7% | 7.5% | 18.5% | 34.0% | 66.7% | 38.9% | 15.8% | 12.7% | - | - | - |
| EBITDA (USD) | 944,847 | 803,952 | 1,522,359 | 981,638 | 938,436 | 941,514 | 1,623,841 | 1,666,407 | 2,714,690 | 3,309,925 | (256,077) | (1,667,423) | - | - | - |
| Operating Income (USD) | 359,800 | 250,680 | 941,634 | 517,321 | 482,380 | 617,845 | 904,244 | 669,839 | 1,396,594 | 1,464,773 | (2,912,511) | (5,065,749) | - | - | - |
| Operating Margin | 2.2% | 1.8% | 5.1% | 2.4% | 1.6% | 1.9% | 2.4% | 1.3% | 1.7% | 1.3% | (2.2%) | (3.3%) | - | - | - |
| % EBITDA Margin | 5.7% | 5.7% | 8.3% | 4.5% | 3.2% | 3.0% | 4.3% | 3.3% | 3.2% | 2.8% | (0.2%) | (1.1%) | - | - | - |
| NET Income (USD) | 22,039 | 9,461 | 18,342 | 20,341 | 19,097 | 32,278 | 2,677 | 56,889 | 389,621 | 620,970 | (12,536,767) | (4,899,547) | - | - | - |
| % Net Margin | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.0% | 0.1% | 0.5% | 0.5% | (9.3%) | (3.2%) | - | - | - |
Epipoli S.p.A - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | ICTPromotion | - | ||||||||
| Secondary Buyout | Completed | Epipoli S.p.A | - | ||||||||
| Growth | Completed | Epipoli S.p.A | - |
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Epipoli S.p.A - employee data
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