Portuguese fintech Doutor Finanças has announced the launch of operations in Italy, the second step in its international expansion strategy after Spain, according to a statement cited by ECO.
The Italian operation will begin in a “fully digital format,” ensuring national coverage, speed, and cost efficiency. By 2030, Doutor Finanças expects Spain and Italy to account for 25% of its total turnover.
“Italy is the second country to be part of Doutor Finanças’ internationalization strategy and represents a decisive step in the group’s growth. We chose this market for its potential in areas such as housing credit – we are facing a market worth around €70 billion euros – loan renegotiation, and independent financial advice,” co-CEO Vanda de Jesus, was quoted as saying.
She added that the company’s goal is “to support Italian families in making conscious financial decisions, reinforcing financial literacy, and to contribute so that, by 2030, Spain and Italy represent 25% of the group’s turnover, consolidating the position of Doutor Finanças as an international reference in financial well-being.”
Antonio Biffi will lead Doutor Finanças in Italy. “This is a market with its own characteristics, but full of opportunities to support Italian families in making more conscious financial decisions,” said the managing director of Doutor Finanças in Italy.
“With a committed local team, we will replicate the group’s successful model, simplify complex processes, and contribute to strengthening financial literacy, consolidating the presence of Doutor Finanças in this new strategic market.”
Biffi has more than two decades of experience in investment banking and capital markets, having studied in Milan and Southampton. He founded Hammer Partners Equity Independent Research in Lugano, Switzerland, and co-founded several startups.
Founded in 2014, Doutor Finanças specializes in financial well-being, helping clients with mortgages, consolidated credit, and insurance. In 2024, the fintech recorded a turnover of €21 million and has supported more than 185,000 people to date.
The company works as a tied credit intermediary certified by the Bank of Portugal. Its business model relies on partnerships with banks, financial institutions, and insurance companies, with no direct cost to clients. Instead, it is remunerated by its partners.
A team of experts analyzes each case individually, recommending financing solutions such as housing, personal, or consolidated credit, as well as the most suitable insurance options to safeguard clients’ futures.
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