Tot, the Italian fintech company dedicated to simplifying business banking for SMEs, has closed a €7 million Pre-Series A funding round, bringing total capital raised to €11 million across Seed and Pre-Series A phases.

This investment reinforces Tot’s mission to free entrepreneurs from the burden of banking and administrative red tape, supporting the growth and competitiveness of Italy’s productive ecosystem.

Strong Investor Confidence

The round was led by CDP Venture Capital SGR, one of Italy’s most prominent venture capital firms, validating Tot’s business model designed around the real needs of Italian SMEs. Co-investors include Azimut Group, X-Equity Venture Club S.r.l. (through funds advised by FNDX), Club Deal Digital, and Chapeau Media together with a group of entrepreneurs and top managers. Existing investors The Techshop (lead in the Seed round) and Banca Sella (supporter since the Pre-Seed stage) also reaffirmed their commitment.

Key Metrics Driving Growth

Tot has rapidly established itself as a leading Italian fintech in business banking:

• 7,000+ client companies

• 3x growth since 2023

• €1+ billion transaction volumes in 2024, with expectations to exceed €2 billion in 2025

Funding Allocation

The fresh capital will accelerate Tot’s platform development, with investments in:

• Technology & AI integration – advancing automation and enhancing user experience

• Talent acquisition – strengthening teams with high-level expertise

• New features – expanding business card management, subscription handling, and team expense tracking

Designed for Italian SMEs

Tot’s competitive edge lies in its deep understanding of Italy’s entrepreneurial fabric and regulatory complexity, enabling the company to deliver solutions tailored to local SMEs where international players often fall short.

“This round confirms the strength of our distinctly Italian approach to fintech. Tot was created with a deep understanding of the specific needs of Italian SMEs, offering solutions designed around the realities of our national business landscape. With this new funding, we will further strengthen our mission to support Italian businesses with cutting-edge financial tools that fuel the real economy.”
— Doris Messina, Co-Founder & CEO of Tot

“Tot takes pride in being a platform that understands Italy’s entrepreneurial landscape. From traditional sectors such as manufacturing, commerce, and craftsmanship, to digital innovation and services, our clients reflect the true backbone of the Italian economy. Supporting such diverse industries makes us a strategic partner for SMEs’ growth and directly contributes to the competitiveness of Italy’s production system.”
— Bruno Reggiani, Co-Founder & COO of Tot