Freelancers and micro-enterprises up to 10 employeesthis is the market that Tot, a digital banking platform developed in Italy and co-founded by Doris Messina, who is also CEO, which will be operational within a few days. The initial offer is based on an online account and a payment card, to which efficient planning and control tools will be added gradually for the items of expenditure, collection, earnings, provisioning needs for the tax authorities.
And the market, however specific, is certainly populated, at least in Italy, as demonstrated by the over a thousand activation requests received in the beta testing phase.
The payment account proposed by Tot allows the customer to perform a series of operations that include the possibility of paying F24s, making SEPA and international transfers, and shortly other payment operations (Riba, C-Bill, Swift transfers, PagoPA, to which is added a Visa Business credit card linked to the balance available on the current account. Through Tot, if necessary, it is possible to activate a dynamic ceiling and debit up to 60 days, effectively making it a “dual mode” credit card , combining the banking component with that of credit.
Doris Messina also underlines the “level of the partners we work with, starting from one of the highest profile such as Sella Bank for BaaS solutions (Banking as a service ed) which, with its capacity for innovation and vision, has allowed us to immediately build an extremely solid offer “.
The startup aims to reach 50,000 customers and 70,000 cards issued within three years, and then try to expand into foreign markets.