Press Releases
OKTO strengthens its presence in Italy by joining IDH
September 28, 2023
OKTO strengthens its presence in Italy by joining IDH

OKTO proudly announces its membership in the Italian Digital Hub Foundation (IDH). This collaboration underscores the shared commitment of both entities to digital transformation and specifically to advance e-money services.

With this partnership, OKTO reaffirms its unwavering dedication to regulatory compliance and collaborative engagement with local authorities. By aligning with IDH, OKTO is poised to amplify its capacity to provide state-of-the-art payment services to merchants, all while adhering to the industry’s highest standards and best practices.

Francesco Crudo, OKTO’s Director of Corporate Development & Regulatory Affairs in Italy, stated: “We’re thrilled to join IDH, a prestigious foundation dedicated to enhancing Italy’s digital landscape. OKTO remains committed to upholding the most stringent regulatory standards and working closely with local authorities to deliver innovative, secure, and efficient payment solutions to our valued merchant partners.”

IDH warmly welcomes OKTO into its esteemed community. IDH’s President Maurizio Pimpinella, added: “We warmly welcome OKTO to our Foundation. OKTO’s commitment to compliance and innovation is in line with our commitment to promote digital innovation in Italy, in the Paytech and Fintech landscape. We look forward to an increasingly close collaboration of OKTO with all our members to promote the development of the digital ecosystem and payments in the Italian market.”

As an IDH member, OKTO will actively participate in knowledge-sharing activities, including round tables, conventions, and conferences, ensuring it remains at the forefront of Italy’s digital transformation and ever-evolving payment industry landscape.

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