CRIF buys minority stake in credit-software maker M&GF Project

What's the deal? CRIFDealroom has a profile for this one. Try Dealroom →, a leading Italian provider of information services and credit management solutions, has acquired a minority stake in M&GF ProjectDealroom has a profile for this one. Try Dealroom →, an Italian software house specialising in commercial credit management. The investment, announced in October 2026, saw CRIF buy into M&GF Project's share capital from its founding shareholders. Terms were not disclosed.

What each side brings: Founded in 1998, M&GF Project manages around €37 billion in credit for more than 130 clients from its base in Concorezzo. CRIF, established in Bologna in 1988, is Italy's leader in retail credit management and a major European banking-information group.

What's the endgame? The deal builds on an existing commercial partnership between the two companies. CRIF's investment aims to fund development of M&GF Project's software platform and support its market expansion.

Why now? The move fits CRIF's recent push to modernise its credit-management technology, including the September launch of its modular CRIF ORCHESTRA platform.

The signal: This is a small, targeted bet on specialist software rather than a major consolidation event. It arrives as credit-tech dealmaking picks up — the same month, ACTICODealroom has a profile for this one. Try Dealroom → and Axe FinanceDealroom has a profile for this one. Try Dealroom → combined their credit-risk software businesses with backing from investor KeensightDealroom has a profile for this one. Try Dealroom → — showing CRIF using equity to deepen capabilities in a competitive market.

Read more: biia.com

Image credit: Generated with Gemini