Success Stories


Reaching a younger demographic with sustainable, eco-friendly banking services

Milan, Italy

Banco Mediolanum launched Flowe in June 2020 with a unique vision. Targeted at a younger demographic that demands a more ethical and innovative approach, Flowe will be an environmentally-friendly digital bank that not only helps customers to build a sustainable financial future, but also partners with reforestation schemes and uses recycled wood for its payment cards.

To go to market quickly, Flowe deployed Temenos Transact and Temenos Financial Crime Mitigation on the Temenos Banking Cloud, running on the Microsoft Azure public cloud. Despite the ongoing COVID-19 pandemic, Temenos completed a remote deployment in just five months. Flowe then onboarded 15,000 customers in the first week of operations. Moving forward, the Temenos cloud model will provide elastic scalability as the bank adds even more users, while the solutions will enable the launch of innovative new services to satisfy evolving customer preferences.

Flowe will implement Temenos Payments later this year to provide instant payments in response to heightened demand. Temenos Payments will be integrated with Temenos Transact to provide seamless user experiences and market-leading cost-income ratios.

“We are excited to announce this strategic partnership with Temenos. Its cutting-edge technology powered our launch and now fuels our purpose to bring a new standard of sustainable banking to the European market. Temenos’ focus and unparalleled investment in innovation means Flowe will continue to benefit from the most advanced banking technology.”

Ivan Mazzoleni, Chief Executive Officer, Flowe