Prexta — Cessione del Quinto
Prexta S.p.A.
Prexta is the financial intermediary (art. 106 TUB no. 117) of the Mediolanum banking group dedicated to salary-backed loans. In the example (€32,000/120 months) the nominal rate is 6.16% and the APR 6.80%: competitive terms for the category, with mandatory insurance included. It belongs to a solid banking group (Mediolanum) and serves both employees and pensioners. As the amount exceeds €15,000, the usury benchmark is the "over €15,000" band (15.96% threshold).
Data & conditions
| Representative-example APR | 6.8% (€32,000 · 120 months) |
|---|---|
| Min advertised nominal rate | 6.16% |
| Usury threshold | 15.963% (Cessione del quinto oltre 15.000€, 3° trim. 2026) — APR sits at 43% |
| Loan amount | — – €75,000 |
| Term | 24–120 months |
| Lender | Financial intermediary (art. 106 TUB) |
| Eligible borrowers | Public/State employees, Private employees, Pensioners |
| Mandatory insurance | Yes |
| Insurance included in APR | Yes |
| Reported to credit bureaus (CRIF) | Yes |
| KYC | Full |
| Supported countries | EEA · 1+ countries |
| Regulator | Banca d'Italia |
| Segment | B2C |
| Funding / solidity | Gruppo bancario Mediolanum |
| MiCA / License status | Intermediario finanziario ex art. 106 TUB (Albo Unico n. 117) |
Strengths
- 6.16% nominal / 6.80% APR: competitive for salary-backed loans
- Mediolanum banking group; serves employees and pensioners
- Example APR at about 43% of the category's usury threshold
- No notable sovereignty advantage documented.
Weaknesses
- Financial intermediary (not a direct bank)
- Mandatory insurance included; example term 120 months
- Less known to the general public than the big salary-backed-loan names
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
Verdict
Score 3.3/5, average profile. In its favour: 6.16% nominal / 6.80% APR: competitive for salary-backed loans. The trade-off to weigh: financial intermediary (not a direct bank).
On the Sovereignty lens the score is 0.4/5 (weak): the strength is censorship resistance (1.5/5), while fund control (0.0/5) is the weak link.
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
FAQ
Which group does Prexta belong to?
Prexta S.p.A. is a financial intermediary registered under art. 106 TUB no. 117 and part of the Mediolanum banking group (not Mediobanca). It offers salary-backed loans to employees and pensioners with competitive APRs (example 6.80%).
Sources
- Official service page Data verified on Jul 16, 2026