Costs, licensing, consumer protection Privacy, self-custody, censorship resistance

Prexta — Cessione del Quinto

Prexta S.p.A.

3.3/5 0.4/5
Advertised nominal rate from 6.16%
APR you actually pay 6.8%

at 43% of the usury threshold

Data verified on unchanged since the sources

Worth it if you are an employee or pensioner and want a competitive salary-backed loan: in the example the APR is 6.80%, about 43% of the category's usury threshold.

Avoid it if you want a short term or refuse insurance: the example runs 120 months and the mandatory policy is bundled into the loan cost.

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).

50
Transparency: Low
50/100 · see methodology
50
Data exposure: Low
50/100 · lower is better for sovereignty · methodology

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 / solidityGruppo 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

C D ★ 3.3/5 ★ 0.4/5

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.

Privacy & anonymity 30% 0.0
Fund control 20% 0.0
Censorship resistance 20% 1.5

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.

Reputation

What happened to people who used Prexta — Cessione del Quinto, and what users say. External signals: they do not feed the promp.it rating.

Incidents & regulatory actions

No known incident

Search across public sources: no known hack, withdrawal freeze or regulatory action as of the verification date.

verified on

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

Update history

✓ Terms unchanged since Jul 16, 2026

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