Omnio’s Preliminary Results Reveal 50% Improvement in EBIT Over Last Year

Omnio Group, a leading banking-as-a-service platform provider, celebrates significant improvements under the new leadership of CEO, Stefano Andreani

^7th December 2023 – Omnio Group, under the new leadership of CEO Stefano Andreani since April 2023, has experienced a period of significant transformation and improvement. Stefano, known as an innovator for his exceptional role in supporting the digitalisation of major European financial institutions, has been pivotal in redirecting the company’s trajectory towards innovation, improved performance and operational efficiency.

Omnio’s remarkable progress comes on the heels of a series of strategic initiatives aimed at optimising operational efficiency and fostering a culture of innovation.  By streamlining processes and capitalising on new opportunities Omnio has achieved remarkable results, positioning itself for sustained success and future expansion.

Under Stefano’s guidance, Omnio has seen a substantial improvement in its financial position. After the impressive efforts made in the last nine months of 2023, this year the Group is on track to improve EBIT by more than 50% compared to the previous year, and this trajectory continues to strengthen with each passing month.

Speaking about the announcement, Jorgen Durban, former Chairman of Omnio and current board member of OmniOne, comments, “The transformation seen in Omnio since April under Stefano’s leadership is remarkable. It reflects not just a financial recovery but our team’s ability to turn challenges into sustainable growth and innovation. Stefano in April presented the Board with challenging targets and in its execution systematically exceeded them month after month.”

Razvan Munteanu, Chairman of Omnio, adds, “The developments at Omnio align perfectly with our long-term vision. Stefano’s leadership has been instrumental in this phase of improvement, and I am confident in the company’s future prospects. Through hard work and a sharp vision, our team has turned our aspirations into reality, marking the beginning of Omnio’s transformative journey.”

Stefano Andreani, Omnio’s CEO also commented, “As we celebrate this target, we remain steadfast in our commitment to driving innovation and delivering exceptional value to our clients. This milestone is a testament to the dedication of our team.”

With a strong commitment to excellence and a proven track record of success, Omnio is a prime example of the thriving fintech sector in the UK. Its recent results are a clear demonstration of the industry’s limitless potential.