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Digital Euro project: Almaviva and Fabrick selected by European Central Bank

Monday, October 06, 2025 — 16:15:43 (UTC)

Rome/Bruxelles, 03 October 2025 – Almaviva, an Italian digital innovation Group, and Fabrick, a Sella Group company active in Open Finance at an international level, have been selected by the European Central Bank (ECB), as part of the Digital Euro project, to develop the mobile app and its technological infrastructure that will enable European citizens to use the European digital currency.

The app, designed to be intuitive and user-friendly, will be accessible via smartphone, tablet, or smartwatch, offering all European Union citizens a uniform and secure experience for digital payments. The part of the project entrusted to the two Italian companies also includes the development of an infrastructure that will be open and interoperable thanks to dedicated SDKs and APIs, enabling European Payment Service Providers to smoothly integrate their services with the Digital Euro platform. This approach will ensure widespread adoption of the new currency and foster innovation throughout the payments ecosystem, strengthening Europe’s technological autonomy.

Issued and guaranteed by the Eurosystem, the digital euro is intended to make payments simpler, safer, and more accessible, complementing cash and reinforcing financial inclusion across the euro area. The official digital euro app will be identical for all EU countries and can be used for electronic payments in physical stores, online, or between individuals, ensuring a simple, secure, and accessible experience for everyone

The initial duration of the contract, awarded to Almaviva and Fabrick as a temporary joint venture through a tender reserved for European companies, is four years, with the possibility of extensions up to ten years. The first two years will be dedicated to the development of the Digital Euro and the gradual rollout of various use cases; in the following two years, development will be completed and a stable operational phase ensured. Any extensions will allow for the completion of all functionalities, user base growth support, and the provision of maintenance and assistance. The maximum value of the framework agreement is approximately €153 million.

The digital euro represents a further step toward European cohesion, strengthening the strategic autonomy and monetary sovereignty of the euro area, improving the efficiency of the entire payments ecosystem, promoting innovation, and increasing resilience against cyberattacks or possible technical disruptions.

Further information at the link: 646903-2025 - Risultati - TED

Almaviva Group Almaviva is a leading Italian Information & Communication Technology group, with over 40 years of experience driving digital transformation for businesses and government agencies. As of 2024, the company employs more than 40,000 people across Italy and worldwide, with pro forma revenues exceeding €1.4 billion. By combining proprietary platforms with cutting-edge technologies — such as Artificial Intelligence, Data Analytics, Cloud, and Cybersecurity — the Group leads the end-to-end evolution of processes and systems across strategic market sectors: public administration, transportation, healthcare, finance, defense and security, environment, and water management. The Group operates through a global network of more than 30 companies and 80 locations in Italy and abroad, with a solid presence in several countries, including the United States, Latin America (Brazil, Colombia, Dominican Republic), Belgium, Spain, Finland, Saudi Arabia, the United Arab Emirates, Egypt, and Tunisia.

Fabrick Since 2018, Fabrick has been a benchmark for the continuous innovation of its clients — banks, institutions, fintechs, corporates, and startups — by developing and co-creating digital financial services with them. Through an open platform model, Fabrick streamlines the value chain of companies with easy-to-integrate Open Finance solutions and enables organizations of any sector and size to incorporate digital financial services into their offerings with a rapid time-to-market, thereby seizing new business opportunities or enhancing their customer experience. Innovative entities such as Fabrick Solutions Spain S.L., Alternative Payment Ltd (operating under the Judopay brand), finAPI GmbH, and the Fintech District community are part of the Fabrick ecosystem. Fabrick is backed by the Sella Group, Mastercard, and the Reale Mutua Group. With offices in Milan, Turin, Biella, and Rome, the company operates internationally through its subsidiaries based in Madrid, Munich, and London. www.fabrick.com.

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Source: Company press release.

Categories: Announcement