Manteia Memar S.r.l., a frontrunner in artificial intelligence tailored for the credit sector, has announced a significant acquisition that expands its technological footprint. The company has acquired Wicome S.r.l., a key player in document management and workflow automation within Italy. This strategic move not only enhances Manteia’s portfolio but also positions it as a pioneering AI tech company in Italy, creating a fully integrated hyperautomation platform specifically designed for business processes.
Graziano Meloni, CEO and Chairman of Manteia, articulated the company’s ambitious vision: “Our aim has always been to forge a European leader in AI applied to business processes, equipped with proprietary technologies and native models capable of driving hyperautomation into the workflows of large corporate groups and public administrations.” This vision is underscored by Manteia’s commitment to creating solutions that comply with European standards on artificial intelligence, ensuring both effectiveness and ethical adherence.
The newly developed platform integrates several advanced technologies, including Intelligent Document Processing for automatic document classification and smart data extraction, as well as Business Process Management to streamline complex enterprise-level processes. Additionally, it features Conversational AI capabilities, enabling the deployment of chatbots and virtual assistants, as well as Agentic AI for autonomous task orchestration through what are termed “digital employees”. This holistic approach exemplifies Manteia’s efforts to facilitate seamless operational efficiency across industries.
The integration of Wicome’s technologies and expertise allows Manteia to extend its reach beyond the banking, finance, and credit sectors, venturing into public administration, utilities, and industrial sectors. With the hyperautomation market projected to grow significantly—expected to reach USD 26.5 billion by 2028—Manteia is strategically positioned to capitalize on this trend, as hyperautomation combines various technologies like AI and robotic process automation (RPA) to automate diverse business tasks.
Marco De Felice Ciccoli, CTO of Wicome, echoed the sentiments of growth and synergy, stating, “In this operation, we find a strong technological synergy and a push to expand the use of our ‘Gedox’ platform beyond the many companies already utilising it in Italy.” This integration not only enhances Manteia’s existing capabilities but also reinforces its goal to simplify and automate business processes effectively.
Founded in 2019, Manteia has dramatically altered the landscape of credit management by introducing AI-driven solutions throughout the credit lifecycle—from origination to recovery. The company has become a leader in automating the analysis and management of public guarantees, a critical area in Italy’s financial ecosystem. Furthermore, as a signatory of the AI Pact, Manteia is positioned as a preferred partner to the European AI Office in defining compliance criteria and promoting the responsible adoption of AI.
This new suite of solutions will be formally unveiled at the AI Forum 2025, taking place on June 4 and 5 at the Palazzo del Ghiaccio in Milan, as part of Credit Week 2025. The event promises to be a significant gathering for key stakeholders in the AI revolution in Italy, showcasing Manteia’s integrated offerings that seek to drive innovation and enhance operational efficiency across business processes and public administration.
As organisations increasingly embrace hyperautomation to navigate the complexities of modern business, Manteia’s acquisition of Wicome stands as a testament to the burgeoning role of AI in transforming operational landscapes, offering a pathway to enhanced productivity and efficiency.
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Source: Noah Wire Services
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