Soisy — Paga a Rate
Soisy S.p.A.
Soisy was an Italian fintech bringing peer-to-peer lending into e-commerce instalment payments, with a declared APR from 7.19% to 14.95%. The service no longer exists: Soisy S.p.A. was merged into Compass Banca S.p.A. (Mediobanca group) on 31 January 2024 and, as the official Compass page states, from the merger date Soisy's services — including the payment account — were permanently discontinued. Today soisy.it redirects to compass.it; existing customers can only access the reserved area.
Data & conditions
| Representative-example APR | 7.19% |
|---|---|
| Max APR | 14.95% |
| Usury threshold | 17.713% (Credito finalizzato, 3° trim. 2026) — APR sits at 41% |
| Term | 3–36 months |
| Number of instalments | 12 |
| Lender | BNPL / deferred payment |
| Mandatory insurance | No |
| Reported to credit bureaus (CRIF) | Yes |
| KYC | Full |
| Supported countries | EEA · 1+ countries |
| Regulator | Banca d'Italia |
| Segment | B2C |
| Funding / solidity | Fintech italiana di social lending applicato al pagamento rateale e-commerce; fusa in Compass Banca S.p.A. (gruppo Mediobanca) il 31/1/2024, servizi definitivamente dismessi |
| MiCA / License status | Istituto di pagamento vigilato da Banca d'Italia (modello di prestito tra privati / P2P lending) |
Strengths
- Long instalments (up to 36 months) with a transparent APR from 7.19%
- No stamp duty and no early-repayment costs
- Payment institution supervised by the Bank of Italy
- No notable sovereignty advantage documented.
Weaknesses
- Service permanently discontinued: merged into Compass Banca S.p.A. on 31/1/2024, it is no longer possible to open accounts or pay in instalments with Soisy
- soisy.it redirects to compass.it: for new instalment plans the reference is Compass, not Soisy
- Historically it was interest-bearing credit (APR 7.19%–14.95%), not a free "pay in 3"
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
Verdict
Score 1.5/5, weak profile. In its favour: long instalments (up to 36 months) with a transparent APR from 7.19%. The trade-off to weigh: service permanently discontinued: merged into Compass Banca S.p.A. on 31/1/2024, it is no longer possible to open accounts or pay in instalments with Soisy.
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
Does Soisy still exist?
No: Soisy S.p.A. was merged into Compass Banca S.p.A. (Mediobanca group) on 31 January 2024 and its services, including the payment account, were permanently discontinued. Existing customers can still access the reserved area via the dedicated Compass page; for new instalment payments you need to turn to other providers.
Was Soisy like Scalapay or Klarna?
No: Scalapay and Klarna "pay in 3" are at 0% APR over a few weeks; Soisy was purpose-tied credit with interest (APR 7.19%–14.95%) over long terms (3–36 months), with a creditworthiness assessment. In exchange it had no stamp duty or early-repayment costs.
Sources
- Official service page Rating editoriale · Tier · Url ufficiale Data verified on Jul 23, 2026
- soisy.it Data verified on Jul 16, 2026
Update history
- Written confirmation from Compass by email (supporto.soisy@compass.it, 23/7/2026), following the notice of withdrawal from the payment-account contract: "the Soisy platform has been discontinued". The discontinuation, already found on the official Compass page, is thus confirmed directly by support.
- Service discontinued: soisy.it 301-redirects to compass.it/business/soisy.html, which states the merger of Soisy S.p.A. into Compass Banca S.p.A. (31/1/2024) and the permanent discontinuation of its services, including the payment account. Score adjusted to the service's status (1.5, tier D) and URL updated to the reference Compass page.