At the service of the local economy is a new way to rethink the local economy: interconnected and
collaborative, supported by the strength of the group and mutual trust.

Our goals is an integrated circuit designed to facilitate economic relations between economic entities operating in a given territory, and to provide them with complementary payment and credit tools


Facilitating collaboration between all economic actors of the territory


Encourage the creation of new relationships and enhance their economic and social impact


Anchor wealth to the territory by reactivating local production and consumption


Offer support to economic operators of the territory

Our history

January 2010

The Circuit is born

April 2010

First transaction

May 2010

First 100 member companies

September 2010

100.000 Sardex in transaction volume

December 2010

350.000 transacted volume, 250 member companies

September 2011

1000 transactions

October 2011

1 millioncredits transacted

November 2011

Visit of the Central Bank of Ecuador

December 2011

D-Pixel on board

January 2012

National Press, Riccardo Luna feature on

January 2012

European Design Institute Innovation Award

February 2012

500 member companies

June 2012

Participation at Next - The Republic of ideas

February 2012

500 member companies

October 2012

5000 operations

October 2012

5 Million Sardex credits transacted

January 2013

Framework agreement with the Sardinian Region

January 2013

B2E (business-to-employee) test starts

February 2013

1500 members companies

March 2013

10,000 transactions

May 2013

Sardex wins the Bloom Conference in Italy

June 2013 among the protagonists of the international conference "The Third Way"

June 2013 between "policy makers " at the 2nd International Conference of complementary currencies in The Hague

July 2013 selected in the Innovation category for the European Business Awards

January 2014

The project Digipay4growth funded by the European Commission officially starts

February 2014

Genius Loci added to the database of Italian generativity of Don Luigi Sturzo Foundation

April 2014

2000 member businesses

May 2014

50.000 transactions

June 2014 among the best Fintech startups at Siena Next

July 2014 at "3rd EINS Summer School" in Volos - Greece

August 2014

The interdepartmental committee on local and complementary currencies appointed by the French Government places Sardex among the most interesting case studies in Europe.

September 2014

The London School of Economics publishes a series of studies on

October 2014

First edition of the International Festival Mitzas "Sources of change "

November 2014

Sardex among the 69 startups selected by Italiarestarts Up!

November 2014

50,000,000 Sardex credits traded

December 2014

Captains of Europe Award 2014

March, 2015 at the Chamber of Deputies.

may 2015

The final report of the French Interdepartmental Commission defines as the local currency system with the highest impact on the territory in Europe after WIR.

may 2015

Sardex at the Trento Festival of Economics.

June 2015

Sardex among the guests of the Barcelona FinTechStage.

July 2015

LSE published a series of papers on the Circuit.

August 2015

Thomas Greco defines the Sardex model as "closer to optimal than any other"

September 2015 among the leaders of the Yale Day Date

September 2015

The Sardex Factor: on the home page of the Financial Times.

October 2015

Second edition of Mitzas devoted to connective intelligence

November 2015

The circuit exceeds the 3000 member companies

December 2015

100 Million of Sardex in transaction volume

December 2015 in Istanbul at the Workshop of the United Nations Development Department

January 2016

Nicola Pirina appointed General Manager of

February 2016

Signing of the agreement with Confcommercio South Sardinia

February 2016 protagonist at SellaLab

April 2016

Sardex Srl (Ltd) becomes Sardex Spa (joint-stock company) and closes a round of 3 million Euros for the development of its new business plan

June 2016

Sardex at the Banca d'Italia presentation on the Sadinian economy

June 2016

Sardex-Confindustria: a pact for the island's businesses

July 2016

Confconmercio South Sardinia puts its faith in

August 2016

The Sardex team strengthens

August 2016

Sardex: new Circuits already established in Italy and to be launched abroad from 2018

August 2016

Unter Uns (among us), Sardex on the Süddeutsche Zeitung

Partners and collaborations

Digipay4growth has been engaged for years in studying and experimenting possible forms of participation of the public administration in a Commercial Credit Circuit. The outcome of this long endeavour has been funnelled into the Digipay4growth project, funded by the European Commission under the Horizon 2020 program (Future Internet Research & Experimentation – FIRE+). Six Countries are involved and three field testing projects are scheduled in the initiative: one in Spain, one in England and one in Italy. Italy’s group leader is itself, which is carrying out the project in collaboration with the local government of Regione Autonoma della Sardegna (Autonomous Region of Sardinia).
The project uses an innovative payment tracking technology, is the first of its kind in Europe and requires the involvement of citizens, public authorities and businesses with the aim of increasing local demand, stimulate local circulation of purchasing power and increase the multiplier effect of public spending in the territory.

About us

Prizes and Awards

Here are the top prizes and awards received by the circuit over these years:

Innovation Award led 2012

Innovation Award led 2012

The prestigious Innovation Award is bestowed on in 2012 by Istituto Europeo di design (European Institute of Design)

National Champion EBA 2013

National Champion EBA 2013 is awarded the title of Italian National Champion for getting nominated for the European Business Awards in London in the innovation category.

Bloom Italy 2013

Bloom Italy 2013 triumphs in Bloom Italy in front of a jury of major national and international investors.

Banca di Credito Sardo 2013

Banca di Credito Sardo 2013

The Banca di Credito Sardo (Sardinian Credit Bank) awards a prize to for having distinguished itself as one of the most promising entrepreneurial realities in the island.

Captains of the Year Europe 2014

Captains of the Year Europe 2014 receives in the Hall of Flags Information Office of the European Parliament in Italy the Captains Of Europe Award.

Prize Startup Italy

Prize Startup Italy

In December 2014 Sardex ranks third in the list of top 100 Italian startups compiled by Riccardo Luna and What future for Startup Italy, proving itself again one of the most promising reality of the fintech Italian scene.

Deloitte Ranking 2016

Deloitte Ranking 2016

Sardex enters the Deloitte’s ranking.
The Deloitte Technology Fast 500TM EMEA program is an objective industry ranking focused on the technology ecosystem. It recognizes technology companies that have achieved the fastest rates of revenue growth in Europe, the Middle East, and Africa (EMEA) during the past four years.