When it was formed in 2007 it overtook Unicredit Group as the largest bank in Italy with 13 million customers and US$690 billion worth of assets.[1] By 2010 its assets had grown to US$877.66 billion, ranking 26th in Forbes Global 2000.[11][12] The company is a component of the Euro Stoxx 50 stock market index.[13] In August 2018, Intesa Sanpaolo launched XME pay digital wallet.[14][15]