Latest / The Story of Italy: Rome, Renaissance, and the Birth of Modern Europe — Fexingo History
The First Modern Bank: How Italy Funded Europe
Before the stock exchanges of London or Wall Street, there was Florence. In this episode, we trace the rise of the Medici family and their invention of modern finance. We look at how Giovanni di Bicci de' Medici transformed a small wool merchant shop into the most powerful bank in Christendom. You will hear about the innovation of double-entry bookkeeping, the strategic marriages that built political alliances, and the tension between profit and piety that defined Cosimo il Vecchio’s rule. This is not just a story about money, but about how capital became the invisible hand that shaped…
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