The Medici Bank was a prominent financial institution founded in the late 14th century in Florence, Italy. Established by the Medici family, it became one of the most powerful banks in Europe during the Renaissance. The bank specialized in trade financing, currency exchange, and providing loans to wealthy clients, including popes and royalty. The success of the Medici Bank was largely due to its innovative banking practices and extensive network of branches across Europe. It played a crucial role in the economic development of Florence and helped finance the arts, contributing to the flourishing of the Renaissance period.