Romania was included for the first time in a report made by Polish venture capital firm Inovo VC. The partners see our country as ”the new tiger” of the Central and Eastern European region and would like to invest in the startups here between 10 and 20 million euros. At the end of August, Polish […]
Yarooms, a SaaS company providing leading workplace experience solutions, has secured 2 million EUR financing to pursue a new market opportunity and accelerate growth. GapMinder is lead investor with 1.6 million EUR and SeedBlink is also an investor. Yarooms is a Romanian tech company co-founded in 2010 by Dragos Badea, Emil Muhtu and Marcel Preda. […]
Creators are driving a revolution in digital commerce and culture – producing content that entertains, engages, and educates online communities in powerful new ways. To serve this growing category of small business, Visa announced the launch of the Visa Ready Creator Commerce program. The global initiative will help creator-centric platforms, such as social-commerce and video […]
tbi bank announced the beginning of a pilot project with the fintech startup Prime Dash, to help the emerging Romanian fintech startups to grow and scale faster. The project is part of the Visa Innovation Program partnership platform, powered by Eleven Ventures, one of the leading early-stage Venture Capital companies in Southeast Europe. Visa Innovation […]
Banks’s profitability will remain subdued over the next year, because of an unprecedented mix of factors including Russia’s invasion of Ukraine, supply chain disruptions, inflation rise, tightening monetary policy across the world and potential recession or stagflation in certain economies, but it is expected to improve until 2026 and reach the current levels of return […]
Open Banking Hackathon which took place last week between 26th of September to 30th of September 2022, brought together impressive forces in Central and Eastern Europe’s financial industry ecosystem to discuss and find solutions as we are moving forwards to the PSD3 on the table of the European Commission. More than 45 fintechs from all […]
Softbinator Technologies (BVB: CODE), a Romanian company that provides software development services focused mainly on the blockchain, artificial intelligence, and DevOps, announced the implementation within the company of a financial-accounting system that accepts payment with stablecoins and thus became one of the first blockchain providers in Romania to accept payment with such cryptocurrencies. A stablecoin […]
Almost two-thirds (64%) of small and medium-sized businesses in Romania say they accept card payments due to the speed, safety and immediate access to money, reveals the latest survey on the digitalisation of businesses conducted by Visa in partnership with the National Council of Small and Medium Sized Businesses in Romania (CNIPMMR). Moreover, half (48%) […]
Amber Studio SA, a leading global independent game developer, announced that a fund advised by Emona Capital LLP (“Emona Capital” or “Emona”), a London-based investment firm, has agreed to invest up to $20 million at a $190 million post-money valuation to accelerate Amber’s global growth through M&A. Part of the proceeds will also be invested […]
Qualitance, the international technology and innovation company founded in Romania, has signed an acquisition agreement with ALTEN, according to which the international technology and innovation consulting and services group, operating in 30 countries, has committed to acquire the company founded 15 years ago by Radu Constantinescu and Ioan Iacob. Qualitance, which prides on a team […]
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