Ullmanna, an Agritech startup from the Czech Republic, Verdefood, a Romanian marketplace, and Proofminder, a Hungarian platform for artificial intelligence in precision agriculture, are the winners of the first edition of Nextcelerator, the agriculture acceleration program run by Agricover, SeedBlink and Microsoft. The program included mentoring sessions to diagnose gaps and development opportunities for startups, […]
Urgent policy measures including adequate funding, the creation of smart city task forces and the availability of high-quality connectivity will be required to overcome barriers and ensure the European Commission achieves its ambitious mission of 100 carbon-neutral and smart cities by 2030, a new Vodafone report today reveals. A comprehensive study across ten European countries […]
The share of employees across the globe who have seen their roles change following the implementation of intelligent automation solutions continues to rise and reaches 34%, compared to 23% in 2020 according to the latest edition of Deloitte Automation with Intelligence survey, conducted in 34 countries, including Romania. The study also shows that the level […]
Launched in 2012 under the brand of European fintech Revo Technologies, Mokka is a BNPL-type service provider with over 10 million unique customers. Internationally, the group has over 7,500 partner stores, both physical and online. Starting last year, Mokka launched in Romania and has, at the national level, partnerships with top retailers such as Mobexpert, […]
Over 40 fintechs from Central, Eastern, and Western Europe have expressed an interest in participating in the Open Banking Hackathon – CEE Edition 2022. Due to the great interest in the competition, the deadline for applications has been extended. Registration are now open until 16th of September >> https://openbankinghackathon.com/#register. “There has been a lot of […]
Latvian FinTech startup LANDE has raised a pre-seed round of 550,000 EUR to bring agricultural crowdfunding and financing to underfunded farmers in Romania. The platform has thus far operated in the Baltics and has issued over 4.5 million EUR in loans to date. The agricultural financing and crowdfunding platform LANDE helps small and medium-sized farms obtain capital […]
OTP Group announces the financial results for the first half of 2022. According to the report published in Budapest, which presents the consolidated results adjusted by the Group´s standards, OTP Bank Romania has registered a RON 14 million loss during the first semester of 2022, a result shaped mainly by the higher total risk […]
Half of Romanians say they have never been to the dentist, either because they don’t think they need it, or because they don’t have the money, according to the data of a Kantar study carried out at the beginning of this year. In this context, the Buy Now Pay Later (BNPL) alternative payment tool offered […]
OTP Group completed the procedure for the purchase of Alpha Bank Albania. With this transaction closed, OTP Group – which is also the owner of OTP Bank Albania – further strengthens its market position in Albania. As the result of the integration process of the two banks in terms of total assets the market share […]
Revolut has surpassed 20 million retail customers worldwide and is now processing over 250 million transactions a month. Both achievements come as Revolut celebrates its seventh anniversary. The company is continuing to expand its global workforce, topping 5,000 employees globally. Over the past year, Revolut has opened several offices in locations such as New York, […]
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