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Discover all the payments and fintech-related news and analysis about Romania in The Paypers News, Reports, along with other Romania-specific insights on the payments and fintech industry:

Discover all the payments and fintech-related news and analysis about Romania in The Paypers News, Reports, along with other

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Ocean Credit sets target for Delfin credit line

News | Cards | 12 Oct 2021

Romania-based fintech Ocean Credit has set a target of 2000 customers for Delfin in 2021, a credit line that is accessible on any debit card.

debit card, fintech, Revolut, Visa, Mastercard

Allevo, Bakken, Bæck finalise the Whizzer project

News | E-invoicing, SCF & E-procurement | 30 Nov 2021

Romania-based Allevo and Norway’s Bakken & Bæck have finalised the Whizzer project, with a total investment of approximately EUR 738k.

partnership, funding, supply chain finance, SMEs

Paysera introduces its payment initiation service in Romania

News | Online Payments | 07 Jul 2021

In Romania, Paysera has introduced a payment initiation service based on Open Banking where online payments are made by initiating them from an account with the buyer’s bank.

Open Banking, expansion, banks

bonapp.eco launches mobile app giving consumers up to 80% savings on food

News | Ecommerce | 05 Nov 2021

Romania-based startup bonapp.eco has rolled out an app aimed for combating food waste, connecting consumers to retailers to sell food that is close to the expiration date.

product launch, startup, ecommerce, retail

Elrond partners with Shopping.io to enable eGold payments

News | Cryptocurrencies | 09 Apr 2021

Romania-based blockchain platform Elrond has announced a partnership with the cryptoshopping platform Shopping.io to introduce eGold as a payment option on US ecommerce websites.

partnership, product launch, cryptocurrency, ecommerce

Deloitte and FintechOS, partners in CEC Bank's digital transformation

News | Online & Mobile Banking | 31 Mar 2020

Deloitte Romania and FintechOS have created and implemented the technical solution for the “Welcome” package.

Deloitte, FintechOS, CEC Bank, digital transformation, fintech, innovation, mobile banking

FIs in the CEE region interested in fintech innovation, digital currencies, regtech – study finds

News | Payments General | 14 Jun 2022

Unchain Fintech Festival has collected data from top banking and fintech representatives for a market study called Fintech Under the Spotlight focused on the CEE region.

CBDC, DeFi, fintech, regtech, KYC, artificial intelligence, blockchain

Open Banking for businesses is coming in Central and Eastern Europe

Interviews | Online & Mobile Banking | 15 Mar 2022

Cosmin Cosma, the President of the Romanian Fintech Association and Finqware’s CEO, reveals for our readers how does fintech look like in Romania and why this is a hot region to invest in

Open Banking, fintech, financial services, banks, ING, financial institutions, risk management, Plaid , Salt Edge, Tink

Edenred Romania launches Apple Pay mobile payments for digital meal vouchers

News | Mobile Payments | 26 Jun 2020

French-based prepaid corporate services provider Edenred has announced launching Apple Pay mobile payments for digital meal vouchers in Romania.

Edenred, Apply Pay, prepaid card, meal ticket, corporate card, mobile payments, Romania, Eastern Europe, CEE

After a rewarding 2021, Revolut will continue to focus on strengthening its position in Romania

Interviews | Online & Mobile Banking | 19 Jan 2022

The Paypers has sat with Gabriela Simion and Madalina Stoica from Revolut, Romania to find out more about the payment habits of the local market and the company's plans for 2022

Revolut, digital banking, instant payments, mobile banking

Carrefour moves Romanian online delivery services to BRINGO delivery app

News | Ecommerce | 31 Aug 2020

France-based retail multinational corporation Carrefour has announced moving its online shopping services in Romania to delivery app BRINGO.

Carrefour, Carrefour Romania, delivery app, online shopping, ecommerce, retail chain, supermarket, hypermarket, Eastern Europe, Europe, Bringo

SeedBlink ends its series A financing round with EUR 3 mln

News | Payments General | 28 May 2021

SeedBlink has ended the series A financing round worth EUR 3 million, of which EUR 1,1 million through crowd investing, double the initial target.

funding, crowdfunding, investment, banks

Up Romania rolls out facial-recognition payment system called PayByFace

News | Payments General | 17 Aug 2020

Financial solutions company Up Romania has announced the launch of PayByFace, a facial-recognition app.

Up Romania, Paybyface, facial-recognition payments, financial solutions, facial recognition, mobile app, payment card, selfie, PIN code, affiliated stores, biometric readers, consumer payment patterns, COVID19, pandemic

Digital Identity in Romania

Voice of the Industry | Digital Identity, Security & Online Fraud | 11 May 2022

With the EC advancing the initiative for a European wide Digital Identity Wallet, Andrei Dumitru from IT Smart Systems shares how Romanians are setting up local digital identity solutions to get ready

digital identity, Open Banking, fintech, GAIN, identity verification

Contactless system for direct payment at turnstiles revealed by Metrorex, BCR

News | Online Payments | 28 Nov 2019

Metrorex and local lender Banca Comercială Română (BCR) have implemented a new card payment solution in 9 subway stations in Romania’s capital, as part of a pilot program.

Metrorex, BCR, contactless system, direct payment, turnstiles, Visa, MasterCard, cards, bank, fees, issuing bank, Romania

Coingrig integrates Nordigen's Open Banking platform

News | Online & Mobile Banking | 25 May 2022

Romania-based Coingrig has integrated Nordigen’s Open Banking platform to increase the ease of bank connectivity to their digital wallet. 

partnership, banks, e-wallet, Open Banking, crypto

Finqware Technology partners with Banca Transilvania

News | Online & Mobile Banking | 09 Nov 2020

Banca Transilvania (BT) has selected Romanian startup Finqware to deliver new services to retail clients through a multi-banking feature.

Finqware Technology partners with Banca Transilvania, banking, partnership, Open Banking, fintech

PayPoint Romania acquires digital payments app 24pay

News | Mobile Payments | 09 Feb 2022

PayPoint Romania has announced it completed the acquisition of local digital payment solution for public transport 24pay

mobile payments, payment processing, payment processor, direct carrier billing, local payment method, digital payments

Sodexo Romania partners with food delivery app for payments

News | Mobile Payments | 19 Apr 2022

Employee benefits provider company Sodexo, through its regional branch Sodexo Romania, has partnered with local food delivery app Tazz to allow customers to pay using their meal cards. 

partnership, prepaid card, gift card , virtual card, delivery, loyalty programme

Fintech startups and ecosystem trends in Romania

Voice of the Industry | Online & Mobile Banking | 30 Jul 2021

Executive Director at ROTSA (Romanian Tech Startups Association), Cristiana Bogățeanu depicts how does the fintech landscape look like in Romania

fintech, startup, COVID-19, blockchain, mobile banking, digital banking