MoneyGram International, Inc., a global leader in the financial industry connecting communities worldwide, announces a new collaboration with Arsis Trading SRL, the largest independent telecommunications retailer in Romania, to extend access to both national and international money transfer options throughout the country. Through this collaboration, anyone can send and receive money using MoneyGram services at Arsis locations in Romania. All those in need of speed and security in using money transfer services now have over 140 new physical options throughout the country. Both incoming and outgoing cash transfers are facilitated in the local currency. “By collaborating with Romania’s largest independent telecommunications retailer, MoneyGram can expand its existing presence to offer customers in Romania more and more physical options to send and receive funds from loved ones anywhere in the world. As companies’ interest in using our global network is growing, we are excited about the interest and demand for our services and look forward to working with Arsis to expand and facilitate access to our fintech solutions throughout Romania,” said Marius Dobrescu, Head of Sales MoneyGram for Southern Europe. In Romania, both incoming and outgoing money transfers have seen growth in recent years. According to the World Bank, in 2022, consumers abroad sent over $11 billion to the country as personal remittances. In 2021, customers in Romania sent over $642 million to friends and family worldwide. As one of the leaders in money transfer in Romania, MoneyGram continues to expand its physical presence in the region to better meet its customers’ needs and provide the most convenient and straightforward experience for cash money transfers. “We are confident that this collaboration will bring significant benefits to both our customers who walk through our doors every day and those who wish to send or receive money globally. We aim to strengthen and expand MoneyGram’s presence by offering high-quality services,” said Daniel Florea, General Manager of Arsis Trading SRL. The collaboration is already active, and MoneyGram services are available at all Arsis locations.
“Garden of Memories,” a civic initiative meant to commemorate the 1989 Revolution that led to the fall of communism in Romania, is set to take place between December 19-20 around the Memorial of Rebirth, in Bucharest’s Revolution Square. Organized by the Streets for People Association, together with the Bucharest City Hall and the Museum of […]
Runware, a startup founded by two Romanian entrepreneurs, announced last week that it has secured a USD 50 million Series A funding round led by Dawn Capital, one of the largest European investors in B2B software companies. The round also included Comcast Ventures, Speedinvest, Insight Partners, and a16z Speedrun. The company founded by Flaviu Rădulescu and […]
The body of Romanian former justice minister Rodica Stănoiu was exhumed on Monday, December 15, after prosecutors opened an in rem case regarding her suspicious death, Digi24 reported. Investigators are looking into the possibility that the former minister may have been killed through negligence. ...
Authorities in Romania have begun imposing fines for owners of bicycles and electric scooters who do not take out mandatory motor third-party liability insurance (RCA). The new rules have been applicable since November 13, but the Romanian Parliament granted a 30-day grace period until the application of sanctions, according to...
Art Safari will relocate to Amzei Square in central Bucharest in 2026, where it will operate under a new format titled Art Safari New Museum, following more than a decade of pop-up exhibitions hosted in historic buildings across the capital. After 12 years, 17 editions, and more than 1 million visitors, the exhibition platform will […]
In Romania, Christmas is more than holiday markets, decorated trees, and wrapped gifts. It's a season filled with old customs, lively rituals, and dishes that bring families together. One of the most popular Christmas traditions is caroling. Although traditions vary depending on the area, the ritual of going from house to house and singing carols […]
