NETOPIA celebrates this year two decades of innovation, vision, and trust. Concurrently, the company unveiled its new leadership team following the acquisition of the majority stake by Innova Capital. With twenty years of experience and a forward-looking vision, NETOPIA Group marks this milestone with a heightened commitment to innovation and excellence in delivering impeccable services for the e-commerce industry. Since its inception in 2003, NETOPIA has solidified its position as a market leader in providing electronic payment solutions and digital marketing services for a diverse range of clients and industries. With a rich history, NETOPIA has introduced innovations such as SMS payments, online credit card payments, and the MobilPay Wallet digital wallet, facilitating millions of transactions and significantly contributing to the development of Romania's electronic payment industry. With a constant focus on security and innovation, NETOPIA has become a reliable partner for both merchants and consumers, continuing to open new opportunities in the e-commerce market. In May of this year, NETOPIA announced a significant milestone in its journey with the sale of the majority stake to Innova Capital, one of the leading private equity firm in Central and Eastern Europe. This strategic move opens new horizons for the NETOPIA Group and brings new leaders into the fold. The new supervisory board of the company will be comprised of Krzysztof Kulig, Senior Partner at Innova, Anna Zientkiewicz, Innova's Director, and Antonio Éram (founder of NETOPIA Group), who will transition from his CEO role to oversee the global strategy of the NETOPIA Group. In the management board, Felix Crisan (co-founder of NETOPIA Group) assumes the role of CEO, transitioning from his previous position as CTO. Delia Paceagiu, formerly the Legal and Compliance Director, takes on the role of COO, while Horia Grozea, the current Sales and Business Development Director, expands his role within the organization. "In the past 20 years we have built a trustworthy partnership for more than 25.000 companies that use our services each day. While we celebrate this important moment we prepare for new opportunities, together with Innova Capital. We have the necessary experience to start developing a new chapter focused on growth, having innovation as the main catalyst for all of our projects " stated Antonio Éram, the founder of NETOPIA Group. Krzysztof Kulig, Senior Partner at Innova, added, "NETOPIA has a rich and impressive history. We are excited to collaborate with this exceptional team and contribute to their future success." Currently, NETOPIA Group offers a diversified range of electronic payment solutions and related services to over 25,000 merchants, with a strong emphasis on SMEs. Through the NETOPIA Payments platform, the company processes 25% of online card transactions in the local market annually. The mobilPay Wallet app, Romania's first multifunctional digital wallet, facilitates payments at thousands of online and offline locations. About NETOPIA Group NETOPIA is a group of Romanian companies founded in 2003, including NETOPIA Payments, mobilPay Wallet, web2sms, and Kartela services. NETOPIA Payments is the most widely used online payment processing platform in Romania, and Web2SMS is one of the most commonly used platforms for SMS digital marketing services. Currently, over 25,000 businesses in the e-commerce industry use NETOPIA Group's services and solutions for mobile payments, online card transactions, SMS marketing, and mobile phone card top-ups. About Innova Capital Innova Capital is an independent private equity adviser operating from Poland and investing in majority buyouts in mid-sized enterprises doing business in Central and Eastern Europe. Since its inception in 1994, Innova Capital has invested close to EUR 1.4 billion in almost 70 companies across 10 countries in the region. Innova was recognised by the Polish Private Equity and Venture Capital Association (PSIK) as PE Management Firm of the Year 2023.
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