UniCredit Bank has entered into a partnership with the Romanian Fintech Association (RoFintech), an organisation made up of companies founded by Romanian entrepreneurs that develop innovative technological solutions in the financial field in order to support its Romanian fintech members."The partnership with the Romanian Fintech Association follows two main directions. On the one hand, UniCredit Bank supports the Romanian fintech members of this organisation to develop faster and grow. On the other hand, by collaborating with fintech startups, banks can be one step ahead of customer changes and preferences, adapting their offers and services much faster," UniCredit Bank Retail Executive Vice President Antoaneta Curteanu is quoted as saying in a press statement released by the bank on Thursday.According to the chairman of the Romanian Fintech Association, Cosmin Cosma, this partnership is an important step towards the integration of fintech solutions in the traditional banking sector in Romania. "Collaborating with a renowned bank, such as UniCredit, gives our fintechs access to valuable resources and development opportunities, while strengthening Romania's position as a regional hub for financial innovation," said Cosma.By capitalising on digital opportunities, UniCredit Bank is said to offer fast and efficient solutions that anticipate and respond to the needs of its customers.The Romanian Fintech Association (RoFintech) is a non-profit organisation that supports and promotes the fintech industry in Romania, bringing together companies and professionals in the field in a collaborative framework for continuous development and innovation.Established in early 2020, RoFintech today has over 45 members and support partners and is actively involved in promoting partnerships between commercial banks, technology companies and authorities. RoFintech is also a founding member of the European Digital Finance Association (EDFA), which brings together Europe's most important fintech associations and hubs.
The Freedom and Respect for Every Earthling association will hold the March for Animal Rights in Bucharest on October 4, to mark International Animal Day. The march will start at 11 AM at the National Theater Park, and will go on to Piața Victoriei. Organizers say they aim to bring to the forefront the suffering […]
Several Israeli citizens got into a fight on a plane flying from Israel to Bucharest on Monday, September 15. Upon landing, Romanian police issued several fines. The scandal reportedly broke out for religious reasons. The argument involved roughly 30 passengers of the flight from Tel Aviv to Bucharest. At one point, seven passengers started to […]
Only 145 companies in Romania, out of more than 800,000 active businesses, managed to grow their revenues and remain profitable every year between 2008 and 2024, according to an analysis published by business intelligence platform Termene.ro. The study found that these firms, representing just one in every 5,500 companies (or 0.02% of the total), generated […]
The secretary-general of the Organization for Economic Cooperation and Development, or OECD, Mathias Cormann, was on a visit to Romania on Monday, September 15. The representative had talks with president Nicusor Dan and prime minister Ilie Bolojan, after which he said that Romania may succeed in joining the organization in 2026. Founded in 1961, the […]
Romania’s anti-corruption prosecutors have indicted Timișoara Airport’s former general manager Iulian Daniel Idolu and five board members on charges of abuse of office, alleging they illegally extended Idolu’s mandate without a competitive selection process. The National Anti-Corruption Directorate (DNA) said Iulian Daniel Idolu, who served as general manager of “Traian Vuia” Timișoara...
Romanian car rental company Klass Wagen said that it launched the Autozentrum brand and opened its first subsidiary in Germany, becoming the first Romanian company to sell used cars on the German market. The move marks the beginning of the Klass Wagen Autozentrum European network, through which the group intends to sell used cars directly […]
