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 exhibition RomanIa – Identity representation of traditional dress in art, currently on view at the National Museum of Art of Romania (MNAR), gathers a variety of artistic representations of the traditional blouse ia, from painting and sculpture, to drawing, photography, installation, film, music, posters, fashion, books, albums, and more. It includes works by Henri […]
Over 136,000 non-EU citizens held residence permits for employment in Romania at the end of August this year, most of them coming from Nepal, Sri Lanka, Turkey, Moldova, and India, and two out of three immigrants live in Bucharest, Ilfov, Constanța, Timiș, and Cluj, according to a study conducted by the Economic and Social Council. […]
Romanian prosecutors conducted house searches in 12 locations in Bucharest and two in Târgu Mureș on Wednesday, November 26, in a case targeting former employees of bankrupt insurer Euroins. Specifically, the searches targeted 10 individuals who held executive management positions within Euroins, as well as the headquarters of legal entities controlled by the Bulgarian shareholders […]
Prices in Bucharest’s premium residential market have doubled over the past few years, reaching record highs amid a severe shortage of supply in the city’s most exclusive neighborhoods, Cushman & Wakefield Echinox said. Areas such as Primăverii, Kiseleff, Aviatorilor, and Dorobanți continue to dominate demand. Over the past 2 or 3 years, prices for premium […]
The Romanian Consulate in New York shared on social media the story of George Pomuț (George Pomutz, born Gheorghe Pomuț), the Romanian-American who facilitated the sale of Alaska to the US. Despite his role in US history, the Romanian is largely unknown today, the Consulate noted. Pomuț was born in the Hungarian town of Gyula, […]
Shares of Cris-Tim Family Holding (BVB: CFH) began trading on the Bucharest Stock Exchange on November 26 after an IPO worth RON 454.35 million (EUR 89.3 million) conducted last month. Cris-Tim is now the largest entrepreneurial company in the food sector on the BVB Main Market. The funds raised from institutional and over 8,000 retail […]
