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.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
