SelfPay, Romania's self-service payment station market leader, posted a net profit of RON 32.2 million in 2024, three times higher than the figure reported for the previous year.
Catalyst Romania led the funding round, with participation from SeedBlink and other private investors.
The results for 2024 confirm customers' trust in the safety and attractiveness of the products offered by Raiffeisen Bank in Romania.
Through this initiative, the bank aims to promote mid-term saving habits and support customers in achieving their financial goals with a convenient and fully online offer.
This acquisition marks the third transaction for Morphosis, having committed to deploy over 30% of the Fund's investable capital within the first 7 months of its first closing.
With 138 deal announcements in 2024, Romania has seen a 6% increase in deal volume from the previous year.
A similar level of the instalment/wage ratio was registered in 2022, when the average instalment for a mortgage loan granted in Bucharest held a percentage of 44%.
Now in its fifth edition, the report expands its scope to the entire region, gathering data from 22 countries.
NN recorded solid financial results across all business lines in 2024, continuing to ensure financial strength and stability, operational efficiency and digital transformation.
The Series A investment is led by True Ventures, a venture capital fund from Silicon Valley, with the participation of Early Game and Play Ventures.
Only 11.4% of respondents believe they managed to save enough in 2024 to meet their financial needs and expectations.
Freedom24 aims to increase its Romanian client base by 200% in 2025, targeting from first-time investors to experienced traders.
ING Bank Romania's revenues reached RON 3.8 billion in 2024, up 13% compared to 2023, and the value of the bank's total assets increased to RON 78 billion, up 9%.
Annual inflation rate will fluctuate sharply in the first semester of 2025 and in the second semester it will decrease on a higher trajectory than in the previous projection.
The INVL Private Equity Fund II has received strong backing from both existing and new investors, forming an exceptional investor base.
Government representatives have participated in a series of consultations with Romania's international financial partners to analyze latest financial and economic developments.
In 2022, Romania recorded the highest VAT collection deficit in the European Union (EU), losing 30.6% of VAT revenues. However, this percentage is 4.2% lower compared to 2021.
According to a study conducted by Raiffeisen Bank in collaboration with Appinio, a global market research company, 55% of Romanians who are in a relationship mark these days.
AI and blockchain technology are having a growing impact on the FinTech industry, with digital payments and e-wallets expanding, according to experts at Money Motion 2025.
In 4Q24, net revenues reached €5.6 billion, of which €2 billion of fees with a remarkable 8.9% year-on-year growth.
Through its second fund, Morphosis Capital aims to make between 9 and 10 investments, each with an investment ticket ranging from €10 to €15 million.
Existing investors reinvest to support continued innovation and expansion.
The offer and the stock market debut of Green Tech International on the Regulated Market were carried out with the support of Swiss Capital S.A.
Nusco recorded an oversubscription from the market - even in an uncertain economic context - and successfully closed the bond issuance launched at the end of last year.
Public telecom company Digi Communications has secured substantial financing facilities to bolster its operations.
Carrefour Romania has announced the appointment of Anne-Sophie Bauwens as its new CFO and Member of the Executive Committee.
Romania's unemployment rate at the end of February 2025 was 3.37%, a decrease of 0.01 percentage points compared to the previous month.
Romania's Ministry of Finance successfully raised RON 75 million (€15 million) from commercial banks on Friday.
Electrica saw a net profit of RON 376.5 million (€75.5 million) in 2024, down 39.3% compared to 2023, while its operating revenues totaled RON 10.87 billion (€2.1 billion).