Romanian fintech Instant Factoring IFN to expand with EIF support
This agreement was facilitated by the InvestEU programme, which aims to trigger over €372 billion in additional investment over the period 2021-2027.
This agreement was facilitated by the InvestEU programme, which aims to trigger over €372 billion in additional investment over the period 2021-2027.
The amount of loans granted by non-banking financial institutions (NBFIs) in Romania reached a record level of almost RON 50 billion in 2023, after an annual advance of 13,9%.
Currently, the central office in Bucharest is home to 654 employees, the Timisoara office has 270 specialists and the Cluj-Napoca office has 124.
2024 brought a 5% increase in new car registrations and re-registrations, while registrations of imported used cars rose 11%.
The unit in Vernesti is part of the 5th phase of the Romania Eficienta program, supported by OMV Petrom with €7.6 million.
The study shows that data-related issues have caused 55% of the organizations to avoid certain Generative AI use cases.
Softeh Plus will move its headquarters in Timpuri Noi Square starting this spring.