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Romania’s GDP grew by 2.1 per cent in 2023, due to a 6.5 per cent increase in investments, which were the main driver of growth, based largely on the opportunities offered by the EU Recovery and Resilience funds (local PNRR)....
#Alecsandra Valasuteanu#Romanian factoring#Unicredit
FactorPay IFN SA (FactorPay), a Romanian-based non-bank financial institution, has launched its factoring operations for local micro-small and medium sized…
#bank#financial institution#invoice
Advance Global Capital Ltd (AGC) has announced the increase in its credit facility to Instant Factoring to €7.5m. This decision…
#Advance Global Capital#Cristian Ionescu#factoring
The European Investment Fund (EIF) signed a RON 5m (€1m) subordinated loan agreement with Romania-based fintech Instant Factoring IFN to help…
#EIF#European Investment Fund
In order to diversify the working capital solutions provided to mid and large companies, Vista Bank extended its offer with…
#acquisition#bank#banks
Following 2021, a year in which the business environment had to face serious challenges, with Covid-19 specific effects in the…
#Bogdan Rosu#Romanian Factoring Association
Omnicredit, a Romanian fintech that provides online factoring and invoice finance solutions... (more…)
#Omnicredit#supply chain finance
Filip & Company law firm assisted the Romanian micro-financing fintech for small companies Instant Factoring, in obtaining €600,000 financing from several…
#Instant Factoring#Micro Finance Institutions
The war in Ukraine is getting close to the one-year milestone... (more…)
#Bogdan Rosu
A new investment will help expand access to climate finance, supporting small and medium enterprises (SMEs), while bolstering the banking…
#bank#emerging markets#management
In the middle of every year, the Romanian Factoring Association (ARF) conducts a market study*. The results of this study…
#import factoring#Romanian Factoring Association
Instant Factoring, a Romanian micro-financing fintech for small and medium-sized companies, revealed (more…)
#Instant Factoring
Omnicredit, a Romanian fintech platform that offers 100% online factoring and discounting... (more…)
#funding#investment#Omnicredit