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Romania

WFY’24: The year ‘2024 will most likely be another...

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 launches factoring operations on Romanian market

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


Instant Factoring expands its funding to €7.5m from AGC

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


Instant Factoring to expand support for Romanian micro and...

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


Vista Bank Romania enters factoring market

In order to diversify the working capital solutions provided to mid and large companies, Vista Bank extended its offer with…

#acquisition#bank#banks


WFY’23: Romanian market expected to grow by 10% in...

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 launches digital supply chain financing

Omnicredit, a Romanian fintech that provides online factoring and invoice finance solutions... (more…)

#Omnicredit#supply chain finance


Romania’s Instant Factoring receives funds for international expansion

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


Impact of the conflict in Ukraine on the Romanian...

The war in Ukraine is getting close to the one-year milestone... (more…)

#Bogdan Rosu


IFC expands green finance for SMEs in Bulgaria, Croatia,...

A new investment will help expand access to climate finance, supporting small and medium enterprises (SMEs), while bolstering the banking…

#bank#emerging markets#management


Romanian factoring market up 31.6% in six months of...

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: Romanian manufacturing industries affected by the crisis

Instant Factoring, a Romanian micro-financing fintech for small and medium-sized companies, revealed (more…)

#Instant Factoring

Romanian fintech attracts €2m funding to develop factoring service...

Omnicredit, a Romanian fintech platform that offers 100% online factoring and discounting... (more…)

#funding#investment#Omnicredit

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