Tagged: romania

Tech Accelerator FintechOS Raises €1.1 Million Post Seed, Plans A Round Before End of Year

FintechOS, an early stage company that seeks to accelerate the digital transformation of financial institutions, has raised €1.1 million in a post-seed round. The funding was led by GapMinder VC, with the participation of LAUNCHub Ventures, Gecad Ventures, and other private investors. Total funding to… Read More

Romanian Central Banker: Cryptocurrencies Cannot Replace State Currencies, Europe Must Strengthen Capital Markets

Daniel Daianu, a member of the Romanian National Bank (BNR)’s Administration Council, told attendees at a conference this week that cryptocurrencies are in fact, “financial assets” that cannot be used as central bank currencies, Business Review reports: “In my opinion, these are financial assets, not… Read More

Prolific Romanian Cryptojackers, ID Thieves and Fraudsters Convicted in Ohio

Two of three Romanian cybercriminals who targeted American citizens and businesses from abroad in elaborate cybercrime schemes initiated in 2007 have been convicted in Ohio. Bogdan Nicolescu, 36, and Radu Miclaus, 37, will be sentenced August 14th after being found guilty of 21 counts of… Read More

Wirecard Partners With Oney to Implement Biometric Payment System in Romania

Germany-based global provider of digital payments and commerce solutions Wirecard announced last week it has teamed up with Oney, the banking and financial arm of Auchan Retail Romania, to implement Well.com, a mobile app in Romania, which allows biometric authentication payment by fingerprint. According to Wirecard, Well.com allows users to… Read More

European Crowdfunding Service Provider Regime Eagerly Awaited in Europe

The European Parliament Elections are looming in May – and so far, there is no progress in sight regarding the European Crowdfunding Service Provider Regime. It remains unclear whether the Romanian Finance Minister TEODOROVICI will make the conclusion of the negotiation process a priority. The… Read More

More Details Surface on the Extradition of Romanian Crypto Exchange Operator to US

A Romanian citizen arrested last week by local cyber police and American Secret Service agents has been released on bail in the city of Cluj where he runs one of the region’s largest crypto exchanges. The agents flew to Romania to seek the arrest and… Read More

Finastra Opens New Office in Romania

UK-based fintech Finastra announced last week it has opened a new office in Bucharest, Romania. According to Finastra, the new site hosts more than 550 employees and contractors. It is located in the brand new Orhideea Towers in the business district of Bucharest. The move offers… Read More

Crowdfunding Mailbox: Bike Cabs for Melbourne, Nomadix Towell & CyberGhost VPN

There is a growing amount of overlap between rewards based and investment based crowdfunding. A growing number of small companies are using crowdfunding to promote and boost their business.  Or to simply test a new product.  Of course there is an increasing amount of startups… Read More

Crowdfunding Mailbox: FaceRig, Biiwatch Remote Selfies & Tools Against Alzheimers

Happy Holidays to all of our visitors from Crowdfund Insider.  With all of the parties and family events going on this week and next we still find time to read about all of the many fascinating crowdfunding campaigns going on this busy time of year…. Read More

Life Sized Lego Car Powered by Air and Paid for by Crowdfunding

The Super Awesome Micro Project is a basically a car built out of Lego.  With the exception of the wheels and a few load bearing elements the entire car, which has a top speed of about 20 to 30 KMh, has been constructed with Lego…. Read More

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