FinTech startups in Romania
There are 404 FinTech startups in Romania which include SeedBlink, Bware Labs, Beez, Smart Bill, AmParcat. Out of these, 77 startups are funded, with 23 having secured Series A+ funding.
Over the past 10 years, an average of 23 new companies have been launched annually. Notably, several of these startups have been founded by alumni of INSEAD, University of Cambridge and University of Pennsylvania.
Here is the list of top FinTech startups in Romania
1. SeedBlink
Investment platform for individuals. It allows users to invest in pre-seed and seed-stage startups. It also allows start-ups to raise funds through investment from private investors. Offers tools to assist investors in assessing risks and the post-investment process. It also offers a secondary market, club membership, cap table, and ESOP with an all-in-one solution for founders and investors.
Key facts about SeedBlink
- Founded Year: 2019
- Location: Bucharest (Romania)
- Stage: Series A
- Total Funding till date: $4.89M
- Investors: Catalyst Romania and Gecad Ventures
- Latest Funding Round: Series A, Jul 08, 2021, $*****
- Tracxn Score: 67/100 What is this?
- Competitors Rank: 1 of 5 Competitors
2. Bware Labs
Decentralized infrastructure for enabling blockchain interfaces. It features integrated payment options. It provides Blockchain APIs for DApps development, Blockchain Validators for token liquidity, Uniswap Toolkit for setting limit orders, and more. It also provides Bware Token for analysis of tokens.
Key facts about Bware Labs
- Founded Year: 2020
- Location: Bucharest (Romania)
- Stage: Acquired
- Total Funding till date: $7.2M
- Investors: Ascensive Assets, 3 Chaps Capital and 32 Others
- Latest Funding Round: ICO, May 30, 2023, $*****
- Tracxn Score: 54/100 What is this?
- Competitors Rank: 105 of 4,147 Competitors
3. Beez
Provider of a POS lending platform for online shopping. It offers consumers to purchase online with EMI plans for multiple e-commerce providers. It provides installment payments for consumers.
Key facts about Beez
- Founded Year: 2016
- Location: Cluj napoca (Romania)
- Stage: Seed
- Total Funding till date: $311K
- Investors: ROCA Partners, Gapminder and 2 Others
- Latest Funding Round: Seed, Jun 13, 2019, $*****
- Tracxn Score: 51/100 What is this?
- Competitors Rank: 2 of 2 Competitors
4. Smart Bill
Smart Bill provides invoicing and inventory management software for SMBs. It is the market leader in Romania with more than 30000 customers. It processes more than 1 million bills per month and invoices worth 2+ billion Euro annually. Some basic features of this product include custom invoice templates, multiple currencies, integration, multiple companies, interactive dashboard etc.
Key facts about Smart Bill
- Founded Year: 2006
- Location: Sibiu (Romania)
- Stage: Acquired
- Total Funding till date: $1.1M
- Investors: Catalyst Romania, 3TS Capital Partners and 1 Other
- Latest Funding Round: Seed, Mar 09, 2016, $*****
- Tracxn Score: 47/100 What is this?
- Competitors Rank: 26 of 818 Competitors
5. AmParcat
App-based platform offering payment solutions for parking spaces. Their app enables users to make parking payments by card. Their app detects the parking street availability and the parking charges. Their app is available for iOS & Android devices.
Key facts about AmParcat
- Founded Year: 2016
- Location: Aricestii Rahtivani (Romania)
- Stage: Unfunded
- Tracxn Score: 46/100 What is this?
- Competitors Rank: 1 of 5 Competitors
