Independent market projections indicate that total digital payments in Romania could climb to nearly $93.5 billion by 2030, growing at a compound annual rate of just over 20%. This growth is opening new opportunities for startups developing payment gateways, embedded finance solutions, and merchant tools designed to support an increasingly digital SME sector.
The Recursive spoke with a couple of regional investors to nominate fintech startups worth watching.
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FilmChain
About: Provides digital Collection Account Management services for the screen industries, collecting and allocating revenues transparently and efficiently. Features include a royalties management system for digital distributors, broadcasters, and studios.
Founders: Irina Albita, Maria Tanjala
Latest round: €2.55M
Stage: Growth
Investors: The Holt Xchange, DeBa Ventures, HearstLab, ROCA X, TechAngels Romania
Total funding: ~ €3M
Finqware
About: European fintech infrastructure provider and licensed Payment Institution offering an Open Banking-based Treasury Management Automation platform for CFOs and finance teams of multi-entity, cross-border organisations and financial institutions.
Founders: Cosmin Cosma, Danut-Ovidiu Covalciuc, Dumitru T.
Latest round: €2.72M
Stage: Growth
Investors: SevenX Ventures, Elevator Ventures, GapMinder Venture Partners
Total funding: €3.83M
Lendox
About: A Credit Intelligence Service leverages advanced AI and proprietary models to enhance credit risk assessment for corporate and SME clients, improving portfolio quality and identifying default or fraud risks by analyzing over 12,000 alternative data points.
Founders: Cosmin Curticapean, Sebastian Presecan, Mihai Grosu
Latest round: €719K
Stage: Seed
Investors: ROCA X
Total funding: €1.53M
Symphopay
About: Payments orchestration platform that integrates bank systems, enabling merchants and banks to utilize payments as a business tool for customer engagement and cost optimization.
Founders: Daniel Nicolescu, Sebastian Ionita
Latest round: N/A
Stage: Seed
Investors: Early Game Ventures
Total funding: €1.19M
Vestinda
About: A community-driven ecosystem enables users to build diversified and automated trading strategies across multiple asset classes and brokers. Features include backtesting, demo trading, live trading, and access to expert-created strategies, all secured with bank-grade encryption and two-factor authentication.
Founders: Alin Breaban, Diana Drajneanu
Latest round: €411K
Stage: Seed
Investors: Techstars, dpixel
Total funding: €692K
