Brief history

The Romanian Fintech Association - RoFintech - was established in January 2020 as a professional entrepreneurial association to represent the interests of Romanian-founded enterprises that are developing proprietary technological solutions.

Enabling Growth for Romanian Fintechs

Our activities have an impact in three key areas, all designed to streamline processes and foster the growth of our member fintech companies:

Market

Corporate Partnerships
Regulatory Framework
Internationalization

Capital

Fintech Investors Directory
Updates on grant opportunities

Talent

Market education on Fintech
Shared job board Community events

Representing the Interests
of Romanian Fintechs

We strive to create a powerful community and we’re ready to share with our members all our knowledge and tools to empower them to make more informed decisions and grow faster and stronger.

The Values that
Guide Us

RoFintech has been founded to advocate for the interests of Romanian fintech companies engaged in developing their own technological products. Our core values of inclusivity, transparency, and support drive us to expand our network and encompass a growing number of companies. By joining forces, we can not only foster the growth of the Romanian fintech market but also help establish a prominent presence for our members in international markets.

Straightforward
objectives

RoFintech has been founded to advocate for the interests of Romanian fintech companies engaged in developing their own technological products. Our core values of inclusivity, transparency, and support drive us to expand our network and encompass a growing number of companies. By joining forces, we can not only foster the growth of the Romanian fintech market but also help establish a prominent presence for our members in international markets.

Tools to Succeed in Fintech

We aim to equip our members with the proper tools to succeed in a global industry worth close to €1.5 trillion, as estimated by BCG

Our first goal
is to enhance the integration of digital technology and entrepreneurship within financial services, increasing their reach and impact.
The second one
is to broaden the offline and online platforms that enable fintech companies to operate on an international scale.
And third,
we strive to educate and expand the market and the community of fintech startups and experts, fostering growth and knowledge-sharing within the industry.

Team

Our team is ready to add value to the growth process of our members, leveraging the collective expertise of market leaders within the Romanian fintech industry.

We are committed to fostering a robust community and serve as the ultimate resource for comprehensive marketplace information.

“Romania has the potential to leapfrog in the fintech innovation space and provide a European benchmark for the impact that technology can bring to make the world of money a better place. Being the President of the Board of the Romanian Fintech Association, a position that gives me the opportunity to have an active role in making things happen in this concern.”

Cosmin Cosma

President of the Board

Co-founder & CEO, Finqware

Tudor Darie

Board Member

CEO Fagura

“Being in the technology sector for almost 20 years I have seen how Romania has recently started to be the architect of its own ideas and nurture a new fintech ecosystem that can design and produce signature value like never before. It is an exciting, proud momentum and Rofintech is writing history, while Rofintech is all of us, working together.”

“Alone we are strong, together we are stronger.” – anonymous

Ana-Maria Georgescu

Board Member

Co-founder Smart Fintech

“As part of the Romanian Fintech Association board I have the opportunity to support and nurture the fintech industry and especially the insurtech vertical in Romania. I think it is amazing to be part of this process and together with the other board members and the entire Rofintech community to represent the Romanian fintech industry in front of the relevant stakeholders: regulators, authorities, and other partner associations. In this way, we facilitate the development and implementation of innovation in Romania.”

Dan Cobeanu

Board Member

Founder & CEO, PayPact

“After years abroad in the field of fraud detection in card transactions and peer-to-peer lending, I decided to take advantage of the emerging fintech industry opportunities in my home country and in Europe and thus founded Lendrise and Rofintech together with other local and enthusiastic entrepreneurs. It wasn’t an easy decision, but I don’t regret anything. Not yet.”

Nic Bălăceanu

Board Member

Founder & CEO, Landrise

Mădălina Sumedrea

Project Manager

RoFintech

Adrian Drinceanu

Project Manager

RoFintech

International Representation

RoFintech is a founding member of the European Digital Finance Association (EDFA), a pan-European organization representing fintech companies in their interactions with EU institutions.