Romania Ripe for Fintech Revolution
(WorldNews Switzerland)

Although still in early stage compared to nearby countries such as Poland, the Czech Republic, and Austria, the Romanian fintech industry is poised to take off as consumer demand for fintech solutions and digital banking increases, according to experts and industry observers. In countries like Romania, where bank commissions have been among the largest in the region, the prospects for fintechs and banks that offer cheaper alternative digital services for younger generations are very promising, says a Saxo Bank study. “Romania is poised for deep fintech disruption due to the fundamental discrepancies between the old banking systems and the advanced fintech technologies being developed...