Helsinki-based tech company Wolt, has completed the acquisition of Tazz, a pioneer in Romania’s home delivery sector, from eMAG, CEE’s largest ecommerce platform. The deal marks Wolt’s entry into the Romanian market. Wolt was founded in 2014 and joined forces with Nasdaq-listed DoorDash (NASDAQ: DASH) in 2022. Together, the companies operate in over 30 countries today, 28 of which are with the
READ MORERomanian business services software startup FieldOS has secured a EUR 500000 investment by BCR Seed Starter, Romania’s first bank-led venture capital company (CVC), dedicated to equity investments in technology startups. FieldOS, an innovative platform that transforms the way organizations manage their employees, contractors, assets and locations, was brought to life in 2017 by Cristian Dragomir and Ion Gavrilescu. The two were inspired
READ MOREMoldovan fintech platform Fagura got the green light from Romania’s Financial Supervisory Authority (ASF) to start operations in the country of 20 million people. Key elements of this approval process included demonstrating a robust product and technology as well as a solid business plan for the medium and long term, proven risk assessment capabilities, establishing a legal entity in Romania, and committing
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