TBI Bank is joining the Romanian Fintech Association (RoFin.Tech) to support the development of innovation in start-ups and corporations, while also contributing to the digital transformation of the Romanian financial sector.
"Both start-ups and corporations need access to strategic consulting, legal professionals, a secure environment to test and experiment with, partnerships and more to benefit from the best opportunities. TBI Bank, the leader on the Buy Now, Pay Later (BNPL) segment, has joined forces with RoFin Tech, the most important fintech association in Romania, to support companies across the country. This partnership contributes to the digital transformationn of the Romanian financial sector, with a positive impact on the economy and society in general," reads a press statement released on Thursday by the bank.
Romanian Fintech Association - RoFin. Tech was established with the main purpose of representing the interests of Romanian technology companies that build patented technological products. The main objectives of RoFin. Tech are an increase of the digital environment, of technology and entrepreneurship in the financial services and the creation and development of off-line and on-line channels necessary for the Romanian fintech companies to expand their operations at international level.
RoFin. Tech is also a founding member of the European Digital Finance Association (EDFA), a European Union (EU) association that represents fintech companies across the European Union in their interactions with EU institutions.
TBI Bank is an inclusive lender that caters to consumers, merchants and SMEs, offering additional financing and integrated services through a wide network of "phygital" channels and platforms. It currently operates in Bulgaria, Romania, Germany, Lithuania and Greece.
TBI Bank is part of 4finance, one of the largest European groups of digital consumer credit solutions. Through a variety of digital channels, its own network of 300 branches and trusted partnerships with nearly 13,000 small and large retailers and retailers, TBI has a portfolio of 2 million customers in 2021 and has provided nearly 500,000 loans.
The Romanian Fintech Association was established in January 2020 and currently brings together 21 members representing start-ups and scale-ups in the financial technology industry (fintech), Agerpres informs.