Southeast Europe / Tech

Southeast Europe's first P2P lending platform launched in Moldova

bne IntelliNews May 21, 2019

Fagura Marketplace is a credit market based on P2P lending technology, where people looking for loans at a lower percentage than the financial market meet with investors.

Hyundai signs €80mn partnership deal with Croatia's Rimac Automobili

bne IntelliNews May 14, 2019

Rimac has grabbed the attention of international carmakers as the industry focus shifts towards electric vehicles.

Falling smartphone sales drag down home electronics sector in Romania

Iulian Ernst in Bucharest May 9, 2019

Sales of electro-IT goods down 1.7% in 1Q19, finds GfK study, despite "crazy growth" of phablet sales as Romanians switch to larger-screen mobile devices.

Yaskawa opens €25mn robot factory in Slovenia

bne IntelliNews May 7, 2019

Japanese tech group set up robot factory and development centre to meet sharply rising European demand for industrial robots as labour market squeeze deepens.

UiPath raises $568mn in new funding round sending valuation to $7bn

bne IntelliNews May 1, 2019

Bucharest-born tech unicorn brings in new investors in funding round led by hedge fund Coatue that makes it one of the world's most valuable AI enterprise software companies.