Eight out of ten (82%) Russians use some sort of fintech service making it the third most developed market in the world, according to a study by Ernst & Young.
FintechOS will use the fresh capital to continue its expansion across Europe, South East Asia and the US and maintain the 450% ARR recorded in 2019.
Hungary's 4iG has called off talks on buying the country's leading ICT company T-System, a subsidiary of Deutsche Telekom. Rumours the deal was falling through caused 4iG shares to plunge 10% before the news was confirmed.
RVC, the Russian state-owned fund of funds dedicated to innovation, and Russian Railways have teamed up to launch to two venture funds for industrial and digital investments, reports East-West Digital News.
Japanese group is expanding its business in Slovenia due to growing demand for industrial robots in Europe, Russia, the Middle East and Africa.
Salv's ambition to tackle financial crime should resonate well in Estonia and in the Baltic region, where a number of banks have been embroiled in money laundering scandals.
HUF1.2bn fine for misleading statements, is the biggest ever fine levied in a consumer protection case in Hungary.
Latest round of venture capital funding for startup that aims to internationalise job searches comes amid further tightening of labour markets across CEE.
Foreign owned companies generate three quarters of the revenues in Romania’s IT industry and drive the market up based on rising exports that account for 80% of the industry’s turnover, finds industry association ANIS.
The Russian TamTam messaging service got caught up in the London Bridge terror attack after Islamic State used the little known service to claim responsibility for the attack that claimed the lives of two Londoners.
International online retail giant Amazon is preparing to open a 210,000 sqm e-commerce logistics centre serving the whole European market in Gliwice, southern Poland, revealed industrial real estate company Panattoni, which built the facility.
RCS&RDS will start by using the Digital Cable Systems and AKTA Telecom networks, with the assets to be purchased later.
The number of Czech online banking users has soared by 266% compared to 2009, from 1.5mn, according to the Czech Statistics Office ́s (CSO) presentation from November 26. In the last five years, their number has increased by 1.8mn to 5.5mn, out of wh
New service centre to provide unified platform for the operation of all government bodies as Zagreb seeks to take more state services online.
Russia is in the global top 3 in terms of fintech services penetration, with 82% of Russians regularly using fintech solutions in 2019
UN official says: "Fundamentally, I don't think we’ve a very good sense of what's happening on the ground right now."
One of the largest Russian retailers Dixy Group will launch online grocery sales of its format Viktoria in 1H120, the CEO of the group Igor Pletnev told Vedomosti daily. Pletnev did not specify which is the marketplace the sales will be hosted on
Amid online blackout, death tolls as high as 200 suggested. UN alarmed at alleged use of live ammunition. State broadcaster praises web disconnection for denying foreign media content for stirring up anti-regime sentiment.
Russia’s largest bank and tech giant wannabe Sberbank followed up on previous announcements and signed a non-binding agreement to acquire stakes in holding companies that have shares in Mail.ru
The Slovakian Ministry of Economy has announced a subsidy scheme to promote the purchase of electric vehicles and increase their number on Slovakian roads next year.