Lithuanian fintech platform Paysera launches in Romania

Anca Alexe 16/07/2019 | 15:56

Paysera, a Lithuanian fintech platform providing free bank accounts in over 30 currencies at once and low-fee money transfers to any country in the world, is now available for Romanian customers.

Paysera was launched in 2004 and has been regulated by the Bank of Lithuania since 2011. In 2012, it obtained a license to issue electronic currency.

The company says that businesses and individuals will have some of the best FX exchange rates on the market for a wide range of currencies and can perform international transfers such as euro transfers within the EEA for only EUR 0.15 for companies, while transfers for individuals will be free of charge.

Individuals and businesses in Romania will be able to open account in foreign currency fully online, without visiting a branch, filling in documents and paying any fees for account opening and management. With the internet and mobile banking, users will not only be able to perform transfers faster, but also manage their day-to-day operations more conveniently.

Paysera offers a wide range of payment solutions including a multi-currency account, online currency exchange, local and international transfers, payment gateway, payment card, online event ticketing system, offline payments with QR codes, mobile wallet, mass payments and other.

Paysera operates in 184 countries all over the world, has local branches in 6 European countries and a network of 50 partner banks. In 2018, nearly 400,000 customers made over 1.9 million transfers via the Paysera platform, worth nearly EUR 3.9 billion.