Fintech hub KOOP launches in Bucharest

Istanbul-based KOOP, the fintech hub, has launched operations in Bucharest. The hub in Romania will be operated in partnership with FO DIGI CAP, an independent advisory firm. Commons will offer coworking and venues for the KOOP activities in the Romanian capital.

Since its inception in September 2017, KOOP has delivered community building programs on four main program verticals that are Blockchain, Open Banking, Wealthtech and Insurtech. Four industry summits, six banking roundtables, ten meetups, two international fintech tours and workshops are among those community activities.

Demet Zubeyiroglu, co-founder and managing director of KOOP, said: “Romania is one of the largest markets in the Eastern Europe. The country may largely benefit from fintech, financial inclusion programs and disruptive technologies such as blockchain and AI. We look forward to supporting the local ecosystem and developing bridges of cross-country collaboration.”