A Comparative Analysis of the Fintech Ecosystems in Romania and Estonia

• Published in: Revista de Management Comparat International Vol. 23; no. 5; pp. 646 - 655
• Main Author: Grosu, Florin
• Format: Journal Article
• Language: English
• Published: Bucharest EDITURA ASE 01.12.2022; ASE Publishing House; Revista de Management Comparat International; Editura ASE
• Subjects: Bank technology; Blockchain; Collaboration; Comparative analysis; Coronaviruses; COVID-19; digital innovation; ecosystem; Environmental economics; Financial institutions; Financial services; fintech; GDP; Gross Domestic Product; ICT Information and Communications Technologies; Innovations; Medical research; National Economy; Pandemics; R&D; Regulation; Research & development; stakeholders; Startups; Teams; Europe; Romania; Estonia; stakeholders; ecosystem; regulation; digital innovation; fintech

Romania and Estonia both have young fintech ecosystems that are growing rapidly and closing the gap with the more developed ecosystem in Western Europe.Although Romania is larger both in terms of population and GDP, the Romanian fintech ecosystem is almost 4 times smaller than the Estonian one. In t...