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The Polish Luxury Goods Market Surpasses Inflation, Valued at Over 42 Billion PLN in 2023

Despite a decline in the incomes of...

Deloitte: Poland enters the phase of economic expansion

The divergence of economic moods in Poland...

Two Years On: War in Ukraine and Its Global Impact

On February 24, 2022, a full-scale Russian...

Tag: FinTech

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Ailleron Group’s Financial Performance in Q1 2024: A Stable Outlook Amid Currency Strength and Market Fluctuations

In Q1 2024, Ailleron Group recorded stable consolidated revenues of PLN 106.7 million, a 3% decrease year-over-year. This decline was significantly influenced by...

Software Mind Optimistic About 2024 Despite IT Industry Challenges

Software Mind, part of the Ailleron Group, is gearing up for further acquisitions and the expansion of its offerings in key strategic markets. The...

VeloBank Secures PLN 700 Million Recapitalization from Cerberus Capital Management Subsidiary

VeloBank has secured an investor, a subsidiary of the Cerberus Capital Management, L.P. fund based in New York, which will recapitalize the bank in...

OTB Ventures raises 750 million PLN for second deeptech fund. NATO among investors

Originating from Poland, OTB Fund 2 closed at PLN 750 million ($185 million) — significantly above the originally planned size, making it the...

Software Mind Acquires Prosoft LLC, Strengthens Ailleron’s US Presence, Triggers Analyst Buy Recommendation (26 PLN Target)

Software Mind, a subsidiary of the Ailleron Group, has announced the completion of the acquisition of the American company Prosoft LLC. This $40.6 million...

In 2023, mPay’s revenues increased by 33.2%, and TTV by 141%

mPay, the leading Polish digital payment app, is on a growth trajectory. The revenues reached PLN 36.34 million in 2023, reflecting an increase...

XTB Makes Investing in Foreign Markets Even Easier with Internal Currency Exchange

On Tuesday, March 12, XTB, a Polish fintech, enabled investors to exchange currencies between their accounts. This is another innovation that will make investing...

XTB Aims Big in 2024: Virtual Wallet, Multi-Currency Card Signal Global Ambitions

Polish fintech XTB has announced its product plans for 2024. These are very ambitious and indicate that the Poles want to compete with global...

Insurance Experts Predict Increased Demand for Cyber Risk Policies in 2024

Cyber risk has ranked third on the list of the most significant threats to businesses in Poland, up from 18th place just 2...
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