The domestic fintech sector in Hungary has continued to grow, with the number of active fintechs increasing to 175 in 2022, employing nearly 9,000 people, with a significant increase in revenue and improved profitability, according to the Fintech and Digitalization Report by the National Bank of Hungary (MNB). The sector appears to be entering a […]

The National Bank of Hungary (MNB) has published its FinTech strategy entitled ‘Financial innovation and stability’ at a conference held with the participation of the representatives of Hungarian FinTech companies. The key objective of the first central bank FinTech strategy in the region is to facilitate the spread of competitive and innovative services in Hungary, […]