Innova Capital will promote cashless payments in Romania, a country with a strong preference for physical money, with payment services provider Netopia Group, senior partner Krzysztof Kulig told PE Hub Europe.
Netopia, headquartered in Bucharest, offers SMS, card and mobile payment products. Innova announced the acquisition of a majority stake in the company, the first transaction from Innova/7 fund, in late May.
