About Softbinator Technologies
Softbinator Technologies is an R&D and consultancy company focused on solutions in fintech, edtech, healthtech, e-commerce, IoT, RPA, AI/robotics, and blockchain. Through its centers in Bucharest and Constanta, the company is serving customers from three continents Asia, Europe, and America.
Expert Collections containing Softbinator Technologies
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Softbinator Technologies is included in 1 Expert Collection, including Blockchain.
Companies in this collection build, apply, and analyze blockchain and cryptocurrency technologies for business or consumer use cases. Categories include blockchain infrastructure and development, crypto & DeFi, Web3, NFTs, gaming, supply chain, enterprise blockchain, and more.
Latest Softbinator Technologies News
Sep 6, 2023
06 September 2023 The shares of the group of IT companies Softbinator Technologies (BVB: CODE) plunged by 19% in the first trading hour at the Bucharest Stock Exchange on September 5 to end the day 17% lower than a day ago, Ziarul Financiar reported. On September 4, the company published the results for the first half of the year, which showed a 57% increase in turnover to RON 17.6 million but also a loss of RON 557,000 from a profit of RON 2.1 million in the same period last year. The company warns in its half-year report on the threats posed by the Government’s plans to phase out the tax allowances for employees in the IT sector. Ziarul Financiar puts Softbinator’s story in the context of the crisis faced by the IT industry – a context invoked by the industry associations to criticise the Government’s plans to eliminate the income tax waiver enjoyed by the IT sector employees. But Softbinator’s half-year report unveils another cause of its results (and of the industry’s decline). The company says that last year’s activity (and profit) was driven by M&A activity, while this year, the volume of funds pumped by investors in the sector diminished (and the companies returned to regular, mainstream activity). A larger IT group listed at Bucharest Exchange, Bittnet Systems (BVB: BNET), reported in August losses from operations despite double turnover. Its shares dropped by another 3.14% to reach the four-year’s lowest level. email@example.com
Softbinator Technologies Frequently Asked Questions (FAQ)
When was Softbinator Technologies founded?
Softbinator Technologies was founded in 2011.
Where is Softbinator Technologies's headquarters?
Softbinator Technologies's headquarters is located at 39-41 Nicolae Filipescu, Bucharest.
What is Softbinator Technologies's latest funding round?
Softbinator Technologies's latest funding round is Unattributed.
How much did Softbinator Technologies raise?
Softbinator Technologies raised a total of $3.39M.
Who are the investors of Softbinator Technologies?
Investors of Softbinator Technologies include Bittnet Systems.
Who are Softbinator Technologies's competitors?
Competitors of Softbinator Technologies include Bittnet Systems and 4 more.
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