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Allevo provides software solutions that help financial institutions operate, process payments and comply with European and local standards and regulations. Allevo differentiates by quality of support services, ensuring timely intervention.
- Founded in: 1998
- Headquarters: Bucharest, Romania
- Employees: 50
- Annual turnover: €1.5m
Allevo started in financial services by connecting Romania’s top 6 banks, including the Ministry of Public Finance, to the Electronic Payment System back in 2003-2004. The software comprises several business features, including accounting reconciliation, cash management and compliance.
Adopting European regulations has allowed Moldovan banks to better position themselves in the wider financial services market. Allevo is eager to continue serving them with solutions tailored to fit their needs. The customer intimate strategy, the open-source business model and the use of the Romanian language have helped Allevo become one of the preferred suppliers to Moldovan banks.
How the trade agreement with Moldova helps
EU companies operating in Moldova are now treated like Moldovan companies, making it easier for them to operate.
Moldova now bases most of its financial regulation on the EU model, simplifying the sale of EU services.
We at Allevo are happy that due to better trade relations between Moldova and the EU, we are now able to share more than just language, folklore and traditions with our neighbours. We do better business and we help each other address common issues and opportunities. We believe good bilateral relations will lead to growth in the economies of both Moldova and the EU, to the benefit of the people.
Managing Partner, Business Development, Allevo