We did not identify any reservations with respect to the social and political climate towards online-pawning.
The entities providing online-pawning services must register with the Evidence Register of the National Bank of Romania. The registration process is a straight forward exercise, as there are only a number of documents, especially regarding the shareholders, to be provided. There are no share capital requirements, save for the general requirements provided by the companies’ law, and the registration is free of charge.
We did not identify any information regarding the size of the market of the online-pawning services in Romania, however there are numerous entities providing pawning services online.