TOKEN Payment Services (TOKEN), Token Financial Technologies (TOKEN), provider of digital payment solutions, part of the Koç Group, Turkey’s largest private holding company, and fintech company authorised by the National Bank of Romania as payment institution, appoints Raluca Micu, seasoned professional within the financial and payments segment with a demonstrated track record at Romania’s Central Bank, as Deputy General Manager.
“I am delighted to announce the appointment of Raluca Micu as Deputy General Manager of TOKEN Romania. Her extensive expertise in financial operations and strategic leadership will be instrumental in driving our mission to deliver innovative digital payment solutions and enhance our market presence in Romania,” said Burak Yildiran, CEO TOKEN Financial Technologies Romania.
Within her extensive 15 years career at Romania’s Central Bank, Raluca Micu played a leading part in adapting and implementing EU directives related to payments into local legislation, developing and implementing risk management strategies to ensure the safety and efficiency of payment instruments, as well as developing and managing the Fintech Innovation HUB.
She was also in charge with managing the team responsible for supervising payment service providers to ensure compliance with regulations (PSD2, SEPA, MIF, Instant Payment Regulation), coordinating the licensing of payment and e-money institutions, particularly concerning security requirements, and elaborating draft regulations in the field of payments, including common regulations with other institutions.
“Within my new role at TOKEN, we propose a platform designed to empower merchants, by providing them with seamless access to a diverse range of financial services and value-added solutions, ultimately fostering their growth. One key objective for us is to digitally transform merchants and cash transactions through an all-in-one concept, leveraging cutting-edge technologies and upholding the highest industry standards. In the era of instant payments, we recognize that real-time information on cash flows is not just a “nice to have,” it’s an absolute necessity for merchants to thrive. We also envision our solutions as a platform to financially include SMEs and to expand the infrastructure for payments and drive economic growth”, said Raluca Micu, Deputy General Manager, TOKEN Financial Technologies Romania.
The new member of TOKEN Romania’s executive team has been awarded as “Personality of the Year in Fintech” by the Romanian Fintech Association in both 2023 and 2024.
Associate Professor in the Master’s Program in Finance at the Academy of Economic Studies – BANCAS, she connects theory to practice in the actual financial landscape with aiding students to understand the depths of the current financial market and its structure, the new players, business models and the risks.
At the beginning of 2023, TOKEN expanded its operations in Romania, offering merchants one-stop-shop solutions using Beko branded POS terminals, as well as digital payment solutions, 100% developed in Romania. In 2024, TOKEN Payment Services (TOKEN) has become the first payment institution authorized by the National Bank of Romania (NBR) to accept online payment operations and transactions at physical POS, according to PSD2 regulation. TOKEN’s major priority for 2025 is to bring the custom end-to-end solution for the big real estate developments, especially companies which have big communities.
