This marks the highest level in the last 18 years.
The company started operations in Cluj-Napoca in 2000 and is part of the US-based Montran group, which operates in over 90 countries, delivering payment systems, cash management solutions, and capital market infrastructure. The group is led by Alexander Esca, who is also listed in the trade register as an administrator of the Romanian entity, alongside Mircea-Ciprian Tesa and Raegan Ileana Esca
At the launch of RoPay in October 2024, Transfond announced that Montran had built the SENT, Instant Payments, and RoPay systems, and that it provides banks with the solutions to connect to the payment scheme.
Net profit decreased by 30.5% to RON5.8 million (EUR1.15 million), following a record RON8.3 million in 2024, while the net margin dropped from 11.6% to 7.4%. The average number of employees rose to 203, six more than in 2024. Liabilities shrank by 7.1% to RON8.7 million (EUR1.7 million), and equity reached RON9.9 million.
Turnover has grown every year since 2009, from RON9.1 million to RON77.9 million, with 2008 being the only year in the series to rake in loss. The team expanded from 45 people in 2009 to 130 in 2021, and to 203 in 2025, while profit exceeded the RON5 million threshold in each of the last three years.
Transfond is the technical operator of the Electronic Payment System, providing electronic invoicing and archiving services. The company was established in 2000, with the aim of modernizing and automizing the interbank payment system.