In this insightful interview, Dan Cobeanu, the founder of Fărăgrijă.ro and a member of the Board of Directors at the Romanian Fintech Association, discusses the evolution of his InsurTech company and the transition from Paypact to Fărăgrijă.ro. Dan shares how the company pivoted its focus from collaborating with insurance companies to directly serving insured clients, offering a comprehensive service to manage claims, documentation, and vehicle repairs. Dan delves into the challenges and strategies of raising funds, highlighting the importance of “smart money” — investments that come with valuable connections and industry expertise, not just capital. He emphasizes the critical role of partners who are willing to invest not only money but also knowledge and support. Looking ahead, Dan reveals plans for expanding Fărăgrijă.ro’s services beyond accident-related support to other unpredictable auto-related events, as well as a potential insurance product developed in collaboration with a major insurer. Additionally, he touches on a social impact initiative focused on improving cash access through cash recycling systems — a pressing issue in increasingly cashless societies. Dan concludes with valuable advice for aspiring entrepreneurs: start by working for a company that aligns with your values, gain as much knowledge as possible, and remain patient, as success in fintech requires both time and continuous learning.
Watch below the full interview.
