Research and Development Investment Strengthens the Financial Sector

Research and Development Investment Strengthens the Financial Sector

2026. 03. 12.

BinX Zrt.'s innovative solutions significantly contribute to the efficient operation of Hungarian SMEs.

BinX Zrt. is the first Hungarian-founded and owned neobank, operating exclusively online. Based in Budapest, the company employs 150 people and uses the latest fintech technologies to provide faster, cheaper, and more user-friendly mobile banking experiences for its clients. Unlike traditional banks, BinX does not engage in lending activities. In contrast to banking services, it keeps clients' funds in liquid assets, such as cash, bank deposits, government bonds, and easily tradable securities, ensuring fast accessibility and full refundability.

Founded by the creators of Számlázz.hu, this neobank is making a €9 million research and development investment, creating 12 new, high-value-added jobs. The goals of the project include the creation of a next-generation financial software platform, improvement of the user experience, combating money laundering and terrorism financing, entering international markets, and serving more complex corporate needs.

The project utilizes cutting-edge technologies, such as cloud-based solutions, artificial intelligence, and Big Data-driven machine learning, ensuring fast and effective progress. The company is committed to supporting Hungarian SMEs, with its innovative solutions significantly reducing financial and administrative burdens, thereby increasing their efficiency.

Between 2014 and 2025, with the support of HIPA, 78 positive decisions were made regarding R&D projects, representing a total volume of approximately €1.48 billion and creating nearly 4,500 new jobs. Last year was particularly outstanding, as positive investment decisions were made in case of 14 projects with an aggregate value of  nearly €570 million.

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