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Lucian Butnaru

Lucian Butnaru
Nationality: Romanian
More details (bio)

Co-Founder @ SelfPay
While in his junior year at the Polytechnic University of Bucharest, Lucian founded Akela Informatique in May 1998 as a software development company. The business took off and made its first million dollars in revenues in 2000, employing over 70 engineers. With Lucian’s strong vision and accurate execution behind it, Akela went on to further expand as a premier outsourced developer of software. In 2005 Lucian sold all of Akela’s shares to TechTeam Global (NASDAQ: TEAM), a US mid-sized IT service organization, while remaining at the helm as General Manager for another 6 years until the company reached over 1,000 employees.
Lucian is the co-founder and chairman of Selfpay (www.selfpay.ro), a leading company processing instant payments through self-service kiosks. Through it’s proprietary technology it enables multi-vendor payments on almost 5,000 payment stations in Romania. The company became the fastest growth Romanian company in Deloitte Technology Fast 500 (2015). As of 2020, the business expects to expands its services in Italy, Spain, France, Germany and UK.
Starting 2013, he serves as General Manager of Cegeka Romania, leading an entrepreneurial IT service business on an accelerated growth path, contributing to the growth of Cegeka group to revenues of over 500 million Euro in 2018.
Lucian is an active member of the Young Presidents Organization (YPO) and co-founder of the Romanian Business Leaders Association (RBL). He continues to pursue other business ventures in the technology space and real-estate, as investor and/or board advisor.

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