Best FinTech Companies in Bulgaria
The 106 best FinTech companies in Bulgaria in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Payhawk.
Bulgaria's FinTech ecosystem has quietly stacked $312M in disclosed funding across 106 tracked companies, and this directory ranks them by exactly that: equity raised and recent momentum. One unicorn sits at the top. Payhawk accounts for $239M of that total on its own, which tells you something about how concentrated the capital story really is. The global FinTech market sits at roughly $113.4B in 2025 and is forecast to reach $461.6B by 2034, compounding at 17.21% annually, driven by OEM-Pay adoption, Apple Pay penetration, and the SCA requirements baked into PSD2. Bulgaria's cohort is small relative to that backdrop, but it's not standing still.
What's pulling attention here is the thematic shift toward next-gen banking platforms and cloud-based infrastructure. Evrotrust and Software Group have each secured funding in the single-digit millions, modest figures that reflect the early-stage weight of the broader portfolio. I'd note that stringent and sometimes conflicting government regulations remain the structural friction most founders mention first. New Vision 3 Fund, Visa Innovation Program, and Eleven Ventures are the most active backers shaping which bets get made. So if you're mapping where serious capital is flowing in this market, the concentration around Payhawk and the regulatory drag on everyone else are the two numbers worth holding in your head.
- Statista
Our analysis of 1,006 FinTech companies
$195.5b in tracked funding; 96% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best FinTech companies in Bulgaria
| # | Company | Disclosed funding | Last round | Stage | Employees | Founded | Founder | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | A1 Guard Anti fraud solutions provider | — | — | Unfunded | — | — | Alexander Dimitrov CEO | — |
| 2 | AI Capital Forex trading robot | — | — | Unfunded | — | 2015 | — | — |
| 3 | aionys Your reliable technical partner | — | — | — | — | 2016 | — | — |
| 4 | Alfastack Provider of payment security solutions for enterprises | — | — | Unfunded | — | 2016 | — | — |
| 5 | Allterpay Payment gateway | — | — | Acquired | — | 2016 | Aleksandar Balkanski CEO | — |
| 6 | Archway Cross-border payment processing solution for businesses | — | — | Unfunded | 2 | 2023 | Jeremie Dubois-Lacoste Co-Founder & Chief Product Officer | — |
| 7 | Atomiq Consulting Online trading platform for forex assets and diversified consulting services | — | — | Unfunded | 3 | 2014 | — | 1 expansion |
| 8 | BenchMark Finance Multi asset trading platform | — | — | Unfunded | — | 2003 | Denitsa Hristova Managing Director | — |
Top 12 FinTech companies in Bulgaria
#1
Series B · Sofia, Sofia City Province · founded 2015 · 80 employees$6.2Mraised▾
AI based identity verification platform for businesses. The platform offers a mobile application for the electronic identification of persons and the electronic signing of documents. The platform uses machine learning technology for automated face recognition and processing of identity documents. It enables users to digitally sign documents or contracts, store in the cloud, and send to counterparties. It allows users to sign personal documents and by enterprises for remote contract signing and client onboarding.
- Nov 2025Series B$7.6M
- Feb 2024Series A$3.5M
- Feb 2023Seed$2.7M
- Feb 2019Grant (prize money)—
#2
Payhawk 🦄Series B · Sofia, Sofia City Province · founded 2018 · 4 employees$239.2Mraised▾
Provider of spend management platform with AI-powered automation and control. The platform offers tools for managing corporate cards, business accounts, payments, and expenses. It facilitates accounts payable automation, business travel management, and multi-entity management. The platform provides integrations and an API for connecting with other finance tools.
- Mar 2022Series B$100M
- Nov 2021Series B$115M
- Apr 2021Series A$20M
- Mar 2020Seed$3.6M
#3
Public · Sofia, Sofia City Province · founded 2009 · 15 employees$8.6Mraised▾
Provider of a delivery channel and integration solutions for financial institutions. The company provides banks with solutions that help them with digitizing processes including remote account opening, loan origination, and payment switching. The company also provides solutions for telecom companies, credit unions, MFIs, Fintech Companies, and Saving Groups, among others.
#4
Series A · Sofia, Sofia City Province · founded 2018 · 10 employees$3.2Mraised▾
Developer of AI-powered SaaS platform optimizing renewable energy portfolio management. The platform provides tools for renewable energy participants to actively manage portfolios and make informed decisions. It centralizes renewable portfolio management, bridging the gap between physical assets and electricity markets. The platform offers data management, embedded automation, and security standards. It utilizes proprietary models customized to portfolio parameters and market trends.
- Dec 2023Series A$3.2M
- Jun 2021Seed—
#5
Funding Raised · Sofia, Sofia City Province · founded 2021$3.8Mraised▾
Online platform to fragment, sell, buy and collect NFTs. It is a B2B & B2C marketplace that allows users to create, mint, and auction digital art into smaller stand-alone NFTs.
- Oct 2022ICO$3.8M
#6
Seed · Sofia, Sofia City Province · founded 2021 · 16 employees$2.8Mraised▾
Provider of financial planning services
- Nov 2022Seed$2.4M
- Nov 2021Seed$397.4K
#7
Late Stage · Sofia, Sofia City Province · founded 2011 · 93 employees$25Mraised▾
Cash Credit is a tech-based non-banking financial institution which works in partnership with mobile network operators to offer micro financial services to mobile subscribers. The company uses a proprietary credit scoring approach to offer consumers quick credit decisions, with billing through their partner operators. Cash Credit partners in Bulgaria with the country’s two largest mobile network operators, MTEL and GLOBUL. It has an automated process of approval and granting. The loan amount varies between 200 BGN to 2,000 BGN for a time duration of 1 - 18 months. The loans are guaranteed by one or two guarantors.
#8
Seed · Sofia, Sofia City Province · founded 2003 · 11 employees$2.7Mraised▾
Developer of an online digital insurance platform intended to help retail consumers to manage insurance products. The company's platform offers a diverse range of insurance products such as property, car, health, and travel, as well as extreme sports, and provides integration with the leading insurers and round-the-clock service, enabling consumers to purchase and receive insurance products instantly.
#9
Funding Raised · Bulgaria · founded 2017 · 5 employees$3.7Mraised▾
Provider of blockchain multiplayer game for PC and mobile. Cryowar is a real-time multiplayer skill-based PVP arena NFT game with unique characters and competitive gameplay.
- Nov 2021ICO$3.7M
#10
Acquired · Sofia, Sofia City Province · founded 2018 · 1 employees$3.8Mraised▾
Provider of payment terminals and related services for various industries. It offers solutions for accepting payments in-store, on-the-go, and in self-service environments. The company provides a range of payment terminals, including portable devices, countertop terminals, PIN pads, card readers, and integrated POS systems. It also offers services for managing payment devices, enhancing security, and providing professional support.
#11
Seed · Sofia, Sofia City Province · founded 2021 · 4 employees$1.8Mraised▾
Decentralized autonomous organization for crypto-based product development. It allows users to build core products LandWorks which enables period-based renting of land in Web3 metaverse games and MetaPortal which enables desktop app serving as a single point of entry/access to different web3 metaverse games.
- Jan 2022Seed$1.8M
#12
Seed · Sofia, Sofia City Province · founded 2017 · 21 employees$2.5Mraised▾
Online platform offering a non-custodial DeFi wallet. It provides secure email authentication, allows users to connect a hardware wallet, and is available on Ethereum, Polygon, Avalanche, and BSC. The wallet has a tradable native token with the ticker symbol $WALLET.
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of FinTech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
Common questions
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.