FinTech · Bulgaria, India

Best FinTech Companies in Bulgaria

Updated 2026-06-21 · Ranked by funding & momentum

106 indexable FinTech companies headquartered in Bulgaria, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $312.2M across 19 funded companies, including 1 unicorn.

106
Companies
$312.2M
Total Funding
19
Funded
1
Unicorns
0
Rounds (90d)

Ranked: Best FinTech companies in Bulgaria

#CompanyFundingValuationStage Latest roundEmployeesFoundedMomentum
1 Evrotrust
AI based identity verification and e-Signing solution provider
$6.2M Series B Series B Nov 2025 80 2015 ↑ Active
2 Payhawk Unicorn
Provider of spend management platform with AI-powered automation and control
$239.2M $1B
as of 2022
Series B Series B Mar 2022 4 2018
3 Software Group
Provider of a delivery channel and integration solutions for financial institutions
$8.6M Public Post IPO Dec 2023 15 2009
4 TokWise
Developer of AI-powered SaaS platform optimizing renewable energy portfolio management
$3.2M Series A Series A Dec 2023 10 2018
5 Fragmint
Online platform to fragment, sell, buy and collect NFTs
$3.8M Funding Raised ICO Oct 2022 2021
6 PlanDelta
Provider of financial planning services
$2.8M Seed Seed Nov 2022 16 2021
7 CashCredit
Offer micro financial services to mobile subscribers.
$25M Late Stage PE Aug 2013 93 2011
8 Boleron
Online insurance comparison platform
$2.7M Seed Sep 2022 11 2003
9 Cryowar
Provider of blockchain multiplayer game for PC and mobile
$3.7M Funding Raised ICO Nov 2021 5 2017
10 Phos
Provider of payment terminals and related services for various industries
$3.8M Acquired Series A Aug 2021 1 2018
11 EnterDAO
Decentralized autonomous organization for crypto-based product development
$1.8M Seed Seed Jan 2022 4 2021
12 Ambire
Online platform offering a non-custodial DeFi wallet
$2.5M Seed Seed Feb 2021 21 2017
13 Paynetics
Provider of end-to-end payment services including card issuing and acquiring
$2.8M Seed Seed Mar 2020 92 2005
14 phyre
Provider of mobile-based financial services and digital wallet
$1.7M Acquired Seed Mar 2020 21 2016
15 BIODIT
Provider of fingerprint based access control and authentication solutions
$1.7M Series A Oct 2017 16 2009
16 Investor.bg
Online portal for financial news, analysis, stock reports
$1.6M Series A Feb 2009 2000
17 Klear
Bulgaria-based P2P lending platform.
$856.5K Acquired Conventional Debt Jun 2019 12 2015
18 Loanbase
Peer to Peer Bitcoin Lending
$253.3K Seed Seed Oct 2014 11 2013
19 weiDex
Exchange platform for Ethereum and Neo based tokens
$100K Seed Jan 2019 2018
20 FinBiz Technologies
Developer of software for micro and small enterprise loan management
Seed Seed Jul 2025 2023 ↑ Active
21 Credefi
Decentralized P2P platform for crypto loans
Seed ICO Nov 2021 12 2020
22 TraDEXsocial
Cryptocurrency mining platform
Seed Jul 2018 7 2018
23 Rebellious Software
Video game developer & publisher studio
Seed Seed 2018 8 2014
24 ReturnX
Technical analysis solution for stock market investments
Seed Jun 2016
25 eINS
Web-based information system for insurance companies
Seed Jun 2015 16 2015
26 A1 Guard
Anti fraud solutions provider
Unfunded
27 AI Capital
Forex trading robot
Unfunded 2015
28 aionys
Your reliable technical partner
2016
29 Alfastack
Provider of payment security solutions for enterprises
Unfunded 2016
30 Allterpay
Payment gateway
Acquired 2016
31 Archway
Cross-border payment processing solution for businesses
Unfunded 2 2023
32 Atomiq Consulting
Online trading platform for forex assets and diversified consulting services
Unfunded 3 2014
33 BenchMark Finance
Multi asset trading platform
Unfunded 2003
34 Best Robots Forex
Forex trading robot
Unfunded 2016
35 BestBrokers
Provider of broker comparison platform for forex
Unfunded 2022
36 Billia
Cloud-based invoicing management solutions for businesses
Unfunded 2018
37 Bitpace
Cryptocurrency payment gateway & B2B trading platform
Funding Raised 2017
38 Bulgarian Credit Rating Agency
Financial database focused on credit ratings
Unfunded 2002
39 CashBox
Lending platform for short-term and small business loans
Unfunded 2009
40 Cashlend
Peer-to-peer lending platform offering consumer and business loans
Funding Raised 2015
41 cashwave
CashWave is a platform for electronic shopping vouchers and a smart digital alternative to traditional money-transfer services
Deadpooled 11 2012
42 CoinPoint
Web3 consultancy & marketing agency
Unfunded 2013
43 Collectim
Online crowdfunding platform for social causes
Public 2013
44 CrediHelp
Provider of quick loans
Unfunded 2010
45 Credissimo
Online lending platform for consumer financing
Funding Raised 2007
46 Crypto Maze
Platform offering a free-to-play game that is accessible to casual, competitive gamers, and guild participants
Unfunded 2022
47 DECOIN
Decentralized trading platform
Deadpooled 2017
48 Deltastock
Online trading platform for multiple digital assets
Unfunded 1998
49 Deriveum
Secondary marketplace for the debt insurance market
Funding Raised 2019
50 Digitalsocial.id
Platform offering identity reputation solutions on the blockchain
Funding Raised 4 2022

Top 12 FinTech companies in Bulgaria

#1
Evrotrust Series B
$6.2M Raised
expand_more
location_onSofia, Sofia City Province
Founded
2015
Employees
80
Funding raised
$6.2M
Stage
Series B

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

Funding rounds (3 disclosed of 4)
Round Date Amount
Series B Nov 2025 $7.6M
Series A Feb 2024 $3.5M
Seed Feb 2023 $2.7M
Grant (prize money) Feb 2019 Undisclosed
Tech stack
amazon albamazon web servicesapache http serverapple icloud mailbootstrapcloudflare+14
#2
Payhawk Unicorn Series B
$239.2M Raised
expand_more
location_onSofia, Sofia City Province
Founded
2018
Employees
4
Funding raised
$239.2M
Valuation
$1B · 2022
Stage
Series B

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.

Funding rounds (5 disclosed of 5)
Round Date Amount
Series B Mar 2022 $100M
Series B Nov 2021 $115M
Series A Apr 2021 $20M
Seed Mar 2020 $3.6M
Seed Feb 2019 $565.7K
Tech stack
amazon sesamazon web servicesapple icloud mailchargebeecloudflare browser insightscore-js+14
#3
$8.6M Raised
expand_more
location_onSofia, Sofia City Province
Founded
2009
Employees
15
Funding raised
$8.6M
Stage
Public

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.

Founders & key people
Tech stack
azure edge networkcloudflarecloudflare bot managementcore-jsdigicertfacebook login+14
#4
TokWise Series A
$3.2M Raised
expand_more
location_onSofia, Sofia City Province
Founded
2018
Employees
10
Funding raised
$3.2M
Stage
Series A

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 prop

Funding rounds (1 disclosed of 2)
Round Date Amount
Series A Dec 2023 $3.2M
Seed Jun 2021 Undisclosed
Tech stack
amazon cloudfrontamazon s3amazon web servicesbootstrapcdnjscloudflare+10
#5
Fragmint Funding Raised
$3.8M Raised
expand_more
location_onSofia, Sofia City Province
Founded
2021
Funding raised
$3.8M
Stage
Funding Raised

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.

Funding rounds (1 disclosed of 1)
Round Date Amount
ICO Oct 2022 $3.8M
Founders & key people
#6
PlanDelta Seed
$2.8M Raised
expand_more
location_onSofia, Sofia City Province
Founded
2021
Employees
16
Funding raised
$2.8M
Stage
Seed

Provider of financial planning services

Funding rounds (2 disclosed of 2)
Round Date Amount
Seed Nov 2022 $2.4M
Seed Nov 2021 $397.4K
#7
CashCredit Late Stage
$25M Raised
expand_more
location_onSofia, Sofia City Province
Founded
2011
Employees
93
Funding raised
$25M
Stage
Late Stage

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

Tech stack
axioscore-jsfacebook pixelgoogle analyticsgoogle tag managerhsts+9
#8
Boleron Seed
$2.7M Raised
expand_more
location_onSofia, Sofia City Province
Founded
2003
Employees
11
Funding raised
$2.7M
Stage
Seed

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.

Tech stack
cloudflarecloudflare browser insightscore-jsfacebook pixelgatsbygoogle analytics+11
#9
Cryowar Funding Raised
$3.7M Raised
expand_more
location_onBulgaria
Founded
2017
Employees
5
Funding raised
$3.7M
Stage
Funding Raised

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.

Funding rounds (1 disclosed of 1)
Round Date Amount
ICO Nov 2021 $3.7M
Founders & key people
#10
Phos Acquired
$3.8M Raised
expand_more
location_onSofia, Sofia City Province
Founded
2018
Employees
1
Funding raised
$3.8M
Stage
Acquired

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 profes

#11
EnterDAO Seed
$1.8M Raised
expand_more
location_onSofia, Sofia City Province
Founded
2021
Employees
4
Funding raised
$1.8M
Stage
Seed

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.

Funding rounds (1 disclosed of 1)
Round Date Amount
Seed Jan 2022 $1.8M
#12
Ambire Seed
$2.5M Raised
expand_more
location_onSofia, Sofia City Province
Founded
2017
Employees
21
Funding raised
$2.5M
Stage
Seed

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.

Tech stack
cloudflarecloudflare bot managementfastlygithub pagesgoogle analyticsgoogle tag manager+11

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Funding & investor landscape

Total raised
$312.2M
across these companies
Companies funded
19
with disclosed funding
Highest-funded
$239.2M raised

Most active investors

New Vision 3 Fund New Vision 3 Fund 5 investments in FinTech Visa Innovation Program Visa Innovation Program 5 investments in FinTech Eleven Eleven 3 investments in FinTech Eleven Ventures Eleven Ventures 3 investments in FinTech Innovation Capital Innovation Capital 3 investments in FinTech RR2 Capital RR2 Capital 3 investments in FinTech Vitosha Venture Partners Vitosha Venture Partners 3 investments in FinTech 3TS Capital Partners 3TS Capital Partners 2 investments in FinTech AE Ventures AE Ventures 2 investments in FinTech Bulgarian-American Credit Bank Bulgarian-American Credit Bank 2 investments in FinTech Elevator Lab Elevator Lab 2 investments in FinTech LAUNCHUB LAUNCHUB 2 investments in FinTech

Notable founders in Bulgaria FinTech

Hristo Borisov Hristo Borisov Co-Founder & CEO Payhawk · $239.2M raised
Boyko Karadzhov Boyko Karadzhov Co-Founder Payhawk · $239.2M raised
KD Konstantin Dzhengozov Co-founder and CFO Payhawk · $239.2M raised
KR Kalin Radev Founder & CEO Software Group · $8.6M raised
Julien Marcenac Julien Marcenac Co-Founder TokWise · $3.2M raised
Vassil Vassilev Vassil Vassilev Co-Founder TokWise · $3.2M raised
Krasimir Kolev Krasimir Kolev Co-Founder TokWise · $3.2M raised
SA Stoyan Angelov CEO Fragmint · $3.8M raised
Milen Manev Milen Manev CTO and Co-Founder PlanDelta · $2.8M raised
MM Martin Milanov Co-Founder & CEO PlanDelta · $2.8M raised
AT Alexander Tsvetkov Co-Founder & CEO Boleron · $2.7M raised
Desislava Tsvetkova Desislava Tsvetkova Co-Founder Boleron · $2.7M raised

Frequently asked questions

How many FinTech companies are there in Bulgaria?
Radar tracks 106 indexable FinTech companies headquartered in Bulgaria that meet our profile-completeness bar.
What is the total funding raised by FinTech companies in Bulgaria?
The FinTech companies in Bulgaria on this list have raised a combined $312.2M in disclosed equity funding across 19 funded companies.
Which is the highest-funded FinTech company in Bulgaria?
Payhawk is the highest-funded FinTech company in Bulgaria, with $239.2M in disclosed equity funding.
How many FinTech companies in Bulgaria are funded?
19 of the 106 FinTech companies in Bulgaria on this list have disclosed at least one equity funding round.
How many FinTech unicorns are there in Bulgaria?
1 FinTech company in Bulgaria on this list is valued at $1B or more.
Who are the top investors in Bulgaria FinTech companies?
The most active investors in Bulgaria FinTech companies on this list include New Vision 3 Fund, Visa Innovation Program, Eleven, Eleven Ventures, Innovation Capital.

Rankings are computed by Radar (Fliar BI) from the Radar company master and are updated periodically. Funding and momentum scores use disclosed equity-funding data only. Figures may lag private rounds. Last updated 2026-06-21.

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