THE FIRST BULGARIAN FINTECH REPORT
Some of our key findings:
- The estimated number of Bulgarian Fintech companies is 65, which is more than that in any other SEE country;
- In the last three years the total operating revenue of the fintech sector has more than doubled, maintaining a steady increase of approximately 33.5% on an annual basis;
- The majority of the Bulgarian Fintech companies operate in the Payments segment.
The Bulgarian Fintech Association is a non-profit organization uniting the leading fintech companies in Bulgaria. The mission of the Association is to create a platform bringing together all parties in Bulgaria with an interest in Financial Technologies and to encourage the communication and exchange of ideas among them. The Bulgarian Fintech Association aims at representing and safeguarding the shared values of its members before regulators, investors, financial institutions, foreign associations, partners and any other party and thus, to foster the development of the sector.