Evrotrust: Raises €2.5M in Funding

Evrotrust Raises €2.5M in Funding

  • Evrotrust Technologies, a Bulgarian identity verification and qualified trust services provider, raised €2.5m in financing
  • The Capital Investment Fund, part of the Bulgarian Development Bank Group, invested in the company, which plans to use the funds for product development and international growth
  • The company provides a SaaS platform for remote identity verification and electronic signature with high level of security
  • The company’s mission is to help businesses and government institutions digitize their services, making them more efficient and accessible to the end user
  • Having consolidated its core market in Bulgaria, the company is now fully committed to its expansion into high-growth European markets
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Experian Launches Credit Score App in ChatGPT, Enhancing Financial Access

New tool enables users to check credit scores effortlessly via ChatGPT.Highlights: Experian's app allows users to check credit...

US Senate Passes Bill Banning Issuance of CBDCs

Legislation aims to restrict the development of digital currencies by the Federal Reserve.Highlights: The US Senate approved a...

Truist Expands Open Banking Offerings with Plaid Partnership

Collaboration aims to enhance customer access to financial services.Highlights: Truist collaborates with Plaid for open banking expansion.The partnership...

UK’s National Fraud Database Reports 444,000 Fraud Cases in 2025

Cifas reveals a significant rise in reported fraud incidents across the UK.Highlights: Cifas reported 444,000 fraud cases in...