Bulgaria news and trends

FinTechs Attract 20% of All VC Investment in Bulgaria
Fintech Investments // December 29, 2022

Bulgarian FinTech firms have attracted nearly $6 million in investment this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Payhawk Becomes Bulgaria’s First Unicorn After $100M Round
Investments // March 01, 2022

Payments and expense platform Payhawk raised an additional $100 million at a valuation of $1 billion, in an extended Series B funding round led by Lightspeed Venture Partners, making the startup Bulgaria’s first unicorn. Get the Full Story Complete the form to unlock this article...

Bulgarian Fibank Joins SWIFT gpi
Faster Payments // October 07, 2019

First Investment Bank (Fibank) is the first Bulgarian bank to offer the SWIFT Global Payment Initiative (gpi), according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Bulgaria Tax Agency To Appeal $3M Fine For Data Breach
Security & Fraud // August 29, 2019

The National Revenue Agency (NRA) in Bulgaria was fined 5.1 million levs ($2.9 million) by the country’s data-protection agency over a data breach that compromised the personal information of almost every adult in the country. Get the Full Story Complete the form to unlock this...

Quick Reads
Report: Crypto Lender Nexo Raided in Money Laundering Probe

January 12, 2023
Bulgarian police have reportedly raided cryptocurrency lender Nexo in a money laundering and tax probe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive […]

Bulgarian Fibank Joins SWIFT gpi

October 07, 2019
First Investment Bank (Fibank) is the first Bulgarian bank to offer the SWIFT Global Payment Initiative (gpi), according to a press release. Get the Full Story Complete the form to...

Bulgaria Tax Agency To Appeal $3M Fine For Data Breach

August 29, 2019
The National Revenue Agency (NRA) in Bulgaria was fined 5.1 million levs ($2.9 million) by the country’s data-protection agency over a data breach that compromised the personal information of almost...

Bulgarian Cyberattack Swipes Millions Of Taxpayers’ Data

July 16, 2019
The finance minister in Bulgaria admitted that a hacker stole millions of people’s data, and that almost every taxpaying adult in the country was affected, according to a report by...