Bulgaria - AIN

26 Apr

Bulgarian banking provider Paynetics acquires Novus, UK’s neobank

Sofia-based finance provider Paynetics has announced the acquisition of Novus, a Bulgarian-UK neobank. The deal amount was not disclosed. Novus claims it will strengthen its commitment to environmental, social and governance (ESG) principles. Novus’ mission was to create impact through

15 Apr

Bulgarian software developer Bianor receives €6.8M from BlackPeak Capital

Bianor, a Bulgarian software development company, has raised a total of over €10 million in a funding round led by BlackPeak Capital, a Bulgarian equity fund. The investment will support Bianor’s growth and accelerate its expansion. This is the second

11 Apr

Bulgarian e-commerce startup Rush is acquired by Shop Circle

Sofia-based e-commerce tech startup Rush has been acquired by Shop Circle, now being fully managed by the company. The process will take a few months in order to fully implement the new strategy. Scaling a successful SaaS requires time, effort,

02 Apr

Bulgarian startup Krik.bg raises €350k in funding

Krik.bg, a Sofia-based dealer in second-hand auto parts, has raised approximately €350,000 in funding from Sofia Angels Ventures and Vitosha Venture Partners Fund I. Krik.bg aims to accelerate its expansion into new international markets. Our partnership signifies our confidence in the company’s

21 Mar

“I believe the Bulgarian Startup and VC ecosystem is one of the most developed ones in the region.” Interview with Zlatolina Mukova from New Vision 3

Throughout 2023, New Vision 3 was one of the most active VC funds across the CEE region. With nearly a dozen investment rounds announced only in Autumn of the year, namely investments in Prolaz and 7 Bulgarian startups, NV3 continues