Evrotrust Raises €2.5M in Funding

Evrotrust Technologies

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.

Led by Konstantin Bezuhanov, CEO, Evrotrust 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, Evotrust is now fully committed to its expansion into high-growth European markets.

It is integrated by numerous government institutions, international banking groups and non-bank financial institutions like insurance companies, pension companies, and telecoms.

FinSMEs

21/03/2023