18.11.2022 Evrotrust Technologies has attracted financing from BDB’s Capital Investments Fund

The Capital Investments Fund takes an equity stake in the innovative company Evrotrust Technologies. This is the sixth deal in a row by the fund from the Bulgarian Development Bank Group, which offers equity capital for the growth of small and medium-sized enterprises in the country.

Evrotrust is a provider of qualified authentication services, providing a technological solution for remote electronic identification and electronic signature with the highest 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. It creates innovations that support the digital transformation of organizations and create sustainable business models and processes.

Through the platform, citizens and businesses can sign documents directly through their mobile phone – the fastest and most convenient way to sign, saving time and money and providing a safe environment.

The electronic signature is completely legal and equivalent to a handwritten signature on paper.

Evrotrust is integrated by numerous government institutions, banks and non-bank financial institutions, insurance companies, pension companies and telecoms.

The application meets all the requirements and standards for information security, using automated recognition via 3D facial biometrics technology through the phone’s camera and through the identity document.

The company Evrotrust Technologies was established in 2015 and its customers are already more than 500 thousand people. Apart from Bulgaria, it has offices in Austria, Macedonia and Italy.

The investment of the Capital Investments Fund will enable its growth and expansion into new markets.