Bulgarian Fintech Association

What Bulgarian Fintech Association does

The Bulgarian Fintech Association is a non-profit industry association founded in 2017 and headquartered in Sofia, Bulgaria. Its stated function is to bring together parties interested in financial technologies in Bulgaria, positioning it as an ecosystem convening body rather than a product or service vendor. The organization operates at a small scale, with 1-10 employees and a web presence at fintechbulgaria.org, and is led in part by co-founder Svetoslav Dimitrov, who serves on the Management Board.

The organization has no disclosed product portfolio, technology stack, or proprietary platform based on the available data. Its core "offering" is membership-driven community activity, though specific member services, events, working groups, or policy initiatives are not documented in the input. The data set does not include information on membership tiers, dues structure, sponsorship arrangements, or partnerships with Bulgarian or international financial institutions, regulators, or fintech firms.

Its business model is consistent with a typical sector association: non-profit, funded by member contributions and/or grants, with no commercial product revenue. Given the absence of disclosed financials, headcount growth signals, partnership announcements, or programmatic activity in the available data, any assessment of operating health, reach, or influence is limited. The association's strategic significance is therefore a function of its convening role in the Bulgarian fintech ecosystem, the scale of which cannot be quantified from the provided information.

Name

Bulgarian Fintech Association

Website

https://fintechbulgaria.org

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

The Bulgarian Fintech Association is a non-profit industry association founded in 2017 in Sofia, Bulgaria, that convenes parties interested in financial technologies within the Bulgarian fintech ecosystem. It operates at a small scale with 1-10 employees.

Ownership category

akta.pro rank

Product category

Industry Association

NAICS

Professional Organizations (81392)

akta.pro primary industry

Fintech & Payments Partner / ISO Referral Networks (FSAEAMAK)

akta.pro secondary industry

Technical Committees, Working Groups & Expert Panels (BPADANAB)

Keywords

• Fintech industry association
• Financial technology advocacy
• Industry stakeholder engagement
• Regulatory collaboration
• Ecosystem development

Headquarters

HQ city

Sofia

HQ country

Bulgaria

HQ region

Europe

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Core offering

The Bulgarian Fintech Association is a non-profit industry body that brings together all parties in Bulgaria with an interest in financial technologies. It functions as a membership-based association that convenes fintech firms, financial institutions, regulators, and other ecosystem participants to support the development of the Bulgarian fintech sector. Its activities center on stakeholder engagement, advocacy, and ecosystem-building for the local financial technology industry.

Differentiator

Problem solved

Functional benefit

Products and services

• Association Membership

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves1 record

Broad incumbents

• AFME (Association for Financial Markets in Europe): Large pan-European financial markets industry association with deep policy engagement. Adjacent as a much larger, broader-scope incumbent in financial industry advocacy that also touches fintech topics.

Direct peers

• Bundesverband Fintech (Germany): German fintech industry association. Comparable in its role as a national industry voice for fintechs, banks, and tech firms operating in the German market.
• Innovate Finance: UK-based industry body representing the global fintech community. Comparable as a national fintech association providing advocacy, research, and ecosystem events, though at significantly larger scale.
• France FinTech: French independent industry association representing fintech stakeholders. Directly comparable as a European national fintech association with a member-driven advocacy and ecosystem-building mandate.
• Fintech Australia: Australian peak industry body for fintech. Comparable as a national membership-based association promoting the fintech ecosystem, advocating for policy, and running community programs.
• Swiss FinTech (Swiss FinTech Association): Swiss industry association for fintech. Comparable as a national industry body advocating for fintech-friendly regulation and connecting members across banking, insurance, and tech.
• Singapore FinTech Association: National industry association for fintech in Singapore. Directly comparable in mandate (industry voice, education, policy engagement) and operates a similar non-profit membership-based model.
• FinTech Association of Japan: Japan's national fintech industry body. Comparable as a member-supported association promoting fintech adoption, policy engagement, and cross-border collaboration.
• Estonian Fintech Association (EstFin): National fintech industry association serving the Estonian ecosystem. Directly comparable as a small CEE-country fintech trade body with a similar mandate to convene industry, government, and investors.
• FinTech Belgium: Belgian fintech industry association. Comparable in scope and structure as a small European national association convening fintechs, incumbents, and regulators.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat1 record

Key risks4 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Bulgarian Fintech Association