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Blockchain tourists
The Bulgarian company LockTrip raised a 4.1 million dollars investment from Australian tourism giant Webjet
The first Bulgarian unicorn
Payhawk, the fintech startup founded by Hristo Borissov and Boyko Karadzhov, was valued at 1 billion dollars after a new investment round led by US fund Lightspeed Venture Partners
The Coalition duel for the National Bank
In an attempt to thwart the election of TISP’s Lyubomir Karimanski for governor of BNB with the votes of the opposition, WCC nominated their parliamentary head Andrei Gyurov for the post
How big is the fintech sector in Bulgaria?
About 135 companies with over BGN 1.4 billion (EUR 715 million) in revenues are distributed in more than a dozen segments of the fintech industry
The week: Russian tanks steal our common future, stacking up on grain, some good ideas
K Insights 11/03: economy grows (pre-war), some unicorns
Bulgaria is looking for a unicorn
In 2022 or 2023 there will be at least one Bulgarian startup with valuation over 1 billion dollars
Bulgarian banks’ profit rises to 1.4 billion levs in 2021
Lower impairment costs, decreased contributions to guarantee funds and the credit moratorium boosted annual profit by 600 million levs
A reluctant NATO ally, OECD invitation 15 years in the waiting and a new name for Telenor
Sofia hopes for the best - and not much more - in NATO-Russia clash, Telenor turns into Yettel and changes coming to the Energy regulator
Bulgarian banks’ Jan-Nov profit rises 53% y/y, still below 2019 level
The last 8 billion levs of loans under credit repayment moratorium return to regular servicing
New investment values Bulgaria’s Payhawk at 570 million dollars
San Francisco-based Greenoaks provides half of the fresh funding of 112 million dollars
Yanis Varoufakis: Bulgaria's entry into the eurozone would be a mistake
The thinker, writer and ex-Greek finance minister talks to K Insights on the EU and why the Recovery and Resilience package was a mistake
The week: Capital goes to Plovdiv; welcome to the four-party state, the nuclear saviour
K Insights 03/12: top positions still veiled in secrecy, first snow causes no go-slow (surprise)
Seven reasons why Bulgaria’s economic growth slowed down
The statistics office reported a surprisingly low 0.4% GDP growth rate in the third quarter of 2021
KBC Group Buys Raiffeisenbank (Bulgaria) in record 1 billion euro deal
KBC Group is also owner of United Bulgarian Bank (UBB) and the merger of the two banks will create a third local giant of the caliber of UniCredit Bulbank and DSK
Transport companies Top 20: coronavirus weighs heavily
Transport is among the top 3 sectors of Bulgaria’s economy affected by Covid-19, with the aviation sector suffering the most
Inside Nexo: one of the biggest crypto-banks in the world
The Bulgarian company claims to run 10 billion dollars in assets. Such growth comes with challenges