There is a large number of tech companies in Bulgaria, a lot of them with a solid growth potential, which, combined with the growth of the Bulgarian economy, makes the country suitable for being a major hub for the banks expansion in Southeast Europe (SEE).
Varengold Bank specialises in Marketplace Banking, which includes financing non-banking institutions providing fintech solutions.
According to data from Bulgarias commercial register, Varengold Bank has set up its branch in Sofia in May 2018.
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