phyre, founded in 2015 and headquartered in Bulgaria, is making waves in the Fintech, Mobile, and Payments industries with its innovative solutions. The company empowers businesses by embedding financial services directly into their products or launching digital banking apps through its white-label platform, allowing for tailored mobile banking experiences.
phyre has swiftly gained traction, securing partnerships with major players such as A1 Telekom Austria and Vivacom, and integrating its solutions with the Bulgarian American Credit Bank. Currently, the platform boasts over 300,000 users, reflecting its robust growth and market acceptance.
With a competent team driving innovation, phyre received a significant €1.55M Venture Round investment on 27 March 2020, backed by New Vision 3 Fund and the Bulgarian American Credit Bank. As traditional financial institutions continue to face disruptors, phyre presents an attractive investment opportunity in an evolving market.