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phyre logo — Embed financial services in your product or launch a best-in...

phyre

Embed financial services in your product or launch a best-in-class digital banking app with phyre white label platform.

Founded 2015 Bulgaria Bulgaria 9 employees Venture round Total: $1.55M Fintech, Mobile +1

General Information

Company Name phyre
Founded Year 2015
Location Bulgaria Bulgaria
Employees 9
Industries Fintech, Mobile, Payments
Funding Stage Venture round
Business Model B2B, Embedded Finance, White Label
Revenue Model Subscription, Project Based, Usage Based
Social

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About phyre

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.

Business keywords: embedded finance, white label platform, digital banking, mobile banking, digital wallet, payment services, financial infrastructure, technology integration, telecommunications partnerships, banking solutions, customer-facing applications, modular architecture, time to market reduction, finance management

Services & Products

White Label Platform
Embedded Finance Modules
Card Issuing and Management
Digital Banking Apps
Payment Services Integration

Target Customers

Telecommunications Companies Banks and Financial Institutions Retail Businesses SMEs Gig Economy Enterprises

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round €1.55M 2
New Vision 3 Fund Bulgarian American Credit Bank
New Vision 3 Fund, Bulgarian American Credit Bank
27 Mar 2020
Grant Undisclosed 1
Mastercard
Mastercard
01 Feb 2018

phyre Alternatives & Competitors

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phyre vs
Memento Payments
Memento Payments Iceland

Memento is a cloud-based solution for any company wanting to launch a branded card wallet applicatio...

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phyre vs
FintechX Technologies
FintechX Technologies Hungary

FintechX: Harness the full power of Open Banking and Open Finance.

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phyre vs
HUBUC
HUBUC Spain

Global Card Issuing and Payment Processing Engine

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FAQ About phyre

Embed financial services in your product or launch a best-in-class digital banking app with phyre white label platform.
phyre was founded in 2015.
phyre is headquartered in Bulgaria.
phyre operates in Fintech, Mobile and Payments. Its work centres on embedded finance, white label platform, digital banking and mobile banking. Its customers include Telecommunications Companies, Banks and Financial Institutions and Retail Businesses.
phyre has a B2B, Embedded Finance and White Label business model. Its revenue comes from Subscription, Project Based and Usage Based.
phyre has approximately 9 employees.
phyre has completed 2 funding rounds, raising a total of $1.55M. The latest funding stage is Venture round.
phyre offers: White Label Platform, Embedded Finance Modules, Card Issuing and Management, Digital Banking Apps, Payment Services Integration.
Top alternatives and competitors to phyre include Memento Payments, FintechX Technologies, HUBUC, MobiFin, Flow Your Money. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
phyre and Memento Payments are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for phyre, https://bouncewatch.com/company/phyre-jsc, updated 11 April 2026. When citing, please name BounceWatch and link this page.

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