On 1 January 2026 every lev balance in Bulgaria turned into euro overnight, at 1.95583 to one. An e-money app launching now starts in the euro area from day one, with no lev legacy to carry. We supply the app, the account ledger and the back office, and your team in Sofia handles the licence and the customers.
Global business accounts, multi-currency payments and cross-border solutions, supported by Crassula APIs and BaaS connections.
Read case study: Multipass
Account details, SEPA payments, card issuing, KYC onboarding and multi-currency exchange in one financial product.
Read case study: LuxPayCustomers open an e-money account on their phone, top it up and pay out to any SEPA IBAN. The balance, fees and history are shown in Bulgarian or English, whichever they pick.
Virtual cards right after sign-up and plastic on request, with freeze, limits and PIN handled in the app. The issuing contract sits between you and your card partner.
Onboarding for OOD and AD companies with owner checks through connected providers, several users per company and payments that wait for a second approver.
If you work with an electronic meal voucher operator, Bulgarian law wants its funds in a safeguarding account of their own. The ledger keeps those balances apart from other e-money so each account reconciles on its own.
Sub-balances for bills or a holiday, held as e-money and labelled clearly, because a Bulgarian EMI may not pay interest or any benefit linked to how long money sits there.
Each requirement, what the platform gives you for it and who owns it after launch.
Technical descriptions of the platform in plain English, structured so your translator can turn them into Bulgarian without guessing.
You, with our inputBack office roles for the Sofia management team to approve customers, limits and exceptions, with each action logged.
YouA ledger that shows what is owed to each e-money holder, reconciled to your safeguarding account and exported for your finance team.
Your finance teamCard top-ups recorded with their settlement status, so pending funds and safeguarded funds are visible side by side.
Your finance teamArchitecture, hosting, access control, backup and incident procedures documented for your file and your register of information.
You, with our inputOnboarding questionnaires per client type and identity checks through connected providers, with the evidence kept on each customer file.
Your AML officerTwo-factor confirmation in the apps for sign-in and payment approval.
CrassulaRails your customers can use
Rules that change what you have to build, in the order they apply.
DORA applies to Bulgarian EMIs. The 2025 amendments to the payments law tie the licence conditions on ICT and incident reporting to DORA.
Amendments to the payments law take effect. A safeguarding account may now also be held at a central bank, not only at a bank.
Bulgaria adopts the euro. Lev balances convert at 1.95583, the EMI capital requirement reads EUR 350,000 and the BNB review fee becomes EUR 5,000.
Payee name checks and equal charges for instant and regular euro transfers apply in Bulgaria, one year after the euro arrived.
Bulgarian EMIs that offer euro transfers must be able to send and receive them instantly.
PSD3 and the Payment Services Regulation are expected to apply, with e-money moving under the payment institution framework.
The file goes to the BNB in Bulgarian, so every late change to the IT sections costs a second round of translation. We set up a working environment first and write the technical parts around it, so the text you translate is the text that stays.
Talk to us about your applicationCrassula provides technology and documentation support. We do not provide legal or regulatory advice and cannot guarantee the outcome of an application.
A configured environment to show the regulator, not slides.
IT architecture, authentication, ICT risk and DORA, outsourcing and continuity sections, written in English for translation into Bulgarian.
Banking, safeguarding and KYC providers from our network, matched to your licence.
Picture a team that wants to give Bulgarian freelancers a euro account with a card, opened in ten minutes and run entirely in Bulgarian. They form an OOD, pay in the capital and send the BNB their application with a branded demo environment already running.
The BNB has three months to decide. When it asks for more documents, the team has up to two months to provide them, and a fresh three-month period starts once they arrive. The team uses that time to agree a safeguarding account with a bank and test card issuing with its partner. After the licence, it opens sign-ups in Bulgaria and notifies its passport for Romania and Greece.
Background reading: the Bulgaria EMI and PI guide and our overview of EMI licensing in the EU.
The questions teams ask us before a first call.
Not covered here?Bring your question to a demo with our team.Tell us your licence and country. We will map the rails, providers and documents you need.
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