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Press release

Paysafe Bulgaria is the Largest Software Company in the country

Capital 100 Ranked Paysafe Bulgaria as First Among the Largest Software Companies in Bulgaria in 2016 

SOFIA, Bulgaria, July 10, 2017 Paysafe Bulgaria was awarded as the biggest software company in Bulgaria at Capital 100 ceremony on 6th July.

An annual event, the Capital 100 lists the largest companies in Bulgaria where the data is collected voluntarily by the companies as well as public sources of information, regulatory authorities and from databases.

Currently a significant percentage of over 2,200 people employed by Paysafe globally are in Bulgaria, with approximately 150 working on product development and software engineering. Paysafe Bulgaria also has a lot of other technology experts such as infrastructure support specialists. In more operational areas, the company has customer service teams and а large financial team. Paysafe Bulgaria mainly support the digital portfolio, as well as small parts of the other two payment processing departments and paysafecard, prepaid online payment solution.

Sofia is now the largest office out of Paysafe’s global offices and will continue to be a very important development, technology and operations centre for the company. Plans to grow the Software teams are already in place with a paid Paysafe Bulgaria Internship Programme initiative at the heart of these plans. Paysafe Bulgaria is also expanding its office space at its Capital Fort office to support the continuing growth of the software development team.

 “We are very competitive on the part of the remuneration and social benefits. Our office environment was ranked 7th in the world by the design offices by Office Snapshots. Our software developers have the opportunity to work on the development of one of the main products of the global company, which is relatively rare as a professional opportunity in Bulgaria,” said Miroslav Bojilov, General Manager, Paysafe Bulgaria.

There are two main reasons for growth in 2016. One is the fact that this was the first full fiscal year after Optimal Payments acquired Skrill in August 2015. The second reason was that Paysafe Bulgaria has organic growth in its business and as a result more staff has been hired in Sofia to sustain this growth. In 2016, the global company Paysafe for the first time earned $1bn and $300m EBITDA which is also reflected in Paysafe Bulgaria's financial results.



About Paysafe

Paysafe provides digital payments and transaction-related solutions to businesses and consumers around the world. Paysafe is redefining payments by enabling fast, convenient and secure ways to pay before, pay now and pay later through its payment processing, digital wallets, prepaid solutions and card issuing, and acquiring products and services. We believe that every point of every payment should be relevant, simple and secure. With two decades of experience, Paysafe is trusted by businesses and consumers to move and manage money through more than 100 payment types and 40 currencies. Paysafe offers multi-platform products with an emphasis on emerging payment technologies including mobile. Paysafe's brand portfolio includes NETELLER® and Skrill®, MeritCard, paysafecard®, payolution®, Income Access and FANS Entertainment. Paysafe Group plc shares trade on the London Stock Exchange under the symbol (PAYS.L). For more information, visit: www.paysafe.com.


For more information, please contact:

Paysafe Group plc
Corporate Communications

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