Software Group to Obtain an Investment Loan from the European Investment Bank

Software Group to Obtain an Investment Loan from the European Investment Bank

The global technology company Software Group signed an agreement with the European Investment Bank to obtain an investment loan of EUR 18 million. The European Investment Bank chose Bulgaria to fund a project with money from the European Strategic Investment Fund. Funding will be used in two areas – R&D and Innovation, Business Development and Marketing. Over the next three years, the company will focus on developing new technologies, platforms and products in the field of insurance, factoring and Internet of Things (IoT).

Software Group is a global technology company that is specialized in digitalization and integration solutions for institutions that provide financial services. Founded in 2009 and headquartered in Sofia, Bulgaria, it currently serves a worldwide client base from nine regional offices located in Australia, Bulgaria, Egypt, Ghana, India, Kenya, Mexico, the Philippines and the USA. The company’s vision is to accelerate financial inclusion by creating cutting edge technology solutions. Some of Software Group’s customers are organizations such as Bill & Melinda Gates Foundation, 7 out of the top 10 Microfinance networks, International Finance Corporation (IFC), Asia Development Bank, Asian Confederation of Credit Unions (ACCU), Access bank holding and many others. The company currently employs over 300 professionals around the world that develop solutions aiming to improve the quality of life of millions of people worldwide.

The global technology company Software Group signed an agreement with the European Investment Bank to obtain an investment loan of EUR 18 million. The European Investment Bank chose Bulgaria to fund a project with money from the European Strategic Investment Fund. Funding will be used in two areas – R&D and Innovation, Business Development and Marketing. Over the next three years, the company will focus on developing new technologies, platforms and products in the field of insurance, factoring and Internet of Things (IoT).

Software Group is a global technology company that is specialized in digitalization and integration solutions for institutions that provide financial services. Founded in 2009 and headquartered in Sofia, Bulgaria, it currently serves a worldwide client base from nine regional offices located in Australia, Bulgaria, Egypt, Ghana, India, Kenya, Mexico, the Philippines and the USA. The company’s vision is to accelerate financial inclusion by creating cutting edge technology solutions. Some of Software Group’s customers are organizations such as Bill & Melinda Gates Foundation, 7 out of the top 10 Microfinance networks, International Finance Corporation (IFC), Asia Development Bank, Asian Confederation of Credit Unions (ACCU), Access bank holding and many others. The company currently employs over 300 professionals around the world that develop solutions aiming to improve the quality of life of millions of people worldwide.