Borica
Borica is a European (EEA-based) fintech-infrastructure provider (Issuer processing, Local payment schemes). Verified at source - licence, regulator and registry reference. Active
Free for buyers: describe your use case and we check it against Borica and verified alternatives - licence, data residency, fit for your market - then introduce you to the right person. Reply within 1-2 business days.
Who it's for
Borica is built for card programmes that need the authorisation switch between issuer and scheme. As an unlicensed vendor, regulatory obligations stay on the client's side.
Sovereignty profile
- Data residency (EEA): Yes - hosted in the EEA - GDPR / CLOUD Act safe
- Company origin: EU core (Bulgaria)
- Ownership / control: no change of control on record
- Card scheme: European domestic scheme available (rare)
What Borica does
Verified licence profile
Borica (Bulgaria; owned by 19 Bulgarian banks) - national card switch and processor operating the Bcard national scheme, and a TPP for Visa/Mastercard. Licensed by the Bulgarian National Bank (3 payment systems).
Verified 2026-06-25. How we verify → · Official website: borica.bg · Spotted something out of date? Report a correction.
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FAQ
Is Borica European / EEA-based?
Yes. Borica hosts data in the EEA (GDPR / CLOUD Act safe); origin EU core, Bulgaria.
What does Borica do?
Borica covers: Issuer processing, Local payment schemes. Verified at source by Fintechnologica.
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