Borica
Borica is a European (EEA-based) fintech-infrastructure provider (Issuer processing, Local payment schemes). Verified at source - licence, regulator and registry reference. Active
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)
- 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 How we verify → · Spotted something out of date? Report a correction. · Are you Borica? Work with us →
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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.