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Hypoport's Bulgarian unit to open new office in Sept, expand team

Hypoport's Bulgarian unit to open new office in Sept, expand team Photo: Hypoport Sofia/All rights reserved.

SOFIA (Bulgaria), August 11 (SeeNews) - Hypoport Sofia, part of Germany's fintech services provider Hypoport Group, will open a new office building in the Bulgarian capital at the end of September, in line with its headcount expansion plans, the company told SeeNews on Wednesday.

The investment in the new office is in the medium single-digit million euro amount, Hypoport Sofia said in an e-mailed response to a SeeNews enquiry.

The construction of the office building, located near the Paradise shopping mall in Sofia, was completed in July. Works on the interior of the building are ongoing, the company said.

Hypoport Sofia, which currently employs 55 people, plans to grow its team by an annual 20-30% in the next few years. The company is mainly looking for software developers working with Java, .NET, C#, PHP and JavaScript.

The companies from the Hypoport Group are focused on speeding up the digitalisation process by developing innovative B2B solutions for the credit and insurance sectors, as well as for the real estate sector, Hypoport Sofia said in a statement published earlier on Wednesday.

The Hypoport Group is among the market leaders in the fintech industry in Germany - it cooperates with over 800 banks and has a network of more than 30 companies with over 2,200 employees in Europe, according to the statement.

Hypoport Sofia is the first international location of the Hypoport Group, which consists of about 30 fintech companies that interact and raise synergies through collaboration, according to information published on the website of the Bulgarian firm.