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UK-based fintech co Phos starts ops in Bulgaria via partnership with Borica

Author Vasil Kolchev
UK-based fintech co Phos starts ops in Bulgaria via partnership with Borica Image: Phos

SOFIA (Bulgaria), January 18 (SeeNews) - UK-based fintech company Phos said on Tuesday it entered the Bulgarian market through a partnership with local online card payment services provider Borica.

"This partnership makes our innovative [software-only Point of Sale system] SoftPoS solution available to Bulgarian banks, allowing them to offer customers the ability to turn any [near-field communication] NFC-enabled Android device into a payments terminal, it said in a LinkedIn post.

Phos is the sole owner of Phos Bulgaria, founded in 2018, which also develops its parent company's technology solutions.

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