Evrotrust

Evrotrust is a Sofia-based Bulgarian technology company specializing in digital identity and qualified trust services. Founded in 2018 by financial specialist Konstantin Bezuhanov and e-government expert George Dimitrov, the company developed services intended to let individuals and organizations establish identity remotely, complete regulatory onboarding, and execute legally recognized electronic transactions. Its early customer focus included businesses and public institutions, with UniCredit Bulbank identified as one of its first clients. The company’s core proposition combines mobile-based identity verification with trust services governed by the European Union’s eIDAS framework. Its platform supports remote identification, customer onboarding, know-your-customer and anti-money-laundering processes, electronic signatures, electronic delivery, timestamping, and related services. Identity verification may use identity-document or identity-attestation procedures, facial recognition, liveness detection, and checks against authoritative registers. The user-facing experience is primarily delivered through a mobile application for iOS and Android devices, allowing users to identify themselves biometrically and sign electronic documents without relying on physical paperwork or in-person visits. Evrotrust expanded its regional profile in 2021 through a partnership with Mastercard to implement digital identity services in North Macedonia. The initiative was described as one of the first nationwide digital identity implementations in the Balkans. In Bulgaria, the company reached a major regulatory milestone in 2023 when its electronic identification scheme was recognized under eIDAS as a notified electronic identification scheme. Following validation by EU member states and publication in the Official Journal of the European Union on July 5, 2023, the scheme became usable by citizens of EU member states for identification with participating businesses and organizations across the Union. The Bulgarian Council of Ministers subsequently designated Evrotrust’s scheme as the country’s official digital identity program. The company later expanded into Romania, where it was officially registered as an electronic identity service provider by Romania’s Authority for the Digitalization of Romania in 2024. Its longer-term strategy is linked to the European Digital Identity Wallet and the transition to eIDAS 2.0. Evrotrust has participated in wallet-related initiatives, including the WE BUILD Consortium, and has worked on credentials designed to be compatible with future European wallets, including capabilities such as selective disclosure and offline use. Evrotrust’s market positioning is that of a regulated digital-trust infrastructure provider rather than a consumer social or payments brand. It sells technology and compliance capabilities to organizations that need secure remote identity, signatures, and document workflows, while also providing an end-user application. The company has received recognition in Bulgarian and Central European technology circles, including selection as an Elevator Lab Bulgaria winner in 2018, inclusion in Deloitte’s Technology Fast 50 Central Europe ranking in 2022, and recognition among GRC Outlook’s listed KYC solution providers in 2023. In 2025, it was reported as participating in the Breaking Grounds Initiative and the WE BUILD large-scale pilot for the European Digital Identity Wallet. The available reference material does not establish a separate corporate parent, public listing, or a definitive standalone consumer website.

Evrotrust was established in Bulgaria in 2018 by Konstantin Bezuhanov and George Dimitrov. Bezuhanov brought a financial-services background, while Dimitrov was associated with e-government expertise. The company initially concentrated on qualified trust services for companies and public-sector bodies. UniCredit Bulbank was among its early customers, indicating an initial orientation toward regulated financial and institutional use cases rather than a purely consumer-facing application. Its service model developed around the use of mobile technology to replace conventional identity and signing processes. Through its application, users can undergo remote identity verification using techniques including facial recognition and liveness detection, while the service can also cross-check information against authoritative registers. Once verified, users can use the resulting digital identity to sign documents electronically and access services that require customer identification, KYC, AML controls, or eIDAS-compliant trust services. The platform also encompasses electronic delivery and timestamping functions. A significant regional step came in 2021, when Evrotrust partnered with Mastercard on digital identity services in North Macedonia. The project was presented as one of the first nationwide digital identity implementations in a Balkan country, helping establish the company as a provider of public-scale identity infrastructure rather than only a vendor of private-sector signing tools. The company’s most important regulatory development occurred in Bulgaria in 2023. Its electronic identification scheme was recognized under the EU eIDAS framework as a notified eID scheme. The recognition followed validation by EU member states and publication of the relevant information in the Official Journal of the European Union on July 5, 2023. This status allows the scheme to support identification by citizens of EU member states before businesses and organizations across the European Union, subject to the relevant service context. During the same year, the Bulgarian Council of Ministers designated the scheme as Bulgaria’s official digital identity program. Evrotrust subsequently expanded its regulatory footprint into Romania. In 2024, Romania’s Authority for the Digitalization of Romania officially registered the company as an electronic identity service provider. This move extended the company’s regional operating scope and placed its services within another national digital-government and identity framework. The company’s later development has been closely tied to the EU’s planned European Digital Identity Wallet. In 2025, Evrotrust joined the WE BUILD Consortium, a large-scale pilot concerned with testing wallet-related concepts, and worked on digital credentials intended to be compatible with eIDAS 2.0. The reported areas of focus include selective disclosure, offline functionality, and credentials that can be used in future wallet ecosystems. Evrotrust also participated in the Breaking Grounds Initiative, which promotes Bulgarian technology talent and investment opportunities. Reference material further reports that in November 2025 the company secured 6.6 million euros for work on the Bulgarian implementation of the European Digital Identity Wallet; the available material does not identify the financing structure or provide a separate source beyond the supplied reference. Recognition has included selection as an Elevator Lab Bulgaria winner in 2018, inclusion in Deloitte’s Technology Fast 50 Central Europe ranking in 2022, and a 2023 listing among GRC Outlook’s Top 10 KYC Solution Providers. These recognitions reflect the company’s emphasis on regulated onboarding, digital trust, and identity infrastructure. No reliable information in the supplied material establishes a public listing, corporate parent, acquisition history, or a distinct group structure.

• 2025

  Participation in European Digital Identity Wallet pilots

  [1]Evrotrusten.wikipedia.org

  Evrotrust joined the WE BUILD Consortium and worked on wallet-ready credentials for the emerging eIDAS 2.0 and European Digital Identity Wallet environment.

• 2025

  Reported financing for Bulgarian EUDI Wallet work

  [1]Evrotrusten.wikipedia.org

  The supplied reference reports that Evrotrust secured 6.6 million euros in November 2025 for development of the European Digital Identity Wallet in Bulgaria.

• 2024

  Romanian electronic identity registration

  [1]Evrotrusten.wikipedia.org

  Romania’s Authority for the Digitalization of Romania registered Evrotrust as an electronic identity service provider.

• 2023

  EU notification of Evrotrust’s eID scheme

  [1]Evrotrusten.wikipedia.org

  Evrotrust’s electronic identification scheme received notification under eIDAS after EU member-state validation and publication in the Official Journal.

• 2023

  Bulgaria’s official digital identity program

  [1]Evrotrusten.wikipedia.org

  The Bulgarian Council of Ministers designated Evrotrust’s eID scheme as the country’s official digital identity program.

• 2022

  Deloitte Technology Fast 50 Central Europe

  [1]Evrotrusten.wikipedia.org

  The company was included in Deloitte’s Technology Fast 50 Central Europe ranking.

• 2021

  Mastercard partnership in North Macedonia

  [1]Evrotrusten.wikipedia.org

  Evrotrust partnered with Mastercard on digital identity services in North Macedonia, supporting a nationwide identity implementation.

• 2018

  Company founded

  [1]Evrotrusten.wikipedia.org

  Konstantin Bezuhanov and George Dimitrov founded Evrotrust in Bulgaria to provide qualified trust services for businesses and government institutions.

• 2018

  Elevator Lab Bulgaria recognition

  [1]Evrotrusten.wikipedia.org

  Evrotrust was selected as one of the winners of the Elevator Lab Bulgaria competition.

A regulated European digital-trust and identity infrastructure provider combining mobile biometric identification, qualified electronic signatures, and compliance-oriented business integrations.

• Digital identity and electronic signature

  Evrotrust mobile application

  A mobile application for iOS and Android that enables users to verify identity remotely, use biometric checks, and sign electronic documents. It is designed to provide a convenient interface for digital identity and trust services without requiring a physical visit or paper-based signing process.

• Trust services · 2018

  Qualified trust services

  A business and government service portfolio covering qualified electronic signatures, electronic identification, electronic delivery, timestamping, and related services intended to meet requirements of the EU eIDAS regulatory framework.

• KYC and compliance technology

  Remote identity verification

  Identity-onboarding capabilities for organizations conducting KYC, AML, and customer-access processes. The workflow may use identity attestation, facial recognition, liveness detection, and comparisons with authoritative registries.

• Digital credentials · 2025

  European Digital Identity Wallet credentials

  Wallet-ready credentials and related infrastructure being developed for the European Digital Identity Wallet and eIDAS 2.0 ecosystem, with reported attention to selective disclosure and offline-capable use cases.

• 2025Breaking Grounds Initiative

  Bulgaria

  Evrotrust participated in the Breaking Grounds Initiative, which promotes Bulgarian technology talent and investment opportunities.

  Outcome. The supplied material identifies participation but does not provide a measurable campaign result.

  Source

• 2025

  European Digital Identity Wallet developmentStrategy

  Background

  The EU’s eIDAS 2.0 framework and European Digital Identity Wallet initiative created demand for interoperable, privacy-aware digital credentials.

  Action taken

  Evrotrust joined the WE BUILD Consortium and worked on wallet-ready credentials, including capabilities associated with selective disclosure and offline use.

  Aftermath

  The work positioned Evrotrust as a participant in European-scale digital identity wallet pilots. The supplied reference also reports 6.6 million euros of financing in November 2025 for Bulgarian wallet development.

  Reported financing. EUR 6.6 million (November 2025)

  Source

• 2023

  Designation of the Bulgarian eID schemeStrategy

  Background

  The company’s electronic identification scheme had completed the EU notification process under eIDAS.

  Action taken

  Following the Bulgarian Council of Ministers’ decision, Evrotrust’s scheme was designated as Bulgaria’s official digital identity program.

  Aftermath

  The designation strengthened Evrotrust’s role in Bulgaria’s digital-government identity infrastructure and supported cross-border EU recognition.

  Source

• 2021

  Regional expansion through Mastercard partnershipStrategy

  Background

  Evrotrust sought to extend its digital identity infrastructure beyond Bulgaria and enter a national-scale Balkan deployment.

  Action taken

  The company partnered with Mastercard to implement digital identity services in North Macedonia.

  Aftermath

  The initiative was described as one of the first nationwide digital identity solutions implemented in a Balkan country.

  Source

1. 1Evrotrusten.wikipedia.org