Evrotrust
Bulgarian qualified trust service provider offering remote identity verification, eIDAS-recognized eID and qualified electronic signatures.
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Evrotrust is a Sofia-based qualified trust service provider that offers a mobile app for digital identity, remote identification and qualified electronic signatures for banks, telecoms and public bodies.
Its eID scheme was recognized under eIDAS in 2023. It raised EUR 2.5M in 2023 and EUR 3.3M in 2024 led by Silverline Capital. Founding year differs by source (2015 to 2018).
Innovation Matrix Assessment
Moving from signatures to a notified eID scheme under eIDAS shows steady progress.
Provides regulated, legally recognized identity proofing and signing.
Reported 1.3 million users and 150 enterprises in 2024; dates vary by source.
Qualified status is a regulatory moat but the technology is standard.
eIDAS qualification is an independent regulatory credential.
EU digital identity regulation sustains relevance.
Why CISOs Should Care
Regulated identity proofing and legally binding signatures matter for onboarding and fraud-resistant digital contracts in the EU.
What Makes It Different
Operates as a qualified provider with notified eID status under eIDAS rather than only as a software vendor.
The Matrix Verdict
53/100 — INCREMENTAL INNOVATOR
Evrotrust is an Incremental Innovator whose strength is regulatory standing rather than technical novelty.
Editorial Note: Claims vs. Verified Findings
User and customer counts vary across sources and dates; founding year is inconsistent (2015, 2016, 2018). Funding totals from aggregators are unverified.
Sources
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