Startups in Bulgaria usually want an account that opens fast, keeps early costs low, and handles foreign income and team spending. Digital providers such as Revolut Business and Wise Business fit the early stage, while a traditional bank is needed for the capital accumulation account at registration.
Suits Startups best
Revolut Business for team cards and speed, Wise Business for foreign income
Typical monthly fee
EUR 0 on entry digital plans, up to about EUR 30 a month on richer plans
Non resident position
Possible. Digital providers can open remotely, while traditional banks expect documents and often local presence. Verify with the provider.
Providers that fit
2 digital providers commonly fit, plus traditional banks
Fees and features as of 25 December 2025Last reviewed 25 December 2025
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
Startups in Bulgaria need to register the company, deposit share capital, then run lean banking with cards, foreign income and clean records as they grow. A licensed bank handles the capital accumulation account at registration, and a digital provider often handles day to day banking. Bulgaria is in the euro area and SEPA, so euro flows are cheap and fast. Figures below are shown as of 25 December 2025, so confirm current terms with the provider before applying.
What Startups in Bulgaria need from a business account
Early stage companies want a low fixed cost, a quick opening once the company is registered, cards for founders and staff, and the ability to receive foreign income from customers or investors. They also value exports that drop into accounting tools. A licensed bank is required for the capital accumulation account when forming the company, after which many startups run operations through a digital provider. The main differences between providers are opening speed, monthly cost, foreign exchange, and card and expense tooling.
R
Revolut Business
All in one account with team cards, spending limits and accounting integrations, opened online for Bulgarian companies. Cash deposits are not supported.
Multi currency account that receives income in many currencies at the mid market rate, useful for foreign customers and investors. No cash deposits and limited lending.
These providers accept startups in Bulgaria. Fees and eligibility shown as of 25 December 2025. Confirm current terms with the provider before applying.
It depends on your stage. A digital account from Revolut Business or Wise Business opens quickly and keeps early costs low, with team cards and multi currency support, while a traditional bank such as UniCredit Bulbank is needed for the capital accumulation account at registration and helps later with lending. Compare the features you use and verify current terms with the provider. This is general information, not advice.
How fast can a Bulgarian startup open a business account?
Digital providers can open online once the company is registered, often within days, subject to verification. A traditional bank current account can take roughly 5 to 14 working days, and longer for complex or foreign owned structures. Timelines vary, so confirm with the provider.
Can a startup with foreign founders open an account in Bulgaria?
Often yes, but expect more checks. Bulgarian residency is not legally required, yet many banks expect at least one representative with local presence and apply extra anti money laundering review for foreign owned companies. Digital providers can be more flexible for remote opening. Treat acceptance as something to confirm with the provider.
What currency are startup accounts in Bulgaria held in?
The euro. Bulgaria adopted the euro on 1 January 2026 at the fixed rate of 1.95583 lev per euro, and the euro became the sole currency on 1 February 2026, so new business accounts are held in euro. Confirm current terms with the provider.
Fees, features, and eligibility change and vary by region. This page was last reviewed on 25 December 2025. Confirm current terms with the provider before applying.