Ergon Solutions - Digital Banking Infrastructure Provider

Company: Ergon Solutions

Representative: Vasily Piatidis

Position: Head of Marketing

How would you explain your business in one sentence to your grandmother?

Digital Banking Infrastructure Provider offering API connectivity and full Banking Solutions to other Fintech companies and to end clients through its own White Label Program, "28".

Where did the idea come from and what problem does it solve?

Fragmented market, lack of API connectivity options between corporations and EMIs making it difficult for corporations and business to operate at maximum efficiency in both regional and international markets.

How did you form a team? How do you know each other, why did you decide to work together?

The core of the team has been involved in the same Fintech projects for around a decade.

Was there a moment that almost turned you down?

 Never.

The biggest mistake so far?

The biggest mistake was not becoming earlier a member of BESCO!

The most valuable advice you would give to those after you?

Never give up.

How do you resemble the Bulgarians and how do you differ from them?

The Bulgarians are hard working and we believe we are too.

Why is Bulgaria a good (or bad) place to start a business?

People tend to believe that Bulgaria is just a cheap business destination. While Bulgaria is a cost - effective destination to operate a business, it does not mean that there is any compromise in the quality of the business ecosystem. The truth of the matter is that the Bulgarian business ecosystem is characterized by quality. Being cost - effective is a plus however one of the key factors stimulating economic growth is its human capital.

If you have a magic wand, which partner or investor would you like to bring to the team?

We would opt for an investor with a deep knowledge of the Fintech Market and Industry that would help us grow on a faster pace whilst planning for the future.

What are your goals? Where do you want to go from here on out? 

Our goal is to grow our business first at a regional level and then at an international level.