The Governing Council of the BNB has granted a licence to ‘MUVU Bulgaria’ EOOD to operate as an electronic money institution

PRESS RELEASE

27 August 2026

Today, the Governing Council of the Bulgarian National Bank (BNB) has granted a licence to 'MUVU Bulgaria' EOOD to operate as an electronic money institution pursuant to Article 37, paragraph 2, in conjunction with Article 12, paragraph 1 of the Law on Payment Services and Payment Systems (LPSPS), after having established that the applicant has provided all the required information and documents and complies with the conditions for granting a licence under Article 10 of LPSPS and the requirements of BNB Ordinance No 16 of 29 March 2018 on Granting Licenses and Approvals, Entry into the Register under Article 19 of the LPSPS, and Requirements to the Activity of Operators of Payment Systems with Settlement Finality.

Pursuant to Article 42, paragraph 1, item 1 of LPSPS, the company has notified the BNB that it intends to provide payment services under Article 4, item 3, (b) and (c), and item 5 of LPSPS as an additional activity.