MFG Invest invests in start-up and growing companies in the field of fintech, e-commerce, development and distribution of new technologies. Part of MFG Invest's current portfolio are the companies eBag, Boleron, Tiger Technology, Eleven Capital, Payhawk, LogSentinel, Settle, KOA, Pop, Vedamo and Ondo.

The funds raised will be used for investments in new companies, as well as for subsequent investments in companies already in the company's portfolio. MFG Invest is looking for dynamic companies with highly motivated management who are fully committed to achieving business success and share a common vision and values.

When evaluating investments, the company focuses on two important factors - the team, together with the founders, and the technological solutions. The company's business idea and business model, their uniqueness, the possibility of scaling the activity in foreign markets, the competitive environment and what advantages the company has over its direct competitors are also evaluated.

The total amount of investments made by MFG Invest to date is slightly over BGN 9 million, and the total valuation of all companies in which the company has invested is around BGN 2 billion.

The planned new investments as a result of the capital increase are:

• Tiger Technology – additional investment;
• Infinno – new investment. The company offers software solutions for the banking and financial sector;
• NewPay – new investment; BNPL (Buy Now, Pay Later) company;
• Eleven Fund III Cooperatief U.A. Netherlands - additional investment.