Complete Digital Transformation for Mashreq

Client at a glance

13Countries of operation
Since 2000Listed on DFM
57 yearsEstablished in 1967

Digitizing the Future of Banking

Through advanced architecture, seamless collaboration, and rapid digitization, Mashreqbank is transforming customer experiences across all channels. By reducing reliance on legacy systems and introducing scalable solutions, we enabled Mashreq to maintain its leadership in the competitive financial sector while setting a new benchmark for digital innovation.

Challenge

Mashreqbank PSC, the UAE’s oldest privately-owned bank, launched an ambitious initiative to completely transform all its customer-facing channel applications. The scope included digitizing their Mobile Banking, Desktop Banking, Credit Cards Marketing, KYC, and Branch Service Tablet applications.

The initiative faced several challenges:

  • Time Constraints: The MVP phases for all applications were planned to roll out simultaneously within one year—a tight timeline for such a large-scale transformation.
  • Complex Collaboration: With over 40 team members spanning multiple vendors, in-house squads, and McKinsey Digital, seamless communication and alignment were essential to deliver the project on time.
  • Legacy Infrastructure: The existing middleware (ESB) exposed functionalities to all applications, creating bottlenecks and latency issues that could impact performance.
  • Performance and Scalability: The architecture needed to handle high traffic, ensure security, and support future growth while detaching from legacy dependencies.

Our Approach

To address these challenges, we focused on creating a unified backend infrastructure and delivering an MVP for the Branch Service Tablet application.

Key actions included:

  • Backend Transformation:
    • Developed a scalable, modern backend using Java Microservices with the Spring Framework and Spring Cloud, following Domain-Driven Design (DDD) principles.
    • Addressed performance issues with the legacy middleware by implementing the CQRS pattern and efficient caching at the backend layer.
    • Introduced two intermediary layers to streamline communication with the ESB, reducing bottlenecks and improving system performance.
  • Automated CI/CD Pipelines:
    • Implemented deployment pipelines for Continuous Integration (CI) and Continuous Delivery (CD), enabling autonomous deployment of microservices in staging and production environments.
  • Digitization of Branch Services:
    • Developed the MVP for the Branch Tablet Application, digitizing and automating over 50 service journeys in just three months, including:
      • Funds Transfers
      • Print Statements
      • Transaction Dispute Requests
      • Cheque Book Requests
      • Card Replacement
      • Account Closure (reduced from one week to minutes)

Impact Delivered

  • Scalable Backend Architecture: Delivered a unified backend for all frontend channels, reducing dependency on legacy infrastructure and enabling future expansion.
  • Enhanced Development Efficiency: CI/CD pipelines improved the development process, enabling faster, independent deployments.
  • Accelerated Service Delivery: Automated over 50 customer-facing service journeys, improving operational efficiency and customer satisfaction.
  • Successful MVP Launch: Deployed the MVP Branch Tablet Application at Dubai Mall, marking the first step in Mashreq’s digital transformation journey.

Expertise and Scope

  • Deliverables: Fully-featured MVP Branch Tablet Application
  • Technology Stack: Java 8, Spring Framework (Boot, Batch, Cloud, Redis), RabbitMQ, MSSQL, React Native, Azure DevOps
  • Team: 5 Backend Developers, 4 Frontend Developers

Wiser Technology Enters the Stock Market Index of the 30 Largest Bulgarian Public Companies

In brief

  • Wiser Technology, enters the BGTR30 index of the Bulgarian Stock Exchange.
  • Wiser is among the 40 most traded companies on the Bulgarian Stock Exchange.
  • Listed on the Premium segment of the BSE.

Sofia, Bulgaria, September 25th, 2024 – With the September 2024 rebalancing of the stock market indices, Bianor Holding AD (BSE: BNR), operating under the brand Wiser Technology, enters the BGTR30 index of the Bulgarian Stock Exchange (BSE), featuring the thirty largest companies by market capitalization.

In March this year, Wiser entered the index of the forty most traded companies on the Bulgarian Stock Exchange, BGBX40, and has been consistently one of the most traded stocks since. On September 16th, Bianor became the tenth company listed on the Premium segment of the BSE.

Over the past twelve months, the company revenue grew 192%, the market capitalization 209%, and the share price 86% to €3.07 per share. Wiser Technology is currently raising up to €12.5M through a new capital increase via the Bulgarian Stock Exchange to continue its expansion.

Digital Transformation for Coca Cola Istanbul

Client at a glance

since 2015BIST Sustainability Index
60 yearsEstablished in 1964
26 Plantsserving 10 countries

Empowering Coca-Cola Istanbul’s Digital-First Future

With 26 production plants across 10 countries, Coca-Cola Istanbul (CCI) produces and distributes beverages for 400 million consumers. In 2018, the company initiated a digital transformation to streamline operations and enhance its customer-focused capabilities. Our partnership with CCI enabled the successful delivery of foundational projects, positioning the company as a digital-first leader in the FMCG sector.

Challenge

Coca-Cola Istanbul (CCI), the sixth-largest bottler of Coca-Cola globally, embarked on an ambitious digital transformation journey to optimize processes, enhance customer experience, and streamline operations. With a sprawling legacy IT infrastructure and numerous vendor dependencies, the company established a new Digital Unit to spearhead these efforts.

CCI’s goals included delivering several large-scale internal projects such as Digital Customer Experience, Loyalty Management, and the high-priority NextGen CRM. However, the chosen eBest SFA solution, designed to automate sales processes, failed to meet their integration needs with existing ERP systems. Facing a tight deadline, CCI required a partner to co-lead the initiative, providing technical expertise, agile delivery, and operational alignment across all regions.

Our Approach

We partnered with CCI to co-lead their digital transformation and deliver critical projects under their Digital Unit. Our work focused on optimizing processes, accelerating delivery timelines, and enhancing visibility into program progress.

Key actions included:

  • Program Audit: Conducted a comprehensive evaluation of the program structure, goals, and progress, culminating in a detailed Management Improvements Report.
  • Team Restructuring: Introduced cross-functional squads and strengthened technical leadership, fostering greater collaboration and accountability.
  • Agile Practices: Improved requirements-gathering processes and implemented agile templates and procedures to standardize workflows.
  • Standardized Criteria: Established clear technical design standards and introduced Definition of Ready (DoR), Definition of Done (DoD), and acceptance criteria to align team deliverables.
  • Delivery Velocity: Implemented changes that quadrupled the velocity of delivery teams, enabling efficient monthly delivery cycles.

Impact Delivered

  • 4X Velocity Improvement: Accelerated delivery team performance, significantly boosting project timelines and efficiency.
  • Streamlined Delivery Cycles: Established monthly delivery cycles, enhancing progress visibility and improving management oversight.
  • Enhanced Program Goals: Improved team planning and commitment, aligning all efforts with the strategic objectives of the digital transformation initiative.

Coding for a Safer World

Client at a glance

32Member States
3.8MActive personnel globally
75 yearsEstablished in 1949


A Legacy of Global Security

For Wiser, participating in NATO AGS was more than a technical challenge—it was an opportunity to contribute to a mission that strengthens global security. As one of the youngest NATO member countries, this project was a milestone, not just in technical achievement but also in the emotional satisfaction of helping build a safer world for future generations.

Responding to Modern Threats with Advanced Surveillance

The NATO AGS program, with a $1.7 billion budget, represents one of NATO’s largest and most comprehensive surveillance initiatives. Built around five Northrop Grumman RQ-4D aircraft and an integrated Ground segment, AGS provides the Alliance with unrestricted access to persistent surveillance data in near-real-time. This seamless system strengthens NATO’s ability to respond to global challenges with precision and agility.

Our Role in a Multinational Effort

Wiser was one of two Bulgarian companies selected to contribute to NATO AGS, collaborating with prime contractor Northrop Grumman and major subcontractors, including Leonardo. By navigating the unique challenges of NATO standards and stringent security protocols, Wiser delivered solutions that met the program’s high demands and contributed to a safer world.

Wiser proved to be a trustworthy partner, which we recommend for other projects as well. Their team is highly professional, diligent, and great to work with.

Franco Berretti, Program Manager, NATO Programmes at Leonardo

Challenge

In a world increasingly characterized by security challenges—including crises in Europe, the Middle East, and North Africa, as well as global natural disasters—NATO faced the need for timely and coherent intelligence. The Alliance Ground Surveillance (AGS) program, one of NATO’s most ambitious initiatives, aimed to deliver unrestricted, near-real-time access to wide-area terrestrial and maritime surveillance data. This required a robust software infrastructure capable of processing and managing massive amounts of data while adhering to NATO’s stringent standards.

Our Approach

As part of the NATO AGS initiative, Wiser developed mission-critical software to support the Ground segment at the Main Operating Base in Sigonella, Italy. Our work focused on enabling seamless integration between airborne radar systems and ground stations, ensuring the secure and efficient handling of motion and imagery data streams.

Key contributions included:

  • Data Stream Processing: Developed a software module capable of processing multiple simultaneous data streams received by the Front End Processor from external sources such as aircraft and ground radars.
  • Metadata Extraction: Designed functionality to extract metadata and telemetry information from synchronous feeds, converting it into engineering data structures for storage, management, or visualization.
  • Standards Compliance: Delivered solutions adhering to NATO standards (STANAG 7023 & STANAG 4609), ensuring interoperability and alignment with Alliance requirements.
  • Visualization Tools: Created tools to support real-time visualization of up to 12 simultaneous video streams and geoTIFF decoding, enhancing situational awareness.

Impact Delivered

  • Enhanced Situational Awareness: Improved in-theatre intelligence capabilities, enabling effective decision-making in complex environments.
  • Real-Time Data Processing: Delivered uninterrupted handling of mission-critical information, supporting NATO’s response to diverse challenges, including military conflicts, humanitarian crises, and disaster recovery.
  • Scalable Architecture: Provided a robust software infrastructure capable of managing massive data loads under stringent security requirements.

Expertise and Scope

  • Deliverables: Software decoders, video visualization tools, and geoTIFF decoding
  • Technology Stack: Java, C, C++, C#, NATO STANAG 7023 & STANAG 4609

Enterprise Transformation with Advanced Software Solutions for BOSCH

Client at a Glance

$91BAnnual revenue
400,000Employees worldwide
60Countries of operation

Pioneering Digital Transformation for a Global Leader

By leveraging Wiser’s expertise, Bosch accelerated its digital transformation, fostering innovation across its key business units. This collaboration empowered Bosch to stay ahead of the competition, harness emerging technologies, and maintain its position as a global industrial leader.

Challenge

As a global leader in industrial engineering, Bosch faced the dual challenge of transforming into a digital-first organization to meet evolving consumer demands while staying competitive against industrial giants from the US and Asia. At the same time, Bosch sought to leverage its vast data assets to explore emerging AI/ML technologies. To maintain its leadership position, Bosch needed external expertise to complement its in-house engineering teams and accelerate innovation across multiple domains.

Our Approach

Since 2021, Wiser has partnered with Bosch Digital (formerly Bosch.IO), the IT subsidiary of the Bosch Group, to support its transformation journey. Collaborating closely with Bosch’s engineering teams, Wiser contributed talent and expertise across a range of cutting-edge projects, including:

  • Manufacturing at Scale: Developed digital tools using Java and Angular to optimize industrial manufacturing processes.
  • AI/ML Research: Conducted research and Proof-of-Concept (PoC) projects involving knowledge graphs to enhance data insights and decision-making.
  • Mobile Development: Built Android applications to support Bosch’s digital ecosystem.
  • Anti-Counterfeit Solutions: Delivered digital solutions to secure physical goods against counterfeit risks.
  • Cloud Application Development: Implemented an open-source cloud stack for scalable application development.

Our teams worked in a hybrid collaboration model, combining remote and onsite work at Bosch and Wiser offices. Depending on project needs, Wiser’s specialists traveled to Stuttgart or other Bosch locations for workshops, technical conferences, and strategy sessions.

Impact Delivered

  • Enhanced Manufacturing Efficiency: Improved manufacturing at scale with digital tools, driving operational excellence.
  • Innovation with AI/ML: Delivered PoC projects using advanced AI/ML techniques, positioning Bosch for future technological leadership.
  • Optimized Customer Experience: Digitized customer-facing applications, enriching user engagement and satisfaction.
  • Scalable Development Solutions: Provided Bosch with robust cloud-based tools to enable seamless application development.

Expertise and Scope

  • Tech Stack: Java, Python, PHP, DevOps tools, Angular
  • Focus Areas: Manufacturing optimization, AI/ML research, Android app development, digital anti-counterfeit solutions

Wiser Technology Secures a Strategic Contract with the European Defense Agency

In brief

  • Bianor Services, a subsidiary of Wiser Technology (“Bianor Holding” AD) (BSE: BNR), has signed a strategic contract with the European Defense Agency (EDA)
  • The latest contract is for the E2C (European Command and Control System) project, financed by the European Defense Fund (EDF)
  • The E2C project spans 24 months, with a total consortium value of €47M. INDRA

Sofia, Bulgaria, September 19th, 2024 – Bianor Services, a subsidiary of Wiser Technology (“Bianor Holding” AD) (BSE: BNR), has signed a strategic contract with the European Defense Agency (EDA) as part of a consortium led by the defense industry leader – INDRA.

Since 2020, Bianor Services has been a key participant in seven projects supported by European Commission programs, aiming to enhance defense and security cooperation in Europe. Currently, the company is actively engaged in five of these projects. Among the main R&D topics is enhancing cybersecurity through AI-based technologies.

We are honored that a prominent defense industry contractor, such as INDRA, has again invited us to join them.

Kosta Jordanov, CCO at Wiser.

The latest contract is for the E2C (European Command and Control System) project, financed by the European Defense Fund (EDF). E2C is a follow-up to the ESC2 (European Strategic Command and Control System), initially launched in 2020 with funding from the European Defense Industrial Development Program (EDIDP). The E2C project spans 24 months, with a total consortium value of €47M. INDRA, the Spanish defense industry leader, is the project coordinator. Other consortium participants include industry and defense forerunners such as the Italian Leonardo and the Bulgarian Defense Institute, as well as entities from Austria, Germany, Denmark, Estonia, the Netherlands, and Portugal.

“We are honored that a prominent defense industry contractor, such as INDRA, has again invited us to join them,” stated Spartak Kabakchiev, CCO of Wiser Technology. “We believe that the synergy within the Wiser group will enable us to contribute significantly to such large-scale projects, providing enhanced value to our partners and reinforcing European security,” Kabakchiev added.

The EC2 project is pivotal for supporting operations and missions under the European Union’s Common Security and Defense Policy. It aims to deliver a multifunctional command and control solution, ensuring centralized management of operational capabilities and interoperability across all government institutions. The project scope includes research, design, prototyping, and system testing.

Wiser’s mission is to empower visionary technologies to drive positive change in the surrounding environment and our everyday life. The company aims to be among the leading European software services vendors, delivering technological innovation, specialized knowledge, and engineering excellence. Among the top-tier Wiser’s clients are Airbus, Leonardo, Indra, IBM, IAV, UniCredit, ProCredit, EMAAR, Nokia, DirecTV, Bosch, Legrand. The company partners with technology leaders such as IBM, Amazon, Google, Microsoft, SAP, McKinsey Digital, and E&Y Digital.


About the European Defence Fund

The European Defence Fund (EDF) is an EU program that supports companies across the Member States in developing competitive and collaborative defense projects that deliver innovative and interoperable defense technologies and equipment. EDF provides financial support for the R&D of defense-related products and technologies throughout their entire life cycle – from research to prototype development, testing, attestation, and certification.

Mobile Corporate E-Banking App for First Abu Dhabi Bank

Client at a glance

#1 bank In the UAE
The Most SecureIn the Middle East
USD 3.4 billionNet profit for 2021

Reimagining Corporate Banking for the UAE’s Largest Institution

With the launch of a next-generation mobile banking app, FAB has reinforced its position as a leader in corporate banking innovation. The partnership with Wiser enabled FAB to expand its digital capabilities, delivering a world-class user experience and setting a new standard for omnichannel banking in the region.

Challenge

First Abu Dhabi Bank (FAB), renowned for its innovation and security, sought to enhance its mobile presence for corporate customers. While FAB already had a robust web banking platform, its existing mobile app lacked the comprehensive functionality and modern design required to meet the needs of SMEs and decision-makers.

The challenges included:

  • Limited Mobile Functionality: The app offered only a few core banking features, leaving a gap in functionality compared to the web version.
  • Outdated Design: The mobile interface needed a significant overhaul to deliver a modern, user-centric experience.
  • Fragmented Customer Journey: Interruptions in the user journey made the banking process feel lengthy and frustrating, diminishing the customer experience.

FAB’s goal was to provide a seamless, omnichannel experience that empowered corporate users to manage global transactions anytime, anywhere.

Our Approach

To address FAB’s needs, we partnered with the FAB Innovation Lab to design and deliver a fully-featured, next-generation mobile banking app for corporate customers.

Key actions included:

  • Modernized Design: Revamped the app’s user interface (UI) to create a visually appealing, intuitive, and engaging experience tailored to corporate users.
  • Enhanced Architecture: Leveraged Clean Architecture and SOLID Principles to ensure the app’s robustness, scalability, and maintainability.
  • Expanded Functionality: Integrated core banking features, including global cash position overviews, beneficiary approvals, and payment management, ensuring feature parity with the web platform.
  • Streamlined Development: Applied meticulous planning and documentation to align product development and release cycles with FAB’s strategic goals.

Impact Delivered

  • Enhanced User Experience: Delivered a modernized and immersive UI, meeting and exceeding user expectations.
  • Omnichannel Banking: Enabled a seamless experience across web and mobile, empowering users to manage global transactions effortlessly.
  • Scalable Application: Developed a robust and maintainable mobile app architecture, ensuring long-term scalability and reliability.
  • Accelerated Development Cycles: Streamlined product development and release processes, supporting FAB’s ongoing digital transformation goals.

Expertise and Scope

  • Deliverables: Fully-featured mobile banking app for Android and iOS
  • Tech Stack: Flutter
  • Team: 7 Flutter Developers, 1 Project Manager

OTT Video Streaming Platform Migration – Insights & Challenges

The environment

In the ever-evolving landscape of video streaming, growth often demands a transition to more powerful and flexible platforms. Recently, we faced such a challenge with a client who had outgrown their current platform hosted on Vimeo. The task at hand was not just a migration – it was a strategic move to a dedicated, robust, Over-the-Top (OTT) platform tailored to meet the growing demands of their audience.

The steps

  • Content Migration
  • User Data Migration
  • Integration with 3rd Party Platforms
  • Payment System Transition
  • Switch Over Planning

Content migration: A herculean task

Migrating content is the most visible and critical part of the transition. This isn’t just about moving video files—it’s about transferring the entire ecosystem: video assets, metadata, subtitles, artwork, and more. The complexity and volume of data made this task more time-consuming than anticipated, highlighting the need for meticulous planning and execution in content migration.

User data migration: Maintaining continuity

User data migration is a sensitive and intricate process. Our task was seamlessly moving user accounts, profiles, settings, watch history, and recommendations. The challenge lay in mapping the legacy data architecture and transferring relevant data to the new system. A crucial aspect of this was handling passwords, which had to be transmitted in hashed form to maintain security and user trust.

Integration with 3rd party platforms

The new OTT platform demanded the integration of fresh APIs, SDKs, and infrastructure. This step was crucial to support the enhanced features and functionality we envisioned for the platform. Adapting to these new technical requirements was a significant hurdle but essential for the long-term scalability and flexibility of the platform.

Payment system transition: InPlayer integration

A subtle yet vital aspect of our migration strategy was the integration of InPlayer for payment processing. This switch was a technical update and a strategic move to enhance user experience and streamline revenue generation.

Switch over planning: The final leap

The final transition from the old to the new platform required careful orchestration. Our goal was to minimize subscriber impact and avoid confusion during the switchover. This phase demanded precise internal communication among our teams and externally with our client’s audience.

Conclusion

This migration project was more than just a technical task; it was a natural learning curve for us. Tackling these challenges sharpened our ability to handle complex OTT platform transitions. We’ve gained many practical insights from this experience, which we’re excited to apply in our future work.

Looking back, we see this project as more than just a platform switch. It was a significant change for both our client and our team. We’re pleased to have managed this complicated process successfully, and it’s given us a new level of confidence in our work in video streaming development.

IoT-Connected App for Dams Monitoring

Client at a glance

#1in green recovery and tech development in Bulgaria
since 2012Pioneer in IoT solutions in the region

Revolutionizing Infrastructure Monitoring with IoT Solutions

By delivering a robust and scalable IoT platform, Wiser empowered Sentra Systems to transform dam monitoring for their enterprise customer. The solution not only enhanced real-time situational awareness but also ensured infrastructure safety, supporting proactive decision-making and contributing to sustainable resource management.

Challenge

Sentra Systems, a leader in IoT solutions, aimed to develop a state-of-the-art monitoring system to replace a legacy platform used for dam and reservoir oversight. Their enterprise customer required a scalable, user-friendly solution capable of 24/7 on-site monitoring and seamless data analysis to address critical risks like flooding and drought. Additionally, the new system had to support future use cases, such as municipal water supply and smart city applications.

Our Approach

Partnering with Sentra Systems, we developed a robust IoT-connected application tailored to their customer’s needs.

Key actions included:

  1. Discovery Phase:
    • Defined the project scope and business needs, ensuring a clear understanding of challenges and unique requirements.
    • Created an all-in-one repository of requirements and success criteria to guide development.
    • Selected the optimal technologies and designed the system architecture for scalability and long-term viability.
  2. Feature Development:
    • Introduced a modern user interface with live data feeds, photo capturing capabilities, and 3D visualization for over 100 sites with 2,000+ sensors.
    • Developed customizable dashboards for sensor data, offering users flexibility in monitoring and reporting.
    • Designed live alert systems for extreme events, such as high water levels and risks of overflow or drought.
  3. Collaborative Execution:
    • Worked closely with Sentra’s engineering team, incorporating feedback through mini-demos after each development phase.
    • Connected the front-end and back-end in December 2020, enabling seamless data flow and real-time monitoring.

Impact Delivered

  • Scalable Monitoring System: Monitors 100+ sites with over 2,000 sensors, analyzing 28,000+ data points per minute.
  • Enhanced User Experience: Delivered a mobile-friendly, user-centric interface tailored for infrastructure technicians on the go.
  • Improved Risk Management: Enabled live alerts for extreme events, helping authorities anticipate and respond to floods, droughts, and other risks.
  • Future-Ready Solution: Designed with potential applications for parking lot monitoring and municipal water supply management.

Expertise and Scope

  • Deliverables: IoT-connected app with real-time monitoring, customizable dashboards, and 3D visualization
  • Technology Stack: Vue.js, Python (Django), HTML (Jinja), jQuery, CSS3 (Bootstrap, Bootstrap Vue), Highcharts.js, Docker, Jenkins, Git (GitLab, Git Flow), Linux, MQTT, MySQL, Mosquito, Web Sockets

Wiser Technology Joins the Premium Segment of the Bulgarian Stock Exchange

In brief

  • The shares of Bianor Holding AD (BSE: BNR), operating under the brand Wiser Technology, are now traded on the Premium segment of the Bulgarian Stock Exchange (BSE)
  • Over the past 12 months, the company revenue grew 192%, the market capitalization by 228% to about €38M, and the share price by 85% to €3.09 per share
  • Wiser is currently raising €12.5M through a new capital increase via the Bulgarian Stock Exchange, scheduled to commence on September 17, 2024

Sofia, Bulgaria, September 16, 2024 – As of today, September 16, 2024, the shares of Bianor Holding AD (BSE: BNR), operating under the brand Wiser Technology, are now traded on the Premium segment of the Bulgarian Stock Exchange (BSE).

Over the past 12 months, the company revenue grew 192%, the market capitalization by 228% to about €38M, and the share price by 85% to €3.09 per share. Wiser Technology is now among the most actively traded companies on the BSE and was included in the BGBX40 index earlier this year.

Kosta Jordanov and Assoc. Prof. Manyu Moravenov, Ph.D.

The move to the most premium segment of the Bulgarian Stock Exchange is a direct result of investors’ trust.

Kosta Jordanov, CEO at Wiser

“I am pleased to welcome one of the fastest-growing technology companies on the Bulgarian Stock Exchange to the Premium segment. In addition to demonstrating liquidity and share price growth, the company has shown a positive attitude and transparency to its investors. From what I’ve observed, I am confident Wiser has the potential to become a successful international player, and we will be proud when it eventually lists on a major global stock exchange,” said Assoc. Prof. Manyu Moravenov, Ph.D., member of the BoD and CEO of BSE. “The BSE currently needs more companies like Wiser to drive the necessary growth and momentum for our market to advance to the next level – well-positioned to international investors,” added Prof. Moravenov.

“It’s great to see the increasing investor interest in Wiser as we continue to improve the business fundamentals and to grow the business. The move to the most premium segment of the Bulgarian Stock Exchange is a direct result of investors’ trust,” shared Kosta Jordanov, CEO of Wiser Technology. “We’d like to thank the management of the BSE for guiding us on our path initially from the Alternative Market to the Standard segment of the Main Market and now to the Premium segment,” Jordanov added.

Wiser is currently raising €12.5M through a new capital increase via the Bulgarian Stock Exchange, scheduled to commence on September 17, 2024. Last week, Wiser held an open meeting with the investment community to present the parameters of the upcoming capital increase and the company’s development plans. Materials and a recording of the meeting are available at https://www.bianor-holding.bg/posledni-resultati/.

from left to right: Dimitar Dimitrov, CTO at Wiser; Kosta Jordanov, CEO at Wiser; Angel Stefanov, Partner at BlackPeak Capital; Ivan Dimitrov, CPO at Wiser