Business Forum • 4 November, 2025 at 2:00 PM
Evrotrust, a leading European Qualified Trust Service Provider (QTSP), has secured €6.6 million in growth funding from 3TS Capital Partners to accelerate its expansion into Romania.
This investment, which follows the close of 3TS's €111 million Fund IV, is set to bring EU-grade digital identity, qualified e-signatures, and remote onboarding services to local businesses and the public sector.
The company is not a generic e-signature tool; as a QTSP under the eIDAS regulation, Evrotrust provides remote identity verification (KYC/KYB), qualified electronic signatures (QES), electronic timestamps, and electronic delivery services.
Valentina Dragomir, Country Manager for Romania at Evrotrust, said: "The new investment enables Evrotrust to scale EU-grade digital identity in Romania faster - localizing audited, cross-border trust services for banks, businesses, and the public sector. With a free mobile app and an EU-recognized qualified certificate at no cost, we make trusted digital transactions simple and accessible. Proven in Bulgaria with fully online passport issuance, our secure and compliant approach now comes to Romania to put digital trust in everyone's hands and accelerate national digitalization.”
The service is an EU-notified eID scheme, audited and supervised at a European level, and is listed on the EU Trusted Lists, offering the highest assurance for qualified electronic signing in regulated and cross-border workflows. Currently, Evrotrust supports over 2 million users from 61 nationalities and more than 200 enterprises, including 15 of Europe's leading banking institutions.
The expansion comes at a time of rapid regulatory change, with the EU Digital Identity Wallets moving toward implementation, making public-sector acceptance mandatory by the end of 2026.
Industry estimates highlight substantial growth, with e-signature spending projected to expand from €2.33 billion in 2025 to €23.05 billion by 2032, and digital identity verification also expected to show robust, double-digit growth.