Radar Companies FinTech · Cyprus
Radar · FinTech in Cyprus

Best FinTech Companies in Cyprus

The 159 best FinTech companies in Cyprus in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: IronFX Global.

159companies tracked
$255.9Mdisclosed funding
0unicorns
13have raised

Cyprus punches above its weight in FinTech, and this directory ranks the island's best companies by disclosed equity funding and recent momentum across 159 tracked players. Total disclosed capital sits at $256M, with Orbex leading the pack at $46M raised, Skilling not far behind at $17M, and a cluster of earlier-stage firms like Finery Markets and BridgerPay each at $6M. No unicorns yet, but the funding distribution tells you something real: this is a market building infrastructure, not chasing valuations.

The global FinTech market is moving fast, projected to grow from $113.4B in 2025 to $461.6B by 2034 at a 17.21% CAGR, and Cyprus is positioned to catch tailwinds from next-gen banking platforms and cloud-based banking adoption. Regulatory drag is real, PSD2's SCA requirement and conflicting government frameworks create friction that slower operators feel first. But I'd argue that's actually filtering toward stronger builders here. PB Fintech's move to acquire MyLoanCare and stand up an account aggregator subsidiary shows how consolidation is reshaping the broader sector, and Cyprus-based platforms positioning across payments and trading infrastructure are watching those playbooks closely. Investors like Flint Capital and BGF are already in the room. So are you.

Sources & further reading
  • Statista
FLIAR INTELLIGENCE · FINTECH × CYPRUS

Our analysis of 1,006 FinTech companies

$195.5b in tracked funding; 96% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

1,006companies analysed
96%cloud-native stacks
2025funding peak (by rounds)
124unicorns
2018median founding year
103kcombined LinkedIn audience
45%of audience held by top 3
4companies hiring publicly (12 mo)

Ranked: Best FinTech companies in Cyprus

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackRecent signals
1IronFX Global
Multi-asset trading platform
$100M106 mo agoLate Stage2010WordPressMySQLPHP+36
2Orbex
Forex trading platform
$46M44 mo agoSeries CAbdullah Abbas
Founder & MD
2011WordPressMySQLPHP+32
3Capital
CFD trading mobile app
$25M107 mo agoAcquired2016Amazon WebstoreSentryZendesk+25
4AvaFin
Online lending platform for consumer loans
$22M120 mo agoAcquiredDavis Barons
Co-founder and Chairman of the Board
20121 expansion
5Skilling
Online trading platform for forex and multiple commodities
$17M53 mo agoAcquired2016ContentfulBootstrapVue.js+31
6Spotware
Trade related solution provider
$16M193 mo agoSeries A2010Apple iCloud MailGoogle WorkspacePure CSS+333 launchs · 1 award
7Comino
Provider of mining hardware platforms for cryptocurrencies
$11M65 mo agoSeries AAlexander Cherkasov
Co-Founder & Director
2017WebflowKnockout.jsSmartlook+151 launch
8BridgerPay
Provider of a platform for payment orchestration, retry, and reconciliation
$6M49 mo agoSeed2018Cart FunctionalityScullySentry+233 launchs · 2 partnerships
9Finery Markets
P2P marketplace designed to offer competitive prices for digital assets by aggregating liquidity
$6M42 mo agoSeedIlia Drozdov
Co-Founder
2017Animate.cssAmazon Web ServicesCloudflare+121 partnership · 2 awards
10Blackmoon Financial Group
Securitization of Marketplace loans
$4M115 mo agoSeries A2014
11TradeSocio
Social alternative investment management platform
$2M123 mo agoAcquired2015MUIReactEmotion+11
12Velvet
AI-based platform for automated trading in multiple assets
$1M48 mo agoSeedJulius Franck Oberaspach
Co-Founder & CEO
2018
13eTolls
Wallet-enabled toll payment solution for consumers
$474K32 mo agoSeed2023Node.jsYouTubePlyr+101 partnership

Top 12 FinTech companies in Cyprus

#1
Series C · Limassol, Limassol · founded 2011
$45.7Mraised

Orbex is an online trading platform for forex, metals, energies, and indices. It is MT4 based trading platform for web and mobile users. It has partnership programs- IB, asset managers, institutional clients, and a white label program. Its services include trading central, trade lab, strategizer, free VPS, and auto trading. It also provides various research, analysis, and trading tools.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 9k LinkedIn followers — 8.8% of this cohort's audience
Activity: 1 awards announced in 12 mo
Founders & team
Abdullah AbbasFounder & MD
Investors
The Scottish National Investment Bank, BGF, Heartcore Capital, HTGF, Octopus Ventures
Tech stack
AdrollAdroll Cmp SystemAmazon Web ServicesApache Http ServerApexcharts.JsBootstrap
#2
Seed · Limassol, Limassol · founded 2023
$474.1Kraised

Wallet-enabled toll payment solution for consumers

LinkedIn Pulse recent public activity · Jul 2026
Audience: 462 LinkedIn followers
Activity: 1 partnerships (incl. eTOLLs EU) announced in 12 mo
Investors
Imperia Holding
Tech stack
CloudflareCore-JsGoogle AnalyticsGoogle WorkspaceHstsNginx
#3
Seed · Limassol, Limassol · founded 2017 · 27 employees
$5.5Mraised

P2P marketplace designed to offer competitive prices for digital assets by aggregating liquidity. It is a non-custodial trading platform that allows financial institutions to access aggregated digital assets and crypto liquidity, enabling traders to monetize and trade their crypto assets.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 6k LinkedIn followers — 5.3% of this cohort's audience
Activity: 1 partnerships · 2 awards (incl. Finery Markets) announced in 12 mo
Founders & team
Ilia DrozdovCo-FounderKonstantin ShulgaCo-Founder & CEO
Investors
G1 Ventures, gCC, Shima Capital, Communitas Capital, DV Chain, GravityX Capital
Tech stack
Amazon CloudfrontAmazon SesAmazon Web ServicesAnimate.CssCloudflareCloudflare Bot Management
#4
Acquired · Strovolos, Nicosia District · founded 2016 · 99 employees
$17.1Mraised

Online trading platform for forex and multiple commodities. It provides a platform for trading forex, CFDs, shares, commodities, and cryptocurrencies to investors. It features trading dashboards, news, stock prices, and trading strategies. It allows trading on NSE and SSE. The application is available on Android and iOS platforms.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 12k LinkedIn followers — 11.3% of this cohort's audience
Hiring: 2 hiring posts in 12 mo (public) · hiring: Client Retention & Relationship Manager
Investors
Optimizer Invest, Kinetic Investments, SeedStake
Tech stack
AdrollAdroll Cmp SystemAxiosBootstrapCloudflareCloudflare Bot Management
#5
Seed · Limassol, Limassol · founded 2018 · 47 employees
$6Mraised

Provider of a platform for payment orchestration, retry, and reconciliation. The platform offers tools for routing transactions, managing settlements, and automating financial tasks. It provides connections to payment service providers and methods. The platform is designed for businesses to manage payment operations and reduce payment failures.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 11k LinkedIn followers — 10.4% of this cohort's audience
Activity: 3 product launches · 2 partnerships (incl. EXO CRM & Trader) announced in 12 mo
Investors
SIBF, Starterbites, Viola FinTech
Tech stack
AngularApple Icloud MailCart FunctionalityCloudflareCloudflare Bot ManagementCloudflare Browser Insights
#6
Seed · Limassol, Limassol · founded 2018 · 3 employees
$1.3Mraised

Operator of a fintech service intended to offer a new investment alternative for private investors of all experience levels. The company's platform uses artificial intelligence to provide a broad group of private investors with access to a form of investment that was previously reserved for large institutional investors through active risk management, automation, and intelligent adaptation to volatile market conditions, enabling people to use their own trading algorithm which automatically starts managing their investments and keep full control over their funds.

Founders & team
Julius Franck OberaspachCo-Founder & CEO
Investors
HubSpot, Yair Goldfinger
#7
Late Stage · Limassol, Limassol · founded 2010
$100Mraised

IronFX Global provides an online trading platform for forex, metals, indices, commodities, futures, and cryptocurrencies trading to investors. Offers MT4, PMAM, and Web Trader trading platforms for desktop and mobile-based trading.

Tech stack
Amazon SesAmazon Web ServicesAmplitudeCloudflareCloudflare Bot ManagementCore-Js
#8
Series A · Nicosia, Nicosia · founded 2017 · 28 employees
$11.1Mraised

Comino is a provider of mining hardware platforms for cryptocurrencies. It features a liquid cooling system and supports multiple hashing algorithms. it comes in two variations, the Comino N1 for mining Ethereum and the Comino N4 for mining Zcash. The device can also be used for other purposes such as 3D graphics rendering, gaming, password recovery, big data analysis; neural networks, etc.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers
Activity: 1 product launches announced in 12 mo
Founders & team
Alexander CherkasovCo-Founder & DirectorEvgeny VlasovCo-Founder & CEOLeonid ZelvyanskiyCo-Founder & Director
Investors
Exantech
Tech stack
CloudflareCookiehubGoogle AnalyticsGoogle Tag ManagerGoogle WorkspaceHsts
#9
Acquired · Limassol, Limassol · founded 2016 · 648 employees
$25Mraised

CFD trading mobile app. The app allows investment in stocks, commodities, and indices. Provides function, powered by artificial intelligence technology, which delivers tailored news feeds, analysis, and research materials based on user in-app behavior. The company has also launched an app called Investmate for new and amateurs traders to learn how to trade.

Investors
VP Capital
Tech stack
Alpine.JsAmazon AdvertisingAmazon AlbAmazon S3Amazon SesAmazon Web Services
#10
Acquired · Limassol, Limassol · founded 2012 · 360 employees
$22.1Mraised

Online lending platform for consumer loans. It offers personal loans like short-term loans, credit lines, credit cards, installment loans, underwriting, and more.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 12k LinkedIn followers — 11.4% of this cohort's audience
Activity: 1 expansions announced in 12 mo
Founders & team
Davis BaronsCo-founder and Chairman of the BoardPatrick KockCEO
Investors
Middlemarch Partners, Capitec Bank, Flint Capital
#11
Series A · Limassol, Limassol · founded 2010 · 51 employees
$16Mraised

Trade related solution provider. It offers white-label solutions, chartings, open API, manual trading, copy trading solutions, and more.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 23k LinkedIn followers — 22.7% of this cohort's audience
Activity: 3 product launches · 1 awards announced in 12 mo
Tech stack
AhrefsAmazon AlbAmazon CloudfrontAmazon Web ServicesApple Icloud MailAstro
#12
Series A · Nicosia, Nicosia · founded 2014 · 19 employees
$3.5Mraised

Blackmoon provides institutional investors with marketplace lending as a service (MPLaaS) a direct access to the assets originated by balance sheet lenders and marketplaces that have no API. Blackmoon serves as an infrastructure provider to both originators and investors.For Originators: it provides IT integration, Real-time portfolio securitization and Advanced performance analytics. For Investors: Independent scoring and loan assessment, Continuous due diligence,Automated order processing and investment execution, Advanced interfaces for analysisTesting and reporting

Investors
Flint Capital, Target Global, A&NN Group
Tech stack
PhpLaravelAmazon Web ServicesNginxJqueryHsts

Funding & investor landscape

$255.9Mtotal disclosed funding
13companies funded
0disclosed rounds
0rounds last 90 days
Most active investors
Flint Capital2 rounds
Hamilton Ventures Merchant Banking2 rounds
A&NN Group1 rounds
BGF1 rounds
Capitec Bank1 rounds
Circusitlogic1 rounds
Communitas Capital1 rounds
DV Chain1 rounds
Daedalus1 rounds
EIC Fund1 rounds

Notable founders

Abdullah Abbas
Founder & MD · Orbex
Ilia Drozdov
Co-Founder · Finery Markets
Konstantin Shulga
Co-Founder & CEO · Finery Markets
Julius Franck Oberaspach
Co-Founder & CEO · Velvet
Alexander Cherkasov
Co-Founder & Director · Comino
Evgeny Vlasov
Co-Founder & CEO · Comino
Davis Barons
Co-founder and Chairman of the Board · AvaFin
Patrick Kock
CEO · AvaFin
Angelo D'Alessio
CEO · OQtima
Luciano Nonnis
Founder & CEO · Dxone
George Nikolaides
Co-Founder & CTO · ImpacTech
Georgios Larkou
Co-Founder & CEO · ImpacTech
Prism market signals · Cyprus · country-scoped Prism corpus, 80,764 docs

Market landscape — 10 sub-themes by coverage

Share of FinTech coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · Cyprus

How research on Fintech is moving in Cyprus

A read on the academic research around Fintech — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 13 Cyprus-affiliated papers.

top research entities
  • Eastern Mediterranean University3
  • Global College3
  • University of Nicosia2
  • Cyprus International University2
  • European University Cyprus1
leading researchers
AKHILESH DALJEET BACCHOO · Dr. PRASHANT KUMAR MISHRA · Miba'am, Benjamin · Ariana Polyviou · Pantelis Velanas · John Soldatos · Husam Rjoub · Tomiwa Sunday Adebayo
Breakthroughs3 · 23%
0%→0% share
0 median citations100% since 2021mostly methods-led
Mobile payment research is rising — 3 of 13 Cyprus fintech papers now target this segment.
rising sub-themes (early→recent)
  • Mobile payment3
  • Financial inclusion2
  • Poverty2
  • Financial services2
  • Mobile banking2
Landmark Digital payment behaviour and financial well-being: implications for international marketing · 3 cites
Advancements6 · 46%
0%→0% share
60 median citations67% since 2021mostly empirical
Financial services dominates Cyprus fintech advancements — leading 5 of 13 institutional papers.
rising sub-themes (early→recent)
  • Financial services5
  • Blockchain2
  • Cryptocurrency2
  • Transparency (behavior)1
  • Distributed ledger1
Landmark Can Fintech Promote Sustainable Finance? Policy Lessons from the Case of Turkey · 104 cites
Concerns2 · 15%
0%→0% share
0 median citations100% since 2021mostly empirical
Sustainability, sustainable development, and corporate governance concerns are newly emerging in Cyprus fintech research.
rising sub-themes (early→recent)
  • Sustainability1
  • Sustainable development1
  • Corporate governance1
  • Financial market1
  • Stock market1
RESEARCH HOTSPOTS · Cyprus

Where fintech is researched across Cyprus

Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.

Nicosia9 · +0.49
Opportunity · Financial inclusion

Common questions

How many FinTech companies are there in Cyprus?
Radar tracks 159 indexable FinTech companies headquartered in Cyprus that meet our profile-completeness bar.
What is the total funding raised by FinTech companies in Cyprus?
The FinTech companies in Cyprus on this list have raised a combined $255.9M in disclosed equity funding across 13 funded companies.
Which is the highest-funded FinTech company in Cyprus?
IronFX Global is the highest-funded FinTech company in Cyprus, with $100M in disclosed equity funding.
How many FinTech companies in Cyprus are funded?
13 of the 159 FinTech companies in Cyprus on this list have disclosed at least one equity funding round.
How many FinTech unicorns are there in Cyprus?
None of the FinTech companies in Cyprus on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Cyprus FinTech companies?
The most active investors in Cyprus FinTech companies on this list include Flint Capital, Hamilton Ventures Merchant Banking, A&NN Group, BGF, Capitec Bank.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

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