Startups and Innovation

The European Central Bank (ECB) kept interest rates unchanged at a record high on January 25, meeting the expectations of analysts, and reiterated its commitment to lowering inflation. In addition, there ...

Cyprus has witnessed a remarkable surge in the Information and Communication Technology (ICT) sector, emerging as a central driver of economic development, with the CEO of Invest Cyprus Marios Tannousis ...

The Social Computing Research Centre of the Cyprus University of Technology (Tepak) recently announced the establishment of the first Anti-Disinformation Centre in Cyprus, known as Fact-Check Cyprus. This initiative marks ...

payabl., one of Europe’s leading PayTechs, on Friday announced that it was granted an Electronic Money Institution licence (EMI licence) by the Central Bank of Cyprus (CBC), which will ...

Quadcode, a Cyprus-based fintech company specialising in financial brokerage activities, on Thursday announced the promotion of Michael Gitsis from Chief Financial and Administrative Officer (CFAO) to Chief Operating Officer (COO), ...

The Computation-based Science and Technology Research Centre (CaSToRC) at The Cyprus Institute organised an important ‘industry day’ on January 16, 2024, as part of the EUROCC2 project, according to a statement released ...

TechIsland, the largest tech association in Cyprus, on Wednesday released a statement announcing the return of its workshop series, “Startup School”, which is part of the TechIsland Academy and aims ...

Cyprus-based proptech startup Movingdoors, which provides tech-enabled serviced apartments, this week announced the successful closure of its recent seed funding round, raising a total amount of €1.163 million with Uni.fund, ...

The European Commission and the European Investment Fund (EIF) on Friday announced the launch of a new 175 million euro ($191.57 million) fund to bolster defence and security innovation. The Defence Equity ...

Cyprus’ innovation ecosystem boasts over 400 startups and innovative businesses, more than 2500 researchers, and over 4000 entrepreneurs, said Demetris Skourides, the chief scientist of the Research and Innovation Foundation. “These numbers demonstrate ...

Junior Achievement Cyprus (JA Cyprus) is launching its JA StartUp, which is aimed at fostering business ideas and innovation among university students in Cyprus, for the fifth consecutive year. It ...

Commissioner of State Aid, Stella Michaelidou, approved the “RESTART 2016 – 2020 Programs for Research, Technological Development, and Innovation of the Research and Innovation Foundation.” The total budget for this, until the end ...

Five experts who appeared in Horizon Magazine in 2023 outline how their areas of activity will evolve in the coming year and beyond. By Anthony King From sail-powered tankers and new ...

Fintech company Revolut’s revenue rose to a record 923 million pounds ($1.1 billion) in 2022, helped by interest income growth, but net profit fell sharply to 6 million pounds, the company said in ...

The Research and Innovation Foundation (RIF) this week announced that it has launched its CO-DEVELOP-REPowerEU programme, offering businesses a chance to secure €600,000 in funding for collaborative ventures with research organisations. ...

Cypriot indie gaming company Apella Games announced on Friday that it has won a major battle against tech giant Apple Inc., which tried to block the startup from registering its ...

Cypriot company Davion Healthcare Plc, a leading medical device manufacturer, has announced that it has entered into an agreement with the Bank of New York Mellon, a renowned financial institution, ...

Many working people in Europe are at risk of economic hardship, prompting EU researchers to seek policy answers. By Ali Jones For Lineke Smit, poverty in Europe is brought home ...

The European Central Bank opted to keep interest rates stable on Thursday and hinted at an impending conclusion to its final bond purchase programme. This move marks the conclusion of ...

Cyprus’ Research and Innovation Foundation (RIF) on Thursday announced the launch of a new programme, aimed at introducing specialised, scientific talent to Cypriot businesses, with the ultimate objective being to ...

In recent years, Cyprus has emerged as a promising destination for businesses seeking to innovate and thrive within the dynamic landscape of the European Union The island has not only ...

Since 2020, Ugne Buraciene has been the Group CEO at payabl., one of the leading PayTechs with roots in Cyprus and offices across Europe payabl.’s mission is to become the ...

Palta is a co-founding company, which invests in health-focused startups With a core mission of delivering meaningful contributions to people’s lives, Palta has several successful projects, among them are ...

Wargaming is an international video game developer and publisher founded in 1998 and headquartered in Nicosia “We are a team of 3500+ talented professionals working from 16 different offices including Chicago, Prague, Shanghai, ...