Tagged: cyprus

Keabank Adds USD Payments to is Banking Platform.

Described as a “Synthetic Blockchain Neobank,” Keabank, based in Cyprus, says it has integrated USD payments to its platform as it aims to expand the services it offers to its customers. Dollar-based payments are now available for both businesses and soon individuals to manage both… Read More

Automated Business Currency Management Okoora Plans European Expansion

Okoora is reporting a new office in Cyprus as it looks to broaden its services across the European Union. Okoora describes itself as a Swiss-Israeli Fintech that provides an Automated Business Currency Management (ABCM) service. This service is said to incorporate Artificial Intelligence (AI) to… Read More

eToro Obtains Crypto Asset Service Provider Registration from CySEC, Readies fo MiCA

eToro, the trading and investing platform, has announced that its application for registration under the CySEC CASP (Crypto Asset Service Provider) Register in Cyprus has been approved. The registration will enable eToro to “offer regulated crypto services to all EU countries on a cross-border basis… Read More

Digital Assets: Bybit Secures License to Operate Crypto Exchange, Custody Services in Cyprus

Bybit, which claims to be the world’s “third most visited” crypto exchange, is pleased to announce that it has successfully obtained a license to operate a crypto exchange and provide custody services in Cyprus. This milestone demonstrates Bybit‘s commitment “to working within regulatory frameworks and… Read More

Digital Asset Hedge Fund ARK36 Launches Algorithmic Machine Learning Trading Software

ARK36, the Cyprus-based leading alternative investment digital asset fund, has announced today the launch of a proprietary machine learning-based trading software system, “to improve the way its portfolio management team can navigate the dynamic world of cryptocurrency trading.” The new software will “leverage advanced algorithms… Read More

FTX Europe Obtains CYSEC CIF License to Expand Services Across European Markets

FTX Europe announced that it has received approval from the Cyprus Securities and Exchange Commission (CySEC), to operate “as a Cyprus investment firm (CIF) allowing the Company to fully own the local investment firm it previously acquired.” Patrick Gruhn, Head of FTX Europe, commented: “After… Read More

BridgerPay Introduces Self-Onboarding Payment Operations Platform

$156 trillion will cross international borders in 2022, with cross-border transactions “worth up to 41% more than local ones.” Businesses have the need “to enter new markets, automate payment flows, connect multiple payment providers, and generate data-driven insights.” BridgerPay allows any business “to connect their… Read More

Digital Asset Hedge Fund ARK36 Appoints Anto Paroian as Chief Operating Officer

Digital asset hedge fund ARK36 has updated its management structure in order to better accommodate its growing client base and provide support for future operational development. The firm’s Chief Operating Officer Anto Paroian will now be responsible for overseeing the fund’s business operations and routine… Read More

Fintech Platform YouHodler Adds More Digital Tokens with Protection Against Potential Losses on Trading

YouHodler, a Fintech platform that assists consumers with accessing the benefits of the crypto economy, has reportedly added support for Polkadot (DOT), Tezos (XTZ), TRON (TRX) and Aave (AAVE) tokens. YouHolder also noted in a release shared with Crowdfund Insider that they’ve established a 100%… Read More

Cyprus Regulated Digital Assets Hedge Fund ARK36 Hires Loukas Lagoudis as Exec Director

Cyprus-regulated digital assets hedge fund ARK36 announced that it is appointing Loukas Lagoudis to serve as Executive Director and Socrates Minas as Investor Relations Manager in order to strengthen its Cyprus investment division. According to a note shared with Crowdfund Insider, Loukas Lagoudis will be… Read More

Insurtech: Hellas Direct, a Tech-Driven Insurance Firm with Offices in Greece, Acquires €32M in Capital

Hellas Direct, a technology-driven insurance firm with business offices in Greece and Cyprus, reveals that it has acquired €32 million in capital as part of its latest funding round, bringing the total raised by the company to €56 million. Hellas Direct also welcomed the European… Read More

Revolut Expands into Ten More European Markets with Digital Banking Services

Digital bank Revolut is expanding its banking services in 10 new European markets. According to a release, customers in the following countries may now utilize the Revolut banking app: Bulgaria, Croatia, Cyprus, Estonia, Greece, Latvia, Malta, Romania, Slovakia and Slovenia. Revolut, which currently claims over… Read More

VeChain Onboards Hospital in Cyprus as it Continues to Develop Blockchain enabled Software for Managing COVID-19 Patient Data

Blockchain platform VeChain (VET) has updated the E-HCert App so that it may go beyond maintaining COVID-19 records while onboarding another hospital based in Cyprus. As mentioned in a blog post by VeChain, the Coronavirus crisis has shown the world the true value of digital… Read More

Payments Platform Paysafe Introduces Secure and Easy Payment Method for Online Purchases Made in Cyprus

Paysafe, an established specialized payments platform, has introduced a new secure and easy payment method for internet-based purchases made in Cyprus. Customers can use the service to pay for items at almost all online retail outlets. Paysafecash was created by the same Paysafe development team… Read More

Pundi X Signs MoU With Borghese Ventures to Enable Blockchain Tech Rollout in Cyprus

Singapore-based Pundi X announced this weekend it has signed a Memorandum of Understanding (MoU) with artificial intelligence firm Borghese Ventures to explore the implementation of blockchain technology for private and public sectors based in Cyprus. Pundi X reported that with the MoU it and Borghese Ventures will… Read More

PrimeTel Announces New Partnership With Revolut to Provide Contactless Visa Card

On Wednesday, Cyprus-based telecom provider PrimeTel announced it has teamed up with Revolut to help customers connect to a “world of unlimited digital capabilities” through the duo’s new PrimeTel Revolut co-branded contactless Visa card that comes with a host of features to make managing money… Read More

Hellas Direct Teams Up With Swiss Re and Revolut to Enter the Cyprus Home-Insurance Sector

Hellas Direct, a Greece-based insurtech platform, announced on Tuesday it has teamed up with Swiss Re and Revolut to enter the Cyprus home-insurance sector. The company announced its partnership with Revolut last week to “shakeup” the insurance company in both Greece and Cyprus.  The partnership with Swiss Re… Read More

Hellas Direct Forms New Partnership With Revolut

Hellas Direct, a Greece-based insurtech platform, announced last week it has teamed up with Revolut to “shake up” the insurance industry in Greece and Cyprus. According to Hellas, the new partnership is aiming to improve customer experience and further drive transparency. The announced of Revolute partnership… Read More

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