iSPIRAL named one of region’s fastest-growing technology companies

The influential Deloitte’s Technology Fast 50 program has recognised iSPIRAL as amongst the fastest-growing technology companies in the Middle East and Cyprus.

iSPIRAL, in a relevant statement, said it was proud to announce that it has been named one of the fastest-growing technology companies in the Middle East and Cyprus by Deloitte’s Technology Fast 50 program, which celebrates and recognises companies that have demonstrated exceptional growth in the technology sector.

Now in its second year, the prestigious Deloitte Technology Fast 50 program received nearly 100 applications from the Middle East and Cyprus across various sectors, including software, fintech, media, and entertainment. The participating companies exhibited an average growth of 277%, with companies in the Fintech and Software fields constituting close on two-thirds of the participating companies. Amongst these, iSPIRAL claimed one of the very highest rankings thanks to its impressive growth and contributions to the sector.

Phenomenal growth

“Despite supply chain disruptions, the sharp rise in inflation, energy prices and interest rates, the Middle East and Cyprus economies have demonstrated flexibility, resilience, and the ability to deal with adversity in the past few years,” as stated by Deloitte.

“The region has become an increasingly appealing investment destination and a location for international companies to operate, as it promotes digital transformation, continuously launches incentives to attract more start-ups and implements national strategies to integrative innovative tech.

As the region’s leading provider of regulatory technology solutions and services, iSPIRAL specialises in providing RegTech for businesses across various sectors, including financial services, e-commerce, and gaming, the company’s announcement stated. The company has also been recognised for its innovative solutions that have contributed to extensive growth in the region.

Confirmed tech leader

“We are delighted to have been named one of the fastest-growing technology companies in the Middle East and Cyprus by Deloitte’s Technology Fast 50 program,” said Tasos Ttiniozou, Executive Director of iSPIRAL. “This recognition is a testament to the hard work and professionalism of our team, who are dedicated to delivering innovative solutions to our clients.”

iSPIRAL’s commitment to providing innovative solutions is demonstrated through its RegTek+ platform, which offers cutting-edge onboarding, KYC, and AML solutions to financial institutions. With RegTek+, iSPIRAL is at the forefront of the regulatory technology industry, providing clients with the tools they need to comply with increasingly complex regulatory requirements.

This recognition from Deloitte’s Technology Fast 50 program confirms iSPIRAL’s position as a leader in the technology sector, and highlights the company’s significant contributions to the broader economy.

iSPIRAL is a leading provider of regulatory technology solutions and services. The company specialises in helping businesses across various sectors, including financial services, e-commerce, and gaming, meet their regulatory requirements through innovative solutions. With a team of experienced professionals and a commitment to excellence, iSPIRAL is dedicated to providing its clients with the most effective solutions to address their business challenges.