Financial Services category powered by

Jose Peña and Rami Bar Lev on why Cyprus is the place to be for fintech right now

The willingness of the Cyprus government to invest in innovation, startups, tech, and particularly fintech has brought a lot of interesting companies and also entrepreneurs to build their companies in Cyprus and make their hub here, according to Rami Bar Lev, Account Executive at Okta - an American identity and access management company based in San Francisco.

Bar Lev, along with his colleague at Okta Jose Peña, Solutions Engineer, Africa and Mediterranean Markets, were present at the Cyprus Fintech Summit that took place in Limassol last December. Speaking to CBN they explained why Cyprus is an ideal hub for fintech and discussed the industry’s upcoming trends and challenges.

AI, according to Peña, is an unstoppable force and so it is important for companies, especially those trading in AI, to have security in place for their customers to trust them.

Watch their interview below:

Read More

Hospitality: Personalised experiences, simplifying processes and “clicking on” sustainable destinations
Atlantica Hotels: New looks for Limassol’s Oasis Ayia Napa’s Callisto hotels
NPLs at 6.6% of total loans in October, monthly increase of €16m
Labour Minister underlines importance of developing AI applications for the labour market
DeepSeek to share some AI model code, doubling down on open source
The Deputy Ministry of Tourism is putting emphasis on quality over quantity
Stefan Baumert: TUI will continue to build on its successful operations in Cyprus
Car market makes disappointing start to 2025
Negotiators continue discussion ahead of expanded meeting on Cyprus issue
President expresses desire for a University of Athens’ branch in Cyprus "as soon as possible"