Financial Services category powered by

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

Jacqueline Theodoulou     07:11 - 08 January 2025

Financial Services

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:

News Feed

Read More

Hellenic Bank and Eurobank Cyprus becoming one and reshaping the banking map
EBF CEO warns €1 trillion in frozen capital risks undermining EU Goals
Aristidis Vourakis: Deutsche Bank considering return to Cyprus
Makis Keravnos: The Cypriot banking system is back on a healthy trajectory
Cyprus economy and banks resilient, but vigilance still needed, says CBC Governor
EBF head Wim Mijs: Cyprus’ banks are resilient; but must remain vigilant
"There will be no 'Big Bang'," warns top ECB supervisor as she announces plan to cut red tape for EU banks
Bank Audi’s Mouayed Makhlouf: Resilience in banking now means to be technologically able
Bank of Cyprus follows ECB lead and reduces lending rates
Eurobank Limited is on its way: The numbers behind the new bank's vision