Cyprus has a mix of locally based banking technology vendors, software engineering firms, and international development teams serving European financial institutions. The companies below cover areas such as digital banking, core banking integration, payment infrastructure, KYC and AML systems, lending, customer onboarding, and banking process automation. The list includes both Cyprus-based providers and companies with broader European delivery capabilities.
1. Itexus
Itexus builds financial software for banks, credit unions, neobanks, BaaS providers, fintech companies, and other regulated financial businesses. In banking, it covers mobile and online banking, account opening, KYC automation, lending systems, and digital wallets. It also handles card management, open banking, fraud monitoring, and core banking modernization. The team takes on complex integrations and legacy platform work, which helps when a project must build on existing infrastructure. Itexus serves financial organizations across Europe as part of its international delivery.
Key Facts
- Best for: Custom banking platforms and modernization projects
- Core services: Banking software development, digital banking development, mobile banking, lending software, payments, open banking, core banking integration
- Specialization: Regulated fintech and financial software
- Project types: New banking products, legacy modernization, integrations, production support
- European coverage: Serves financial organizations across Europe and other international markets
Contact Information
- Website: itexus.com
- Email: moc.suxeti@ofni
- Address: Twarda 14, 00-824 Warszawa, Poland
- LinkedIn: www.linkedin.com/company/itexus
- Facebook: www.facebook.com/itexus
- Twitter: x.com/ItexusSoft
- Instagram: www.instagram.com/itexus.soft
2. NETinfo
NETinfo works only on digital transformation for banks and financial institutions. From its Nicosia headquarters, it builds a digital banking platform for retail, corporate, and private banking, plus mobile banking and mobile financial services. The platform connects to core banking and third-party systems and offers open APIs, PSD2 features, authentication, and multiple customer channels. NETinfo has worked with Cyprus banks, including Bank of Cyprus and Eurobank Cyprus. So it knows the local financial sector first-hand, not just international banking in general.
Key Facts
- Best for: Omnichannel digital banking transformation
- Core services: Digital banking, mobile banking, open banking, mobile financial services
- Specialization: Retail, corporate, and private banking platforms
- Integration: Core banking systems, third-party systems, APIs, authentication
- Location: Nicosia, Cyprus
Contact Information
- Website: netinfo.eu
- Email: ue.ofniten@liam
- Phone: +357 22 753636
- Address: 23 Aglantzias Avenue, 2108 Nicosia, Cyprus
- LinkedIn: www.linkedin.com/company/netinfo-plc
- Facebook: www.facebook.com/NETinfo-plc-188525467856563
3. Parallax Works
Parallax Works builds custom software and has done a lot of work for Cyprus banks. Its published projects include systems for Alpha Bank, Eurobank, CDB Bank, AstroBank, and the Cyprus Clearing House. Its banking products are Stellar, a teller platform, SmartClear for cheque clearing, iDeposit for remote cheque deposits, and iSign for signature authorization and verification. The team does business analysis as well as engineering and integration, so it can redesign a workflow and then build it. Banks that want to modernize specific operations without replacing their whole technology stack should look here.
Key Facts
- Best for: Banking workflow and operational software
- Core services: Custom development, banking applications, business analysis, integrations
- Banking products: Teller systems, cheque clearing, digital deposits, signature verification
- Relevant clients: Cyprus banking institutions and clearing organizations
- Location: Nicosia, Cyprus
Contact Information
- Website: parallaxworks.com
- Email: moc.skrowxallarap@ofni
- Phone: +357 22 277 900
- Address: Gonia Stylli 12A, Agios Dometios, 2362 Nicosia, Cyprus
- LinkedIn: www.linkedin.com/company/parallax-works
- Facebook: www.facebook.com/ParallaxWorks
4. Probanx Solutions
Probanx Solutions builds core banking infrastructure from its Nicosia headquarters. Its main platform, CorePlus, handles bank account management, transaction journaling, and operational reporting. It also connects to external payment, identity, and screening providers. CoreConnect, a second product, links banks to payment infrastructure. The team helps with SEPA integration, AML setup, KYC and KYB workflows, testing, and production deployment. Clients include banks, neobanks, electronic money institutions, payment service providers, and credit institutions that need a configurable banking core, not just a customer app.
Key Facts
- Best for: Core banking and payment infrastructure
- Core products: CorePlus, CoreConnect
- Core services: Banking platform implementation, payment integration, compliance setup, deployment
- Client types: Banks, neobanks, EMIs, payment providers, credit institutions
- Location: Nicosia, Cyprus
Contact Information
- Website: probanx.com
- Email: moc.xnaborp@selas
- Phone: +357 22 275300
- Address: 1 Makrasykas Street, Karyatides Business Centre, North Building, Strovolos, 2034 Nicosia, Cyprus
- LinkedIn: www.linkedin.com/company/probanx-information-systems-ltd.
- Facebook: www.facebook.com/Probanx
- Twitter: x.com/probanx
- Instagram: www.instagram.com/probanxsolutions
5. FINARTIX Fintech Solutions
FINARTIX offers banking technology implementation, integration, and consulting through its Cyprus subsidiary in Nicosia. Its financial work spans core banking, payments and card management, lending technology, and digital engagement platforms. It also provides data engineering, QA, and technical analysis. The company takes banking software products and connects them to the rest of a financial institution's systems. Banks that need implementation, integration, consulting, and modernization, rather than a brand-new app, will find it a practical choice.
Key Facts
- Best for: Banking platform implementation and systems integration
- Core services: Core banking, payments, cards, lending, QA, data engineering
- Specialization: Financial technology integration and consulting
- Client types: Banks, financial institutions, neobanks, EMIs
- Cyprus location: Nicosia
Contact Information
- Website: www.finartix.com
- Email: moc.xitranif@ofni
- Phone: +357 22 419910
- Address: 121 Prodromou Avenue, Hadjikyriakeio Building 1, 2064 Nicosia, Cyprus
6. eBOS Technologies
eBOS Technologies develops the WiseBOS RegTech and FinTech software suite in Cyprus. Its products handle KYC and KYB management, customer onboarding, sanctions and PEP screening, and electronic identity verification. They also cover AML risk assessment, transaction monitoring, and transaction screening. eBOS does not sell a full core banking system. Instead, it helps banks tighten compliance, financial crime controls, onboarding, and regulatory workflows around their existing systems. It builds WiseBOS in-house and serves banks, financial institutions, and other regulated sectors.
Key Facts
- Best for: Banking compliance and customer onboarding software
- Core services: KYC, KYB, AML, screening, transaction monitoring, electronic verification
- Platform: WiseBOS Suite
- Relevant sectors: Banks, financial institutions, investment firms, regulated businesses
- Location: Nicosia, Cyprus
Contact Information
- Website: ebos.com.cy
- Email: yc.moc.sobe@ofni
- Phone: +357 22 877 677
- Address: eBOS Tower 2, Mesaorias 3, 2322 Lakatamia, Nicosia, Cyprus
- LinkedIn: www.linkedin.com/company/ebos-technologies-ltd
- Facebook: www.facebook.com/eBOS.Technologies
7. Jenus Technologies
Jenus Technologies builds workflow and process automation products for regulated industries, banking included. Its software covers digital onboarding, electronic signatures, lending origination, configurable decision rules, workflow automation, and controlled data administration. Jenus connects to core banking and other existing systems through REST APIs. Its published references include Eurobank Cyprus, Alpha Bank, CDB Bank, and other regulated organizations. Banks can use it to digitize onboarding, approvals, lending, document workflows, and internal operations without commissioning a new banking core.
Key Facts
- Best for: Banking process and workflow automation
- Core products: Jenus Flow, Jenus Journey, Jenus Sign, Jenus Lending, Jenus Rules
- Integration: Core banking systems and REST APIs
- Relevant projects: Banking onboarding, approvals, lending, signing, operational workflows
- Location: Lefkosia, Cyprus
Contact Information
- Website: jenus.com.cy
- Email: yc.moc.sunej@ofni
- Phone: +357 99 511530
- Address: 30 Archiepiskopou Makariou III Avenue, Pera Chorio, Nisou 2572, Lefkosia, Cyprus
- LinkedIn: www.linkedin.com/company/jenus-technologies-limited
- Facebook: www.facebook.com/jenustechnologieslimited
8. Mosaictech
Mosaictech is a Limassol software engineering company that specializes in payment technology and transaction-heavy financial systems. For banks, it builds core banking integrations with cards, transfers, and e-wallets, along with payment gateways and AML and KYC automation. It also handles reconciliation, cloud-native processing engines, and customer-facing banking apps. The firm develops APIs and backend systems for high-volume financial platforms. It suits banks building or modernizing payment architecture and transaction services, not those shopping for a packaged core banking product.
Key Facts
- Best for: Payment infrastructure and transactional banking software
- Core services: Payment gateway development, APIs, backend engineering, banking integrations
- Banking capabilities: Cards, transfers, wallets, reconciliation, compliance automation
- Specialization: High-volume payment and financial platforms
- Location: Limassol, Cyprus
Contact Information
- Website: mosaictech.io
- Email: oi.hcetciasom@ofni
- Address: SK House, 4th Floor, Spyrou Kyprianou Avenue 61, Limassol 4003, Cyprus
- Linkedin: www.linkedin.com/company/mosaictech-it
9. Vasilkoff
Vasilkoff is a Cyprus software development company with a dedicated fintech and Web3 team. Its financial work includes open banking integrations, digital wallets, web and mobile financial apps, smart contracts, and other transaction systems. In Cyprus, it has built on Bank of Cyprus open banking APIs, which ties it directly to the local banking environment. Choose Vasilkoff for custom fintech apps, API integrations, wallet projects, and digital financial products, not for replacing an enterprise core banking platform.
Key Facts
- Best for: Custom fintech products and open banking integrations
- Core services: Fintech development, web and mobile apps, wallets, APIs, Web3
- Banking capability: Open banking integrations
- Development model: Bespoke software engineering
- Location: Paphos, Cyprus
Contact Information
- Website: vasilkoff.com
- Email: moc.ffoklisav@ps
- Phone: +357 99 169229
- Address: Gladstonos 12-14, 2nd Floor, Paphos 8046, Cyprus
- LinkedIn: www.linkedin.com/company/vasilkoff-ltd/home
- Instagram: www.instagram.com/vasilkoff
10. finapivity
finapivity builds payment technology for financial institutions, fintech companies, and regtech businesses. Its main product, Payment Hub, is middleware that sits between a financial institution's core systems and external payment providers. It integrates with SWIFT, SEPA, card acquiring, card issuing, and account-to-account payments. It also supports wallet payments, PSD2 payment initiation, and account information services. The company is a better fit for payment modernization and connectivity than for general banking app development. finapivity works from Nicosia and helps banks consolidate payment channels or connect existing systems to many payment services.
Key Facts
- Best for: Payment integration and middleware
- Core product: Payment Hub
- Core capabilities: SWIFT, SEPA, card processing, wallets, PSD2 connectivity
- Client types: Financial institutions, fintechs, regtechs
- Location: Nicosia, Cyprus
Contact Information
- Website: finapivity.com
Conclusion
Banking software development in Cyprus covers a broad mix of needs, from core banking and digital channels to payments, lending, compliance, onboarding, and system integration. The right provider depends heavily on the existing technology environment and the scale of the planned changes. Some projects require a full banking platform, while others are better served by targeted modernization, API development, payment infrastructure, or workflow automation. Before selecting a partner, it makes sense to compare relevant banking experience, integration capabilities, regulatory knowledge, and the level of long-term technical support available after launch.