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 develops financial software for banks, credit unions, neobanks, BaaS providers, fintech companies, and other regulated financial businesses. Its banking work covers mobile and online banking, account opening, KYC automation, lending systems, digital wallets, card management, open banking, fraud monitoring, and core banking modernization. The company also handles complex integrations and legacy platform work, which can be useful when a banking project involves existing infrastructure rather than a completely new product. Itexus serves financial organizations across Europe as part of its wider international delivery footprint.
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: Żurawia 6/12/lok 766, 00-503 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 focuses specifically on digital transformation for banks and financial institutions. Headquartered in Nicosia, the company develops a digital banking platform covering retail, corporate, and private banking, alongside mobile banking and mobile financial services. Its platform supports integration with core banking and third-party systems, open APIs, PSD2-related functionality, authentication, and multiple customer channels. NETinfo has also worked with Cyprus banking organizations, including Bank of Cyprus and Eurobank Cyprus, giving it direct experience with the local financial sector rather than only general international banking expertise.
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 develops custom software and has a substantial portfolio in Cyprus banking. Its published projects include systems for Alpha Bank, Eurobank, CDB Bank, AstroBank, and the Cyprus Clearing House. Banking products include Stellar, a teller platform, SmartClear for cheque clearing, iDeposit for remote cheque deposits, and iSign for signature authorization and verification. The company combines business analysis with software engineering and integration work, so it can address both workflow redesign and technical implementation. This makes it particularly relevant for banks modernizing specific operational processes without replacing their entire technology stack.
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 develops core banking infrastructure from its headquarters in Nicosia. CorePlus, its central banking platform, covers bank account management, transaction journaling, operational reporting, and integrations with external payment, identity, and screening providers. The company also provides CoreConnect for payment infrastructure connectivity and supports areas such as SEPA integration, AML configuration, KYC and KYB workflows, testing, and production deployment. Its software is designed for banks, neobanks, electronic money institutions, payment service providers, and credit institutions, making the company particularly relevant to organizations that need a configurable banking core rather than a customer-facing application alone.
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 provides banking technology implementation, integration, and consulting services through its Cyprus subsidiary in Nicosia. Its financial services portfolio includes core banking, payments and card management, lending technology, digital engagement platforms, data engineering, QA, and related technical analysis. The company works with banking software products while providing the engineering and implementation layer required to connect them with the wider technology environment of a financial institution. FINARTIX is therefore a practical option for banks that need a combination of software implementation, integration, technical consulting, and modernization rather than purely greenfield application development.
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 from Cyprus. Its products address areas that sit directly around banking operations, including KYC and KYB management, customer onboarding, sanctions and PEP screening, electronic identity verification, AML risk assessment, transaction monitoring, and transaction screening. Rather than supplying a full core banking system, eBOS is more relevant when a bank needs to strengthen compliance, financial crime controls, onboarding, or regulatory workflows around its existing infrastructure. The company develops its WiseBOS applications in-house and serves banks and other financial institutions among several 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 develops workflow and process automation products used in regulated industries, including banking. Its software portfolio includes digital onboarding, electronic signatures, lending origination, configurable decision rules, workflow automation, and controlled data administration. Jenus also provides integration with core banking systems and other existing technology through REST APIs. The company's published enterprise references include Eurobank Cyprus, Alpha Bank, CDB Bank, and other regulated organizations. It is a particularly relevant option for banks looking to digitize onboarding, approvals, lending processes, document workflows, and internal operations without commissioning an entirely 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 focused on payment technology and transaction-heavy financial systems. For banking clients, its work covers core banking integrations with cards, transfers, and e-wallets, payment gateways, AML and KYC automation, reconciliation, cloud-native processing engines, and customer-facing banking applications. The firm also develops APIs and backend systems for high-volume financial platforms. Mosaictech is therefore more suitable for banks and financial institutions building or modernizing payment architecture and transaction services than for organizations looking for a conventional 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-based software development company with a dedicated fintech and Web3 practice. Its financial development work includes open banking integrations, digital wallets, web and mobile financial applications, smart contracts, and other transaction-focused systems. The company's Cyprus fintech experience includes work using Bank of Cyprus open banking APIs, providing a direct connection to the local banking technology environment. Vasilkoff is more suitable for custom fintech applications, API integrations, wallet projects, and digital financial products than 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 develops payment technology for financial institutions, fintech companies, and regtech businesses. Its main offering, Payment Hub, works as middleware between a financial institution's core systems and external payment providers. Supported integration areas include SWIFT, SEPA, card acquiring, card issuing, account-to-account payments, wallet payments, PSD2 payment initiation, and account information services. This makes the company more relevant to payment modernization and connectivity projects than broad banking application development. finapivity operates from Nicosia and can be considered when a bank needs to consolidate payment channels or connect existing infrastructure with multiple 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.