Geniusto visited iFX EXPO in Cyprus

Geniusto visited iFX EXPO in Cyprus
July 1, 2024 | By Geniusto

iFX Cyprus is the global premier event for the Forex Trading industry and attracts a whole host of surrounding industries including Fintech, RegTech and Banking Services.  Braving the local heatwave, from the 19th-20th June 2024, thousands of professionals across industries gathered at the City of Dreams resort in Limassol, Cyprus to network, discuss the future and close deals.

Geniusto’s [GO] Suite is the ideal software platform for the E-Money Institutions and Global Cross-Border Payment Companies that attend this prestigious event.  The Regional Head of Sales and Partnerships, Idris Gbaja-Biamila was in attendance to extend Geniusto’s reach to new clients and partners. Idris also attended panel discussions on the future of banking and payments.  Whether retail banking will even exist as we know it was called into question.  Time will only tell if we all move to AI assisted life services which encapsulate banking as one of many other services.

With the regulatory environment shifting for EMIs, Cyprus still stands as an important jurisdiction for new license applicants and therefore a key market for Geniusto.  Connecting with Geniusto’s most recent client and partner in Cyprus, insight into Geniusto’s market positioning proved encouraging.

“A healthy middleground between the end-to-end inflexible providers and the super flexible but disjointed solution providers, with focus on PSP, EMI and neo-banks who are mainly concentrated on transactional business (payments, merchants, simple FX, etc.)”.

This is just some of the feedback from Alexander Vorobev of Fintegrator, an esteemed partner of Geniusto. Considering their market insight and expertise, this is a huge compliment to the fantastic product and hardworking team that Geniusto has.

If you’re applying for an EMI License in Cyprus, or anywhere else, and are looking for a technology provider with a team that are quoted as “knowing what they’re talking about”, contact for more information.