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    Where we work — Cyprus

    Cyprus's AI & data science partner.

    Keap Technologies is an AI, machine learning and data analytics company in Cyprus. We help organizations in Limassol, Nicosia, Larnaca, Paphos and across the island build production AI — from Power BI dashboards and predictive models to fraud detection and Greek–English RAG assistants — with particular depth in fintech, legal and professional services.

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    Updated

    of Cyprus GDP contributed directly by the tech sector (2025)
    16.2%
    KPMG for TechIsland
    people employed directly in Cyprus's tech sector
    48,200
    KPMG for TechIsland
    CySEC-authorized investment firms
    200+
    CySEC register
    payment & e-money institutions on Central Bank registers
    ~40
    CBC, Oct 2026

    What we deliver in Cyprus

    • 01

      AI strategy & readiness

      Workshops that identify the AI use cases worth funding, the data they need and the regulation that applies.

    • 02

      Power BI & analytics

      Governed data models and dashboards for management, finance and regulatory reporting. Data analytics.

    • 03

      Machine learning

      Custom models and intelligent automation, deployed and monitored. AI & ML.

    • 04

      Generative AI in Greek & English

      RAG assistants and search that work across both languages. GenAI & RAG.

    • 05

      Fraud & AML analytics

      Graph-based fraud detection and alert prioritization for Cyprus fintech. Fraud detection.

    • 06

      AI Act, GDPR & DORA-aware delivery

      Systems designed from day one for the EU rules that apply in Cyprus. AI Act guide.

    Why work with a Cyprus-based AI consultancy?

    A Cyprus-based AI consultancy works in your time zone, can sit in the room for workshops, and already knows the local landscape: the supervisors (CySEC, the Central Bank of Cyprus, the Commissioner for Personal Data Protection), the bilingual Greek–English reality of local documents, and the business models that dominate the island's economy.

    • Same time zone, same island. In-person discovery and reviews in Limassol, Nicosia, Larnaca or Paphos.
    • Greek and English. Workshops, documentation and AI systems in either language.
    • EU jurisdiction. GDPR, the EU AI Act and DORA apply to us as they apply to you.
    • Fintech fluency. We understand how CIFs, brokers, payment and e-money institutions operate and are supervised.

    Cyprus's tech economy in numbers

    Technology is now one of the largest parts of the Cypriot economy. A study by KPMG for TechIsland, published in June 2026, found that the tech sector contributed 16.2% of GDP (€5.9 billion) directly in 2025 and employed 48,200 people directly, with tech employment growing 9.7% a year between 2016 and 2025.

    Cyprus also moved its corporate income tax rate to 15% from 1 January 2026 as part of a wider tax reform, while keeping an IP box regime under which 80% of qualifying profit from intellectual property is exempt. For the many tech and fintech companies that have set up on the island, the next step is turning their data into a competitive advantage.

    Which AI rules apply to companies in Cyprus?

    As an EU member state, Cyprus applies EU regulations directly. The EU AI Act governs how AI systems are built and used, with high-risk obligations for uses such as credit scoring applying from 2 December 2027. GDPR governs personal data, supervised in Cyprus by the Office of the Commissioner for Personal Data Protection. For financial entities, DORA has applied since 17 January 2025 and covers how they contract with technology providers, including AI consultancies.

    Across the island

    CityKey sectors
    LimassolInvestment firms and brokers, fintech and payments, shipping, relocated tech companies
    NicosiaBanking, government, law firms and professional services, universities
    LarnacaLogistics, aviation, tourism and retail
    PaphosTourism and hospitality, real estate, tech companies

    Frequently asked questions

    Is Keap Technologies based in Cyprus?

    Yes. Keap Technologies is an AI, data science and analytics consultancy based in Cyprus. We work with clients across the island — Limassol, Nicosia, Larnaca and Paphos — and internationally across Europe, the Middle East and the US.

    Do you offer AI consulting in Greek?

    Yes. We deliver workshops, documentation and AI systems in Greek and English, including Greek-language search, document processing and RAG assistants. Δείτε τη σελίδα μας στα ελληνικά.

    Can you meet us in person?

    Yes. For clients in Cyprus we hold discovery workshops and key reviews in person, anywhere on the island.

    Does the EU AI Act apply to companies in Cyprus?

    Yes. The EU AI Act is a regulation, so it applies directly in Cyprus as in every EU member state. Most obligations depend on the risk level of each AI use case; high-risk obligations for Annex III uses such as credit scoring apply from 2 December 2027.

    Which industries do you serve in Cyprus?

    Our deepest focus is fintech and financial services — investment firms, brokers, payment and e-money institutions, crypto-asset service providers and banks. We also work with law firms and professional services and e-commerce and retail.

    Let's build what's next.

    Tell us about your data and the decision you want to improve. We'll come back with a clear plan.

    Start a project
    tech.keap@gmail.com

    Sources

    1. [1]KPMG for TechIsland — Tech sector impact on the Cyprus economy (June 2026)
    2. [2]Cyprus Ministry of Finance — 2026 tax reform
    3. [3]Cyprus Ministry of Finance — Tax incentives (IP box)
    4. [4]Office of the Commissioner for Personal Data Protection (Cyprus)
    5. [5]CySEC — Register of Cyprus Investment Firms
    6. [6]Central Bank of Cyprus — Payment & e-money institution registers