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Kinisis Ventures Launches KV Fund II to Accelerate Cypriot Innovation

by THEFUTURE.TEAM

September 16, 2024

Kinisis Ventures has announced the launch of its new fund, KV Fund II, marking a significant expansion in its mission to foster innovation in Cyprus. With this strategic move, the venture capital firm aims to empower early-stage tech startups and entrepreneurs, positioning itself as a key player in the island’s growing startup ecosystem.

Founded with a vision to support companies that have high growth potential, Kinisis Ventures has long been committed to nurturing the next wave of innovators. The newly launched KV Fund II, with a target size of €50 million, builds on the success of the original fund, which had a crucial role in seeding and scaling several successful startups across Europe and North America. The firm’s latest initiative will focus on providing capital and mentorship to tech companies at critical stages of development, to turn these ventures into globally competitive players.

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Expanding Local Opportunities in a Global Context

KV Fund II represents not only an influx of financial support but also a bridge to international markets. With Cyprus evolving as a tech hub in recent years, the fund offers local startups access to a global network, a significant advantage for emerging companies looking to scale. By focusing on companies that exhibit strong potential for cross-border expansion, Kinisis Ventures is setting the stage for Cypriot companies to integrate into the global tech landscape.

Moreover, the fund aligns well with Cyprus’ strategic objective of fostering entrepreneurship, especially in sectors such as fintech, healthtech, and clean energy. KV Fund II is expected to fuel further growth in these industries, with a focus on disruptive technologies and solutions that address both local and global challenges.

Kinisis Ventures’ decision to expand comes at a critical time for Cyprus, a country that has increasingly attracted attention as an emerging tech ecosystem. Over the last decade, the island has seen a rise in both the number and quality of startups, thanks in part to government-backed initiatives aimed at fostering innovation and entrepreneurship.

The launch of KV Fund II is timely, reflecting Cyprus’ growing reputation as a centre for business and innovation. The fund’s focus on early-stage startups will likely stimulate further growth and innovation, positioning Cyprus as a key player in the global tech scene.

With the continued support of venture capital firms like Kinisis Ventures, Cyprus is poised to strengthen its position as a promising destination for tech investment and innovation. The future of the island’s tech ecosystem looks bright, and KV Fund II is set to play a pivotal role in shaping that future.

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Mortgage And Business Loan Rate Dynamics Among Cyprus Banks

by THEFUTURE.TEAM

January 17, 2026

Stable Mortgage Loan Rates Post-Mergers

Recent consolidations in the Cyprus banking sector have led to a striking uniformity in mortgage loan interest rates. For example, data from November 2025 reveal that Bank of Cyprus, Eurobank Ltd, and Ancoria Bank are all offering an average rate of 2.98%. Alpha Bank even offers a marginally lower rate of 2.81% for home purchases, whereas smaller market players continue to provide loans at higher costs.

Differentiated Business Loan Offerings

In contrast, business loan interest rates demonstrate greater variability. For loans up to €1 million, Alpha Bank offers the most competitive rate at 3.31%, followed by the National Bank of Greece (Cyprus) at 3.78% (NBG Cyprus). Eurobank Ltd, Kyprian Bank of Development, and Bank of Cyprus post higher averages at 4.00%, 4.46%, and 4.47% respectively, while Societe Generale Bank Cyprus and Banque SBA register even steeper rates at 6.05% and 6.54%.

For loans exceeding €1 million, the trend remains similar: Alpha Bank leads with 3.64%, trailed by National Bank of Greece (Cyprus) at 3.99% and Bank of Cyprus at 4.18%. Eurobank Ltd and Kyprian Bank of Development follow with rates of 4.54% and 4.30%, whereas Societe Generale Bank Cyprus stands out with an average rate of 6.23%.

Competitive Deposit Rates Reflect High Liquidity

Deposits in Cyprus are offered at some of the lowest interest rates in the Eurozone, a situation that reflects the exceptionally high liquidity across the local banking systems. With a Liquidity Coverage Ratio (LCR) recorded at 319% in November 2025, well above the Eurozone median of 191%, major institutions such as Bank of Cyprus, Eurobank Ltd, and Alpha Bank feature household deposit averages of 0.67%, 1.11%, and 1.36% respectively.

Meanwhile, smaller banks including Ancoria Bank, National Bank of Greece (Cyprus), and Kyprian Bank of Development report higher deposit rates of 1.47%, 1.49%, and 1.25% respectively. For business term deposits (up to one year), Ancoria Bank offers the highest average rate at 1.51%, closely followed by Alpha Bank at 1.43%. Other institutions maintain averages between 1.12% and 1.42%, underscoring a competitive yet stratified market landscape.