In a move reshaping the digital investment landscape in the Eastern Mediterranean, GlobalWealth Group PLC (CSE: WEALTH) announced the strategic entry of Bank of Cyprus into the share capital of Wealthyhood Ltd.

The agreement goes beyond a simple capital injection, representing a strong vote of confidence in cutting-edge AI technology and the company’s B2B growth model.

Bank of Cyprus, as part of the new capital increase round, is investing a total of €6 million, with the issue price set at €87.1 per share. Upon completion of the transaction, Wealthyhood’s shareholding structure will be as follows:

• Bank of Cyprus: 26.45%

• GlobalWealth Group: 25.31%

According to an announcement on the Cyprus Stock Exchange, the investment will be measured by GlobalWealth at fair value through profit or loss (FVTPL), a development expected to positively impact the company’s net asset value (NAV), strengthening its profile on the Cyprus Stock Exchange.

Wealthyhood has built a successful track record in the United Kingdom and Greece and is now focusing on accelerating its Artificial Intelligence capabilities.

At the same time, the strategic partnership unlocks further expansion into the B2B segment. Wealthyhood offers a vertically integrated platform that enables banks and financial institutions to digitally transform their services without having to build internal infrastructure from scratch.

The collaboration between GlobalWealth, Bank of Cyprus and the founders of Wealthyhood creates a strong ecosystem to further enhance the company’s presence in Greece and international markets.