TechIsland, is delighted to announce that payabl., a global leader in fintech innovation, has become one of the association’s Donors. payabl. has been one of TechIsland’s earliest members and a key supporter of its initiatives, with the company’s Group CEO, Ugne Buraciene, serving as a Board Member since late 2023.

payabl. firmly believes in Cyprus’ immense potential to become a world-class international business hub and a thriving tech island. Headquartered in Limassol, the company has achieved remarkable global success in the fintech space. Its enhanced role as a Donor Member of TechIsland, the largest tech association in Cyprus, reflects payabl.’s mission to advance technological development and foster an environment where businesses and talent can thrive. By expanding its support of TechIsland, payabl. affirms its alignment with the organization’s vision and its dedication to driving meaningful progress in both local and global technology sectors.

“At payabl., we’ve always believed in Cyprus’ potential to become a world-class hub for technology and business,” said Ugne Buraciene, Group CEO of payabl. and Board Member of TechIsland. “Joining TechIsland as a Donor Member is a natural extension of our commitment to the island. Through this partnership, we aim to build stronger connections within the tech community, create opportunities for growth, and champion fintech as a cornerstone of Cyprus’ evolving economy.”

Established in 2011, payabl. is a leading European financial technology provider with regional offices in Germany, Netherlands, Lithuania, and the UK. payabl. helps merchants navigate the complexity of an evolving payments environment and offers a comprehensive range of payment products, including card acquiring, over 300 alternative payment payments, multicurrency accounts, and POS terminals. 

TechIsland’s General Manager, Tanya Romanyukha, highlighted the significance of payabl.’s support, stating, “payabl. has been an important part of TechIsland’s journey, and we’re thrilled to see their commitment expand through Donor Membership. Their success as a fintech leader and their active contribution to our initiatives perfectly align with our vision for a tech driven Cyprus. We look forward to the broader impact they will bring to our ecosystem.”

As a non-profit organization, the ambitious vision of TechIsland is powered by the generous contributions of its dedicated donors, who help drive the organization’s efforts and operations. 

To learn more about the donorship program, please visit: https://thetechisland.org/our-donors