Deriv expands in Cyprus with new innovation hub in Nicosia
Deriv expands in Cyprus with new innovation hub in Nicosia
Deriv has unveiled plans to open a second office in Cyprus, in the prestigious Asteroid building in Nicosia. Four years after establishing its first office in Limassol, this marks a significant step in the company’s strategic growth.
Why Cyprus? The Thriving Hub of Forex Companies
"Cyprus plays a crucial role in the online trading industry," said Rakshit Choudhary, Co-CEO of Deriv. "With Nicosia’s reputation as a thriving hub for innovation, our investment here not only strengthens our operational framework but also allows us to tap into the vibrant ecosystem of talent that Cyprus has cultivated". The new office, set to open in mid-December, will focus on cutting-edge technologies such as AI, data analytics, and low-code/no-code platforms to transform Deriv into a leading fintech company.
A hub for top-tier talent: Supporting the Growth of Trading Companies in Cyprus
The office seeks to attract top-tier professionals eager to contribute to groundbreaking projects and advance their careers. Andreas Potamitis, Head of the Nicosia Office, shared, “We’re not just creating jobs; we’re creating opportunities for people to excel and grow. Deriv offers extensive opportunities for professionals to work on AI-powered trading solutions, advanced platforms and sophisticated projects, all without lengthy commutes.”
The office will feature state-of-the-art facilities, including collaborative zones, modern workspaces, and advanced meeting areas. It aims to provide an inspiring environment for roles such as Trading Analysts, DevOps and WinOps Engineers, and Low-Code Developers, enabling professionals to push the boundaries of trading technology.
With over 25 years of experience, 20 global locations, and multiple ‘Great Place to Work’ accolades, Deriv’s investment in Cyprus underscores its commitment to innovation and global growth. By expanding in Nicosia, the company continues to strengthen its position as a fintech leader while contributing to the local ecosystem of talent and technology.
