Profee honoured as one of Cyprus’ top 10 startups 2023 | Profee.com [Log in](/auth/login) [Sign up](/auth/registration) English * * * [Visit our website](https://www.profee.com) Profee * [Media](/media) * [Latest news](/news) * Profee honoured as one of Cyprus’ top 10 startups 2023 # Profee honoured as one of Cyprus’ top 10 startups 2023 The Profee Team Jul 21, 2023 3 minutes 42222 Industry Outreach Magazine, a prominent media outlet focusing on fast-growing technologies and their impact on modern companies, has recently published the list of 2023 top startups based in Cyprus. Profee was one of the companies chosen for the award. Cyprus is a place-to-be for startups in 2023, with some experts calling it ‘a bridge between Europe and Asia’. The companies may profit from the country’s ‘comparatively advanced, free-market, service-based economy.’ It is attractive and convenient for investors and grants access to the EU market for startups. Therefore, it is no surprise that the country is luring increasingly growing startups uniting a flock of professionals for numerous industries. With dozens of new companies entering the market annually, choosing the top 10 may seem harsh – and being included in the list is especially rewarding. Industry Outreach Magazine has evaluated many Cyprus-based companies, dwelling on their business strategy, achievements, and goals. Profee, with its expanding geography and payment methods variety, is clearly on the way to covering the needs of customers from all over the world. Profee addresses major complexities associated with [cross-border remittances](https://www.profee.com/send-money), resolving them with the help of cutting-edge technologies and a customer-oriented approach. According to Industry Outreach experts, Profee flawlessly harnesses high-tech solutions (i.e. incorporating an [AI-powered chatbot](https://www.profee.com/news/profee-unveils-ai-powered-chatbot) into the service(, offering its clients not only secure and speedy transactions but also a comprehensive interface and favourable terms. The latter includes a beneficial exchange rate (for cross-currency remittances) and [special conditions for transfers to popular destinations](https://www.profee.com/news/profee-removes-commission-russia-kazakhstan-moldova-armenia-georgia-azerbaijan). Profee makes it possible to finally leave behind the challenges associated with transferring overseas and focus on what is indeed important – supporting your family by sending money with love and care. Trademarks, logos and other graphic or text elements are owned by the respective right holders. We do not promote third-party brands but provide introductory information only. All the facts mentioned in the article are valid on Jul 21, 2023 – discover the current Profee terms we are offering you right now [here](/send-money). ## Make your transfer today ## Profee makes sending money to India fee-free for eligible transfers Send money to India fee-free with Profee on eligible transfers using Profee wallet, up to 150,000 INR, to NRO or savings accounts. The Profee Team May 21, 2026 2 minutes 1144 ## Profee wallet can now be topped up via Google Pay Wallet is a feature that allows customers to keep assets in EUR, PLN, USD, GBP in their Profee accounts (access the full wallet guide here). Recently, Google Pay was added as a top-up method. Profee will put maximum effort into further enhancing the wallet and its accessibility for clients. The Profee Team Apr 03, 2026 2 minutes 1306 ## Profee introduces promo exchange rates for first-time transfers to 8 currencies Learn more about Profee’s promo exchange rates on first transfers. Send money abroad in UAH, USD and more while getting better value for your transfers. The Profee Team Mar 27, 2026 2 minutes 1894 * [About us](/about-us) * [Media](/media) * [Blog](/articles) * [FAQ](/help) * [Contact us](/contacts) * [Security](/security) * [Currency converter](/currency-exchange) * [Money transfers](/send-money) * [Payouts for business](https://business.profee.com) * [Limits](/accounts) * [Referral programme](/referral) * [User agreement](/documents/user-agreement) * [Terms & Conditions](/documents/terms-and-conditions) * [Legal information](/documents) * [Privacy policy](/documents/privacy-policy) * [Wallet](/wallet) Third-party trademarks, logos, and other graphic or written elements are the intellectual property of their respective owners. Information regarding these companies can be found on their official websites. No affiliation should be implied between Profee and these entities. Profee is a registered trade name under Sibilla Solutions LTD. Sibilla Solutions LTD, registered in Cyprus (Registration No. HE348581), is regulated as an Electronic Money Institution (EMI) by the Central Bank of Cyprus (License No. 115.1.3.16/2018), VAT СY10348581D. If you reside in the EU, our services are provided by Sibilla Solutions LTD. For UK residents, our services are provided by Finthesis Ltd (previously known as Paymentz Ltd). Finthesis Ltd is incorporated in the United Kingdom (Company No. 12431685) and is licensed by the Financial Conduct Authority (FCA) under the Payment Institution regulations (License Nо. 924263). Finthesis Ltd is registered at 2-4 Eastern Road, Imperial Offices, Romford, England, RM1 3PJ, United Kingdom. For Canada residents, our services are provided by TRUE NORTHERN TRANSFERS INC., a money service business registered with the Financial Transactions and Reports Analysis Centre of Canada (Registration No. BC1458550) and licensed in British Columbia to carry out money transfers (license number M24840241). © 2026 All rights reserved.