Deneo Partners

MEMNIA CHRISTOFI

Associate, Banking Services Department

Q What was your background prior joining Deneo Partners?

I have studied Business Management in the UK and worked at several companies in the Healthcare sector, both in the UK and in Cyprus. Following my arrival in Cyprus and before joining Deneo Partners, I had joined a well-established FX Group of companies in Limassol. My position there was a Banking and PSPs Officer and the focus of my work was on finding and onboarding banking and PSP solutions for the Group’s operations around the globe.

Q What made you choose them?

One of the main reasons that lead to my decision was the reputation of the company and its directors in the market. Both Mr. Demetris Kyriacou and Mr. Stathis Christophi have years of experience in this sector and lead the company with a clear focus and the determination to provide the best solutions and services for both existing and potential clients.

The second reason was the fact that this position was a career advancement compared to my previous role, since it gave me the opportunity to be in an advisory position, with more responsibilities and challenging tasks. The company is open minded and always seeks alternative solutions. The work ethic is such that promotes initiative and forward thinking. These factors were key in my decision to join this winning team.

Q GC is read predominantly by decision makers in FX. How can you help them with the offshore payments and banking crisis that they are experiencing?

As we have all come to realize, the FX industry has become very demanding, particularly in regards to the regulations behind obtaining bank accounts, whether these are in onshore or offshore jurisdictions. There have been major changes in the digital and tech industry and, therefore, we now see a rapid transition from traditional banking solutions. More and more of the world’s greatest minds choose to leave the traditional banking and finance sector and focus on the development of alternative payment method (APM) solutions, because this is where the future of payment belongs to.

Memnia Christofi Associate, Banking Services Department

allow us to find the appropriate solution for our clients, since we have close business relationships with many banks/EMIs and PSPs around the globe. It is important to mention that we are always searching for novel and alternative solutions and aim to broaden our connections with more banks/EMIs and PSPs in order to facilitate every aspect of our clients’ needs.

Q Everyone is also looking for a solid crypto solution. Can you help with this?

Generally, there is a worldwide outburst in terms of solid crypto solutions, which is mainly due to the fast evolution and the lack of regulations in this sector. What we do is provide clients with solutions when there is the need for crypto exchange platforms, meaning from Crypto to FIAT and vice versa.

Q What kind of solutions can you provide related to payments?

As a company, we are very proud not only of the quality of the services we provide but also because we continuously seek alternative solutions and frequently update our payment methods. We therefore continue to grow together with the industry and our objec-

tive is to provide our services to an even wider range of clients. For example, the banking and PSP solutions currently offered are not solely tailored for FX industries; they can also apply to clients coming from different backgrounds, such as construction, shipping and technology companies. Below we list the range of solutions that we currently provide:

Banking

• Dedicated corporate and clients’ accounts • Individual accounts • B2B-B2C-C2B • Multicurrency • SEPA/SWIFT

EMIs – Electronic money Institution

• Dedicated corporate and clients’ accounts • B2B-B2C-C2B available • Multicurrencies • SEPA/SWIFT • VIBANS can be opened for PSP settlements

PSPs- Payment Service providers

• Payment Service Providers – EU and offshore jurisdictions • APMs- Alternative Payment Methods - EU and offshore jurisdictions • E-wallets • Credit Card processing – EU and offshore jurisdictions • Payment links - EU and offshore jurisdictions • Exchange platforms