Over the past decade, Malta has been solidifying its position as a key hub for innovation and entrepreneurship. The island nation, strategically located in the Mediterranean, has experienced a surge in tech-driven businesses, fueled by a combination of pro-business policies, government incentives, and an international workforce. With its well-established gaming sector, a growing fintech ecosystem, and an increasing focus on AI and blockchain, Malta is attracting both startups and investors eager to tap into its dynamic business landscape.
This rise in entrepreneurial activity is also reflected in Malta’s expanding startup ecosystem, with a growing number of high-growth companies emerging across various sectors. Notably, this year’s EU-Startups Summit will be hosted here in April, serving as a key meeting point for founders, investors, and industry leaders from across Europe.
In this article, we spotlight 10 of the most promising startups shaping Malta’s entrepreneurial landscape, all founded between 2019 and today. From fintech disruptors to AI pioneers, these companies exemplify the country’s growing reputation as a launchpad for innovation. Here are some of the key players making waves in Malta’s startup scene:
BigKarma: Based in San Gwann, Big Karma creates intellectual properties that transform into lifestyle brands, spanning games, entertainment, toys, apparel, and other innovative merchandise. The company is behind Phenoms: Gotta Coach ‘Em All, a genre-defining sports strategy game and the first video game featuring action heroes who leverage their disabilities to win, providing much-needed representation in gaming for the 1 billion people with disabilities worldwide. Founded in 2020, they have raised €52K in funding.
Binderr: Headquartered in Sliema, Binderr provides compliance and client onboarding software for regulated companies. The platform streamlines identity verification, AML screening, and risk assessments, helping businesses stay compliant with global regulations. With coverage in 180+ countries and AI-powered verification tools, Binderr reduces false positives by 70% and automates compliance workflows. Founded in 2020 they have raised €6 million in funding.
Fyorin: Operating out of Valletta, Fyorin was founded in 2019 to simplify global payments and transactions for e-commerce businesses and financial institutions. By integrating these entities into a single network, Fyorin streamlines international banking and financial operations. The company enables SMEs to send, receive, and hold money in 40 different currencies while offering virtual cards for enhanced expense management. The startup has raised €650K in funding.
GreenRun: Located in San Gwann, GreenRun was founded in 2020 to build world-class technology products, create sports content, and develop real-world experiences in the sports and betting industry. The company leverages its expertise in tech and sports to enhance fan engagement and betting experiences. The startup has raised €4 million in funding.
Just Slots: Based in Ta’ Xbiex, Just Slots is a gaming software development company dedicated to creating high-quality and engaging slot games for players and operators. With a team of industry experts, the company focuses on delivering immersive experiences while ensuring seamless integration for gaming platforms. Their upcoming titles, including Sugar Heaven, Shogun Skylord, and Book of Arcane 100, showcase their commitment to innovation and entertainment in the evolving gaming industry. Founded in 2023 they have raised over €11 million in funding.
MeetBee: Headquartered in San Gwann, MeetBee is a specialist service provider in the EdTech and GovTech sectors, offering expert virtual meeting and webinar production support. The company helps businesses, organisations, and government institutions streamline their virtual events by managing logistics, hosting, and technical support across platforms like Zoom, Microsoft Teams, and Webex. With services including real-time engagement tools, secure meeting rooms, and content repurposing, MeetBee enhances efficiency while reducing costs. Founded in 2020, they have secured €119K in funding.
Odds Scanner: Operating out of Sliema, Odds Scanner is a media-tech company specialising in sports betting insights, analytics, and performance marketing. The company combines cutting-edge technology, data-driven strategies, and SEO expertise to connect users with top iGaming operators while helping brands grow in competitive markets. Through OS Media, OS Labs, and OS Partners, Odds Scanner builds sports media brands, drives customer acquisition, and provides a global affiliate network for betting operators. Founded in 2019 they have raised €550K in funding.
Paytently: Based in Sliema, Paytently is an innovative payment orchestration platform designed to simplify and secure digital transactions. The platform offers a single API that enables businesses to route payments to acquiring banks or over 200 alternative payment methods, supported by AI-powered fraud detection and intelligent routing to optimise success rates and reduce costs. Founded in 2022 with a focus on industries such as iGaming, Paytently’s solutions include card processing, recurring payments, and chargeback mitigation, and the startup has raised €2 million in funding.
Truevo: Headquartered in Birkirkara, Truevo is a licensed acquirer and payment service provider offering seamless online payment solutions for businesses of all sizes. The company provides secure payment processing, card payouts, and subscription billing, supporting major payment methods like Visa, Mastercard, Apple Pay, and Google Pay. With PCI DSS compliance, SCA-ready checkout, and real-time fraud prevention, Truevo ensures high security and reliability in transactions. Founded in 2021 they have secured over €6.5 million in funding.
UMNAI: Located in Ta’ Xbiex, UMNAI is advancing Artificial Intelligence with its Hybrid Intelligence (HI) Framework, designed to make AI more transparent, ethical, and accessible. By combining human reasoning with machine learning, UMNAI ensures explainability, auditability, and real-time oversight in AI-driven decision-making. The company focuses on industries such as finance, healthcare, and environmental management, providing solutions for fraud detection, risk assessment, compliance, and bias mitigation. With a commitment to responsible AI, UMNAI is setting new standards for governance and ethical AI applications. Founded in 2019 they have raised over €3 million in funding.
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