Startup in Malta
Every startup record the directory holds in Malta.
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Altaro (Hornetsecurity)
Altaro is a Sliema-founded backup and data-protection software company best known for Altaro VM Backup, a popular Hyper-V and VMware backup product aimed squarely at the SMB and mid-market segment that was under-served by enterprise tools like Veeam and Commvault. Founded in 2009 by David Vella, the company built a reputation for licensing simplicity, predictable pricing, and an MSP-friendly distribution model that made it a go-to tool for IT service providers managing dozens to hundreds of small-business virtualization environments. In 2021 Altaro was acquired by Hornetsecurity, the German cloud-email-security group, and its product line was folded into Hornetsecurity's broader Microsoft 365 backup and security portfolio — one of the largest software exits ever recorded out of Malta. It is a clean example of how a small-island software team, far from the typical European tech hubs, built an internationally relevant product that ultimately became a strategic asset for a much larger European cybersecurity consolidator.
Binderr
Binderr is a compliance and corporate services platform founded in Malta in 2020. Its software automates KYC, KYB, and AML workflows for law firms, accountants, and regulated financial professionals across 180+ countries, combining identity verification, sanctions screening, adverse media checks, and document management in a single tool. Beyond compliance technology, the platform connects businesses to a marketplace of financial, legal, and corporate service providers. Binderr raised a €2 million Seed round in 2024 and maintains offices in Malta, Estonia, the UK, and the UAE.
Casumo
Casumo is a Malta-based online casino and gaming company known for its gamification-driven approach to iGaming, blending adventure-style progression mechanics with traditional casino and sports betting products. Founded in 2012 by Swedish entrepreneurs who established operations in Malta to leverage the island's regulated gaming jurisdiction, Casumo holds licenses from the MGA, UKGC, and other European regulators. The company has built a strong brand around player engagement and UX innovation in a highly competitive market, employing hundreds of people in Malta and serving players across multiple European markets.
Chiliz
Chiliz is the blockchain infrastructure company behind Socios.com, the world's leading sports fan token platform. Founded in Malta in 2018 by Alexandre Dreyfus through the Mediarex Group and headquartered in Gzira, the company develops the Chiliz Chain blockchain and powers officially licensed fan tokens for over 120 sports organisations including Juventus, Paris Saint-Germain, and FC Barcelona. Fans use tokens to participate in club polls, unlock exclusive rewards, and access digital collectibles. The company has 220+ employees worldwide with 100+ based in Malta, has raised $66 million in a private token sale, and holds full regulatory authorisation from the Malta Financial Services Authority.
EBO
EBO is a Malta-founded conversational and generative AI company specialising in automated customer engagement for regulated industries. Founded in 2017 by Dr. Gege Gatt, the platform deploys multilingual Virtual Agents across healthcare, financial services, telecommunications, and iGaming, operating in over 100 languages and delivering 24/7 automated dialogue across any channel. EBO's clients report over 80% reduction in customer interaction costs. The company has raised $3.5 million, counts BMIT Technologies among its investors, and operates from Birkirkara with additional offices in London and Milan.
FRVR
FRVR is a browser-based casual games publisher founded in 2014 and headquartered at 61 Saint Paul Street, Valletta. The company develops and distributes instant-play HTML5 games across web, social, and messaging platforms without requiring app-store downloads. FRVR has raised over $94 million in total funding from investors including Accel, Hiro Capital, and Makers Fund.
Fyorin
Fyorin is a Malta-founded treasury and financial operations platform built by three Maltese fintech entrepreneurs. Founded in 2019, it connects businesses to a unified network of 5,000+ global banks and financial institutions, enabling multi-currency accounts, international payments in 40+ currencies, virtual card issuance, FX execution, and automated receivables and payables — all through a single interface. The platform processes over €1 billion in annual transaction volume and serves 400+ businesses and 1,000+ finance professionals globally. Fyorin won Best Tech Start-Up at the Malta eBusiness Awards and is registered as PorterPays Limited in Malta.
Good Grants
Good Grants is a cloud-based grants management SaaS platform developed by Creative Force Ltd, a Malta-registered company (Naxxar). Founded in 2013, the platform manages the full grantmaking lifecycle — applications, review, award, and post-award monitoring — for foundations, corporates, scholarship programmes, and NGOs worldwide. The platform is used internationally and integrates with third-party tools via an open API.
Hotjar
Hotjar is a Malta-founded UX analytics company that made visual product and website behavior analysis accessible to a far broader market. Its core tools, including heatmaps, session recordings, funnels, and feedback widgets, let teams see how users actually move through a digital experience rather than only reading aggregate analytics dashboards. That changed how many product and marketing teams approached optimization, because the software exposed friction in onboarding, checkout, and navigation flows without requiring a heavyweight research stack. Hotjar became particularly influential through a product-led growth model that allowed adoption to spread widely across startups, agencies, and mid-market businesses. In the European ecosystem, the company is a notable example of a globally deployed SaaS product built from a smaller market but distributed with strong self-serve efficiency. It is also a natural fit in the directory because it connects directly to product management, conversion optimization, and growth analysis across many other digital companies.
MannaEV
MannaEV is Malta's first electric motorcycle delivery and battery-swapping startup, founded in early 2023 by three co-founders with backgrounds from Google, Alibaba, TikTok, and Lazada. The company operates an on-demand same-day delivery platform powered by smart electric motorcycles and a battery-swapping network, eliminating range anxiety and enabling rapid fleet turnaround. Within its first year MannaEV scaled to 500+ customers and deployed 50+ electric motorcycles across three battery-swapping hubs on the island without external VC funding. It won multiple categories at the Malta Business Awards 2024 and has a commercial partnership with Bolt Malta.
Octoplay
Octoplay (trading as Gameshop Limited) is a Malta-based B2B iGaming slot game developer founded in October 2022 by former Evolution Gaming executives. The company builds and supplies online slot titles through its own Remote Gaming Server (RGS) and holds licences from the Malta Gaming Authority, the UK Gambling Commission, and several other regulators. Its portfolio includes over 70 slot and 'smash' game titles.
Paytently
Paytently is a payment orchestration platform built by former executives from Checkout.com, Trustly, and TrueLayer. Founded in 2022 and launched commercially in 2023, its single API enables businesses to route transactions across 60+ acquiring partners and 200+ alternative payment methods, with AI-powered fraud detection and intelligent routing to optimise success rates. Regulated as a Payment Institution by the Malta Financial Services Authority, the company serves iGaming, e-commerce, and other high-volume verticals from its headquarters in Sliema.
Tipico
Tipico is one of the largest sports-betting groups in Europe, headquartered in Malta with major technology and operations teams on the island and a footprint that spans Germany, Austria, Croatia, Colombia, and (via Tipico US) a growing US presence following a merger agreement with another US operator. Originally founded in Germany in 2004 by Dieter Pawlik and Philip Wessels, the company relocated its group holding and core tech organization to Malta to take advantage of the MGA's multi-jurisdictional licensing framework, which lets Tipico run a single platform across many regulated markets. Tipico's Malta operation builds the trading engine, pricing models, risk-management systems, retail POS network, and mobile apps that process billions of euros in annual betting volume, and the company is today one of the island's largest single private-sector tech employers. It is an anchor example of how Malta's regulatory and talent setup supports very large-scale gaming technology organizations.
Truevo Payments
Truevo Payments is a Malta-founded fintech company that integrates card acquiring and payment gateway services into a single platform. Originally established as Swish Payments in 2013 and rebranded in 2017, Truevo is licensed by the Malta Financial Services Authority and certified to PCI-DSS Level 1. It provides online payment acceptance, card payouts, subscription billing, pay-by-link, and point-of-sale systems to merchants across Europe. The company employs around 90 staff and is headquartered at the Central Business District in Birkirkara, Malta.
UMNAI
UMNAI is a Malta-based deep-tech AI company founded in 2019 by Dr. Angelo Dalli and Ken Cassar. The company has developed a neuro-symbolic Hybrid Intelligence framework that combines neural networks with symbolic reasoning, enabling AI systems to make consequential decisions that are explainable, auditable, and compliant with EU AI regulation. UMNAI's technology is deployed in financial services, healthcare, insurance, and justice, where regulatory accountability is non-negotiable. The company has been granted 30 patents with a further 22 pending, and Cassar represents Malta at the CEN/CENELEC JTC 21 AI standards committee.
VistaJet
VistaJet is a global private aviation company founded in 2004 by Thomas Flohr that relocated its corporate headquarters to Malta International Airport in 2016. The company operates a subscription-based 'pay for hours flown' model across a fleet of over 300 Bombardier aircraft and serves business and government clients worldwide. Its Maltese HQ employs more than 250 people from 31 nationalities.
