The FiLY project is aiming to financially literate youth people by providing a core competencies framework based on the gamification approach. Through the implementation of concrete actions and results, the project is aiming not only to financially educate youth people, but also to identify new and innovative training programmes, identify and adjust the curriculum to the youth needs and bring together a group of stakeholders capable to exploit the project’s outcome and support its sustainability. The FiLY project is going to provide the basic tools to youth to become self-sufficient and achieve financial stability. This includes being able to save money, distinguish the difference between wants/needs and manage their budget. Further to this is increases self confidence to make financial decisions, increases negotiation power and therefore boost their self esteem to achieve goals. The training material can be adopted and used by other VET centres & educational providers.
Youth 15-29 years old
Dr. Afxentis Afxentiou is the Academic Research Manager of the Research Center and a faculty member at the University of Limassol. He holds a BA in History and Politics and an MA in Global Politics and Law from the University of Sheffield, and a PhD from the University of Brighton on the politics and ethics of drone warfare. His research focuses on democratization, social inclusion, and sustainable development. He has led and contributed to several EU-funded projects, including Erasmus+, AMIF, COSME, CERV, and Horizon Europe, and has published widely in the fields of international politics, security studies, and political theory.
Dear Participant,
You are invited to participate in a survey as part of the DiFiCy – Digital Transformation and FinTech: Shaping Cyprus’s Economy research project which is implemented by the University of Limassol, PwC Cyprus and Unity Growth Limited.
The project is co-funded by the European Union within the framework of the Cohesion Policy Programme “THALIA 2021-2027” through the Research and Innovation Foundation (RIF) in Cyprus [Pr. number: EXCELLENCE/0524/0568].
The study has been approved by the National Bioethics Committee of Cyprus (Approval no.: EEBK EΠ 2025.01.19 )
This project explores digital transformation and FinTech adoption in Cyprus, with a particular focus on SMEs and the broader business ecosystem. It uses a mixed-methods research design, combining survey data with interviews and case study evidence to generate evidence-based insights for policymakers and businesses.
Before deciding whether to participate, please read the following information carefully.
The purpose of this research is to better understand the drivers, challenges, and impacts of digital transformation and FinTech adoption in Cyprus. The findings aim to support evidence-based policymaking, strengthen business practices, and contribute to innovation and economic development.
Your participation involves the following:
Completion of this survey, which takes approximately 15 minutes.
Invitation to take part in an optional interview.
Contribution to a case study or discussion session at a later stage.
Your participation is entirely voluntary, and you are free to decline or withdraw at any time without any consequences.
If you wish to withdraw from the study after submitting your responses, you may do so by contacting the Project Coordinator.
All data collected will be handled in strict accordance with the General Data Protection Regulation (GDPR) and Cyprus Data Protection Law (125(I)/2018).
Your data will be treated confidentially, pseudonymised and anonymised, and no personally identifiable information will be disclosed. Data will be securely stored and accessed only by authorised members of the research team. In some cases, qualitative data may be processed using machine learning techniques, such as keyword identification or pattern detection, strictly to support analysis; however, all interpretation and conclusions will be made by the researchers.
Aggregated and anonymised findings derived from the data (e.g., statistical summaries, graphs, and thematic insights) may be used for dissemination activities, including scientific publications, policy reports, infographics, and training materials. These outputs will not contain any information that could directly or indirectly identify participants or their organisations.
Anonymised data may be shared publicly after a 24-month embargo period, while raw or sensitive data will not be publicly available. Access to raw or sensitive data will be granted only upon justified request and consortium approval.
Your participation in this study does not involve any risks.
On the contrary, your contribution may help improve digital and FinTech policies, support SME development and innovation strategies, and enhance the overall business environment in Cyprus.
If you have any questions, concerns, withdraw requests or complaints, please contact the Project Coordinator, Dr. Snezana Eminidou. Please include “DiFiCy Survey” in the subject line.
Email: snezana@uol.ac.cy
Phone number: +357 22462228
The project is co-funded by the EU within the framework of the Cohesion Policy Programme “THALIA 2021-2027” through the Research and Innovation Foundation. [Pr. no. EXCELLENCE/0524/0568]. The content reflects the views of the author(s) only. The European Commission and the Managing Authority of THALIA 2021–2027 cannot be held responsible for any use which may be made of the information contained therein.