nextbike Cyprus

What nextbike Cyprus does

nextbike Cyprus (legal entity NEXTBIKE CY LTD) is a private public bike-sharing operator headquartered in Limassol, Cyprus, founded in 2011, and operating as the local licensee of the global nextbike micromobility network. The company runs station-based bike rental across six Cypriot cities (Limassol, Paphos, Nicosia, Larnaca, Famagusta) plus village and Troodos mountain locations (Platres, Linou, Vyzakia, Agios Theodoros, Fasoula). Its fleet spans standard city bikes, electric city bikes, mountain bikes, and electric mountain bikes, all rented via a cross-platform mobile app (iOS, Android, Huawei AppGallery) with a €10 credited registration deposit and pay-per-use pricing that also supports multi-bike accounts (up to four bikes).

The underlying technology stack is a thin consumer layer over physical assets: GPS-enabled bikes, charging stations for e-bikes, and a unified mobile app built on the parent nextbike platform. There is no proprietary AI, no API surface exposed to third parties, and no disclosed SDK or integration ecosystem; the company's differentiation is operational and distributional, not algorithmic. The company is GDPR-compliant and registered with a Limassol office and a separate privacy-policy entity address.

The business model combines three revenue streams: usage-based rental fees (the primary consumer stream, tiered by bike type), fleet and station advertising/branding (selling bikes and stations as mobile billboards to corporate partners such as Hard Rock Cafe Ayia Napa, Dr. Eco, and FxCareer.eu), and Business Bike corporate packages that bundle employee transportation, brand visibility, and ESG positioning for enterprise clients. With a headcount of approximately 5 employees, no institutional funding, and no disclosed revenue, nextbike Cyprus operates as a lean, organically funded local operator whose strategic priorities in 2025 have emphasized product line extension (village e-mountain bikes), EU mobility ecosystem positioning (ERTICO, metaCCAZE), and local partnership-driven station utilization.

Name

nextbike Cyprus

Legal name

NEXTBIKE CY LTD

Website

https://nextbike.com.cy

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

nextbike Cyprus is a Limassol-based public bike-sharing operator (founded 2011, ~5 employees) running station-based rentals across six Cypriot cities and villages via the nextbike mobile app, monetizing consumer rentals, fleet advertising, and corporate mobility packages.

Ownership category

akta.pro rank

Product category

Micro-mobility / Bike Sharing Services

NAICS

Recreational Goods Rental (532284), Automotive Equipment Rental and Leasing (5321)

SIC

Services-Auto Rental & Leasing (No Drivers) (7510), Local & Suburban Transit & Interurban Hwy Passenger Trans (4100)

akta.pro primary industry

Station-Based Bike Rentals (Bikeshare) (THADAGAD)

akta.pro secondary industries

Bikeshare (Station-Based/Docked) (TLAFAMAE), E-Bike Rentals (THADAGAE)

Keywords

• Public bike sharing
• Micro-mobility services
• Bicycle rental
• Shared mobility
• Electric bike rental

Headquarters

HQ city

Limassol

HQ country

Cyprus

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Bike Rental Fees: Usage-based rental fees charged per ride or time period. Users pay different rates depending on bike type (city bike, electric city bike, mountain bike, electric mountain bike). Special rates applied to first bike, additional bikes charged at standard rate.
2. Advertising & Branding: Fleet and stations serve as mobile billboards for corporate partners, allowing brands to reach customers across every corner of Cyprus through branded bikes and station wraps.
3. Business/Corporate Packages: Enterprise solutions for companies including employee transportation programs, brand visibility packages, and ESG/sustainability initiative support for corporate partners.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core offering

nextbike Cyprus operates a station-based public bike-sharing system across six Cypriot cities and rural villages, offering rentals of city bikes, electric city bikes, mountain bikes, and electric mountain bikes via a mobile app. The service supports up to 4 simultaneous rentals per account and is complemented by Business Bike corporate mobility packages and advertising-on-fleet sponsorship solutions.

Product overview

nextbike Cyprus is a public bike-sharing system operator offering a fleet of bicycles available 24/7 across Cyprus cities and villages. The core product portfolio includes City Bikes, Electric City Bikes, Mountain Bikes, and Electric Mountain Bikes, which users can rent from station-based locations throughout the island. The company also offers supplementary services including Business Bike (corporate mobility and ESG solutions), Advertising Solutions (fleet branding), and a dedicated mobile app for Android, iOS, and Huawei devices. The service operates a 'rent anywhere, return anywhere' model within designated service areas including Limassol, Paphos, Nicosia, Larnaca, Famagusta, and various villages.

Differentiator

Problem solved

Functional benefit

Products and services

• City Bikes Standard comfortable bicycles designed for short trips and everyday city commuting, available for rent at stations across Cyprus cities. Targeted at urban commuters and visitors needing affordable short-distance mobility.
• Electric City Bikes Urban bicycles equipped with electric assistance providing extra support for longer distances and effortless city travel. Designed for city commuters and tourists wanting easier rides across hilly Cypriot cities.
• Mountain Bikes Bicycles built for rough paths and uneven terrain, offering stability and control for adventurous rides. Available at specific station locations only and targeted at riders exploring trails and rural areas.
• Electric Mountain Bikes Powerful electric-assisted mountain bikes designed for smooth rides on trails and mountainous terrain, allowing riders to go farther with less effort. Available at village stations including Platres, Linou, Vyzakia, Agios Theodoros, and Fasoula.
• Business Bike Corporate mobility solution enabling companies in Cyprus to improve employee transportation options, increase brand visibility, and support ESG and sustainability initiatives through bike-sharing partnerships. Targeted at HR, sustainability, and corporate marketing decision-makers.
• Advertising Solutions Brand visibility solution that turns the bike-sharing fleet into moving billboards to reach customers across Cyprus, offering branding wraps on bikes and stations. Targeted at brands and advertisers seeking high-visibility out-of-home placements.
• nextbike Mobile App Mobile application enabling users to register, locate stations, rent and return bikes, and manage payments. Available on the Apple App Store, Google Play Store, and Huawei AppGallery for individual consumers and corporate users across Cyprus.

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Ten partnerships are on record, tiered minor.

• WeeDRIVEminorGTM or Marketing Partner · 1 December 2025Partnership announced in December 2025 for joint marketing or promotional activities.
• European Mobility WeekminorGTM or Marketing Partner · 1 September 2025Participation in European Mobility Week promoting sustainable transportation alternatives.
• YogArtistminorGTM or Marketing Partner · 1 August 2025Collaboration with YogArtist to provide cooling services during hot summer days, enhancing customer experience.
• Hard Rock Cafe Ayia NapaminorGTM or Marketing Partner · 1 July 2025nextbike station located at Hard Rock Cafe Ayia Napa, offering convenient mobility for cafe visitors.
• Dr. EcominorGTM or Marketing Partner · 1 June 2025Partnership with eco-friendly cleaning company Dr. Eco based in Limassol, specializing in sofa, couch, mattress, and fabric cleaning.
• metaCCAZEminorStrategic or Co-development Partner · 1 May 2025European project partnership where nextbike provides electric bicycles for Limassol as part of metaCCAZE survey to assess environmental impact and usefulness.
• Panos FoundationminorGTM or Marketing Partner · 1 May 2025Partnership for Cycling for Love charity event - nextbike provided free bicycles for participants in 10-kilometer route supporting prematurely born children and families.
• FxCareer.euminorGTM or Marketing Partner · 1 May 2025QR code branded nextbikes and stations allow users to scan and explore career opportunities in FinTech and Forex sectors.
• Limassol Boat Show 2025minorGTM or Marketing Partner · 1 May 2025Active participation in Limassol Boat Show 2025 at Limassol Marina, showcasing city e-bikes, mountain e-bikes, and charging stations.
• ERTICO - ITS EuropeminorStrategic or Co-development Partner · 1 February 2025nextbike Cyprus joined ERTICO - ITS Europe, a European platform for intelligent transport systems, demonstrating commitment to sustainable mobility and industry collaboration.

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Lime: Global dockless bike and e-scooter sharing operator with multi-city presence. Comparable as a shared micro-mobility provider but operates dockless with significantly larger scale and capital.
• Bolt (shared mobility): European mobility super-app offering scooters, bikes, and ride-hailing across multiple countries. Directly competes for shared urban mobility wallet share in European markets.
• Tier Mobility: European e-scooter and shared micro-mobility operator backed by SoftBank. Competes in the same shared urban mobility category and has expanded into bike-sharing in select markets.
• JCDecaux Cycle: Global outdoor advertising company with bike-share infrastructure business (Cyclocity). Comparable as a station-based bike-share operator that monetizes fleet advertising.

Direct peers

• Call a Bike (Deutsche Bahn): Deutsche Bahn's bike-sharing service in Germany. Comparable as a multi-city station-based/hybrid bike-share operator with broad fleet and corporate integration.
• nextbike GmbH (parent brand): German parent/global operator of the nextbike station-based bike-sharing system. Directly comparable product and operating model; nextbike Cyprus is a licensee/operator of this global platform.
• Capital Bikeshare: Washington DC-area docked bike-share system operating across multiple jurisdictions. Comparable station-based model with mixed B2C/B2B revenue streams.
• Vélib' Métropole (Paris): Paris metropolitan station-based public bike-share system operated by Smovengo. Comparable as a large-scale docked bike-share with advertising partnership revenue model.
• Bicing (Barcelona): Barcelona's municipal station-based bike-share system. Highly comparable operating model — station-based, urban commuter focus, public-private partnership structure.

Emerging players

• Beryl: UK-based micro-mobility operator with bike-share and scooter-share in UK cities. Comparable as a smaller regional station-based/hybrid bike-share with B2B municipal contracts.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/nextbike_cyprus
• YouTubeyoutube.com/channel/UCzoHjdI9ULdHnugw1bRm6eg
• Facebookfacebook.com/nextbikecyprus
• LinkedInlinkedin.com/company/nextbike-cyprus
• Instagraminstagram.com/nextbike_cyprus

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about nextbike Cyprus