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FINTECH360 International Conference to Bring Together 500 Participants in Yerevan
The FINTECH360 International Conference will bring together over 500 participants in Yerevan from April 27 to 29, welcoming senior industry executives from banks, money transfer companies, payment platforms, IT firms, and startups representing more than 30 countries. YEREVAN, March 30. /ARKA/. The FINTECH360 International Conference will bring together over 500 participants in Yerevan from April 27 to 29, welcoming senior industry executives from banks, money transfer ...
03/30/2026Strategic program for the development of science for 2026–2030 approved in Armenia
... researchers along with five renowned world-class scientists to the nation. -0- Additionally, there are intentions to create a private investment fund to back high-risk projects, establish incentive mechanisms for the protection of intellectual property within the private sector, and enhance public and collective investment frameworks for startups.-0-
01/29/2026ARKA News Agency Launches English-Language Telegram Channel
... updates and analyses on economics, finance, banking, IT, energy, tourism, and capital markets, and oversees specialized portals: Armbanks.am (focused on the financial and banking sector) and Arkatelecom.am (dedicated to telecommunications, technology, and startups). The arka.am website ranks among the most referenced economic sources in the nation and acts as a dependable information hub for the professional community, investors, and business media.-0-
01/23/2026The FINTECH360 conference will be held in Yerevan from April 27 to 29
... 27 to 29, 2026. YEREVAN, January 16. /ARКА/. The FINTECH360 international conference will take place in Yerevan from April 27 to 29, 2026. The event will bring together around 500 participants, including banking executives, fintech companies and startups, IT leaders, and payment industry experts. Participants will discuss the key trends shaping the future of financial services and the digital economy. Unibank is the main sponsor of FINTECH360, supporting the conference as a key platform for developing ...
01/16/2026Results for the ARKA News Agency Telegram Channel in 2025: 3.4 Million Views and Increased Citations
... daily news and analytical materials on economics, finance, banking, IT, energy, tourism, and capital markets, and also manages specialized portals: Armbanks.am (financial and banking sector, capital markets) and Arkatelecom.am (telecom, technology, startups). The arka.am website is consistently among the most cited economic sources in the country and serves as a reliable platform for the professional community, investors, and business media. In 2025, ARKA News Agency won the prestigious national Armenia Digital Awards in ...
12/29/2025EIB and Ardshinbank launch €100 million partnership to boost business growth and job creation in Armenia
... adaptation, and to a healthier environment. Fostering market integration and mobilising investment, the Group supported a record of over €100 billion in new investment for Europe’s energy security in 2024 and mobilised €110 billion in growth capital for startups, scaleups and European pioneers. Approximately half of the EIB’s financing within the European Union is directed towards cohesion regions, where per capita income is lower than the EU average. High-quality, up-to-date photos of our headquarters ...
12/12/2025Music, Management, and Mastery: What Business Can Learn from Carl Flesch
... painful mistakes. Gradualism as a development strategy Flesch constantly speaks of the proper distribution of the workload: too rapid a transition to difficult material "breaks" technique and musical expression. This is reminiscent of business situations where startups (and others!) try to scale and collapse due to unprepared or improperly structured processes. Flesch's approach offers a different path: sustainable, gradual growth. Yes, in the real world, it's not always possible to fine-tune an operational ...
12/08/2025Unibank Joins FinTech Armenia Association as a Founding Member
..., Research & Development initiatives, FinTech Armenia Summits, and importantly the upcoming FINTECH360 international conference in Yerevan — bringing together 500+ market participants from leading banks, payments and capital markets platforms, top IT executives, and cutting edge FinTech startups — focused on advancing the financial services Digital Transformation agenda, sharing FinTech best practices, and growing business internationally. Mesrop Hakobyan, Chairman of the Management Board of Unibank, stated: “We are thrilled to join ...
12/03/2025Pashinyan calls joint project with Firebird, Team Telecom and NVIDIA "an extremely significant investment"
... believe this is an exceptionally important investment program," the Prime Minister stated. About the data center project It was previously reported that the Armenian government, NVIDIA, Firebird, and Team Group will collaborate to establish the region's ... ... serve as a platform for innovation, education, science, and entrepreneurship, fostering the growth of local and international startups, bridging the divide between science and technology, and transforming Armenia into a regional tech hub—a concrete destination ...
11/20/2025ARKA News Agency Wins Armenia Digital Awards 2025 in Two Nominations
... The news agency publishes daily news and analytical materials on economics, finance, banking, IT, energy, tourism, and capital markets, and also manages specialized portals: Armbanks.am (banking sector) and Arkatelecom.am (telecom, technology, and startups). Arka.am is consistently among the most cited economic sources in the country and serves as a reliable platform for the professional community, investors, and business media. About Armenia Digital Awards Armenia Digital Awards is a national award in the field of digital communications, technology,...
11/14/2025A three-day journey into the future of artificial intelligence: AI Journey 2025 schedule is released
... same day, the special offline track AIJ Deep Dive will commence. Running on November 20–21, it will include presentations by top AI experts from Russia and around the globe, talks by research centers highlighting groundbreaking scientific articles, pitch sessions by leading Russian AI startups, and presentations of business solutions based on GenAI and multi-agent approaches. On November 21st, designated as the Day of Artificial Intelligence in Science, the event will be opened by Deputy Prime Minister of Russia Dmitry Chernyshenko ...
11/13/2025Armenia needs to shift from "subsidizing sustainability" to "investing in innovation," says Director of Management Consulting at Ameria
... Plan for the Development of the Science Sector of the Republic of Armenia for 2026–2030 for public discussion. It is surprising that the first strategic plan is not referenced in the second. Meanwhile, collaborative research projects among universities, startups, and businesses should be promoted; furthermore, universities should serve as genuine bridges for the transition from science to business. 3. Revise IT tax incentives to prioritize authentic innovation Currently, IT tax incentives partially encompass ...
10/14/2025David Yang intends to establish office in Armenia
... visionary and the founder of ABBYY and Yva.ai, revealed his plans to open an office in Armenia during an exclusive interview with ARKA news agency. "In the current global landscape, the concept of 'make in Armenia, make somewhere' is obsolete. Startups are developed in the cloud. These are inherently international, remote initiatives. While we are still contemplating making Armenia one of our operational bases, the limited and uniform population often restricts that option. The nation must work towards attracting skilled individuals from various countries," Yang stated....
10/14/2025NVIDIA Vice President: Armenia Can Become a Global Center for Fundamental AI Research
... AI center: offer access to a supercomputer, a lab, and interact with talented students. Let them come for 6-12 months, teach and conduct research here. This way, we'll plant the seed of science that will grow into global achievements and spawn startups," Lebaredyan said. He recalled that today, fundamental research in computer science requires a supercomputer. Even universities like Harvard and Stanford lack their own supercomputer capabilities. "Their researchers come to work at NVIDIA—to work for me—to gain access to the necessary tools. And if such a supercomputer appears in Armenia, we'll gain a temporary ...
10/13/2025NVIDIA's Vice President Discusses Advantages of Establishing $500 Million AI Center in Armenia
... utilizing artificial intelligence (AI) technologies. The $500 million AI data center initiative in Armenia is set to serve as a foundation for innovation, education, science, and entrepreneurship, fostering the growth of both local and international startups, bridging the divide between science and technology, and positioning Armenia as a regional technology hub—a genuine AI center. This endeavor will significantly alter the technological landscape of the region. The equipment will be sourced from NVIDIA, a prominent global leader in this technology sector, while ...
10/13/2025Ameriabank Joins FinTech Armenia Association as a Founding Member
... development of the fintech sector – creating a dynamic platform between the fast-paced fintech sector and the rapidly evolving Banking industry – in Armenia and internationally. The banking firm’s experienced leadership teams will be engaged in key Institutional Working Groups of FinTech Armenia such as Banking Transformation, Startups & Ventures, CBA Sandbox, Education. Armine Ghazaryam, CPSO and Management Board Member, stated: “As one of the key drivers of Armenia’s economy, we continue to transform the banking sector by combining financial expertise, cutting-edge technology,...
09/30/2025Expert names two trends in Armenia's blockchain sector for the near future
... "Armenia is highly dependent on money transfers and exports. It is critical for us to simplify financial communications as much as possible," he explained. Answering the question about how attractive Armenia is for launching cryptocurrency or fintech startups compared to the countries of the region, Togramajyan said that although Armenia is not the largest country in the post-Soviet space in terms of financial flows, it is necessary to look at it from the point of view of human potential and ease of access to global markets. “It is very easy to export products from Armenia thanks to the internal infrastructure. The country has a high level of digitalization, financial ...
09/03/2025Digital finance expert on crypto regulation in Armenia: the external picture looks good, but there are problems inside
... trend towards Western standards, I believe it would be more advantageous to model our regulations after those of the UAE, Georgia, and Singapore rather than the European framework, which imposes stricter regulations and complicates the operations of startups," he remarked. Simultaneously, Togramajyan pointed out that a drawback of the European model is that acquiring licenses necessitates substantial financial investment and resources, along with adherence to numerous regulations. "Given our cultural context, a significant volume of exchange transactions tends to shift towards the gray and black markets," he added. In ...
09/02/2025Acba Bank to contribute to digitalization and development of the agricultural sector in Armenia
... by Acba Bank as the general partner, innovations meet modern experience in agriculture, forming joint solutions for the future. On the platform, the most important problems of the industry, from climate change to the revival of farms, were discussed with startups interested in the development of agriculture. Possible solutions were identified. Acba Bank, being a leader in financing the agricultural sector in Armenia, presented its digital tools, financing opportunities and programs that allow everyone ...
07/28/2025"How to Develop Agribusiness in Armenia": New Horizons for Startups (VIDEO)
... has organized training courses for approximately 600 farms. "We are working in several areas to develop innovative agriculture in Armenia. One of the most important areas is education, especially among young farmers. The second area is working with startups, where many of the participants are young. The third area is disseminating innovations that do not require large investments. The most important component we focus on is increasing financial literacy, which we achieve by organizing relevant courses,...
07/25/2025Master Class for Startups (VIDEO)
... "It is important for startups to assess the profitability of their projects. They should pay attention to this in order to correctly assess their business and negotiate with investors effectively. During this short conversation, we tried to provide startups with this knowledge and present it in practice through specific examples,” noted Styopa Zakinyan. ACBA Bank is also the main partner of the Sevan Agritech Summit, held within the framework of the Sevan Startup Summit. More details in the video. The bank ...
07/25/2025Startups presented successful experience of digital transformation of Acba Bank
... community of Armenia - Sevan Startup Summit, once again brought together startups, innovators, investors, mentors and tech specialists to communicate in a formal and informal setting and establish new business connections. As part of the Sevan Startup Summit, startups participate in various seminars, workshops and master classes. In this regard, Acba Bank Deputy CEO, Director of Digital Platforms and Technologies Tigran Simonyan also gave a special speech for startups, talking about the successful experience ...
07/24/2025Startups presented with successful experience of Acba Bank digital transformation
... tech community, Sevan Startup Summit, once again brought together startups, innovators, investors, mentors and tech specialists to communicate in a formal and informal setting and establish new business connections. As part of the Sevan Startup Summit, startups participate in various seminars, workshops and master classes. In this regard, Acba Bank Deputy CEO, Director of Digital Platforms and Technologies Tigran Simonyan also gave a special speech for startups, talking about the successful experience ...
07/23/2025"Global Entrepreneurship Report": Armenia ranks first in "Eastern Europe+" group
... society and positive feedback in the media remain high. Need remains the main motivation for entrepreneurship, but the desire to accumulate wealth has increased significantly, especially among young people and urban residents," the report says. It is noted that 44% of all startups and 53% of established businesses in Armenia are individual entrepreneurs. At the same time, women's entrepreneurship, unlike men's, is relatively underdeveloped. "Among the indicators characterizing the entrepreneurial environment, business ...
06/30/2025Armenian "Oscar" in digital world: how the Armenia Digital Awards competition is changing the market
... see those who really influence the online audience. We have also expanded the categories for professionals: we want more individuals to prove themselves in marketing, e-commerce, digital transformation. This helps to form personnel for the market. Websites, mobile applications, startups, online stores can participate. ARKA - What are the conditions for participation, application deadlines and voting procedure? E. Mishchenko - There are several stages of submission. The first one - early registration - ends at the end of April....
04/28/2025FINTECH360 international conference held in Yerevan with the support of Unibank
... YEREVAN, April 22. /ARKA/. FINTECH360 international conference was held in Yerevan with the support of Unibank. This year more than 300 participants came to Armenia, including representatives of banks, payment and money transfer companies, heads of large IT companies and startups. Compared to previous years, the number of participants increased almost 1.5 times. The conference participants were welcomed by Hovhannes Khachatryan, Deputy Chairman of the Central Bank of Armenia, Gagik Zakaryan, Chairman of the Board of Unibank,...
04/22/2025Forbes includes Ruben Vardanyan, Eduardo Ernekian, Kim Kardashian in the list of the richest people in the world
... Blackstone Group in a deal that valued the sites at $3 billion. In August 2020, Andreev launched Stereo, an audio-only social media platform that competes with Clubhouse, another audio app. Andreev got his start in the 1990s by building and selling several startups, including SpyLog, which tracked visitors to websites. Kim Kardashian - 2,019th ranking, $1.7 billion fortune She went from being a reality TV star to owning a ten-figure fortune, much of it from her stake in the corrective underwear company Skims. Skims is valued at $4 billion after a ...
04/02/2025Ameriabank summarizes results of “My Armenia, My Future” student contest
... assessment of the final results taking into account the amount of funding provided. “It is very important to involve young people in solving the country's urgent problems,” the jury member added. One of the winners, a student of the American University of Armenia Artur Karapetyan said that he wants to use the trip to Berkeley to gain knowledge in the fields of startups and AI, as well as to develop networking skills. Speaking about the project he presented, Karapetyan said it concerns the use of tuff waste (16 cubic meters annually) to create soundproof panels. In 2024, Ameriabank launched three campaigns within ...
02/26/2025Yerevan to host ITF Armenia International Tourism Exhibition
... particular, the content prepared jointly with BBC, Euronews and other international media will be shown on big screens,” Gevorgyan noted. Speaking about the digitalization of the tourism sector, Gevorgyan said the exhibition will be a good opportunity to introduce Armenia's innovative products and startups to foreign partners. The chairman of the Armenian Tourism Federation Mehak Apresyan added that the exhibition will become an annual event together with business forum. “The exhibition will be organized in cooperation with international partners,...
02/25/2025Armenia should develop technologically: Eqwefy CEO on economic challenges and new opportunities
... difficulties faced by startups and IT companies, as well as the potential impact of the artificial intelligence trend on the country's economy. ARKA: Mr. Avetyan, your company's mission is to facilitate the implementation of innovative ideas from Armenian startups with growth potential, providing them with access to a wide range of resources. How was 2024 in terms of investments? Which organizations are investing in Armenia, and have we seen individual investors emerge? S. Avetyan: A major success in 2024 was that ...
02/24/2025Plug and Play is already in Armenia: 10 Armenian startups will travel to Silicon Valley
... between the Ministry of High-Tech Industry of Armenia and Plug and Play, selected as a result of a competition, was concluded on August 15, 2024. Some 336 million drams were allocated for conducting the competition. The platform will provide technological startups with consulting services, assistance in business development and networking, as well as personalized mentorship. Out of 119 startups, 20 were selected to participate in the program. Why is this important? "The goal of the program is to bring an international ...
11/01/2024Venture capital: the most exciting investments
... and receive a large profit that covers the costs of unsuccessful projects many times over. - A technology business can spread quickly in different regions at relatively low cost, and additional investments help speed up the process. Thanks to scalability, venture-backed startups attract even more new customers and increase potential profits. - Venture capitalists value not only the opportunity for material gain, but also involvement in projects that can change the world. Cons - Venture capital investing is considered ...
10/22/2024Novosti-Armenia news agency recognized the best at the first Armenia Digital Awards in three nominations
... Armenia Digital Award The award ceremony was held for the first time in Yerevan on September 27. Armenia Digital Award was created to recognize the successes of Armenian companies and specialists in the process of digitalization. Among other things, websites, social media, mobile applications, online stores and startups were nominated for the contest. The votes of both professional jury and ordinary users were taken into account when summarizing the results of the contest. About Novosti-Armenia news agency Novosti-Armenia has been operating in Armenia since ...
09/30/2024Analysing the company: a guide for the investor
... indicator indicates that the investor's investment will pay off relatively quickly. DPR - the ratio of dividends paid to net income. A high DPR means that shareholders receive good payouts. Dividend policy depends on the company's activity and type of securities. For example, technology startups that issue growth stocks prefer to invest profits in development rather than share them with investors. In contrast, stocks of companies from stable sectors are often dividend-paying. They avoid serious downturns, but are less promising. Return ...
09/12/2024Ardshinbank Strong Partner of Seaside Startup Summit 2024 for 2nd year
... business forum YEREVAN, July 23. /ARKA/. Ardshinbank is once again participating as a Strong Partner at the Seaside Startup Summit 2024 camping business forum. This year, the event is being held from July 21 to 27. The purpose of the forum is to unite entrepreneurs, investors, and startups in one place, creating an effective business environment for our region, supporting the development of local startups, and ensuring sustainable cooperation between ecosystem participants. The forum provides a prize pool, educational programs,...
07/23/2024Silicon Mountains 2024 Shirak Forum held at Gyumri Technology Center
... Founded nearly 30 years ago with just eight employees, ACBA Bank initially provided small loans to rural farmers. Today, the bank operates in all provinces with 65 branches and over 1,700 employees. Since its inception, ACBA Federation has collaborated with 53 startups, 47% of which have succeeded and continued their operations, compared to the global average success rate of 10%. "The importance lies in creating conditions and opportunities for young people to stay in the provinces, develop their surroundings,...
07/09/2024Armenia Digital Award: what projects are eligible to apply
... business that has an online presence. You can nominate a website, mobile app, or an online store. We consider online stores separately because we want to evaluate not only the website itself, but also the entire customer experience. You can also nominate startups, innovative products with artificial intelligence, and online advertising campaigns. You can nominate professionals who are involved in digital marketing or e-commerce in companies so that the market learns about them and they get their recognition. Moreover, these nominations ...
06/24/2024Regulation of cryptosphere according to European model is not in Armenia's interests - Web3 Armenia co-founder
... government has adopted a draft law aimed at combating cybercrime. It also aims at partial regulation of the cryptocurrency sphere. “On the one hand, there are models used by major economies - the US, Singapore and the UAE, which allowed large companies, IT startups and international players to enter the market and operate on a legal platform, making investments, paying taxes, minimizing money laundering risks and attracting cryptocurrency users. On the other hand - the European Union this year approved ...
04/26/2024Investment products: basic concepts, features of instruments, pros and cons
... unsuccessfully and go bankrupt, and require very large funds, often tens and hundreds of millions of dollars. These are handled by venture capital funds and wealthy investors. However, it is also possible to invest in companies that look for promising startups with the goal of merging with them and going public. Some large banks create funds for this purpose, where any private investor can buy shares. Hedge funds are a structure that invests in a variety of assets and instruments, such as stocks, real estate,...
01/24/2024Armenia takes investors by storm, inhaling up to 90% of venture capital money in the South Caucasus region - Innotechnics report
... of builders feel responsible for, not to mention the large BANA Angels network that seeks ways of backing tech newbies and sharing knowledge and experience with them. The Armenian angel investors have also formed what they call The Syndicate to facilitate access to the country’s best startups by international angel investors. "Kazakhstan and Uzbekistan trailed a bit behind Armenia in the number of deals - but not much: 30% and 25% of all the deals in the region, respectively. The average investment per deal, however, was perceptibly ...
12/04/2023FINTECH360 international conference held in Yerevan with the support of Unibank
... identified and trained to develop new business lines, digital customer profile and how to build onboarding of banking product customers and retain them for a long time, UI/UX of digital products, current trends in investment technologies, venture capital and the new generation of technology startups, as well as mobile applications for investment and development of brokerage services. Shalva Meladze, President of Kwikpay payment system, in his speech presented the prospects of development of product lines of payment systems and the possibilities ...
11/02/2023About 200 representatives from different countries to take part in FINTECH360 in Yerevan
... reports. YEREVAN, October 23. /ARKA/. About 200 representatives of leading banks, payment systems, fintech companies, startups, specialized associations from Armenia, Georgia, Belarus, Moldova, Kazakhstan, Kyrgyzstan, Poland, Tajikistan, Russia,... ... scheduled to take place in Yerevan on October 26-29, 2023, the press service of Unibank reports. The conference will be held with the support of Unibank OJSC and Kwikpay payment system in the Holiday Inn Yerevan Republic Square Hotel. This year NABIX is ...
10/23/2023International FINTECH360 conference will be held in October in Yerevan
The international FINTECH360 conference will take place on October 26-29, 2023 in the capital city of Armenia - Yerevan. YEREVAN, September 14. /ARKA/. The international FINTECH360 conference will take place on October 26-29, 2023 in the capital city of Armenia - Yerevan. About 150 the senior-level executives from banks, money transfer companies, payment platforms, Fintech startups, specialized associations, and financial regulatory body representatives will have engaging discussions about trends in the digital transformation of the financial sector, and future technologies, as well as best practices for integrating innovations ...
09/14/2023Armenian venture capital community and banks have a good understanding of what the cryptocurrency industry is all about, says Binance CIS regional director
... Is Armenia promising in this regard, taking into account the fact that the government's strategic goal is to turn the country into an IT center of the region? Vladimir Smerkis - We don't close ourselves off - we provide infrastructure for different startups and businesses. This includes Binance Pay for stores and banking institutions that want to issue their own cards, and our liquidity, which can be of interest to local banks, region-wide or global exchanges. Not to mention NFT -marketplaces that can be used by local gaming companies, artists and entertainers. The venture ...
09/07/2023Armenian rank second among founders of U.S.-based unicorn companies with immigrant participation
... States with immigrant participation. YEREVAN, August 10. /ARKA/. Ethnic Armenians rank second among founders of unicorn companies in the United States with immigrant participation. According to the National Foundation for American Policy, the majority of private unicorn startups in the U.S. worth more than $1 billion have at least one immigrant founder. According to the statistics, India ranks first, with immigrants from this country having founded 66 unicorn companies, followed by Israel with 54 companies. Immigrants ...
08/10/2023Ardshinbank becomes partner of Sevan Startup Summit 2023
... ideas and receive constructive advice from experts on their further promotion,” noted Harutyun Ispiryan. It should be noted that Sevan Startup Summit has been held since 2016. After a short break, this year’s event will be attended by about 110 startups from AR-VR/smart city, as well as from finance, education, entertainment, healthcare and other sectors. Around 10,000 participants and visitors are expected to attend the event. During the previous Sevan Startup Summit, the reached investment agreements exceeded $1 million....
07/22/2023Investment attractiveness of Armenia will be presented at Orion Summit 2023 in New York
... Founder of Orion Worldwide Innovations and Venture Partner of Covenant Venture Capital. “The participation of the government and leading companies in the summit will significantly increase the interest of venture companies in Armenia and Armenian startups and strengthen our position in the work with international investment companies, venture funds, and angel investors,” said Diana Arzumanyan, CEO & Co-Founder of Orion Worldwide Innovations Armenia. “Today, economies that are more flexible and invest in innovative sectors ...
05/24/2023The first “Doing Digital” Forum will be held in Yerevan
... speakers and panelists will also delve into the latest trends in cryptocurrencies, the Metaverse, and NFTs, examining their potential benefits and associated risks. The event is open to all interested in digital transformation, including business leaders, IT professionals, entrepreneurs, startups, investors, government officials, PR, marketing, and sales executives. Ameriabank is a leading financial and technology company in Armenia, a major contributor to the Armenian economy, with assets exceeding AMD 1 trillion. In the course of digital ...
03/13/2023Binance on cryptocurrency market regulation in Armenia: "We think there's no need to re-invent the wheel".
... have Binance Labs, a division and gas pedal of Binance Venture Capital, which aims to identify and support the most promising and innovative Web3 projects. The Binance Labs as a whole is designed to empower blockchain entrepreneurs, organizations, and startups with high potential for true innovation and a solid contribution to a thriving and healthy blockchain ecosystem. Since 2018, Binance Labs has invested in more than 200 blockchain projects from more than 25 countries. The division has also incubated nearly ...
03/13/2023Armenia becomes new global platform for relocated foreign nationals
... standard conditions. This is critical for us, because this toolkit is the same as the one needed for professional immigration and repatriation, which is of strategic importance for Armenia," he said. Chobanyan stressed that relocation of foreign IT specialists to Armenia last year resulted in the emergence of an unprecedented number of startups. -0-
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