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Top 10 Financial Services Startup Investors in Armenia (November 2026)

The most active venture capital funds and angel investors investing in Armenia Financial Services startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Armenia Financial Services startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Black Sea Trade & Development Bank
VC Fund
2 Greece, Ukraine, Turkey Debt Financing, Post-IPO Debt Financial Services, Energy, Banking $5.5M–$435M
EIB Global
VC Fund
2 Armenia, Egypt, Kenya Debt Financing, Post-IPO Debt, Series B Financial Services, Banking, Finance $37k–$695M
BANA Angels
VC Fund
1 United States, Armenia, France Seed, Pre-Seed Information Technology, Software, Artificial Intelligence $170k–$3.7M
Rafael Mukhtarov
Angel
1 United States, Armenia Seed, Pre-Seed Artificial Intelligence, CRM, SaaS $80k–$500k
Hack VC
VC Fund
1 United States, Singapore, Canada Seed, Series A, Pre-Seed Blockchain, Software, Cryptocurrency $1M–$42M
OPEC Fund
VC Fund
1 Armenia, Vietnam, Uzbekistan Debt Financing, Post-IPO Debt, Grant Financial Services, Banking, Finance $20M–$692M
Artur Janibekyan
Angel
1 United States, Armenia Pre-Seed, Seed SaaS, Software, Machine Learning $750k–$1.1M
6th Man Ventures
VC Fund
1 United States, United Kingdom, Canada Seed, Series A, Pre-Seed Blockchain, Cryptocurrency, Software $1.8M–$30M
Jonathan Weiner
Angel
1 United States, United Kingdom, Armenia Seed, Series A, Series B FinTech, Financial Services, Software $800k–$60M
Stefan Cohen
Angel
1 United States, France, Armenia Series A, Series B, Seed Software, Information Technology, Blockchain $2.9M–$128M
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Investor list

Black Sea Trade & Development Bank
VC Fund · Thessaloníki, Thessaloniki, Greece · 2 investments in Armenia Financial Services startups, 6 in the past 12 months

The Black Sea Trade and Development Bank (BSTDB) is an international financial institution established by 11 countries in the Black Sea region.

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Investment focus

  • Industry: Financial Services, Energy, Banking
  • Stage:Debt Financing, Post-IPO Debt
  • Geography: Greece, Ukraine, Turkey

Investor stats

  • Total investments: 60
  • Round size: Post-IPO Debt $5.5M–$339M; Debt Financing $7.1M–$435M
  • Lead/follow: 77% lead, 23% follow

Portfolio highlights

  • Rezolv Energy — Discover how renewable energy producers are shaping a new era of sustainable power and reducing environmental impact.
  • Metinvest Group — Metinvest is an international, vertically integrated mining and metals company. The Group comprises mining and metallurgical assets in Ukraine, Europe and the US, complemented by a global sales network. Metinvest manages the complete production chain, from extracting iron ore and coal to manufacturing semi-finished and finished steel products. Withassets close to key railway lines and ports, Metinvest can supply raw materials and steel products anywhere in the world.
  • Econergy Renewable Energy — Econergy to create, own, and manage utility-scale renewable energy projects, guided by in-depth knowledge of the industry, regulations, and technology at each crucial stage, from creation to supply
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EIB Global
VC Fund · Luxembourg, Luxembourg, Luxembourg · 2 investments in Armenia Financial Services startups

EIB Global is the arm of the European Investment Bank for activities outside the European Union. EIB Global supports climate action, economic growth, and development.

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Investment focus

  • Industry: Financial Services, Banking, Finance
  • Stage:Debt Financing, Post-IPO Debt, Series B
  • Geography: Armenia, Egypt, Kenya

Investor stats

  • Total investments: 11
  • Round size: Post-IPO Debt $37k–$232M; Debt Financing $2.6M–$695M
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Wema Bank — Wemabank is one of the resilient banks and the founder of Africa's first totally digital bank, ALAT. To the ever-growing client base, they provide a variety of retail and SME banking, corporate banking, treasury, trade, and financial advisory services. In delivering value to all of its stakeholders, they have remained inventive. They have ahistory of trust and tenacity that has earned us devoted consumers and are continually creating products and services that are customised to their needs at all stages of life.
  • Nuclidium — NUCLIDIUM is a clinical-stage radiopharmaceutical company that develops novel radionuclide PET tracers for precision diagnostics. Using copper isotopes, Copper-61 for diagnostics and Copper-67 for therapeutics, the company is creating a differentiated platform with the potential to overcome existing limitations in radiotheranostics.
  • Egyptian Electricity Transmission Company — Egyptian Electricity Transmission Company manages, operates, and maintains high-voltage electricity grids. It acts purely as a utility infrastructure operator to transmit bulk power from power plants to regional distribution networks.
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BANA Angels
VC Fund · Delevan, New York, United States · 1 investments in Armenia Financial Services startups

BANA Angels is a network of investors, entrepreneurs and executives from Armenia and abroad interested in making investments in startup companies.In addition to capital, the members bring their expertise, experience and network to influence the success of the startups they invest in.

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Investment focus

  • Industry: Information Technology, Software, Artificial Intelligence
  • Stage:Seed, Pre-Seed
  • Geography: United States, Armenia, France

Investor stats

  • Total investments: 21
  • Round size: Seed $170k–$2.5M; Pre-Seed $335k–$3.7M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • BioNeex — Find Investors and Partners | Search and Evaluate Assets
  • 10Web — Start from files, links, social profiles or an idea. 10Web's AI builds a real website, store or app. Hosting and payments included. Free to build.
  • BrandLens — Video submissions made easy. Collect UGC, testimonials, and fan videos through guided, in-browser experiences that scale without friction. White-label available
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Rafael Mukhtarov
Angel · 1 investments in Armenia Financial Services startups

Rafael Mukhtarov

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Investment focus

  • Industry: Artificial Intelligence, CRM, SaaS
  • Stage:Seed, Pre-Seed
  • Geography: United States, Armenia

Investor stats

  • Total investments: 4
  • Round size: Seed $300k–$500k; Pre-Seed $80k–$120k
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • DocuHart — HartDocs is an innovative startup offering an AI-powered CRM system for document management. Our platform uses artificial intelligence to automate the creation, storage, and retrieval of legal and accounting documents. HartDocs helps companies optimize processes, increase efficiency, and ensure data security.
  • Datum — Datum is a CRM system for data annotation and storage for AI training.
  • Getfloorplan — - 10% of new buildings in Eastern Europe are sold using getfloorplan AI service - We have more than 900+ customers All over the world with geography from USA to Asia - And we sold more than 15,000 design projects per month
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Hack VC
VC Fund · San Francisco, California, United States · 1 investments in Armenia Financial Services startups

Hack VC is a web3 venture capital firm.

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Investment focus

  • Industry: Blockchain, Software, Cryptocurrency
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Singapore, Canada

Investor stats

  • Total investments: 293
  • Round size: Seed $2M–$15M; Pre-Seed $1M–$8M; Series A $6M–$42M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: Likely still investing — raised $150M in 2024

Portfolio highlights

  • Axis Robotics — AXIS ROBOTICS | Transferring Diverse Human Intelligence Into Robotic General Intelligence
  • Hyperlane — Hyperlane is the platform for developers building the interchain universe
  • Silicon Data — Silicon Data delivers real-time GPU pricing, benchmarks, and market intelligence, helping companies optimize costs, performance, and sustainability.
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OPEC Fund
VC Fund · Vienna, Wien, Austria · 1 investments in Armenia Financial Services startups, 9 in the past 12 months

The OPEC Fund for International Development is the development finance institution established by the Member States of OPEC in 1976 as a channel of ...

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Investment focus

  • Industry: Financial Services, Banking, Finance
  • Stage:Debt Financing, Post-IPO Debt, Grant
  • Geography: Armenia, Vietnam, Uzbekistan

Investor stats

  • Total investments: 26
  • Round size: Post-IPO Debt $25M–$692M; Debt Financing $20M–$460M
  • Lead/follow: 54% lead, 46% follow

Portfolio highlights

  • SeA Bank — SeA Bank is a banking institution that provides services like preferential loans, tax service, online transaction solutions and more.
  • Ameriabank — Ameriabank CJSC is a universal bank offering corporate, investment and retail banking services in a comprehensive package of banking solutions. They carve out paths for improvement of your business and lifestyle, via both traditional and alternative, hyper-advanced banking technologies.
  • ETG — ETG, established in 1967, is one of the largest and fastest growing integrated agricultural conglomerates in sub-Saharan Africa, importing and exporting soft commodities to and from 48 countries including Tanzania, Kenya, Malawi, Mozambique, Nigeria and South Africa. It also has supply chain operations in China, India, America, Middle East, andSouth East Asia; merchandising desks in Europe, and; treasury companies in Singapore, Mauritius and UAE. Globally, ETG is present across 48 countries. ETG runs its business under five business verticals: 1. Fertilizer and Farm Inputs: ETG is one of the largest importers and distributors of fertilizers and farm inputs in sub-saharan africa 2. Cash traded products: Pulses, Sesame seed, Cashew and Rice are key commodities in this vertical. ETG is the world largest trader and processor of Pulses as well as world largest trader for raw cashew nuts. 3. Exchange traded commodities: Grains & oilseeds, sugar, coffee, cocoa, maize and soybean are key products in this segment. ETG is one of the major players for maize and soybean in sub-shara africa 4. Consumer Branded (Vamara): ETG operates multiple processing plants across 14 countries to manufacture products that are targeted to African consumers. ETG has 22 brands in its portfolio that offers products from vegetable cooking oil, condiments, and spreads, etc. 5. Logistics: ETG operates a very successful and integrated Logistics platform. ETG has a network of more than 400+ warehouses across 32 countries and a fleet of more than 900 trucks. ETG provided end-to-end Logistics services across sub-Sahara Africa.
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Artur Janibekyan
Angel · Yerevan, Yerevan, Armenia · 1 investments in Armenia Financial Services startups

Artur Janibekyan is based out of Yerevan, Armenia and is the Founder and Media Manager of Comedy Club Production. Artur Janibekyan attended Yerevan State University

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Investment focus

  • Industry: SaaS, Software, Machine Learning
  • Stage:Pre-Seed, Seed
  • Geography: United States, Armenia

Investor stats

  • Total investments: 9
  • Round size: Pre-Seed $750k–$1.1M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • Activeloop — Activeloop is the company behind Deeplake, the GPU database for agents. Explore Deeplake at deeplake.ai.
  • BallButton — Ballbutton (software & app) helps clubs & studios manage their business and grow the revenue by managing bookings, payments, programs, lessons, teams, and memberships. Ballbutton helped many clubs to restart their operations during the unprecedented difficult times the fitness industry had to go through because of the COVID-19: • Processbookings on the mobile app, • Process contactless payments online and on the mobile app, • COVID-19 waiver signing on the mobile app, • Online check-ins on the mobile app.Comes with a 1 month's Free Trial and 24/7 customer support! Go ahead and schedule your free zoom demo at www.ballbutton.com
  • Seaside Startup Summit — The platform attracts leading angels, venture capitalists, entrepreneurs, and policymakers willing to join their peers in an intimate setting to think, act, and transform their environment via entrepreneurship.
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6th Man Ventures
VC Fund · New York, New York, United States · 1 investments in Armenia Financial Services startups

6th Man Ventures is an early stage crypto VC firm investing in web3 applications & infrastructure6MV was born from a love of web3 in practice and principle, founded and run by a group who both see the potential and actively work to bring projects to life every day. That makes us incredible partners to have on your journey.6th Man Ventureswas established in March 2021 in New York, United States.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 169
  • Round size: Seed $2.4M–$14M; Pre-Seed $1.8M–$4.5M; Series A $8M–$30M
  • Lead/follow: 11% lead, 89% follow
  • Last fund: Likely still investing — raised $145M in 2022

Portfolio highlights

  • BetHog — BetHog is a new crypto sports book that brings home the bacon.
  • Trove — Rip packs of trading cards online and get the real cards shipped to your door.
  • Kairos Labs — Which way are rates going? Call Up or Down on DeFi rates and see the most you can lose before you trade. Fixed-rate loans and carry trades on Aave too.
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Jonathan Weiner
Angel · New York, New York, United States · 1 investments in Armenia Financial Services startups

Jonathan Weiner is based out of New York, New York and is the Founder of HumanX. Jonathan previously worked at FastPay as a Board Member. Jonathan Weiner attended the University of Massachusetts Amherst.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Kingdom, Armenia

Investor stats

  • Total investments: 63
  • Round size: Seed $800k–$11M; Series A $3.5M–$18M; Series B $9.5M–$60M
  • Lead/follow: 2% lead, 98% follow

Portfolio highlights

  • Vendelux — Vendelux is the leading event intelligence platform built to turn in-person events into a measurable, scalable growth channel. Vendelux applies real-time attendee data from our database of 250,000+ B2B events to help GTM teams identify the right events, secure qualified meetings, and attribute pipeline back to specific events.
  • Ledge — Automate your finance operations with Ledge and gain full payments visibility, automated reconciliation, and a single source of payments truth. Say goodbye to manual work and financial data chaos. Get started in minutes, integrate with your existing payments stack, and focus on strategic tasks with confidence.
  • OurRitual — Couple Goals Made Possible. Relationship Support For Busy People, Practical Tools & Expert Feedback
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Stefan Cohen
Angel · San Francisco, California, United States · 1 investments in Armenia Financial Services startups

Stefan Cohen is based out of San Francisco, California and is the Managing Director and Member of Crypto Team of Bain Capital Ventures. Stefan previously worked at Turbonomic. Stefan Cohen attended the Clark University.

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Investment focus

  • Industry: Software, Information Technology, Blockchain
  • Stage:Series A, Series B, Seed
  • Geography: United States, France, Armenia

Investor stats

  • Total investments: 25
  • Round size: Seed $2.9M–$6.2M; Series A $8M–$88M; Series B $25M–$128M
  • Lead/follow: 64% lead, 36% follow

Portfolio highlights

  • CoinStats — Own crypto in multiple exchanges and wallets? Sync them to CoinStats so you track and manage them from one place. Track 8000+ coins and 300+ exchanges.
  • Jumbo Privacy — We want to help build an internet we can all trust. Learn how to take back control of your online privacy and security today.
  • Meanwhile — The world's first regulated Bitcoin life insurance. Tax-efficient wealth planning for long-term Bitcoin holders.
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Financial Services Investor funding in Armenia at a glance

Stats across 14 deals from 10 investors.

10
investors
in Armenia Financial Services startups
14
deals
in Armenia Financial Services startups
$18M
median round
in Armenia Financial Services startups
70%
lead investors
lead at least one round
79%
Debt Financing
most common funding stage
100/0
VC / Angel
share of investor count

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