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Top 10 FinTech Startup Investors in Armenia (September 2026)

The most active venture capital funds and angel investors investing in Armenia FinTech startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Armenia FinTech startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
EIB Global
VC Fund
2 Armenia, Egypt, Kenya Debt Financing, Post-IPO Debt, Series B Financial Services, Banking, Finance $37k–$695M
Black Sea Trade & Development Bank
VC Fund
2 Greece, Ukraine, Turkey Debt Financing, Post-IPO Debt Financial Services, Banking, Energy $5.5M–$370M
Artur Janibekyan
Angel
1 United States, Armenia Pre-Seed, Seed SaaS, Software, Machine Learning $750k–$1.1M
Stefan Cohen
Angel
1 United States, France, Armenia Series A, Series B, Seed Software, Information Technology, Blockchain $2.9M–$128M
6th Man Ventures
VC Fund
1 United States, United Kingdom, Canada Seed, Series A, Pre-Seed Blockchain, Cryptocurrency, Software $1.8M–$30M
OPEC Fund
VC Fund
1 Armenia, Vietnam, Uzbekistan Debt Financing, Post-IPO Debt, Grant Financial Services, Banking, Finance $20M–$692M
Hack VC
VC Fund
1 United States, Singapore, Canada Seed, Series A, Pre-Seed Blockchain, Software, Cryptocurrency $1M–$42M
Rafael Mukhtarov
Angel
1 United States, Armenia Seed, Pre-Seed Artificial Intelligence, CRM, SaaS $80k–$500k
BANA Angels
VC Fund
1 United States, Armenia, France Seed, Pre-Seed Information Technology, Software, Artificial Intelligence $170k–$3.7M
Jonathan Weiner
Angel
1 United States, United Kingdom, Armenia Seed, Series A, Series B FinTech, Financial Services, Software $800k–$60M
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Investor list

EIB Global
VC Fund · Luxembourg, Luxembourg, Luxembourg · 2 investments in Armenia FinTech 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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Black Sea Trade & Development Bank
VC Fund · Thessaloníki, Thessaloniki, Greece · 2 investments in Armenia FinTech 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, Banking, Energy
  • Stage:Debt Financing, Post-IPO Debt
  • Geography: Greece, Ukraine, Turkey

Investor stats

  • Total investments: 57
  • Round size: Post-IPO Debt $5.5M–$339M; Debt Financing $7.1M–$370M
  • Lead/follow: 77% lead, 23% follow

Portfolio highlights

  • OKKO Group — OKKO Group operates fuel retail and is expanding into renewable energy generation in Ukraine.
  • 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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Artur Janibekyan
Angel · Yerevan, Yerevan, Armenia · 1 investments in Armenia FinTech 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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Stefan Cohen
Angel · San Francisco, California, United States · 1 investments in Armenia FinTech 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: 24
  • Round size: Seed $2.9M–$6.2M; Series A $8M–$88M; Series B $25M–$128M
  • Lead/follow: 63% lead, 37% 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.
  • Turnkey — Turnkey is an encryption service provider that offers secure APIs to manage private keys.
  • 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.
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6th Man Ventures
VC Fund · New York, New York, United States · 1 investments in Armenia FinTech startups, 8 in the past 12 months

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 — Trove Collectibles is a content and commerce platform focused on sports cards and collectibles.
  • Kairos Labs — Kairos Labs is an Ethereum ecosystem interest rate swap protocol
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OPEC Fund
VC Fund · Vienna, Wien, Austria · 1 investments in Armenia FinTech startups, 11 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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Hack VC
VC Fund · San Francisco, California, United States · 1 investments in Armenia FinTech 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 — Revolutionize compute markets through unparalleled data transparency, financial product innovation and market intelligence
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Rafael Mukhtarov
Angel · 1 investments in Armenia FinTech 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 — Artificial intelligence Real estate ambassador | Mother of 10,000,000 3D apartment plans | Helping people to see their dream home +1 929 224 5867
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BANA Angels
VC Fund · Delevan, New York, United States · 1 investments in Armenia FinTech 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 — The first Biopharma R&D open Exchange Platform for Licensing and Co-Development Partnerships of Drug Candidates
  • 10Web — Unlock powerful tools for hosting, building, optimizing, and securing your site. Elevate your web presence with 10Web.
  • 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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Jonathan Weiner
Angel · New York, New York, United States · 1 investments in Armenia FinTech startups

Jonathan Weiner is the Founder of HumanX. He 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 — AI-Powered Event Intelligence Platform with speaker, sponsor and attendee data covering over 250,000 trade shows and conferences.
  • 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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FinTech Investor funding in Armenia at a glance

Stats across 18 deals from 19 investors.

19
investors
in Armenia FinTech startups
18
deals
in Armenia FinTech startups
$10M
median round
in Armenia FinTech startups
47%
lead investors
lead at least one round
61%
Debt Financing
most common funding stage
79/21
VC / Angel
share of investor count

Access all 19 investors in Armenia FinTech startups.

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