Armenian National Interests Fund (ANIF) has created Armenia’s first online crowd investing platform, ARFI (Armenia Financed).

It provides investors worldwide with the opportunity to invest in Armenian SMEs and tech startups.

ARFI reported that as of 29 Nov 2022, the Armenian Central Bank has registered and licensed ARFI investment company to be the platform’s operator (license number IC0023). Today marks the beginning of the submission and cooperation process with potential business projects and companies.

“This platform aims to contribute to the growth of Armenian companies, expand alternative investment products in Armenia, and strengthen Armenia’s business environment and relationships with the Diaspora,” the news release says.



Investing through the platform is expected to begin in early 2023. ARFI has also begun negotiating with well-known Armenians to participate in its future success.

The platform will host business projects, including their creation history, development, and financial projections. Companies will be able to place stocks and bonds on the platform.

“We have been waiting for this event for a long time. Time will tell, but I believe today will mark a shift in the business environment and economic development of Armenia. We believe that ARFI will become an effective instrument to reinforce trust of Diaspora towards doing transparent business in Armenia,” said Serge Grigoryan, the Chairman of ARFI’s board of directors.

Edgar Evoyan, CEO of ARFI investment company, noted that the platform will be an innovative addition to Armenia’s financial ecosystem: “It will certainly have a positive impact on the country’s capital markets.”

Anyone over 18 can invest in projects they believe in from anywhere in the world.