Startups presented with successful experience of Acba Bank digital transformation

YEREVAN, July 23. /ARКА/. One of the most anticipated events in the Armenian 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 of Acba Bank digital transformation.

“We shared with young startups the experience of the bank’s digital transformation and all the challenges we have faced since 2017, when we launched the bank’s digital transformation program. Of course, many lessons were learned that can be very useful for young startups so that they do not repeat the same mistakes. This experience will help startups succeed and become large organizations. Of course, digital transformation of business is an ongoing process, and it is necessary to build a viable business model that is ready for adaptation, development and evolution in order to withstand technological waves and develop, achieve new successes,” Simonyan noted.

Acba Bank is also the main partner of the Sevan Agritech Summit, which is held within the framework of the Sevan Startup Summit.

The bank is under the supervision of the Central Bank of Armenia.

spot_img

POPULAR

Unibank to Raffle a Trip to Italy

Unibank announces the launch of a special campaign, "More Opportunities with Unibank Mastercard World Travel Card."

A young couple created a “honey planet” in Garni

Three years ago, young spouses Narek Sargsyan and Ruzanna Danielyan created their own "honey planet" in Garni—Bee Planet.

Euro and ruble exchange rates against the Armenian dram continued to decline, while the dollar rose slightly: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of July 14, 2026, increased by 0.05 points compared to July 13, reaching 366.74 drams.

Armenia has benefited from capital transit, but its origins pose reputational risks – Tavadyan

The report of the Council of Europe Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) on Armenia documented the country's progress in developing its anti-money laundering and counter-terrorist financing systems, but identified insufficient effectiveness in investigations, prosecutions, and confiscation of criminal assets, as well as the need for stronger oversight in several economic sectors.

Converse Bank Named Armenia’s Best Digital Bank for Consumers by Euromoney

Converse Bank has been named Armenia’s Best Digital Bank for Consumers by the internationally renowned financial publication Euromoney

LATEST NEWS

spot_imgspot_imgspot_img