11:31 | 11.06.18 | Articles | exclusive 68164

Armenian Currencii successfully graduates Startup Wise Guys program

“Swedbank has a special online platform to place partners’ apps, which the bank’s external partners can use. Our startup will be available on the platform by the end of the year,” Vahagn Grigoryan informed.

Exchange of EUR 120k and more than 50 clients

Currencii has accomplished transactions of around EUR 120k so far.

The startup signed an agreement with more than 50 clients mainly from Latvia.

EU countries are targeted

Currencii will continue to strengthen and involve clients in Latvia, though the main target is EU countries.

Vahagn Grigoryan emphasized that young people from Armenia interested in Fintech can contact them and join Currencii team.

On Currencii

Armenian startup Curencii represents an online platform for foreign currency exchange, allowing users to save for up to 10 times on exchange transactions.

There are two sides in the system: buyer and seller. Currencii serves as a bridge between the parties, generating all the demands and then transferring the required money to each. The participants of the transaction do not see each other, based on security considerations. This way no one can cheat.

Narine Daneghyan