Product and engineering for banks in Armenia and the region. We work from the opportunity through the design to software running in production, and we stay with it afterwards.
Cashless payment overtook cash in Armenia in 2025, and online card spend is growing faster than the card market as a whole. Retail lending is the slowest-moving part of most balance sheets here, while the behaviour that retail products attach to is growing at double digits.
Balance sheets here are growing. The product shelf is not.
These are the propositions we research, design and deliver. Each one is shaped to a specific bank — its risk appetite, its core system, its customers.
The work that decides whether a product ships happens long before the first line of code.
Instead of starting from screens, we build a precise model of the business itself — what an instalment plan is, which states it can be in, what happens on early repayment, on refund, on default. We do it with AI assistance, which covers far more of the real behaviour, far earlier, than a team working by hand. That model is not a diagram. It is the specification the software is built from, and it is where most banking projects quietly go wrong: the screens get designed, the edge cases surface in testing, and the timeline doubles.
The processes that come out of the domain model run on an engine we have already built, rather than being written from scratch each time. It is what lets us move quickly without losing precision, and it is why the foundations laid for one product carry the next one instead of being rebuilt for it.
A product can be one addition to something that already exists, or it can be the platform several products stand on. The work is the same discipline at every size.
They keep building what they know. We bring the domain model and the engineering practice, so what reaches them is properly specified before a line of code is written. How the work divides between us is yours to set and yours to review.
You hand us the outcome and the date. We assemble the team, design it, build it, take it live and keep it running — one accountable party instead of several to coordinate.
The structure of your product, design and engineering functions, the architecture that lets systems be extended rather than rebuilt, and the standards your own teams and outside partners are held to. This works alongside a CTO once you have hired one, or before that.
Built for institutions that are regulated, audited and answerable.
Our delivery partners have built digital banks in the United Kingdom from the ground up — core banking platforms, ledgers, card and faster payment services, event-driven architecture, and Banking-as-a-Service handling millions of accounts. That is the standard we hold here.
What we add is this market: how lending actually moves in Armenia, where the card spend sits, which segments are arriving, and what a bank here can realistically put into production in a quarter.
We will come back with what we think the opportunity is worth, how it would be built, and how long it takes.