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Aharon Levonyan

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At a glance

Full Name
Aharon Levonyan
Title
Founder & CEO / Executive Director
Firm
FIDO Invest CJSC (operator of the SUPERRA investment platform); also Managing Partner, FL Consulting; Chairman, UPay
Firm Type
Angel investor / individual financier and fintech operator-investor
Investment Stage
Seed / early stage (per source classification)
Sector Focus
Fintech, payments, banking, financial services
Geographic Focus
Armenia (with prior cross-border M&A activity in Georgia)
Location
Yerevan, Armenia

Background

Aharon Levonyan is a Yerevan-based finance and fintech executive whose career spans banking, payments, consulting and hospitality. He is the founder and Executive Director of FIDO Invest CJSC, an investment-services company licensed by the Central Bank of Armenia on 27 June 2023. FIDO Invest operates SUPERRA, marketed as the first financial mobile trading/savings platform in Armenia, allowing retail users to buy and sell government and corporate bonds (and stocks) through a mobile app — part of Levonyan's stated mission to "democratize" investing and shift Armenian capital "from static deposits to active investments."

Earlier in his career, Levonyan served as CEO of Cascade Bank, where he led M&A transactions in Armenia and Georgia. He was one of the early investors in the IDram payment system, where he is credited with helping drive the company's transformation, and he currently serves as Chairman of the UPay payment system. He also held the role of Chief Financial Officer of Seraphim Industries (having previously been associated with Seraphim Consulting) and is Managing Partner of FL Consulting. Around 2018 he was elected Second Vice President / Treasurer of the American Chamber of Commerce in Armenia (AmCham), and at the Yerevan Tech Forum 2023 he was listed as serving on the Digital Transformation and Innovations Board at Converse Bank.

Levonyan is a recurring voice in Armenia's financial-sector and capital-markets discussions. He has spoken on open-banking adoption at a World Banking Forum conversation, on the development of Armenia's fintech industry at local forums, and is billed as a speaker at Power Consulting Days (10–11 September 2025) — in the "Mapping players of the Armenian Capital Market" session — where his talk centers on "Dollar Voting" as a way to unlock Armenia's investment potential. Sources describe his academic background as including a Ph.D. in Economics and graduate business study at Columbia University and London Business School.

*(Note: this profile aggregates the most prominent public "Aharon Levonyan" active as an investor/financier in Armenia. The stub email domain, cch.am, could not be independently resolved to a firm during research; it is retained as provided and should be verified.)*

Investment Thesis & Focus

  • Operates primarily as a strategic / early-stage investor and operator in Armenian fintech and financial infrastructure — payments (IDram, UPay), banking (Cascade Bank), and investment platforms (FIDO Invest / SUPERRA).
  • Central thesis is capital activation: in his own framing, "Dollar Voting" and moving household savings "from static deposits to active investments" to fuel "the growth of promising companies" in Armenia.
  • Focus on democratizing access to investing — SUPERRA is positioned as "fast, simple and available," aiming to make markets accessible "for everyone regardless of experience."
  • Geographic conviction in Armenia's developing capital market, with demonstrated willingness to do cross-border deals (M&A in Armenia and Georgia during his Cascade Bank tenure).

Notable Investments

  • IDram — one of the early investors in Armenia's leading digital wallet / payment system; credited with helping lead its transformation.
  • UPay — payment system where he serves as Chairman (strategic/leadership stake).
  • FIDO Invest / SUPERRA — founder-owned investment company and retail trading platform (bonds and stocks), licensed 2023.
  • Cascade Bank — as CEO, led M&A transactions across Armenia and Georgia.

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