by Sheen Gupta -

MICROCAPITAL BRIEF: Evocabank of Armenia Launches Money Transfers via Mobile Phone Number

Evocabank, an Armenian bank, recently partnered with Armenian Card (ArCa), a network of 15 Armenian and international banks, to launch a service that allows Evocabank bank customers to send money transfers using recipients’ mobile numbers, without the need for their bank details. The service is part of Evocabank’s mobile app, EvocaTouch. Transfers are

by Saulius Ramanauskas -

MICROCAPITAL BRIEF: Symbiotics Invests $7.5m in Evocabank of Armenia for MSMEs

Evocabank of Armenia recently gained access to USD 7.5 million from Switzerland-based Symbiotics to on-lend to micro-, small and medium-sized enterprises (MSMEs) with goals including to boost market competition and job creation. Symbiotics sourced the funds from