About us

Alpha Processing is a software development company specialized in creating advanced embedded systems, payment and settlement platforms and currency exchange systems for Partners, who are ready to take online payments and other transactions to the next level. Over the past years, we have expanded our expertise to include the engineering and manufacturing of our own in-house produced payments and currency exchange kiosks. We founded Alpha Processing in 2013, in Yerevan, building it based on our own experience of 20+ years in creating innovative and successful software solutions and systems. Reflecting on the past years, we are proud to have come a long way and serve a growing number of Partners who are at the frontlines of the fintech sector in the region. We are constantly generating ideas, building new, future-ready systems and are excited to be serving our customers achieve their ever-changing technology goals!

Our expertise

Ideation

To make sure that our products meet the exact needs and expectations of our Partners, we take a strategic approach of turning an idea into a valuable product. Hence, we heavily engage with the client’s team in the early stages of our collaboration to be able to deliver a product that is both ground-breaking and caters the client’s precise business needs.

Leading-edge architecture

Taking into consideration all aspects of the business need and the technical requirements of the product, we create the concept of the software solution and design its architecture with its front-end and back-end sections, as well as the hardware. We are capable of taking on new challenges and have years of proven experience in creating software solutions that address new requirements and accommodate advanced technologies.

End-to-end software development

From developing a rapid prototype to MVP and to full-fledged platforms, we cover the entire software development lifecycle, including the final improvements of all modules, as well as QA and testing processes.

Hardware engineering

From developing a rapid prototype to MVP, we cover the entire product development lifecycle, including the final technical improvements and testing processes.

Our core team

Ashot Hovhannisyan

Co-founder, CEO

Ashot is the co-founder of Alpha Processing, as well as its CEO. His 20+ years of experience as the mastermind and engineer of enterprise software solutions has resulted in the creation of some of the most complex and comprehensive systems, which are still successfully operating in the Armenian and international markets. An expert in computational mathematics and numerical methods, Ashot has graduated with honors from the Faculty of Applied Mathematics of Yerevan State University (MS). He is highly skilled in a wide stack of programming languages and frameworks.

Suren Stepanyan

Co-founder

Suren co-founded Alpha Processing with the vision of building innovative systems for the fintech sector. He is involved in the company’s growth, generation of new ideas, and implementation of new solutions. Suren has graduated with honors from the Faculty of Applied Mathematics of Yerevan State University (MS). Throughout his career of 30+ years, Suren has specialized both in the technology and business sectors. Over the past years, he has founded several companies providing fintech services and solutions. Currently, he is also the CEO of Alpha Invest, a company providing a variety of services for the fintech industry.

Artyom Mamyan

Chief engineer

As a Chief engineer at Alpha Processing, Artyom has been with our team since our first days and is leading our efforts in designing and producing hardware for monetary transactions and currency exchange. Artyom has graduated from the Faculty of Radiophysics and Electronics of Yerevan State University (MS). Artyom is also an experienced software engineer and equipment designer.

Our partners

Over the past years, we have proudly collaborated with Partners with whom we have accelerated the creation of payment systems that come with differentiating factors and have helped them stand out in the market.