Startup
Posted: 1 year ago

Epoint - Digital Commerce Platform from Azerbaijan Presented at 500 Georgia Demo Day

Today, at 500Georgia's main event of the year, the founders of the Azerbaijani technology startup, Epoint, presented themselves to investors and spectators at Demo Day.

Epoint is a digital payments aggregator and e-commerce platform that helps small and medium-sized enterprises around the world. According to the founders of the startup, using their platform, legal entities can receive payments in various ways, including ApplePay, GooglePay QR-payments.

According to the founders of the company, Zeinal Karimzada and Hasan Hasanov, who each have 12 years of experience in the field of banking, card processing and e-commerce, they had the idea of creating Epoint two years ago and today they have about three hundred employees - last year, the annual turnover of the company amounted to $6.5 million.

500 Global is a global venture capital firm that invests in early-stage technology startups. Since its inception, 500 Global has invested in more than 2,600 companies - of which 45 are valued at more than $1 billion and more than 130 are valued at more than $10 billion. 500 Global works closely. 500 Global is implemented in the Caucasus under the name of 500Georgia, in cooperation with the Bank of Georgia and the Georgian Technology and Innovation Agency (GITA). Among the goals of 500Georgia are the strengthening of Georgia's startup ecosystem, development of investment potential and scaling of startup companies in the global market.