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Companies›AzkiVam

AzkiVam

Verified
FintechlendtechMAX Holding ›In the registry
Entity IDIR-CO-233
SectorFintech
Founded2020
HQTehran
VerificationVerified
Last reviewed2026-08-05

Lendtech/loan platform under Azki/MAX Holding ecosystem. Tehran Index record: founded 2020, headquartered in Tehran.

Doing business with AzkiVam? Check who legally owns and runs it: registry identity, capital and current board from the Official Gazette, in English with the Persian source, in three working days for USD 750. Full dossier with audited figures and competitors, USD 3,000. Order a AzkiVam registry check · see a free sample

SnapshotMetricsBusinessLeadershipGroupOwnershipTimelineGapsSources
Decision snapshot
Founded
Registered 10 March 2021, in the year the profile gives as its founding year
Registration date 10 March 2021Third-party reported
Way2Pay company profile of Afra Sarmayeh Digital (AzkiVam) ↗ · retrieved 2026-07-27
Legal entity
Afra Sarmayeh Digital (افرا سرمایه دیجیتال)
CurrentCompany disclosed
Azkivam blog / Way2Pay ↗ · retrieved 2026-07-27
Parent group
Began as the financial arm of MAX Investment Holding, backed by the Azki brand
As listed on 1 October 2026Third-party reported
Way2Pay company profile of Afra Sarmayeh Digital (AzkiVam) ↗ · retrieved 2026-07-27
Employees
About 140
profile last updated 9 September 2026Third-party reported
Way2Pay company profile of Afra Sarmayeh Digital (AzkiVam) ↗ · retrieved 2026-07-27
Registered capital
1,450,000,000,000 IRR (145 billion toman), increase registered 28 April 2025. Registered capital is a nominal legal figure and is not a valuation.
increase registered 28 April 2025 = 2025-04-28Official record
National Company Registry via Rasmio (capital-change table on record page) ↗ · retrieved 2026-08-05

Every field carries an explicit evidence state and its source. Self-reported figures are labelled as such; nothing is presented with more certainty than its source supports.

Operating metrics, period-stamped
Users~2022-23Third-party reported
500K+
Ecomotive.ir (CEO interview) ↗ · retrieved 2026-07-271401 figure; current count is likely higher but unconfirmed
Credit-volume growth~2022-23Third-party reported
16x increase year-over-year
Ecomotive.ir (CEO interview) ↗ · retrieved 2026-07-27Growth rate at time of interview, not a current figure
Industry recognitionFY2024-25Company disclosed
"Best Lendtech of the Year," 2024-25
Azkivam blog ↗ · retrieved 2026-07-27
Business model & group
Core productsAs listed on 1 October 2026Third-party reported
BNPL credit purchases, Propi (organizational BNPL), Vadi (B2B lending infrastructure platform), cashback, in-person sales financing
Way2Pay company profile of Afra Sarmayeh Digital (AzkiVam) ↗ · retrieved 2026-07-27Vadi lets other businesses set credit limits and run instalment sales for their own customers. The list is Way2Pay's profile, not the company's own site.
Business modelAs listed on 1 October 2026Third-party reported
Lendtech platform offering credit, instalment purchase and BNPL to individuals and businesses, plus B2B credit infrastructure (Vadi). The profile does not say how the company earns its revenue.
Way2Pay company profile of Afra Sarmayeh Digital (AzkiVam) ↗ · retrieved 2026-07-27The cited profile describes the services but not the revenue model.
Key partnershipsAnnounced 29 May 2023Third-party reported
Blubank, consumer credit of 10 to 75 million toman
Way2Pay ↗ · retrieved 2026-07-27A memorandum between MAX Holding, AzkiVam and Blubank, reported by Way2Pay from AzkiVam's public relations.
Leadership
CEOAs listed on 1 October 2026Third-party reported
Mohammad Mehdi Momeni Renani (محمدمهدی مومنی رنانی)
Way2Pay company profile of Afra Sarmayeh Digital (AzkiVam) ↗ · retrieved 2026-07-27Way2Pay's company profile names him co-founder and chief executive, in charge since the company was founded. The profile does not give his education.
Corporate family
MAX Holding
AdilarHR TechAzkiFintechAzki SarmayehFintechBarolineLogisticsChapAghaE-commerceDoctorPayFintechDoctorToHealthtechGMaxAdsMediaKhodro45E-commerceMammut System (msys)Enterprise SWMax DentalHealthtechMax DigitalFintechOtobanE-commerceVaranegarEnterprise SWVira Chemists (Shimidanan Vira)HealthtechYoutopinTravel

Tracked entities in the same corporate family. Ownership percentages appear in Ownership & capital only when disclosed.

Ownership & capital
Group affiliationAs listed on 1 October 2026Third-party reported
Described as the financial arm of MAX Investment Holding, backed by the Azki brand; the profile lists the ownership type as private and names no shareholders
Way2Pay company profile of Afra Sarmayeh Digital (AzkiVam) ↗ · retrieved 2026-07-27The cited profile describes a group relationship and does not say who holds the shares.
Legal operator (terms and conditions)Company disclosed
Clause 37 of the terms states that the registered trademarks, the technical components of the website and application, and the Azki Vam brand identity belong to Afra Sarmaye Digital (private joint stock), trading as Azki Vam, registration number [held on the record].
Azki Vam terms and conditions (azkivam.com/terms-and-conditions) ↗ · retrieved 2026-09-16Read on 16 September 2026. The passage is the operator naming itself on its own surface; Tehran Index read the sentence and judged that it ties this brand to this legal person.
Signals & timeline, AzkiVam mentions
2026-09-20AzkiVam expands lending to gold market with 6 platforms2026-08-23Tapsifood launches in-store BNPL with Tara, Digipay, Bluebank, AzkiVam2026-07-22AzkiVam CEO: Lendtech growth requires transparency, self-regulation, and bank cooperation2026-06-30AzkiVam provided 73000 loans worth 3500 billion toman in 2024-25

From the published signal feed; each record links to its source. All signals →

What we don't know
Not disclosedNot disclosed

Stated gaps are part of the record: in an opaque market, knowing what is NOT publicly established is as decision-relevant as what is.

Source ledger, every field, its evidence
FoundedThird-party reportedRegistration date 10 March 2021
Registered 10 March 2021, in the year the profile gives as its founding year
Way2Pay company profile of Afra Sarmayeh Digital (AzkiVam) ↗ · retrieved 2026-07-27retrieved 2026-07-27
Legal entityCompany disclosedCurrent
Afra Sarmayeh Digital (افرا سرمایه دیجیتال)
Azkivam blog / Way2Pay ↗ · retrieved 2026-07-27retrieved 2026-07-27
Parent groupThird-party reportedAs listed on 1 October 2026
Began as the financial arm of MAX Investment Holding, backed by the Azki brand
Way2Pay company profile of Afra Sarmayeh Digital (AzkiVam) ↗ · retrieved 2026-07-27retrieved 2026-07-27
EmployeesThird-party reportedprofile last updated 9 September 2026
About 140
Way2Pay company profile of Afra Sarmayeh Digital (AzkiVam) ↗ · retrieved 2026-07-27retrieved 2026-07-27
Registered capitalOfficial recordincrease registered 28 April 2025 = 2025-04-28
1,450,000,000,000 IRR (145 billion toman), increase registered 28 April 2025. Registered capital is a nominal legal figure and is not a valuation.
National Company Registry via Rasmio (capital-change table on record page) ↗ · retrieved 2026-08-05retrieved 2026-08-05
CEOThird-party reportedAs listed on 1 October 2026
Mohammad Mehdi Momeni Renani (محمدمهدی مومنی رنانی)
Way2Pay company profile of Afra Sarmayeh Digital (AzkiVam) ↗ · retrieved 2026-07-27retrieved 2026-07-27
Core productsThird-party reportedAs listed on 1 October 2026
BNPL credit purchases, Propi (organizational BNPL), Vadi (B2B lending infrastructure platform), cashback, in-person sales financing
Way2Pay company profile of Afra Sarmayeh Digital (AzkiVam) ↗ · retrieved 2026-07-27retrieved 2026-07-27
Business modelThird-party reportedAs listed on 1 October 2026
Lendtech platform offering credit, instalment purchase and BNPL to individuals and businesses, plus B2B credit infrastructure (Vadi). The profile does not say how the company earns its revenue.
Way2Pay company profile of Afra Sarmayeh Digital (AzkiVam) ↗ · retrieved 2026-07-27retrieved 2026-07-27
Key partnershipsThird-party reportedAnnounced 29 May 2023
Blubank, consumer credit of 10 to 75 million toman
Way2Pay ↗ · retrieved 2026-07-27retrieved 2026-07-27
UsersThird-party reported~2022-23
500K+
Ecomotive.ir (CEO interview) ↗ · retrieved 2026-07-27retrieved 2026-07-27
Credit-volume growthThird-party reported~2022-23
16x increase year-over-year
Ecomotive.ir (CEO interview) ↗ · retrieved 2026-07-27retrieved 2026-07-27
Industry recognitionCompany disclosedFY2024-25
"Best Lendtech of the Year," 2024-25
Azkivam blog ↗ · retrieved 2026-07-27retrieved 2026-07-27
Group affiliationThird-party reportedAs listed on 1 October 2026
Described as the financial arm of MAX Investment Holding, backed by the Azki brand; the profile lists the ownership type as private and names no shareholders
Way2Pay company profile of Afra Sarmayeh Digital (AzkiVam) ↗ · retrieved 2026-07-27retrieved 2026-07-27
Legal operator (terms and conditions)Company disclosed
Clause 37 of the terms states that the registered trademarks, the technical components of the website and application, and the Azki Vam brand identity belong to Afra Sarmaye Digital (private joint stock), trading as Azki Vam, registration number [held on the record].
Azki Vam terms and conditions (azkivam.com/terms-and-conditions) ↗ · retrieved 2026-09-16retrieved 2026-09-16

Last full review: 2026-08-05 · Tehran Index research desk · corrections: desk@tehranindex.com

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Registered entity
Legal entityAfra Sarmaye Digital
Entity typeoperating
StatusActive
Registered10 March 2021
Registered capital1.45 trillion IRR
Board & shareholders
Mohammad Mehdi Momeni RenaniCEO
Sasan Mo'adelChairman · rep. Mekas Sarmaye
Hamed ValipouriVice Chair · rep. Azki insurance brokerage
Mahmoud Mirzaei LonbarMember
Mohammad Gerkani NezhadMember · rep. Mekas Novin Technology
Aras AnariMember
OwnershipAzki / MAX group

Registered capital is the share capital recorded in the official gazette. Increases are real corporate events, but they are commonly funded from retained earnings or converted receivables and are also driven by inflation and regulatory minimums. It is not a valuation, and Tehran Index does not present it as one.

Official contact
Registered addressTehran, Heshmatieh, Marvdasht St., Moallem St., Mega Pars Administrative Complex, 9th Floor
Postal code1639769523
Emailinfo@azkivam.com
Evidence & verification
Verification tierVerified, registry / official source
Primary evidencemaxholding.co
Registry identifiersWithheld for compliance

Fields on this profile derive from linked public sources or the official company registry; unknown values stay blank rather than guessed, and estimates are always labelled. How we verify →

Quick facts
Tehran, Iran
Founded 2020
azkivam.com/LinkedIn
Company dossier

Registry check on AzkiVam: legal entity, capital, board and managing director from the Official Gazette. USD 750, three working days. Full dossier with audited figures, competitors and risks: USD 3,000, five working days.

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