Faraz Idea No Afarin Tek Private Limited Company

What Faraz Idea No Afarin Tek Private Limited Company does

Faraz Idea No Afarin Tek Private Limited Company, operating as IRFintech (فاینتک), is a Tehran-based licensed investment advisory and asset management firm incorporated in November 2017 as a private joint stock company (Sahami Khass). The firm is Iran's first specialized financial institution serving the knowledge-based and technology ecosystem, holding five licenses from the Securities and Exchange Organization (SEO): investment advisory, portfolio management, listing/acceptance advisory, securities offering advisory, and collective financing/crowdfunding. IRFintech was capitalized at 100 billion Rials by a consortium of seven state-affiliated technology commercialization funds including the Nanotechnology Fund, Biotechnology Fund, Iranian Technology Development Fund, and University Research and Technology Fund, providing it with privileged deal flow from the country's innovation economy.

IRFintech operates across four integrated business lines: (1) Investment Advisory and Portfolio Management, including discretionary dedicated portfolios under a 0.5%-1% fixed fee plus 20% performance fee structure, with 50 active portfolios and approximately 8,000 billion Rials in assets under management; (2) Capital Market Services including valuation, feasibility studies, listing advisory, capital increase advisory, M&A, and corporate restructuring, with the valuation team having served over 70 knowledge-based companies and participated in more than 60% of Article 44 IPOs on the Tehran Stock Exchange; (3) Financing Solutions including equity-based financing, Islamic debt instruments (lease, murabaha, istisna, mudarabah), innovation bonds, and the HamAfarin crowdfunding platform licensed by Farabourse; and (4) Investment Fund Management across three funds — the Pishgaman fixed-income fund, the Modir pension fund ETF on Farabourse, and the Etebar private equity fund, which was Iran's first licensed PE fund. Core valuation methodology uses fundamental analysis frameworks (DCF/DDM, FCFF/FCFE, relative valuation) supplemented by technical and behavioral finance models.

The firm's go-to-market combines enterprise field sales for advisory mandates with inside sales via dedicated phone lines, plus referral channels through its shareholder fund network and institutional investors. Customers include major Iranian enterprises across banking (Bank Mellat, Bank Saderat, Bank Eghtesad Novin), telecommunications (MCI/Hamrah-e Aval, Rightel), oil and gas (Tehran Oil Refinery), petrochemical (Parsa Polymer Sharif), biotechnology (Cinagen group), fintech (Tapsi, Pardakht Aval/Jiring), and the National Pension Fund. Pricing is governed by bilateral agreements within the SEO regulatory framework, with disclosed fees ranging from 0.5%-1% fixed on portfolio management AUM to 20% of excess returns above 20% annual return, and NAV-based pricing for investment fund subscriptions.

Name

Faraz Idea No Afarin Tek Private Limited Company

Legal name

Faraz Idea No Afarin Tek Investment Advisor (Sahami Khass) Private Joint Stock Company (شرکت مشاور سرمایه‌گذاری فراز ایده نو آفرین تک سهامی خاص)

Website

https://irfintech.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Faraz Idea No Afarin Tek (IRFintech) is an SEO-licensed Iranian investment advisory firm specializing in the knowledge-based economy. It provides portfolio management, valuation, fund management, and crowdfunding services, managing approximately 8,000 billion Rials across 50 dedicated portfolios and three investment funds.

Ownership category

akta.pro rank

Headquarters

HQ city

Tehran

HQ country

Iran

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Investment Advisory Fees: Advisory fees charged for investment consulting, capital raising, IPO admission, and M&A services. Fees are based on bilateral agreements within the framework of Securities and Exchange Organization regulations.
2. Portfolio Management (Sebdargardani): Asset management and portfolio management services for individual and institutional clients. Revenue includes fixed fees and performance-based fees.
3. Portfolio Management Fees: Fixed fee of 0.5% to 1% of deposited capital plus variable fee of 20% of returns above 20% annual return.
4. Investment Fund Management: Management of investment funds including fixed income fund (Pishgaman), ETF (Modir Fund), and private equity fund (Etebar).
5. Crowdfunding Platform (Ham Afarin): Collective financing platform operating under Farabourse license. Facilitates financing for companies in exchange for partnership certificates.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Faraz Idea No Afarin Tek Private Limited Company (IRFintech) is an Iranian licensed investment advisory and asset management firm that provides SEO-regulated portfolio advisory, dedicated portfolio management, investment fund administration, and fintech consulting, and operates the HamAfarin equity crowdfunding platform for investors and capital-raising businesses.

Product overview

Faraz Idea No Afarin Tek Private Limited Company (فاینتک) is a licensed investment advisory and asset management firm operating under the Securities and Exchange Organization of Iran. The company operates as a financial services platform offering a comprehensive suite of products: core licensed services including investment advisory, portfolio management (سبدگردانی), asset management, and valuation services; capital market services such as listing advisory, capital increase advisory, and M&A advisory; financing solutions including equity crowdfunding through the 'Hamafarin' platform, debt securities issuance (including innovation bonds, lease, murabaha, and istisna bonds), and capital-based financing; and investment fund management across three branded funds: the Modir Wealth Management ETF (صندوق مدیریت ثروت), the Pishgaman Fixed-Income Fund (صندوق پیشگامان سرمایه نوآفرین), and the Etebar Private Equity Fund (صندوق اعتبار سرمایه نوآفرین). The company also prepares feasibility studies and business plans and provides corporate restructuring services. As the first specialized financial institution in Iran's knowledge-based ecosystem, the company focuses on serving knowledge-based companies, startups, and institutional investors.

Differentiator

Problem solved

Functional benefit

Brands

• Pishgaman Saraneaye NowAfarin (پیشگامان سرمایه نوآفرین): Fixed-income investment fund with minimum 75% in fixed securities and 15-25% in equities, listed on Farabourse.
• Etebar Saraneaye NowAfarin Private Equity Fund (صندوق خصوصی اعتبار سرمایه نوآفرین)
• HamAfarin (هم‌آفرین)
• Modiriat-e Tharava Pension Fund ETF (صندوق مدیریت ثروت صندوق بازنشستگی کشوری)

Products and services

• Investment Advisory Services SEO-licensed securities and portfolio advisory service providing regulated investment advice to corporate, institutional, and other clients in Iran.
• Dedicated Portfolio Management Discretionary management of dedicated client portfolios, currently covering 50 portfolios with approximately 8,000 billion Rials in assets under management.
• Investment Funds Three SEO-regulated pooled investment funds managed by the firm, providing investors with diversified fund exposure under the firm's portfolio management oversight.
• HamAfarin (هم‌آفرین) Equity Crowdfunding Platform Proprietary crowdfunding platform operated by the firm that connects Iranian investors with businesses raising equity capital through regulated online offerings.
• Fintech Consulting Services Strategic and operational consulting services for fintech sector participants in Iran, delivered under the IRFintech (فاینتک) brand.

Quantifiable outcome

• Financing contracts ranging from 10 to 300 billion Rials successfully executed
• +4 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature3 records

Partnerships

Five partnerships are on record, tiered major, core and minor.

• Modir Fund (صندوق بازنشستگی کشوری)majorOthers · 1 January 1399Manages the wealth of the national pension fund. FinTech serves as the investment manager for this equity ETF listed on Farabourse since 1399.
• Farabourse Iran (فرابورس ایران)coreStrategic or Co-development Partner · 1 January 1398Official licensing and regulatory oversight body for crowdfunding platform operations. Issues securities certificates for Ham Afarin platform transactions.
• Innovation and Prosperity Fund (صندوق نوآوری و شکوفایی)majorStrategic or Co-development Partner · 1 January 1398Government fund providing bond guarantee services for startups and knowledge-based companies using FinTech's financing services.
• Iran Think Tank Network (شبکه کانون‌های تفکر ایران)minorStrategic or Co-development Partner · 1 January 1396Strategic partner providing thought leadership and policy expertise in technology and innovation ecosystem.
• Securities and Exchange Organization (سازمان بورس و اوراق بهادار)coreOthers · 1 January 1396Primary regulatory body issuing all operational licenses including investment advisory, portfolio management, acceptance advisory, and securities issuance advisory.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Houlihan Lokey: Houlihan Lokey is an international investment bank with strong valuation services, M&A advisory, and capital markets expertise. Comparable to IRFintech's valuation services (court-certified, SEO-accredited), M&A advisory, listing advisory, and capital increase advisory businesses.
• Cohen & Steers: Cohen & Steers is a specialized asset manager with significant institutional AUM and focus on real assets and alternative income. Comparable to IRFintech's specialized institutional portfolio management and investment advisory services for institutional clients including pension funds.
• Hamilton Lane: Hamilton Lane is a private markets investment firm with both advisory and fund management businesses across private equity, private credit, and infrastructure. Comparable to IRFintech's combination of investment advisory, private equity fund management (Etebar PE Fund), and capital raising services.
• StepStone Group: StepStone Group is a private markets investment firm with both advisory and fund management capabilities across private equity, private debt, and real assets. Comparable to IRFintech's private equity fund management (Etebar), investment advisory, and limited partner advisory services.
• WisdomTree Investments: WisdomTree is an ETF sponsor and asset manager offering exchange-traded funds across multiple asset classes. Directly comparable to IRFintech's ETF management business (Modir Wealth Management ETF for Iran Pension Fund) and broader fund management offerings.
• PJT Partners: PJT Partners is an investment bank with advisory, fundraising, and asset management businesses serving institutional clients. Comparable to IRFintech's combined advisory, capital raising (financing contracts 10-300 billion Rials), and fund management services.
• Artisan Partners: Artisan Partners is a boutique asset management firm offering actively managed investment strategies across multiple asset classes. Comparable to IRFintech's portfolio management and investment fund management services across equity, fixed income, and private equity strategies.

Broad incumbents

• Lazard: Lazard is a global financial advisory and asset management firm offering investment advisory, asset management, and corporate advisory services. Comparable to IRFintech's combined investment advisory, portfolio management, and M&A advisory offerings, though at much larger scale and broader geographic reach.
• Evercore: Evercore is an independent investment bank providing advisory services across M&A, restructuring, and capital markets. Comparable to IRFintech's advisory and corporate restructuring services, valuation expertise, and capital markets advisory, though operating at much larger scale globally.

Emerging players

• Manning & Napier: Manning & Napier is a focused investment management firm providing active investment strategies and wealth management services, similar in boutique scale to IRFintech. Comparable to IRFintech's portfolio management, dedicated portfolio services (50 portfolios, 10 billion Rial minimum), and wealth management offerings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/irfintech-ir

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Faraz Idea No Afarin Tek Private Limited Company