Farid Ismayilzada was born on January 1st, 1984 in Sheki, Azerbaijan. After graduating from English Language Gymnasium in 1999, he moved to Turkey to study at Bilkent University. There he received a BA in International Relations. At the age of 19, after graduation from Bilkent University as an honor student, Farid decided to change gears and move to Silicon Valley in the United States to study at San Jose State University. His specialization was “Business Administration with a concentration in high tech companies.” During his stay in San Jose, Farid was president of AIESEC San Jose--a local branch of the largest student-run organization in the world. Upon graduation in 2005, Farid moved to New York to be a Business Development Manager of AIESEC USA. In 2006, he decided to move back to his home country to set up the Azerbaijani branch of the American company, Silverkey Technologies.
In 2007, Farid launched Azerbaijan’s first online payment service provider company: GoldenPay. Today, GoldenPay is the country’s largest online payment service provider. He also founded “hesab.az,” which is the largest online services platform in Azerbaijan. In 2011, he worked as a Chief Strategy Officer at Komtec which is in business of electronic payments. In 2013, Farid founded eMobile which built the most used loyalty program in Azerbaijan called “Ulduzum” for Bakcell. From July 2018 and to July 2019, Farid worked at Azerconnect as Chief Innovation Officer.
Farid is involved in many social activities as well. He is the chairman of the Board of Advisros of AIESEC Azerbaijan and an active member of the US-Educated Azerbaijani Alumni Association (AAA). Farid was also Vice-Chairperson and Chairperson of AmCham Azerbaijan’s ICT Committee and served as a member of AMCHAM Board of Directors between 2013 and 2017. Since November 2017, he also serves as Supervisory Board member for AZINNEX - Consortium of largest 10 IT companies of Azerbaijan.
Currently, he fully dedicated himself to Technovate Incubation Center and sometimes does small consulting projects.
Technovate is a boutique Incubation Center established by Farid Ismayilzada in order to create an opportunity for entrepreneurs who have an idea to start a business or startups that want to take their business to the next level. The primary mission of the center is to create at least one startup from Azerbaijan with a valuation of 100M USD or more by 2023. That’s why we select projects with only global potential. Farid Ismayilzada chooses the projects himself and gets involved in every aspect of the project providing angel investment and also dedicates his resources to them.