Zafin

Zafin

Provider of relationship banking software solutions. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
$68—102m (Dealroom.co estimates Jan 2019.)
Vancouver British Columbia (HQ)
  • Edit
DateInvestorsAmountRound

$5.0m

Debt

$15.0m

Late VC
*

$17.0m

Late VC
*

N/A

Buyout
Total Funding$32.0m

Recent News about Zafin

Edit
More about Zafininfo icon
Edit

Zafin is a financial technology company that provides a Software-as-a-Service (SaaS) platform designed specifically for banks and financial institutions. The company's primary focus is on helping these organizations manage and optimize their product pricing, packaging, and offers. By leveraging Zafin's platform, banks can quickly respond to customer needs and competitive pressures with tailored products and pricing strategies. This agility allows banks to attract new customers, retain existing ones, and ultimately grow their business.

Zafin operates in the global banking market, serving a diverse range of clients from small regional banks to large international financial institutions. The company’s business model is subscription-based, meaning banks pay a recurring fee to use Zafin's platform. This model ensures a steady revenue stream for Zafin while providing continuous value to its clients through regular updates and support.

One of the key advantages of Zafin's platform is its ability to deploy new products and pricing strategies in days rather than months, significantly reducing the need for extensive IT support. This efficiency not only saves time and resources but also allows banks to stay ahead of market trends and regulatory changes. Speaking of regulations, Zafin also helps banks ensure compliance by bringing consistency, transparency, and control to their product and pricing practices.

Zafin's platform is particularly beneficial for banks undergoing digital transformation or core modernization. It accelerates these processes while minimizing associated costs and risks. The company prides itself on its international perspective, having worked with banks worldwide and learned from industry leaders across different markets.

In summary, Zafin is a cutting-edge fintech company that empowers banks to enhance their product and pricing strategies, ensuring regulatory compliance and operational efficiency. Its SaaS platform is a vital tool for banks looking to modernize and stay competitive in a rapidly evolving financial landscape.

Keywords: Fintech, SaaS, Banking, Pricing, Compliance, Efficiency, Digital Transformation, Product Management, Global Market, Subscription Model.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.

Investments by Zafin

Edit
FINCAD
ACQUISITION by Numerix Apr 2023