Zafin, founded in 2002, is a SaaS product and pricing platform that helps top banks worldwide streamline their core banking systems. The platform simplifies the modernization process, allowing banks to increase revenue and profitability while enhancing customer experiences. With Zafin’s technology, business users can collaboratively design and manage pricing, products, and packages, leaving technologists to focus on streamlining operations.
By using Zafin’s technology, banks can accelerate time-to-market for new products and offers, lower the cost of change, and achieve tangible business and risk outcomes. The platform also increases business agility and enables personalized pricing and dynamic responses to customer and market needs.
Zafin is headquartered in Vancouver, Canada, with offices around the globe. Recently, Nordic Capital has acquired Zafin with over 30 years of experience in accelerating the growth of innovative technology companies. The terms of the deal have not been disclosed yet but are expected to be completed during Q1 2024.
Al Karim Somji, CEO of Zafin believes that this partnership will be a game-changer for the company and its customers. With Nordic Capital’s support, Zafin will become a global leader in banking technology solutions. FinTech enthusiasts can stay updated by checking out the latest edition of FinTech Magazine and signing up for FinTech LIVE 2024 conference series – a BizClik brand.