Zafin, a company founded in 2002, has been simplifying the core modernization of banks worldwide with its SaaS product and pricing platform. The platform allows banks to increase their revenue and profitability while improving customer experiences.
The platform enables business users to collaboratively design and manage pricing, products, and packages, leaving technologists to streamline core banking systems. With 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.
Headquartered in Vancouver, Canada, Zafin has offices around the world. In recent news, Nordic Capital announced that they have 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.
Zafin’s CEO Al Karim Somji is excited about this partnership as it will enable Zafin to become a global leader in banking technology solutions. This partnership will help Zafin increase its market share globally while providing better services to its customers. For more updates on FinTech news readers can check out FinTech Magazine’s latest edition and sign up for FinTech LIVE 2024 conference series – a BizClik brand event.