Zafin

SaaS platform for banking product pricing

Vancouver, British Columbia, Canada

About Zafin

Zafin provides a Software-as-a-Service (SaaS) platform tailored for banks and financial institutions to manage and optimize their product pricing, packaging, and offers. The platform enables banks to quickly adapt to customer needs and competitive pressures by deploying new products and pricing strategies in days, rather than months, which reduces reliance on extensive IT support. This efficiency helps banks attract new customers, retain existing ones, and grow their business while ensuring compliance with regulations through consistent and transparent practices. Zafin serves a wide range of clients, from small regional banks to large international institutions, and operates on a subscription-based model that provides ongoing value through regular updates and support. The company's goal is to assist banks in their digital transformation and core modernization efforts, allowing them to remain competitive in a rapidly changing financial landscape.

Vancouver, CanadaHeadquarters
2002Year Founded
$31.1MTotal Funding
LATE_VCCompany Stage
Fintech, Financial ServicesIndustries
501-1,000Employees

Benefits

Paid Vacation
Wellness Program
Professional Development Budget
Hybrid Work Options

Risks

Increased competition from low-code platforms may threaten Zafin's market share.
High failure rates in digital transformations could deter banks from modernization projects.
Rapid AI advancements may require Zafin to invest heavily in R&D to stay competitive.

Differentiation

Zafin's miRevenue platform offers unique dynamic pricing and billing solutions for banks.
The company provides rapid deployment of new products, reducing time from months to days.
Zafin's SaaS model ensures continuous updates and compliance for financial institutions.

Upsides

Zafin's partnership with Microsoft enhances AI capabilities for better data analytics.
The introduction of IO Canvas aligns with the low-code trend, reducing development costs.
Zafin's collaboration with 10x Banking supports phased, less risky digital transformations.

Funding

Total raised$31.13 M
Latest valuation$85.00 M
StageLATE_VC