Zafin, a company founded in 2002, has been providing a SaaS product and pricing platform for top banks worldwide. This platform simplifies core modernization, helping banks increase revenue, profitability and enhance customer experiences. It enables business users to collaboratively design and manage pricing, products, and packages, leaving technologists to streamline core banking systems.
With the help of 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.
Nordic Capital has recently acquired Zafin in a deal that is expected to be completed during Q1 2024. The terms of the deal have not been disclosed but this partnership is believed to be a game-changer for both companies as well as their customers. With this acquisition, Zafin aims to become a global leader in banking technology solutions.
Readers who are interested in updates on FinTech can check out the latest edition of FinTech Magazine and sign up for the global conference series – FinTech LIVE 2024. FinTech Magazine is a BizClik brand.