Zafin: Providing Solutions for the Most Influential Financial Institutions around the World

Zafin Secures Acquisition from Nordic Capital: Simplifying Core Banking Systems to Accelerate Growth

Since its inception in 2002, Zafin has been a leading provider of SaaS technology for top banks worldwide. The company’s platform simplifies the modernization of core banking systems, allowing banks to increase revenue, profitability and enhance customer experiences.

With Zafin’s technology, business users can collaboratively design and manage pricing, products and packages, leaving technologists to streamline core banking systems. This enables banks to accelerate time-to-market for new products and offers while lowering the cost of change. Additionally, the platform increases business agility and enables personalized pricing and dynamic responses to customer and market needs.

Headquartered in Vancouver, Canada, Zafin has offices and customers around the globe. Recently, Nordic Capital made a deal to acquire Zafin. The terms of the deal have not been disclosed but are expected to be completed during Q1 2024. According to Al Karim Somji, CEO of Zafin, this partnership with Nordic Capital will be a game-changer for the company and its customers, enabling Zafin to become a global leader in banking technology solutions.

For those interested in FinTech updates, FinTech Magazine is an excellent resource. The latest edition is now available online along with sign-up information for FinTech LIVE 2024 – a global conference series that brings together industry leaders from around the world. FinTech Magazine is a BizClik brand.

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