Zafin

Zafin

SaaS platform for banking product pricing

About

Zafin offers a Software-as-a-Service (SaaS) platform designed for banks and financial institutions to manage product pricing and packaging. The platform allows banks to quickly create tailored products and pricing strategies, enabling them to respond to customer needs and market competition efficiently. Unlike competitors, Zafin's solution can deploy new offerings in days, reducing reliance on IT support and ensuring compliance with regulations. The goal is to help banks modernize and grow their business while maintaining operational efficiency.

Company Stage

Late Stage VC

Employees

501-1,000

Industries

Fintech, Financial Services

Total Funding

$31.1M

Headquarters

Vancouver, Canada

Founded

2002


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Simplify's Take

What believers are saying

  • 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.

What critics are saying

  • 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.

What makes Zafin unique

  • 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.

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Growth & Insights
Headcount

6 month growth

3%

1 year growth

3%

2 year growth

4%

Benefits

Paid Vacation

Wellness Program

Professional Development Budget

Hybrid Work Options

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