Full-Time
Confirmed live in the last 24 hours
SaaS platform for banking product pricing
Senior, Expert
Toronto, ON, Canada
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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.
Company Size
501-1,000
Company Stage
Late Stage VC
Total Funding
$31.1M
Headquarters
Vancouver, Canada
Founded
2002
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Zafin introduces IO Canvas, a low-code builder, to redefine data integration for financial institutions.
VANCOUVER, British Columbia-(BUSINESS WIRE)-Responding to the increasing demand for hyper-personalization in banking, Zafin, a global provider of SaaS core modernization and transformation solutions, has announced its new Tiering capability.
Zafin, a global provider of SaaS core modernization and transformation solutions for banks, announced today the extension of its worldwide strategic collaboration with Microsoft.
LTIMindtree, a global technology consulting and digital solutions company, is now a global implementation partner for 10x Banking’s core banking platform.The companies have formed a global partnership agreement in which they will work together to help financial institutions adopt modern core banking systems, according to a Thursday (Aug. 15) press release.As part of this partnership, LTIMindtree has established a new global practice that includes experts dedicated to the 10x platform, according to the release.“As banks review their strategy, they recognize the opportunity for innovation and transformation,” Ram Khizamboor, chief delivery officer, banking, financial services and insurance at LTIMindtree, said in the release. “Increasingly, they are looking at next-generation core banking systems with their lightweight core and real-time capabilities to drive growth, enhance efficiencies and deliver superior value to their customers.”Antony Jenkins, founder, chair and CEO of 10x Banking, said in the release that the partnership will enable 10x to serve more financial institutions, helping them modernize their legacy core systems.“By combining our best-in-class platform and LTIMindtree’s expertise, we are set up to deliver transformational solutions that address the challenges that financial institutions face today and support them into the future,” Jenkins said.This news comes about a week after 10x Banking partnered with Zafin, a provider of software-as-a-service (SaaS) core modernization and transformation solutions for banks, to enable financial institutions to modernize their core banking systems incrementally.The phased approach enabled by this collaboration makes the implementation of core banking systems less disruptive while delivering immediate value, thereby mitigating risk, maintaining stakeholder confidence and reducing upfront capital expenditures.Another collaboration in this category was formed in June when Mastercard and Thought Machine expanded their partnership to deliver payments and core banking capabilities to financial institutions worldwide.This collaboration brings together Mastercard’s global network and digital solutions and Thought Machine’s cloud-native core banking and payments platform.In March, Citi Ventures announced that it became a strategic investor in core banking provider Tuum.Citi Ventures, which acts as a strategic investor on behalf of Citi, will introduce Tuum to key stakeholders within the bank to explore commercialization opportunities
Zafin and 10x Banking have partnered to enable banks and financial institutions to modernize their core systems incrementally. This phased approach makes the implementation less disruptive while delivering immediate value, thereby mitigating risk, maintaining stakeholder confidence and reducing upfront capital expenditures, the companies said in a Tuesday (Aug. 6) press release. The new partnership brings together Zafin’s software-as-a-service (SaaS) core modernization and transformation solutions for banks and 10x Banking’s cloud-native core banking platform, according to the release