Zafin | Investments | Nordic Capital

Zafin

Provider of SaaS core modernisation and transformation solutions

Zafin is recognised as an industry leader for its innovative approach to bank core modernisation. Zafin’s SaaS platform provide banks with next-gen product and pricing capabilities without the risks associated with large core migration projects. 

Company Background

  • Founded in 2002, Zafin’s SaaS platform enables banks to design and manage relationship pricing, products, and packages, including personalised propositions
  • With Zafin, banks can quickly launch new products and offers in response to changing customer and market needs while ensuring operational control, regulatory compliance and cost efficiency.
  • Zafin is headquartered in Vancouver, Canada, with offices around the globe. Its customers include global top tier banks such as Wells Fargo, HSBC and ING  

Vision & Outlook

  • Enable Zafin to modernise and transform core bank systems for banks globally
  • Continued development of platform with further investments into product, data and integration capabilities
  • Expand commercial capabilities to accelerate growth further in North America and internationally
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SECTOR

Technology & Payments

REVENUES 2023

EUR 65 million

EMPLOYEES

700

OWNERSHIP

Nordic Capital XI

INVESTMENT DATE

2024

HEAD OFFICE

Vancouver, Canada

CHAIRPERSON

Johan Ek

MANAGEMENT

Al Karim Somji

CEO

Darren Negreaeff

CFO

RESPONSIBLE ADVISOR

Mohit Agnihotri

Nordic Capital's Technology & Payments focus

Having invested in the sector for more than two decades, Nordic Capital is one of the most experienced Technology & Payments investors in Northern Europe. Focus is set on companies with great potential to drive superior growth and benefit from fundamental market trends.

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