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In 2002, Zafin was founded to provide a SaaS product and pricing platform for top banks worldwide. This platform streamlines core modernization, helping banks increase revenue, profitability, and enhance customer experiences. Business users can collaboratively design and manage pricing, products, and packages, leaving technologists to focus on streamlining core banking systems.

By using 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. With offices around the globe, Zafin is headquartered in Vancouver, Canada.

Recently, Nordic Capital made a deal to acquire Zafin. While the terms of the deal have not been disclosed, completion is expected during Q1 2024. Al Karim Somji, CEO of Zafin believes that this partnership will be a game-changer for the company and its customers, enabling Zafin to become a global leader in banking technology solutions.

To stay updated on FinTech developments, readers 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.

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