Zafin Secures $10M in Growth Financing

zafinZafin, a Vancouver, British Columbia, Canada-based financial technology company serving financial institutions of all sizes, raised USD $10m in additional growth capital.

Backers included Vistara Capital Partners and Beedie Capital Partners.

The company intends to use the funds to expand its product and market development roadmap.

Led by Founder and Group CEO Al Karim Somji, Zafin provides a financial technology platform, miRevenue, which allows banks to unite common customer, product, pricing and billing functions in one integrated solution and process transactions for customers across retail banking, cash management, wealth management and custody services.



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