Fintech company Zafin scores $13.4 mln in Vistara-led financing

Canada's Vistara Capital Partners, which raised its inaugural fund last year, has led a growth financing of Zafin, a Toronto-based financial software solutions provider. The round provided the company with about $13.4 million (US$10 million) in proceeds to be used to support continued expansion of its product and market development roadmap. Founded in 2002, Zafin has developed a platform technology called miRevenue to help banks deepen customer relationships by uniting customer, product, pricing and billing service functions in one solution. Zafin secured US$15 million from U.S. growth equity investor Kayne Partners in October 2014.

7 November 2016•2 mins read
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