Valuation
$108.8M
2021 Revenue
$36.3M
Customers
40
Funding
$32.2M
Avg ACV
$906.7K
Team
577
Founded
2002
How Zafin CEO Al Karim Somji grew Zafin to $36.3M revenue and 40 customers in 2021.
Provider of financial software products intended to make banking better for both the customer and the bank. The company's SaaS-based platform offers a product and pricing lifecycle management (PPLM) platform which allows banks to manage products, pricing, loyalty and billing across the entire client relationship, enabling banks deepen customer relationships by uniting common customer, product, pricing and billing functions in one integrated service.
Last updated
Zafin Revenue
In 2021, Zafin's revenue reached $36.3M. Since its launch in 2002, Zafin has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2021 | Zafin Hit $36.3m revenue in April 2021 |
| 2002 | Launched with $0 revenue |
Zafin Valuation, Funding Rounds
Zafin's most recent disclosed valuation is $108.8M.
Zafin has raised $32.2M in total funding across 2 rounds, with its most recent round in 2019.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2019 | Funding round | $17.2M | - | - |
| 2014 | Funding round | $15M | - | - |
Zafin Employees & Team Size
Zafin employs approximately 577 people as of 2026, up from 419 in 2021.
Zafin has 577 total employees in different roles and functions and 3 sales reps that carry a quota. They have 40 customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2023 | Reached 577 employees (July 2023) |
| 2021 | Reached 419 employees (April 2021) |
Founder / CEO
Al Karim Somji
Al Karim Somji founded Zafin in 2002. Besides his role as CEO, he is the chief visionary at Zafin, and as such, he has successfully built a team focused on delivering innovations and sustainable revenue growth in banking. Today, Zafin’s solutions play an important and strategic role at some of the largest and most innovative banks in the world.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how Zafin acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about Zafin
What is Zafin's revenue?
Zafin generates $36.3M in revenue.
Who founded Zafin?
Zafin was founded by Al Karim Somji.
Who is the CEO of Zafin?
The CEO of Zafin is Al Karim Somji.
How much funding does Zafin have?
Zafin raised $32.2M.
How many employees does Zafin have?
Zafin has 577 employees.
Where is Zafin headquarters?
Zafin is headquartered in Toronto, Ontario, Canada.
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Compare Zafin to the industry
Zafin operates across multiple industries. Browse revenue, funding, and growth data for Zafin in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .