19 October 2017
Register now

Zafin secures $5 million growth capital

13 December 2013  |  1468 views  |  0 Source: Zafin

Zafin is very pleased to announce the completion of a private financing arrangement with Vancouver-based Beedie Capital Partners (BCP). BCP is committing a total of $5 million to provide additional growth capital to Zafin.

"We strongly believe in Zafin's vision that banks will become digital marketplaces for financial services, enabled by technologies such as the Zafin software suite," said Randy Garg, managing partner at BCP. "The combination of Zafin's established customer base of global banking customers, growing industry recognition, and a strong pipeline of new business is a testament to the tremendous value in Zafin's solutions."

"We are extremely excited about being part of the future of this company," noted Garg.

"This investment will provide the additional capital needed to more aggressively pursue growth opportunities in the market," said Al Karim Somji, founder and CEO of Zafin. "Beedie has been very flexible in providing a highly-tailored financing solution specific to our needs."

"We look forward to a long-term partnership with BCP as our future requirements continue to evolve."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related company information

Zafin

Related blogs

Create a blog about this story (membership required)
Register nowvisit www.capgemini.comvisit www.fivedegrees.nl

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15493 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8690 views comments | 16 tweets | 22 linkedin
hands typing furiouslyHow artificial intelligence can deliver a...
8306 views 0 | 8 tweets | 9 linkedin
satelliteGates Foundation backs Ripple collaboratio...
7762 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
6953 views comments | 9 tweets | 17 linkedin

Featured job

Competitive base + commission + benefits
Denmark, Finland, Iceland, Norway or Sweden

Find your next job