Zafin, a global leader in product and pricing technology solutions for the financial services industry, announced today that it has been named one of North America’s fastest growing technology companies for the third straight year in a row.
The Deloitte Technology Fast 50 and Fast 500 programs celebrate leadership, innovation, and rapid growth in the Canadian and North American technology sectors, based on the percentage of revenue growth over the past five years. Zafin ranked 50th on the Canadian Fast 50™ List and 414th on the North American Fast 500™ List with a 230 percent in revenue growth from 2012 to 2015.
“Zafin is proud to be the leading solution for banks looking to deliver frictionless customer experiences that are based on trust and transparency, while driving revenue, efficiency and digital strategies” said Al Karim Somji, Founder and CEO of Zafin. “Our position on this year’s Fast 50 and 500 lists is a tribute to our customers as well as our dedicated team of professionals across the world who continue to drive forward new and innovative solutions to meet the needs of the financial services industry.”
Zafin was first recognized two years ago when it was ranked 16th on Deloitte’s 2014 Fast 50 List™ and 133rd on the 2014 North American Fast 500 List. Last year, Zafin was ranked 28th on Deloitte’s 2015 Fast 50 List™ and 219th on the 2015 North American Fast 500 List™.
The Deloitte Technology Fast 50 program is Canada’s pre-eminent technology awards program. Celebrating business growth, innovation and entrepreneurship, the program features three distinct categories including the Technology Fast 50 Ranking, Companies-to-Watch Awards (early-stage Canadian tech companies in business less than four years, with the potential to be a future Deloitte Technology Fast 50 candidate) and the Leadership Awards (companies that demonstrate technological leadership and innovation within the industry.) Program sponsors include Deloitte, Aequitas NEO Exchange, Bank of Montreal, Bennett Jones, OMERS Ventures and Vistara Capital Partners. For further information, visit www.fast50.ca.
Technology Fast 500™ provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies – both public and private - in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2012 to 2015.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 or USD, and current-year operating revenues of at least $5 million or USD. Additionally, companies must be in business for a minimum of four years, and be headquartered within North America.
As a leading financial technology provider, Zafin’s mission is to make banking better for both the customer and the bank. Our award-winning platform, miRevenue, helps banks deepen customer relationships by uniting common customer, product, pricing and billing functions in one integrated solution. Today, financial institutions of all sizes use miRevenue to increase revenue, enhance operational efficiency, streamline regulatory compliance and enable a connected digital banking ecosystem. Each year, our clients trust miRevenue to process billions of transactions for hundreds of millions of their customers across retail banking, cash management, wealth management and custody services. As a proud Canadian company, Zafin’s 100 percent retention rate underscores our proven track record as a trusted partner for our clients.