AvaFin

We make money available!

General Information
Company Name
AvaFin
Founded Year
2012
Location (Offices)
Poland +6
Founders / Decision Makers
Number of Employees
225
Industries
Finance, Financial Services
Funding Stage
-
Social Media

AvaFin - Company Profile

AvaFin: Transforming Fintech

AvaFin, an international fintech group established in 2012, is dedicated to revolutionizing financial solutions. With the slogan "We make money available," the company aims to provide seamless and efficient loan products to consumers across five markets: Poland, Spain, Mexico, the Czech Republic, and Latvia. AvaFin prides itself on its leading positions in these markets, reflecting its robust presence.

AvaFin's overarching mission revolves around tailoring loan products to meet customer needs while prioritizing convenience and satisfaction. This approach fosters long-term customer relationships, positioning the company as a go-to choice for addressing financial requirements. Notably, AvaFin is owned by Capitec Bank, South Africa’s foremost consumer bank, holding over 97% of the company's shares.

Since its inception, AvaFin has experienced consistent growth, serving a staggering 1.3 million unique customers and issuing over €1.25 billion in loans. In 2022, the company achieved a record net profit of €8.3 million, demonstrating an upward trajectory in profit margins.

The foundation of AvaFin's success lies in its diverse multinational perspective, with a team of over 350 professionals representing more than 15 countries. This global mindset fuels continuous improvements in the customer journey and operational processes, setting the stage for sustainable growth and innovation.

Industries: Finance, Financial Services

Taxonomy: Consumer Loans, Financial Solutions, International Operations, Technology Platform, Loan Products, Profit Margin, Multinational Team, IT Technology, Growth Strategy

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