We’re proud to share that Vistara Growth has been named the 2025 Venture Capital Regional Impact Award winner for Western Canada by the CVCA. This recognition celebrates our investment in Zafin, a Vancouver-based fintech company that has grown into a global leader in product and pricing solutions for the banking sector.
Vistara first partnered with Zafin in 2016, helping the company navigate through two defining transitions – from license-based to SaaS, and later from on-premise to cloud-based delivery. Our flexible convertible structure enabled the company to raise equity when the company was better positioned to achieve more favorable terms, setting the stage for a Series B financing, which included Accenture Ventures in 2018.
Over the course of our investment, Zafin achieved significant 8x revenue growth, expansion to 750+ employees across six continents, and culminated in a successful acquisition by Nordic Capital in 2024.
Congratulations to the entire Zafin team, and thank you to CVCA for this meaningful recognition.
