About AvaFin
AvaFin is a company based in Limassol (Cyprus) founded in 2012 by Davis Barons and Matiss Ansviesulis was acquired by Capitec Bank in March 2024. AvaFin has raised $22.14 million across 1 funding round from investors including Capitec Bank and Middlemarch Partners. AvaFin offers products and services including Consumer Loans and Debt Investments.
- Headquarter Limassol, Cyprus
- Founders Davis Barons, Matiss Ansviesulis
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Sectors
Financial Services
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Avafin Holding Ltd
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$22.14 M (USD)
in 1 rounds
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Latest Funding Round
$22.14 M (USD), Series B
Jun 01, 2016
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Investors
Capitec Bank
& 1 more
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Employee Count
Not available
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Acquired by
Capitec Bank
(Mar 12, 2024)
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Products & Services of AvaFin
AvaFin offers a comprehensive portfolio of products and services, including Consumer Loans and Debt Investments.
Digital platform for providing convenient consumer loans to individuals.
Opportunities for investors in debt financing through the platform.
People of AvaFin
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Funding Insights of AvaFin
AvaFin has successfully raised a total of $22.14M through 1 strategic funding round. The most recent funding activity was a Series B round of $22.14 million completed in June 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in AvaFin
AvaFin has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Capitec Bank and Middlemarch Partners.
| Investor | Description | Founded Year | Domain | Location |
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Retail banking services are provided across South Africa.
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Investor details for AvaFin
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Investments & Acquisitions by AvaFin
Investment portfolio details for AvaFin
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Financial Statements - AvaFin
Detailed financials for AvaFin
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Avafin Comparisons
Peer comparison for AvaFin
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Competitors of AvaFin
Detailed competitors of AvaFin
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Latest news on Avafin
Complete news archive for AvaFin
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Frequently Asked Questions about AvaFin
AvaFin was founded in 2012 and raised its 1st funding round 4 years after it was founded.
AvaFin is headquartered in Limassol, Cyprus.
Patrick Kock is the current CEO of AvaFin.
AvaFin is a funded company, having raised a total of $22.14M across 1 funding round to date.
AvaFin was established in 2012 in Limassol, Cyprus. Operations are centered on an online platform for consumer lending within the fintech sector. Personal loan products, including short-term loans, credit lines, credit cards, installment loans, and underwriting services, are provided to users. The focus remains on facilitating access to various financing options in the personal finance domain.
AvaFin offers Consumer Loans and Debt Investments.
AvaFin has 2 investors. Key investors include Capitec Bank, and Middlemarch Partners.