Avafin Overview
- Founded
-
2012

- Status
-
Private
- Employees
-
360

- Latest Deal Type
-
Debt
- Latest Deal Amount
-
$11.6M
- Investors
-
2
Avafin General Information
Description
Operator of an online consumer finance platform intended to offer financial products to customers. The company's platform utilizes sophisticated customer scoring models and machine-learning algorithms to ensure an automated underwriting process and to secure excellent loan performance, providing consumers with convenient loan products with minimal time to cash.
Contact Information
Website
www.avafin.com
Formerly Known As
Creamfinance
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Consumer Finance
Primary Office
- 40 Kimonos Street
- Limassol, 3095
- Cyprus
Avafin Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
6. Debt - General | $11.6M | 000.00 | Completed | Generating Revenue | ||
5. Later Stage VC (Series B) | 27-Mar-2017 | 000.00 | 000.00 | 0000 | Completed | Generating Revenue |
4. Early Stage VC (Series A) | 14-Mar-2016 | 00.000 | 000.00 | Completed | Generating Revenue | |
3. Early Stage VC | 28-Nov-2014 | 00.000 | 000.00 | Completed | Startup | |
2. Angel (individual) | $221K | $7.62M | Completed | Startup | ||
1. Debt - General | $7.4M | $7.4M | Completed | Startup |
Avafin Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Financing
Details
Operator of an online consumer finance platform intended to offer financial products to customers. The company's platfor
Consumer Finance
Limassol, Cyprus
360
As of 2022
000.00
0000
000.00
Avafin Competitors (23)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
4finance | Private Equity-Backed | Riga, Latvia | 000 | 00000 | 000000000 | 00000 |
000000 | Venture Capital-Backed | Guadalajara, Mexico | 000 | 00000 | 0000000000 0 | 00000 |
00 0000000 | Venture Capital-Backed | Barcelona, Spain | 000 | 00000 | 0000000000 0 | 00000 |
0000 000000000 000 | Formerly PE-Backed | Wichita, KS | 0000 | 00000 | 000000 - 000 | 00000 |
00000 | Private Equity-Backed | London, United Kingdom | 00 | 00000 | 00000000000 | 00000 |
Avafin Executive Team (15)
Avafin Board Members (8)
Name | Representing | Role | Since |
---|---|---|---|
Amille Retief | Capitec Bank | Board Member | 000 0000 |
Andrew Gershfeld | Flint Capital | Board Member | 000 0000 |
Davis Barons | Self | Board Member | 000 0000 |
Gerrie Fourie | Capitec Bank | Board Member | 000 0000 |
Matiss Ansviesulis | Self | Board Member | 000 0000 |
Avafin Signals
Avafin Investors (2)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
Capitec Bank | Corporation | Minority | 000 0000 | 000000 0 | |
Flint Capital | Venture Capital | Minority | 000 0000 | 000000 0 |
Avafin Acquisitions (1)
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
00000000 0é00 | 05-Apr-2017 | 0000000000 | Consumer Finance | 000000 00 |
Avafin Subsidiaries (1)
Company Name | Industry | Location | Founded |
---|---|---|---|
00000000 | Lender | Riga, Latvia | 0000 |