Avafin Overview

  • Year Founded
  • 2012

Year Founded

  • Status
  • Private

  • Employees
  • 332

Employees

  • Latest Deal Type
  • M&A
  • (Announced)

  • Latest Deal Amount
  • $28.5M

  • Investors
  • 1

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, enabling 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
Pending Transaction (M&A)
Primary Industry
Consumer Finance
Corporate Office
  • 40 Kimonos Street
  • Limassol, 3095
  • Cyprus

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Avafin Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Merger/Acquisition 12-Mar-2024 $28.5M 000.00 000.00 Announced Generating Revenue
7. Debt - General 0000 000.00 Announced Generating Revenue
6. Debt - General 000.00 000.00 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
To view Avafin’s complete valuation and funding history, request access »

Avafin Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of an online consumer finance platform intended to offer financial products to customers. The company's platfor
Consumer Finance
Limassol, Cyprus
332 As of 2024
000.00
000.00 0000-00-00
000000&0 000.00

000000

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00000000000 0000000
Tallinn, Estonia
00 As of 0000
00000
000000000 00 00000

000000

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00000000 0000000
Riga, Latvia
000 As of 0000
00000
00000000000 00000
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Avafin Competitors (14)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Creditstar Group Private Debt Financed Tallinn, Estonia 00 00000 000000000 00 00000
4finance Formerly PE-Backed Riga, Latvia 000 00000 00000000000 00000
ID Finance Venture Capital-Backed Barcelona, Spain 000 00000 000000000 00000
Kueski Venture Capital-Backed Guadalajara, Mexico 000 00000 0000000000 0 00000
National Funding Private Debt Financed San Diego, CA 000 00000 000000000 00000
You’re viewing 5 of 14 competitors. Get the full list »

Avafin Executive Team (19)

Name Title Board Seat Contact Info
Patrick Koeck Chief Executive Officer
Peter Kaufmann Chief Financial Officer
Markus Florian Chief Technology Officer
Liga Treiliha Managing Director
Ivars Stankevics Chief Legal Officer
You’re viewing 5 of 19 executive team members. Get the full list »

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 Avafin Co-Founder & Chairman 000 0000
Gerrie Fourie Capitec Bank Board Member 000 0000
Matiss Ansviesulis Avafin Co-Founder & Board Member 000 0000
You’re viewing 5 of 8 board members. Get the full list »

Avafin Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Avafin Investors (1)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Flint Capital Venture Capital Minority 000 0000 000000 0
To view Avafin’s complete investors history, request access »

Avafin Acquisitions (1)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Moneyveo México 05-Apr-2017 0000000000 Consumer Finance 000000 00
To view Avafin’s complete acquisitions history, request access »

Avafin Subsidiaries (1)

Company Name Industry Location Founded
LadyLoan Lender Riga, Latvia 0000
To view Avafin’s complete subsidiaries history, request access »

Avafin FAQs

  • When was Avafin founded?

    Avafin was founded in 2012.

  • Who is the founder of Avafin?

    Davis Barons and Matiss Ansviesulis are the founders of Avafin.

  • Who is the CEO of Avafin?

    Patrick Koeck is the CEO of Avafin.

  • Where is Avafin headquartered?

    Avafin is headquartered in Limassol, Cyprus.

  • What is the size of Avafin?

    Avafin has 332 total employees.

  • What industry is Avafin in?

    Avafin’s primary industry is Consumer Finance.

  • Is Avafin a private or public company?

    Avafin is a Private company.

  • What is the current valuation of Avafin?

    The current valuation of Avafin is 000.00.

  • What is Avafin’s current revenue?

    The current revenue for Avafin is 00000.

  • How much funding has Avafin raised over time?

    Avafin has raised $61.8M.

  • Who are Avafin’s investors?

    Flint Capital has invested in Avafin.

  • Who are Avafin’s competitors?

    Creditstar Group, 4finance, ID Finance, Kueski, and National Funding are some of the 14 competitors of Avafin.

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