About AvaFin -- AvaFin

Who we are

AvaFin is a dynamic fintech group that utilizes innovative financial technology to provide convenient and transparent loan products. We operate in five markets in Europe and Latin America.

We are proudly a subsidiary of Capitec Bank, South Africa's largest bank by client base. That backing gives us a strong, stable foundation — so we can keep growing and focus on what matters most: making financial life easier for our clients.  

2024 Key Figures

EUR Revenue

128.2m

EUR Net profit

13.4m

EUR Net portfolio size

87.4m

Customers globally

1.6m

Number of employees

400+

Investment
Highlights

Strong financial performance

Since its founding in 2012, AvaFin has demonstrated and maintained a robust track record of profitable and sustainable growth. The company has consistently expanded its equity base while demonstrating exceptional adaptability and market resilience.

Part of the Capitec Bank family

AvaFin is a subsidiary of Capitec Bank, South Africa's largest retail bank with over 22 million active customers. Capitec's commitment to personalized service and innovative technology aligns seamlessly with AvaFin's mission, promising enhanced accessibility and reduced costs for customers worldwide. 

Data-driven underwriting and scalable technology platform

AvaFin is a technology-based company with robust risk management processes. Our smart data scoring models are constantly refined with real-time transactional data, allowing for quick assessment and highly accurate credit scores. AvaFin’s proprietary technology platform is ready to dynamically scale up for new markets and growing loan volumes.

Strong customer portfolio

AvaFin offers loans in five countries and serves over 1.5 million customers. We provide a unique range of transparent loan products designed for underbanked customers with solid risk profiles. 96% of customers receive their funds within just 15 minutes, making AvaFin a reliable and efficient option for fast and convenient financial solutions.