Investor relations -- AvaFin

Who we are

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

We are a subsidiary of Capitec Bank, South Africa’s largest retail bank by client base. Backed by a listed banking institution, AvaFin is well-equipped to continue sustainable business growth by providing convenient financial solutions to our customers while delivering stable returns for our investors.  

H1 2024 Key Figures

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EUR Revenue

97.3m

EUR Net profit

7.9m

EUR Net portfolio size

65.7m

Customers globally

1.5m

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.