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Zafin to acquire Naehas for undisclosed sum

PRIVATEOct 26, 2026

Acquiring Company

Zafin Labs Americas

Acquired Company

Naehas

TorontoPalo AltoSoftwareArtificial IntelligenceSaaSFintechMachine LearningSoftware

Description

Zafin Labs Americas Inc. has agreed to acquire Naehas, Inc. for an undisclosed nine-figure sum in U.S. dollars, paid in a mix of cash and equity. The acquisition, announced Monday, is Zafin's first major deal since Nordic Capital took majority control in 2024. Zafin's CEO said the deal expands its addressable market and that, once closed, it will have 16 of the top 20 U.S. banks as customers.

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Company Information

Company

Zafin Labs Americas

Location

Toronto, Ontario, Canada

About

Zafin Labs Americas Inc. is a Canadian vendor of artificial intelligence tools for financial institutions. The company offers an AI-infused cloud-based software platform that helps banks automate customer-oriented tasks and deploy AI in regulated settings. It was founded in 2002 and taken over by Nordic Capital in 2024.

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Frequently asked

Who acquired Naehas?

Naehas was acquired by Zafin Labs Americas, based in Toronto. The deal was reported on October 26, 2026. Zafin Labs Americas Inc. is a Canadian vendor of artificial intelligence tools for financial institutions. Zafin Labs Americas is privately held and operates in Software.

When did Zafin Labs Americas acquire Naehas?

Zafin Labs Americas's acquisition of Naehas was reported on October 26, 2026. Zafin Labs Americas Inc. has agreed to acquire Naehas, Inc. for an undisclosed nine-figure sum in U.S. dollars, paid in a mix of cash and equity. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Naehas do?

Naehas, Inc. is a roughly 250-person company that generates between US$30 million and US$50 million in annual revenue. It provides software that banks use to send digital, personalized marketing offers to customers while meeting regulatory obligations. It is privately held, operating in Software, and is based in Palo Alto.

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