Zaver

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Zaver - overview

Established

2016

Location

Stockholm, -, Sweden

Primary Industry

Financial Services

About

Founded in 2016 and based in Stockholm, Sweden, Frink AB, dba Zaver is a financial technology company that owns and operates payment solutions. The company was founded by its CEO, Amir Marand. In March 2024, Frink AB raised USD 10 million in Series A funding from FROS Ventures, Hållbar AB, Hobohm Brothers Equity, JOvB Investments, MAHR Projects, and Skagerak Capital. The company offers a payment solution with its checkout system, designed to handle transactions of any size with high conversion rates.


This platform supports both in-store and online purchases, providing a payment experience through its advanced technology. Zaver Checkout allows for integration with various e-commerce platforms via modern REST APIs or setup with pre-built solutions. In addition, the company facilitates payouts for refunds and payments to suppliers and customers, ensuring efficient cash flow management. The organization plans to use the March 2024 funding to optimize the Zaver payment solutions as well as improve the risk assessment algorithms.


Current Investors

Inventure, Inbox Capital, Skagerak Capital

Primary Industry

Financial Services

Sub Industries

Consumer Finance, e-Financial, Accounting/Finance Software

Website

www.zaver.io/

Verticals

FinTech, FinTech, Mobile Apps

Company Stage

Series A

Total Amount Raised

Subscriber access only

Zaver - timeline of key events

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Zaver - financials

Fiscal Year EndedDec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)-8,25424,597657,4704,118,96912,702,620---
% Revenue Growth (YoY)--198.0%2573.0%526.5%208.4%---
EBITDA (USD)(497,562)(1,263,229)(1,901,112)(3,432,856)(5,336,871)(14,785,389)---
Operating Income (USD)(497,562)(1,263,229)(1,901,112)(3,432,856)(5,336,871)(14,787,528)---
Operating Margin-(15304.4%)(7729.0%)(522.1%)(129.6%)(116.4%)---
% EBITDA Margin-(15304.4%)(7729.0%)(522.1%)(129.6%)(116.4%)---
NET Income (USD)(497,562)(1,263,229)(1,901,178)(3,432,856)(5,320,631)(14,697,504)---
% Net Margin-(15304.4%)(7729.3%)(522.1%)(129.2%)(115.7%)---

Zaver - employee data

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Zaver - key contacts

NamePositionStart DateEnd DateVcardBio 
Board MemberBM

BM Board Member

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