Zafin to acquire US-based Naehas in nine-figure acquisition

Zafin has agreed to acquire Palo Alto, Calif.-based Naehas as its bank modernization business reportedly booms in the AI era. The news: Toronto-based Zafin announced the acquisition on Monday, saying in a news release that Naehas will expand its capabilities as it builds out its portfolio of AI-enabled technology for regulated institutions, particularly in marketing and compliance. A Zafin spokesperson told BetaKit that the company agreed to pay a nine-figure sum in US dollars for Naehas through