# Zaver

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zaver

- Industry: Financial Services
- Headquarters: Stockholm, Sweden
- Website: www.zaver.io/
- Total disclosed funding: $16M
- Latest round: Series A (Mar 29, 2024)
- Investors on record: 8

## 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.

## Funding rounds

- Series A, Mar 29, 2024, $10M — Skagerak Capital, Fros Ventures, MAHR Projects, Hållbar AB, Hobohm Brothers Equity, JOvB Investments
- Series A, Mar 22, 2021, $5M — Inventure, Inbox Capital
- Seed, Apr 4, 2019, $1.2M — Inventure, Inbox Capital

## Investors

- Inventure (https://capitalatlas.ai/funds/inventure) — Seed, Series A
- Inbox Capital (https://capitalatlas.ai/funds/inbox-capital) — Seed, Series A
- Skagerak Capital (https://capitalatlas.ai/funds/skagerak-capital) — Series A
- Fros Ventures — Series A
- MAHR Projects (https://capitalatlas.ai/funds/mahr-projects) — Series A
- Hållbar AB — Series A
- Hobohm Brothers Equity — Series A
- JOvB Investments — Series A