Both companies have announced a strategic partnership to accelerate innovation, contributing to both the bank’s goals and receeve’s product development plan. This alliance will enable
As explained from receeve, banking is undergoing a huge transformation and the way in which collection operations are addressed to customers and how they are measured is part of that change. “The attitude towards collections acceptance and integration has changed. No longer are projects dependent on time-consuming legacy technology to optimize strategies and add new methods of engagement and payment viable,” they note.
The company advocates that organizations need to adopt “agile underlying tools to leverage data, streamline and automate processes, optimize segmentation and reimbursement approaches”.
As context for the debt management industry targeted by its technology platform,
According to the executive, all this makes 2022 and 2023 have a huge focus on the management of customers in financial difficulty but also to avoid a wave of default.
Monteiro details that since receeve was founded two years ago, the company has focused on banks and lenders for growth. “The goal was to become the best solution for this market segment before expanding into other areas (utilities, telecoms, insurance or retail) where our solution can also be implemented,” he says.
The fintech is currently in 19 countries and is landing in four more. “After arriving in
Monteiro says that since the company’s entry into
Regarding the investment received by the fintech, Monteiro says that they have “more than enough funds for now” to continue its growth, “but it is very likely that we will raise a round later, in 2022 or early 2023, with the aim of achieving market leadership in the geographies where we are active, and significantly accelerate the growth of the company”.