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Commercial credit reporting bureau CreditorWatch has announced the acquisition of an automated receivables management software and collections service provider. With the acquisition of Debtor Daddy L
UK-based debt collection startup Ophelos has raised $2.3 million pre-seed investment in a round co-led by Connect Ventures and Fly Ventures. It will The startup plans to use the funds to strengthen its customer-centric debt management platform, growing the engineering and customer operations teams. Founded by Paul Chong, and Prof. Qingchen Wang, Ophelos is a debt management platform uses deep technology such as AI and behavioral science to improve customer engagement and recovery rates in a $24 billion debt collection industry. “We started Ophelos to create customer-centric products an...