Aktos, a debt collection SaaS startup, has raised a $4.4 million seed co-led by 8VC and Crew Capital, the company tells Axios exclusively.
Why it matters: The $20 billion debt collection industry has lacked modern software and innovation.
How it works: Aktos’ cloud-native software is designed to help third-party debt collection agencies manage their operations.
- That includes processing and entering all the data around debts placed to them, tracking communications with debtors, as well as processing payments and invoicing.
- “For a collector, it is their core system of record — every single thing that happens in a collection agency is going to be done in our software,” Aktos CEO Peter Wang says.
Author: Ryan Lawler
Souce: Axios Pro
Credit Village is today the meeting and reference point - through its three areas, web, publishing, events - for professionals, managers, entrepreneurs and credit management operators. It was founded in 2002 with the aim of spreading the culture of Credit and Collection Management in Italy.