AsiaCollect Acquires Creditseva

As posted by BUSINESS INSIDER Singapore.

AsiaCollect, a pioneer in providing integrated Credit Management Services (CMS) in Southeast Asia, has acquired India-based credit lifecycle management platform provider CREDITSEVA® [1]. The acquisition builds on AsiaCollect’s plans to help banks and non-bank consumer lenders in Asian emerging markets manage their non-performing loan (NPL) portfolios through a technology-driven, customer-oriented debt collections approach driven by artificial intelligence (AI) and psychometric analysis.

The acquisition of CREDITSEVA® builds on AsiaCollect’s core strengths in its unique position as an integrated CMS provider, ability to improve recovery rates for lenders, and strong presence in the Southeast Asian market. Going forward, the CREDITSEVA® team will operate in Indiaunder the AsiaCollect brand and offer AsiaCollect’s integrated suite of digital CMS, including CMS Outsourcing and Advisory, NPL Purchasing, and Software-As-A-Service (SaaS)… Continue reading here…

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