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Collector Bank teams up with receeve

receeve, a global vendor of one platform to automate and optimise collections & recovery data, workflows, communications and insights with no-code and independence from IT, today announced Collector Bank as its latest customer. Collector aims to digitise and optimise their management of debt collection and debt collection prevention.

Collector Bank specializes in financing solutions for corporates and private individuals and is located in Gothenburg, Stockholm, Helsinki and Oslo. Collector Bank’s services for private individuals include personal loans, invoice and payment by instalment services, credit cards  and deposit accounts. The corporate offering includes real estate lending, corporate lending and factoring as well as payment solutions.

According to Jan-Erik Setterberg, General Manager Consumer at Collector Bank: “Our team sought a solution built for simplicity that enables maximum flexibility and control. A solution focused on providing our business users with the independence to own and optimise data, automation, self-service and engagement with our customers. Our goal is to empower our teams to quickly adapt to the changing market conditions in an industry undergoing constant change driven by regulations. Platforms and partners such as receeve are key to supporting our focus on streamlining operations, improving experiences and increasing profitability.” 

receeve’s leading collections & recovery technology platform allows Collector Bank to integrate data from any system faster, gain insights and maintain compliance. “Collector Bank understands the power of unlocking collections & recovery data across the enterprise. Their focus on long-term solutions and profitability is driving their proactive approach to not only automation, engagement and recovery but also to harnessing data to inform lending decisions at the very beginning of the value chain.” says Paul Jozefak, CEO & co-founder of receeve.

Collector Bank has always focused on doing what it is good at. The state of the market requires it to be agile and responsive to constant changes. With receeve, Collector Bank allows the business users to own the collections and recovery process end-to-end, with cloud-native, no-code toolsets that empower employees, optimise decision-making and workflows and ultimately create a better customer experience.

About receeve

receeve is a fully customisable all-in-one platform for collections & recovery. We simplify the growing complexity of data and systems and empower in-house teams to easily automate processes, engage customers and apply 360° insights to maximise recovery and minimise risk across every stage of credit management - from pre-delinquency to portfolio assignment or sale. A perfect balance of ease-of-use and power, receeve’s cloud-native, no-code platform is fast to deploy, simple to manage and easy to customise and expand.

About Collector Bank

Collector Bank specializes in financing solutions for corporates and private individuals, with a particular focus on small and medium-sized companies. The parent company Collector AB (publ) is listed on Nasdaq Stockholm.

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