Eltropy enhances unified platform with acquisition of Lexop to revolutionize loan repayment and collections for community financial institutions
Eltropy enhances unified platform with acquisition of Lexop to revolutionize loan repayment and collections for community financial institutions
01/07/25, 1:56 AM
Location
Industry
lending
fintech
finance
financial services
Eltropy, a provider of AI-powered unified conversations platform, has announced the acquisition of Lexop, a people-first collections technology company. This acquisition aims to integrate Lexop’s innovative collections technology with Eltropy’s unified platform, offering community financial institutions a comprehensive solution to improve loan repayment and collections processes, with a focus on enhancing borrower experiences and preserving client relationships.
Company Info
Location
Milpitas, California, United States
Company info
Eltropy enables Financial Institutions to digitally engage in a secure and compliant way. Using our world-class digital communications platform, Credit Unions, Banks, Debt Collectors, Insurance Companies, Lenders and FinTechs can improve operations, engagement and productivity. Eltropy also integrates with IT systems, such as Symitar and Corelation, and uses Analytics to provide engagement insights. For more information about Eltropy, please visit eltropy.com.