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Ai Debt Collection Startup Ophelos Raises £5M

Ai Debt Collection Startup Ophelos Raises £5M

06/29/22, 12:00 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/CA.svglondon
Money raised
£5 million
London-based fintech Ophelos has raised £5m in new funds for its artificial intelligence (AI)-powered solution for the debt collection industry.

Company Info

Company
Ophelos
Location
london, ontario, canada
Additional Info
Ophelos will use the new funds to support its growth plans as the firm looks to expand its services across the UK market. It is time for businesses to start drawing this line empathically.”The startup has also received funding from a group of notable angel investors, including GoCardless co-founder Matt Robinson, Funding Circle co-founder James Meekings and Jonah and Noah Goodhart, the co-founders of Moat. Founded in 2021, Ophelos uses machine learning technology to challenge what it considers to be poor practices in the debt collection industry, particularly during a time of increasingly high-interest rates and debt.