Receeve, A Debt Recovery And Collection Platform, Takes Total Funding To $16M With Abn Amro

Banking is undergoing a huge transformation and how debt collections operations engage customers is becoming a big issue, especially with things like BNPL schemes. Hundreds of billions of dollars have been invested in the last few years digitalizing financial and other services, but debt collections operations remain very manual and archaic resulting in frustration for customers and lost money for service providers. Banks are having to deal with this change and fintech startups are appearing to deal with it.