Image credit: Marc Schillinger, founder and CEO of eCollect | Canva
- Intrum, a Swedish listed company, has acquired the European fintech company eCollect, marking a significant expansion in its digital service offerings.
- The management team and structure of eCollect will remain unchanged, as they plan to further expand the business across Europe.
- Marc Schillinger, founder and CEO of eCollect, envisions a shift to exclusively digital dynamic invoices and reminders in the next 3-6 years.
Intrum, a market leader in credit management services, has announced its acquisition of eCollect, a technology company specializing in digital invoicing and early collection services. This move is seen as a significant step in Intrum’s journey towards becoming a more tech-driven organization. The acquisition is in line with the industry’s trend of moving towards the earlier stages of the value chain, aiming to engage customers early in the payment process.
