Huge Ventures, Type Ventures, Join Ventures and Fly Ventures and angels together with GoCardless co-founder Matt Robinson and Funding Circle co-founder James Meekings participated within the spherical for pending B-corp Ophelos.
The Ophelos debt decision platform makes use of machine studying and superior analytics to determine probably weak clients in debt. It then affords clients a digital self-service choice that lets them resolve their money owed on their phrases – for instance, via BNPL or over various personalised instalments.
Launched final yr, the agency has already signed up three of the biggest vitality retailers within the UK in addition to fintech manufacturers together with Yonder, Plend and Butter.
Amon Ghaiumy, CEO, Ophelos, says: “The previous yr has seen the price of residing disaster attain virtually insufferable ranges for hundreds of thousands of individuals, and debt will inevitably affect a majority of households throughout the nation.
“With stress rising on collections departments because of elevated collections volumes and workers shortages following the pandemic, there may be dire want for automation and higher use of know-how by companies on this area, moderately than on counting on antiquated debt assortment companies.”,Debt decision know-how agency Ophelos has raised £5 million in a seed funding spherical led by AlbionVC.,
