Debt Collection Platform Credgenics Acquires Arrise

Credgenics said that the acquisition will enable the company to leverage Arrise’s pan-India network and become a “full-stack collections solutions” provider

Arrise’s existing leadership team will continue to helm the company for a minimum period of five years

Founded in 2019, Credgenics offers SaaS solutions that helps banks, NBFCs, and fintechs manage loan collections

SaaS-centric debt collection platform Credgenics has acquired rival service provider Arrise. However, Credgenics didn’t disclose the…