Announced

Credgenics to acquire Arrise.

Synopsis

Credgenics, a provider of SaaS-based debt collections, agreed to acquire Arrise, a software company. Financial terms were not disclosed. “This strategic partnership marks a huge step forward in Credgenics’ mission to transform debt collections with technology. CG Setu will disrupt the field collections model with its efficient, data-driven, and compliant approach. It will deliver greater efficiency and complete transparency for lenders, while providing a superior experience for borrowers,” Rishabh Goel, Credgenics Co-Founder and CEO.

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