Australian Mercantile Collections

Neowise launches enhanced debt collection systems; Achieves 436% YoY Growth – Elets BFSI – Elets

Neowise launches enhanced debt collection systems; Achieves 436% YoY Growth – Elets BFSI – Elets

Decentro

Neowise, a debt recollection platform acquired by Decentro in 2023, has launched an advanced debt collection platform designed to enhance lenders’ operations and optimize debt recovery processes. This innovation comes on the heels of Neowise’s remarkable growth, reporting a 436% year-over-year revenue increase and a 250% surge in its customer base. The company now manages approximately ₹300 crore in assets under management (AUM) in debt recovery.

Lenders and collection agencies face…

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