The leading customer engagement platform Symend has recently announced it had raised $52 million funding. Inovia Capital led the financing in association with Impression Ventures, Ignition Partners, Mistral Venture Partners, BDC Capital’s Women in Technology Fund, and angel investor Markus Frind.
The company integrates behavioral science with analytics for assisting financial institutions and service providers in creating individualized consumer debt remediation programs.
With this funding, Symend plans to help more at-risk customers with digital engagement and AI-powered tools. Besides, it will be put into R&D growth and international market expansion.