Inkassogram have raised SEK 20 million to build a debt collection service.

Spintop Ventures invests in Inkassogram – a Swedish game changing debt collection platform to get late invoices paid in a quick, user-friendly, polite and fair manner.

The company’s “reversed business model” focus on getting invoices to be paid quickly, rather than the industry’s practice of optimizing own revenues per case by slowing the payment processes.

Inkassogram’s efficient platform and app enable all kinds of companies to efficiently run a hassle free, customer friendly and highly automated debt collection process – it only takes a few minutes to get the free process started. This in essence opens up the largely un-served SME segment, a potentially large market segment.

The invoice debt collection market is a highly profitable and large sector ripe for a new approach and there is substantial potential for Inkassogram.

The Stockholm and Gothenburg based company is run by an experienced entrepreneur team with extensive background in invoicing and debt collection processes.

Spintop lead a 21 MSEK (2.3 MEUR) financing together with several experienced business angels, many with substantial value-add and connections in the sector. The funds will be used mainly for the roll-out of the services across Sweden, but with international intentions to follow soon.

”Spintop has a unique understanding of what entrepreneurs need at early stages of a company’s life and a solid background of creating company growth through international roll-outs. All our meetings with Spintop have been positive and personal but with a focus on possibilities – which have been some of the key deciding factors in our choice to work with Spintop” commented Niclas Josefsson, founder and CEO Inkassogram.

Commenting on Inkassogram, Erik Wenngren, Spintop Partner and Co-Founder stated: ”Spintop is pleased to be able to support  Inkassogram, a company with a fresh, positive and new approach in a large and profitable FinTech sector open for disruption. As supporters of early stage companies we are thrilled  that even SMEs will now have an easy-to-use tool to get their invoices paid on time through the proper legal processes available to them”

Original story