Equabli – a leading financial technology company – recently announced the successful completion of its recent financing round. This funding round secured $3.35 million of additional capital and was led by Social Leverage. Additional commitments were received by BankTech Ventures and Cross River Digital Ventures.
This funding will be essential in propelling Equabli toward its strategic objectives, including talent acquisition, market expansion, and enhancing Equabli’s innovative debt recovery products and services, enabling it to continue to deliver exceptional value to its clients and stakeholders.
KEY QUOTES:
“We’re thrilled to partner with Equabli as they innovate in important areas of the credit lifecycle. The team’s knowledge about collections and recovery is world-class, and they’re applying it to a new technology and services stack that our banks can utilize and significantly upgrade their capabilities. This is exactly the kind of strategic company we look for at BankTech Ventures.”
— Carey Ransom, Managing Director
“The Equabli team is transforming the way we think about the credit cycle, specifically debt management, an area ripe for innovation. Cross River Digital Ventures is excited to support industry pioneers and be a part of Equabli’s next stage of growth.”
— Hillel Olivestone, Head of Corporate Development and Strategy at Cross River
“We are excited to have successfully concluded this round of funding. This investment represents a significant milestone for our company and reaffirms the confidence that our clients and investors have in our team and the solutions we are bringing to the Financial Services industry. We are grateful for the continued support of Social Leverage, and the opportunity to unlock strategic value with BankTech Ventures and Cross River Digital Ventures.”
— Cody Owens, Equabli’s CEO
