Aryza announces Australian acquisition

Aryza has announces the acquisition of Bravure, a specialitist technology enabled debt sale and recovery solutions provider.

Bravure is based in Sydney Australia. Bravure’s Bridge software helps creditors optimise recovery by analysing debt books, automating decisions on collection strategies, maximising the pricing of debt books, and enabling data exchanges with third parties such as debt collection agencies and the government.

Since inception, their solutions have earned a strong reputation, having facilitated the sale of over AUD 11 billion in debt assets since 2010. Their technology has enabled them to secure a highly impressive list of customers which includes banks, lenders and other creditors.

Following the recent acquisitions of RiskLogix, providing Governance, Risk & Compliance solutions, now under Aryza Unite, and Webio, now part of Aryza Engage, offering conversational AI for Collections and Customer Servicing this transaction marks Aryza’s fourth acquisition this year and its third in Australia overall.
 
Colin Brown, CEO of Aryza, said “Bravure is a natural fit for Aryza. Their expertise in using data and technology to improve both collections and debt sale aligns perfectly with our focus on end-to-end lifecycle management. Together, we’re positioned to deliver powerful solutions to our clients, while expanding Aryza’s capability in one of the most complex and regulated parts of the customer journey.” 

Alex Vale, CEO at Bravure, said “We’re proud to become part of a global organisation that shares our commitment to innovation and responsible customer engagement, bringing new value to our clients through Aryza’s complementary technology and vision. With Aryza’s support, we’re well-positioned to expand our presence in a highly specialised segment of the Australian market, offering much-needed solutions as demand increases and market conditions evolve.”