Consumer-centric recovery management solution, Everchain has announced the initial phase of its international expansion strategy launching in the UK.
The company focuses on providing consumer lenders with compliant recovery solutions. The company will be led by Dan Ware, EverChain UK’s President, Ware will lead expansion efforts and build out its presence in other key European markets.
The expansion will allow EverChain to grow its proprietary Recovery Management Solution (RMS) beyond North America, enabling lenders and creditors to sell their uncollected receivables safely and compliantly, and track and manage activity for the life of every account sold.
Everchain says that many of North America’s leading consumer lenders and creditors already rely on EverChain’s RMS platform to monitor, recover, or sell their uncollected receivables.
Matthew Wratten, Chairman and CEO of EverChain said “Ware and his team know how to deliver our customer-centric, compliance-driven value proposition operationally across the UK. We’re excited about the opportunity to expand and thrilled to build on EverChain’s technology and operational expertise to help accelerate growth globally.”
Dan Ware, EverChain UK’s President said “We’ve long admired EverChain’s market dominance and leadership in North America and their dedication to building a mission-driven company that makes it easy to compliantly sell debt.”
“Together, I believe we can build upon EverChain’s core operational expertise, technology platform, and code-driven compliance engine to bring that scalable experience to the UK market.