FinTech startup troy successfully completes Series A financing round

FinTech startup troy, which specializes in customer-friendly debt collection, has successfully completed its second round of financing, raising a medium-sized seven-digit amount. troy completed the funding round with the help of four new investors: eCAPITAL, BORN2GROW, Avala Capital and Seed X Liechtenstein AG. Also, all existing investors have re-invested. The former lead investor, HTGF High-Tech-Gründerfonds, has even increased its previous investment.

troy is changing the debt collection industry by optimizing the customer experience, using tools and methods from marketing and CRM combined with data and machine learning. troy was founded in 2017 by Philip Rürup and Till Völzke in Lippstadt and was officially launched in September 2018. Representing troy’s rapidly growing team, Philip Rürup, founder and CEO said, “We are very pleased with our investors and our new commitment. We have made it our mission to revolutionize the debt collection industry. This is a major challenge, and after a year, we have seen that our vision is coming to fruition. We are very excited to continue our journey to improve the customer experience in the debt collection industry and to expand our lead to our competitors. With the A-Series funding round completed, we have the ideal partners on board to progress to the next levels.”

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Source: FinTech Startup troy Successfully Completes Series A Financing Round – inventures.eu