New generation debt management app developed with our partner AxFina

Finastic by AxFina is a solution allowing corporates to run a fully-fledged digital and customer-centric debt collection process. The application also helps individuals to overcome financial distress by providing them with all-in-one platform for convenient self-service debt management. Grape Solutions played a significant role in developing the solution, including the web and iOS/Android mobile application of Finastic platform. 

AxFina, operationally headquartered in Austria, is a pan-European service provider that reinvents loan servicing, debt collection and outsourcing solutions. Finastic, their cutting-edge digital debt collection technology developed by Grape Solutions, is a FinTech solution that allows corporates to improve efficiency of their debt collection process and to reduce costs by implementing digital collection strategy, while allowing their clients to manage their debts in a friendly and amicable way.

The innovative technology supports omnichannel communication with debtors, allows making one-click and recurring repayments and empowers individuals to be in charge of their debts by setting up repayment plans fully online. A data-driven approach enables the optimization of the debt collection strategy, offering tailored messaging and dedicated collection strategies while engaging with individual debtors.

Finastic is in the core of AxFina’s receivable management operations and is of as white label Software-as-a-Service solution.

AxFina:

AxFina is a leading service provider of Receivables Management, Digital Debt Management Software-as-a-Service and Business Process Outsourcing solutions. AxFina is present in Luxembourg, Austria, Romania, Poland, Slovenia, Croatia and Hungary. AxFina drives innovation in receivables management and employs a digital first and customer centric collection approach on a mission to find a path for each and every of its clients to recover from financial distress.

Grape Solutions:

Grape Solutions is one of Hungary's leading software development companies, which has implemented more than 100 successful enterprise projects in various industries since its launch in 2006. Over the past 15 years, it has worked with clients such as Wizz Air, Bayer, MOL, Rossmann, Magyar Posta and Unicef, and in 2021 it was named one of Europe's fastest-growing companies by Financial Times. Grape Solutions offers out-of-the-box products (Mobility, IoT, RPA Process Automation, Marketing Automation, Power BI Reporting) and services (Custom Software Development, Testing, UX/UI, Business Intelligence, Support) for different sectors, tailored to their clients' business needs.