Today, we’re announcing that Ophelos has joined forces with Intrum, the market leader in Credit Management Services in Europe. Intrum’s acquisition of Ophelos marks an incredibly exciting opportunity, not only for Ophelos and Intrum but also for our customers, clients and the industry as a whole.

Three years ago, Qingchen, Paul and I set out on a mission to transform how organisations engage with and manage customers who find themselves in financial difficulty, through the use of AI. I’m incredibly proud to say that we have made immense strides in realising this mission, helping thousands of customers improve their financial health across the UK, while building transformative AI-driven technology products that set a new standard in the credit management industry.

Looking ahead, this milestone will allow us to significantly scale and accelerate our AI products by tapping into the extensive resources, capabilities, and the world's largest customer debt data set offered by Intrum. Our goal remains the same: to support millions of people in financial difficulty, while streamlining and automating traditionally manual credit management processes. I am confident that our collaboration with Intrum will allow us to reach this ambitious goal substantially faster.

Our clients and their customers will directly benefit from the superior services and products that we’ll be bringing to life. Together with Intrum, we are embarking on a journey to expand Ophelos across all major European markets, providing more enterprises with better tech and supporting more customers than ever before.

I want to express my heartfelt thanks to everybody who has helped us reach where we are today. To our team for their unwavering commitment to building a better world. To our clients and customers, for placing their trust in us. To our investors who believed in the ambitious mission that we set out to accomplish. And to Intrum for sharing our vision for the future of this industry.

This is not the closing of a book but the beginning of a new chapter. We are so grateful for everything that has brought us to this point and so excited for what’s to come.

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Amon

Co-Founder and Chief Executive Officer, Ophelos