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Recovr, Fintech founded in 2018, offers a SaaS solution dedicated to customer account management. Designed for SMEs and mid-market businesses, the platform simplifies payment tracking and automates critical tasks, such as reminders and dispute management. The tool stands out for its connectivity with strategic partners such as lawyers and bailiffs, offering integrated management of customer accounts.
Since 2022, Recovr has implemented a repositioning strategy to meet the needs of companies with high invoice volumes. This transition has resulted in notable growth, with recurring revenues increasing eight-fold and an increasing average basket. Among the factors of this success, a key partnership with Cipal Schaubroeck, which made it possible to equip several Belgian municipalities with a white label, demonstrates the adaptability of the solution to varied contexts.
Today, Recovr has more than 1,000 users spread across companies in Belgium, France and Luxembourg. These users benefit from a tool designed to reduce payment times and optimize customer account management processes.
Recovr announces that it has raised 1.1 million euros in a financing round led by FINANCE & INVEST BRUSSELS, with the participation of the BEANGELS and LESTUD networks, as well as Alessandro Mazzocchetti, CFO of ODOO. This financing will support its expansion into the French market, consolidating its foundations for long-term European growth.
