AKUVO: Closes $10 Million Investment Round

AKUVO: Closes $10 Million Investment Round

  • AKUVO, a technology organization specializing in collections and credit risk, has announced a new round of funding
  • Original investors, including the $13.7 billion VyStar Credit Union, the $5.8 billion BCU, the $5 billion Coastal Credit Union
  • New investors include the $1.4 billion Launch Credit Union, the $1.2 billion Financial Plus Credit Union, and the Curql Collective
  • The new investments will support its growth, focus on innovation, and ability to staff the organization to support new and existing customers
  • Aperture Collections and credit risk platform leverages advanced cloud technology and machine learning
  • Prioritizes service after the sale and recently expanded its Loyalty team to help customers optimize Aperture
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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