C&R Software, the world’s leading Cloud-native end-to-end software and solutions provider for the complete credit risk lifecycle, has announced the acquisition of SpringFour, a pioneering financial health fintech. This strategic move aims to enhance C&R Software’s offerings in the financial health sector and support its mission to provide comprehensive collections and recovery solutions globally. SpringFour will continue to operate as a standalone brand with Rochelle Nawrocki Gorey maintaining her role as CEO. The acquisition is expected to leverage C&R’s extensive network and resources, thereby broadening SpringFour’s reach and impact in improving financial health for individuals and families. The announcement has been lauded by industry figures, including Alain Nono, Director at Waller Helms Advisors, who advised on the transaction. This acquisition is seen as a significant milestone in the financial health industry, reflecting the growing importance of financial well-being for both organizations and their customers.
Fintech, Software, Credit Risk, Financial Services,United States, Global
https://www.globenewswire.com/news-release/2024/09/04/2940864/0/en/C-R-Software-Acquires-SpringFour-Expanding-Reach-of-Financial-Health-Solutions.html