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Who are we?
We at spocto are developing a full stack collections platform that is powered by AI ML capabilities, that is radically changing collections within the debt industry.
In March 2022, we became India’s fastest fintech and most impactful start-up to join the unicorn club with a Series B fundraising round of $137 million.
We already have all the top Banks and NBFCs as our clients. We have offices in Mumbai, Chennai, Bangalore and Dubai. We plan to expand our business across the EU, USA and SE Asia over the next couple of years.
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In this Company, not only are we understanding about customers and the importance of repayment, but we are the first movers when it comes to introducing cutting edge technology to this industry. We have products and features specifically built to help our clients improve their collections efficiency, enhance customer experience and most importantly, bringing perfect compliance in their operations.
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In Feb 2022, spocto was acquired by Yubi (formerly known as CredAvenue).
Yubi, formerly known as CredAvenue, is re-defining global debt markets by freeing the flow of finance between borrowers, lenders, and investors. We are the worlds possibility platform for the discovery, investment, fulfilment, and collection of any debt solution. At Yubi, opportunities are plenty and we equip you with tools to seize it. In March 2022, we became India’s fastest fintech and most impactful startup to join the unicorn club with a Series B fundraising round of $137 million. In 2020, we began our journey with a vision of transforming and deepening the global institutional debt market through technology. All 5 of our platforms shake up the traditional debt ecosystem and offer new ways of digital finance.
Yubi Loans – Term loans and working capital solutions for enterprises.
Yubi Invest – Bond issuance and investments for institutional and retail participants
Yubi Pool – End-to-end securitisations and portfolio buyouts.
Yubi Flow – A supply chain platform that offers trade financing solutions.
Yubi Co.Lend – For banks and NBFCs for co-lending partnerships.
Currently, we have onboarded over 4000+ corporates, 350+ investors and have facilitated debt volumes of over INR 40,000 crore. Backed by marquee investors like Insight Partners, B Capital Group, Dragoneer, Sequoia Capital, LightSpeed and Lightrock, we are the only-of-its-kind debt platform globally, revolutionizing the segment. At Yubi, People are at the core of the business and our most valuable assets.
LinkedIn Link – https://www.linkedin.com/company/spocto/
Instagram Link (Do follow, like and share) – https://www.instagram.com/spocto.global/
Gulf News – Indian fintech spocto wants to make it easier for UAE banks to lend
https://gulfnews.com/business/banking/indian-fintech-spocto-wants-to-make-it-easier-for-uae-banks-to-lend-1.1664955501878
Khaleej Times - https://www.khaleejtimes.com/business/indias-fintech-unicorn-yubi-makes-uae-debut
Forbes - https://www.forbesindia.com/article/take-one-big-story-of-the-day/how-spocto-is-making-collecting-on-loans-quicker-and-more-efficient/80351/1
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Full-time
Senior · 10+ years experience
Onsite
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