Australian Fintech InDebted announces expansion into the U.S. market through acquisition of Delta Outsource Group
InDebted, an Australia-based fintech that specializes in digital debt collection for unsecured consumer debt, announced on Monday it has acquired Delta Outsource Group Inc. as it prepares to expand its services to the U.S. InDebted reported that the U.S. is the fourth market it has entered in and will be a “key focused” for its business.
InDebted reported that the Delta acquisition will expedite the U.S. launch and provide a “solid foundation” for the business.
“The rapid growth of InDebted fintech clients, especially in the American market, has prompted InDebted to bring forward it’s entry into the USA to meet the growing needs of these clients. This combined with the recent policy update by the CFPB with regard to the Fair Debt Collection Practices Act (1977) to allow digital contact methods as valid methods of customer outreach has provided an enormous opportunity for InDebted’s digital collections platform.”
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Source: Australian Fintech InDebted Announces Expansion into the U.S. Market Through Acquisition of Delta Outsource Group