Ann Arbor company takes some sting out of debt collection

Debt settlement has gone high-tech with HealPay, an A2 company that decreases the stigma of colection repayment by taking it online.

Excerpt:

"The venture came together after co-founder Lancelot Carlson, who had been consulting for a collection agency, started to talk with Bzovi, who had previously worked in advertising technology — where he said he became “enthralled” with ad server technology — about the possibilities of online bill payment.

Struck by how behavioral targeting can yield higher click-through and conversation rates, they decided to see if the same techniques would work with billing – and even debt collection."

Read the rest here.
Enjoy this story? Sign up for free solutions-based reporting in your inbox each week.

Related Company