FinTech Startup Symend Closes $1M Seed Funding Round
Summary
Symend Inc., a Calgary, AB, Canada-based fintech startup, raised $1m in seed funding.Backers included unnamed business angels.The company intends to use the funds to build out their prototype, which will use a combination of automation, predictive analytics, and better positive collection tactics to help their pilot customers.Co-founded by Hanif Joshaghani, CEO and Tiffany Kaminsky, CMO, who were joined by CTO Joseph King, Symend provides a software as a service (SaaS) solution which aims to help utility providers, telecoms, and unsecured credit card suppliers recovery their customer debt.Tools include automation of collection information, customer outreach, and flexible payment options.
Funding
Amount
$1.0M
Total raised
Date
December 9, 2016
Announcement date
Investors
-
Lead investors
Company
http://www.symend.com
Funded company
Classifications
industries
Fintech & Banking
applications
Data Warehousing Software
AskAI Classifications
Labels
Artificial Intelligence
Financial Software
Debt Collection Software
Linked Companies
Symend
$10M to $25M