Lexop Closes Expansion Round Of Undisclosed Amount

Lexop

Lexop, a Montreal, Canada-based provider self-service software that optimizes the repayment journey for past-due customers, raised an undisclosed amount in funding.

The round was led by Companyon Ventures.

The company intends use the funds to expand the reach of its platform across North America.

Led by Amir Tajkarimi, CEO, Lexop provides a SaaS solution for companies to retain past-due customers by facilitating payment and empowering them to self-serve.

Launched in 2019, Lexop sends personalized payment email messages and SMS notifications based on nuanced customer characteristics. Once customers open the email, they are guided to a self-service payment portal where they can choose to make a minimum payment, pay in full, or create a flexible payment arrangement. The platform allows companies to monitor, track, and analyze all customer interactions with behavioral data in order to create data-driven repayment outreach campaigns resulting in optimized results.

FinSMEs

09/02/2022