M&A
B2B SaaS unicorn Perfios acquires debt recovery platform CreditNirvana
B2B software-as-a-service (SaaS) unicorn Perfios has acquired Bengaluru-based debt management and collections platform CreditNirvana .CreditNirvana works in the debt collection and recovery sector. It uses artificial intelligence (AI) and predictive analytics to automate the collections lifecycle, from early-stage delinquency management to legal recoveries.Perfios raised USD 80 million in a series D funding round in March last year. The firm has raised USD 450 million in funding to date. Perfios' services include financial statement analysis, credit decisioning, and fraud control. The firm had acquired banking financial crime management firm Clari5 last month. The company had acquired banking and financial intelligence provider Karza in 2022.
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