Aryza announces new strategic investment

Aryza announces new strategic investment

Aryza has today announced a new strategic investment in Birmingham based Back2Credit, an authorised debt solution provider with over ten years of trading experience.

Dedicated to helping consumers better manage their repayment options, Back2Credit offers flexible debt management plans, all tailored to meet the individual needs of the customer.

Experts in the development of flexible financial software solutions, Aryza incorporates technology such as open banking, AI-informed decision making and intuitive customer platforms to seamlessly automate and simplify the financial restructuring and recovery journey.

Commenting on the latest strategic investment, Colin Brown, CEO of Aryza, said:

“By partnering with Lily and her team and leveraging their in-depth knowledge of their sector, we will be able to use our software solutions to fully automate the debt management journey. This will help put Back2Credit at the leading edge of innovation and will increase Aryza’s power and coverage across what will become a growing sector. Working this closely with a debt solution firm takes the idea of being a partner to our customers to the next level.”

Every Back2Credit customer has their own dedicated personal debt advisor who deals with all their queries, providing ethical support and advice to consumers on how to effectively manage their money.

Lily Bhandal, CEO of Back2Credit, said:

“We understand circumstances change in life and these can put a huge strain on a person’s financial wellbeing. Loss of employment, furlough, or illness are just some of the factors that can have a major impact on a person’s financial stability – and at times this can feel completely overwhelming.

“The team and I are pleased to be joining the Aryza Group and this is a great opportunity for Back2Credit to combine and grow our debt advisory services with Aryza’s financial software. The new partnership will also enable us to provide an advanced one-stop platform for our consumer debt relief solutions.”