[Banking Dive] Debt repayment fintech Clerkie raises $33M in Series A
“Our goal is to support struggling American families by giving them better tools to responsibly fulfill their debt obligations and ease their debt burden,” said founder Guy Assad.
Clerkie, a fintech providing debt repayment and optimization technology for lenders, announced a $33 million Series A round led by Left Lane Capital on Tuesday.
San Francisco-based Clerkie will use the funds to grow its engineering team and to rapidly scale its debt workout solutions to both help more borrowers and support more partners.
“The consumer debt market is fundamentally broken for consumers and the creditors that serve them, as evidenced by the predatory collections practices and the crushing amount of debt burdening American families,” said Clerkie CEO Guy Assad, who founded the company in 2018 alongside co-founders CTO Sebastian Wigstrom, and COO Gray Hoffman.