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Vymo Launches CollectIQ to Transform Debt Collections for Financial Institutions
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....ymo Launches CollectIQ to Transform Debt Collections for Financial Institutions<BR>PTI News<BR>Dated:- 7-5-2025<BR>PTI<BR>BANGALORE, India, May 7, 2025 /PRNewswire/ -- Vymo, the Sales Engagement Platform trusted by over 350,000 financial sales people globally, has launched CollectIQ, marking its formal entry into the debt collections space. Designed specifically for banks and non-banking financial....
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.... companies (NBFCs), the solution brings together AI-driven prioritization, automation, and integrated agent enablement to help institutions drive better recovery outcomes. The move comes at a time when India's financial sector is sharpening its focus on curbing non-performing assets (NPAs) and strengthening post-disbursal recovery efforts. According to the Reserve Bank of India's Financial Stabi....
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....lity Report, the GNPA ratio for scheduled commercial banks could rise from 2.7% in March 2024 to 3% by March 2026 under baseline scenarios — underscoring the need for proactive, data-led collection strategies. "Collections teams have traditionally been underserved by technology, even though it plays a critical role in the health of a lender's portfolio," said Yamini Bhat, Co-founder and CEO of....
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.... Vymo. "With CollectIQ, we are bringing automation, intelligence, and customer-centricity into collections — helping financial institutions recover smarter and more efficiently." CollectIQ acts as a single pane of glass for collections — bringing together case allocation, agent tracking, customer engagement, and integrated payment workflows into one intelligent system. It allocates accounts ba....
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....sed on real-time inputs like agent proximity, performance history, and risk profiles. It provides live visibility into field activities through geo-verification and instant updates, and nudges agents toward the next-best action while enabling on-the-spot digital payments. The platform is fully integrated with lenders' core systems such as LMS, CRM, and payment gateways, streamlining both operation....
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....s and reporting. By embedding intelligence and automation into everyday workflows, Vymo aims to help lenders not only recover more effectively but also do so in a way that enhances customer trust and regulatory compliance. For more information, visit https://vymo.com/collections About Vymo Vymo transforms how financial institutions manage sales and collections operations. Trusted by 350,000+ u....
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....sers across 70+ global enterprises — including AIA, HDFC Bank, Berkshire Hathaway, SMFG, Aditya Birla Capital and more. Vymo delivers AI-powered solutions that drive performance and operational excellence. Its human-centric, enterprise-grade platform ensures high adoption and measurable outcomes. Vymo has raised over $45M from Sequoia Capital, Emergence Capital, and Bertelsmann India Investments....
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.... and is a winner of CB Insights' Demo Day and Microsoft's 'AI for All' awards. Logo: (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI PWR PWR<BR> News - Press release - PIB....