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FinTech news in Debtsy category

Consumer Lending startup January raised $10M

Put even more simply, January strives to be a tech-enabled collections agency service that collects the debt on behalf of creditors in a civilized way. Their other alternatives are to outsource collections to third-party agencies or sell their accounts to entities known as debt buyers, who then place the accounts with agencies and attorneys. Brewer Lane Ventures led the company’s latest financing, which brings January’s total raised to $16 million.