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Fairfax debt collection firm acquires fintech serving regional and national banks
C&R Software has acquired SpringFour. While C&R and SpringFour appear to have different missions, Ed Wallen said “the companies’ services are actually complementary because both are aimed at helping lenders, local governments or any organization that collects payments from consumers improve repayment rates.” SpringFour works with organizations across industries to refer consumers who may be facing financial hardship to nonprofit and government organizations that provide financial health services such as food savings and affordable child care.
Social impact fintech SpringFour acquired by debt recovery firm
A financial wellness fintech with several big-name bank clients has been acquired by a debt recovery firm. SpringFour — whose CEO and founder Rochelle Nawrocki Gorey was named one of American Banker’s Most Influential Women in Fintech in 2024 — said it would become part of C&R Software, a firm that provides debt recovery and collections software to banks, utilities, telecom, healthcare, government and fintechs.
BREAKING NEWS: C&R Software Acquires SpringFour, Expanding Reach of Financial Health Solutions
We are proud to share this momentous news — SpringFour has been acquired by C&R Software, a subsidiary of Constellation Software, the 23rd largest software company in the world with an $80B market cap. This strategic acquisition will expand SpringFour’s reach, positioning the company for growth by leveraging the C&R Software network to forge partnerships with even more organizations across the country and globe, providing our award-winning financial health solutions near and far.
C&R Software Acquires SpringFour, Expanding Reach of Financial Health Solutions
SpringFour has been acquired by C&R Software, the world’s leading Cloud-native end-to-end software and solutions provider for the complete credit risk lifecycle and a subsidiary of Constellation Software, the 23rd largest software company in the world with an $80B market cap.
How We’re Meeting Trending Consumer Needs: SpringFour’s Q2 2024 Impact Report
In Q2 2024, we delivered more than 2 million financial health referrals to consumers in need – the most we’ve ever delivered in a single quarter! Americans are struggling to make ends meet, and in this report, we invite you to see how SpringFour is meeting demands in critical and direct ways — and transforming the industry.
How a Credit Builder and a Fintech Support Financial Health: A Partnership Overview of Self and SpringFour
Since 2019, Self, a credit-building platform that increases economic inclusion and financial resilience, has worked with SpringFour, the leading financial health fintech that helps companies connect consumers to vetted, local financial health resources. In nearly 5 years of partnership, Self and SpringFour have delivered over 3,417,000 financial health referrals to more than 250,000 of Self’s customers.
