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Lenexa, Kan, October 4, 2022 /PRNewswire/ — One True Holding Company d/b/a/ TrueMLThe financial technology software company, which makes machine learning-based products that provide intelligent, digital communications in the debt collection space, announced today that it has acquired its debt collection business. Enhanced Recovery Company, LLC (ERC)A master suite provider. The agreement brings ERC under the TrueML family of companies to continue TrueML’s mission to create a better experience for concerned consumers.
In the year Since its inception in 2013, TrueML software has been used to connect with more than 20 million consumers experiencing collections using a digital-first approach. Acquiring ERC will allow TrueML to rapidly increase its size, scale and industry stature, accelerating its mission and enhancing the digital capabilities of ERC’s services to reach tens of millions of consumers.
“This acquisition provides exciting opportunities for TrueML to grow significantly and pave the way for enhanced service offerings down the road,” he said. Ohad SametCo-founder and CEO of TrueML. “We envision a world where no one is locked out of the financial system, and we are growing at a time when best practices for engaging consumers in debt collection are changing. We are committed to building machine learning and consumer-centric software. Designing to align with consumer communication preferences while delivering results for our clients. The addition of ERC It allows us to expand the scope of our services.
Samet was inspired to start the company after a negative experience with a late bill, after which he and his brother Nadav set out to create better experiences and more effective results for consumers looking for a path to financial health. To learn more about TrueML, its distribution and products, visit www.TrueML.coAnd follow the company LinkedIn And Twitter.
About TrueML
TrueML is a software company that develops machine learning-based products that prioritize customer experience and improve the experience of consumers seeking financial health. Mission-driven data scientists, financial services industry experts, and customer experience fanatics are building technology that recognizes people’s unique needs and preferences as humans, and strives to ensure that no one is left out of the financial system.
Source TrueML
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