AKUVO Welcomes 10 New Customers in Q1

Demand for Modern Collections Solutions Continues to Grow

MALVERN, Pa. – AKUVO, a leading technology organization specializing in collections and credit risk management, announced the addition of 10 new customers during the first quarter of 2025. These financial institutions have selected the AKUVO collections platform to elevate their collections strategy through modernized technology and automation.

New AKUVO customers include:

·        Clearview Federal Credit Union, headquartered in Pittsburgh, Penn., manages $2 billion in assets and has 128,000 members.

·        Lewis and Clark Credit Union, located in Lewiston, Idaho, has $226 million in assets and serves 21,000 members.

·        Municipal Credit Union, one of the largest credit unions in New York City, holds $4.5 billion in assets and serves 618,000 members.

·        PremierOne Credit Union, based in San Jose, Calif., serves 35,000 members and holds $611 million in assets.

·        RadiFi Credit Union, headquartered in Jacksonville, Fla., manages $605 million in assets and serves 43,000 members.

·        TRAX Federal Credit Union, based in Tampa, Fla., has $505 million in assets and serves 45,000 members.

·        Valley Credit Union, located in Billings, Mont., manages $500 million in assets and serves 37,000 members.

These institutions cited a desire to move away from legacy systems, eliminate manual processes and gain a more proactive and digital approach to account holder outreach as key drivers in their decision to partner with AKUVO. Many also emphasized the need for a platform that could bolster their existing staff, provide self-service options to account holders, increase operational efficiency through automation and actionable insights, and provide better visibility into delinquency trends.

"AKUVO is proud to welcome this group of financial institutions to our growing community," said AKUVO Chief Revenue Officer Steve Castagna. "Their decision to trust AKUVO with their collections transformation reflects our continued investment in innovative technology, responsive support and a shared commitment to improving the account holder experience."

For more information about AKUVO and the AKUVO collections platform, visit www.akuvo.com.

About AKUVO

AKUVO is a leading provider of cloud-native collections software solutions that elevate how banks, credit unions, and fintechs collect and manage their portfolios via its products. Whether it is through their stand-alone virtual collector, or its next-generation collections platform, AKUVO provides the technology and data necessary to increase collections efficiency, provide a digital consumer experience, reduce staff costs, anticipate delinquencies, and provide insight into future credit decisions. AKUVO delivers a digital future for collections and account performance management with a visionary, behavior-based approach while taking full advantage of emerging technologies such as artificial intelligence, natural language processing, and machine learning. To learn more, visit www.akuvo.com.