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Old 05-07-2020, 05:09 PM   #1
Faust
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Default Calgary based technology company Symend Closes $52 Million USD Funding Round

Symend Closes $52 Million USD Round to Deliver on Its Mission to Digitally Transform the Engagement Experience for Financially At-Risk Customers

https://www.businesswire.com/news/ho...eliver-Mission
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Old 05-07-2020, 05:13 PM   #2
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I can't wait to have my engagement experience transformed!
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Old 05-07-2020, 05:18 PM   #3
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Cool?

Based on that headline, I honestly don't know if this is a good thing or a bad thing.
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Old 05-07-2020, 05:20 PM   #4
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Symend is not collections; we are in the business of helping consumers.
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Old 05-07-2020, 05:22 PM   #5
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Symend is not collections; we are in the business of helping consumers. Not only are we developing a world-class platform, but I’m proud to say that we are applying the sciences to support our mission of creating positive social change”
Sounds like they are a collections agency which is designed to understand people’s economic and social situations so they can extract maximum payments over a longer period of time then traditional collection agencies

Sounds like a neat use of of all the data we give away.
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Old 05-07-2020, 05:33 PM   #6
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Yeah I applied for a role with them, and got rejected for it. I guess I don't have enough harsh nasty collections experience.
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Old 05-07-2020, 05:35 PM   #7
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Isn't this the company that lets people know how about late debt payments with smile emojis?
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Old 05-07-2020, 05:46 PM   #8
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I noticed a lot more advertising for collection agencies lately.

I remember when I got a new phone number, I had a company calling me all the time for someone I never heard of. They were so rude and the messages they would leave were nasty. I talked to them a few times and told them he didn't have that number any more but it didn't stop them from calling. They even started asking me to pay the man's debt. I was shocked they would expect a stranger to pay someone else's debt just to get them to stop calling. And they would call right at 7 am every morning.

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Old 05-07-2020, 05:55 PM   #9
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Super cool and aligns with the way many industries are moving in the areas of AI and machine learning for decision making trees. Impressed that they approached debt collection with a different, innovative mindset.
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Old 05-07-2020, 07:41 PM   #10
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Nicky and Tony and a couple of baseball bats cost a lot less than 52M.
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Old 05-07-2020, 11:35 PM   #11
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Good news everyone!

We are diversifying our economy into technology!
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Old 05-08-2020, 07:31 AM   #12
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Nice blurb. Used half the dictionary to say we know where you are and we promise not to hurt you- just make a payment.
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Old 05-08-2020, 09:47 AM   #13
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Symend is not collections; we are in the business of helping consumers
Do you know who would say they aren't collection agents - collection agents. Nobody else would say that.
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Old 05-08-2020, 10:12 AM   #14
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I am happy for them, even if they are collectors.
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Old 05-08-2020, 10:18 AM   #15
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"We see from your social media data we've collected that you have a nice home... It would be such a shame if anything were to happen to it.."
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Old 05-08-2020, 10:38 AM   #16
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Originally Posted by Swarly View Post
"We see from your social media data we've collected that you have a nice home... It would be such a shame if anything were to happen to it.."
“We noticed your family goes on nice vacations, you should ask them for some money. Nevermind, we figured out your email passwords, we will ask them for you.”
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