Formica invests in Collectius
June 25, 2019
Formica Capital has made a financial investment, comprised of a combination of debt and equity, in Collectius, a Singapore based debt collection and receivables acquisition company.
Collectius was founded in 2014 by entrepreneurs Gustav Eriksson, Collectius CEO, and Ivar Björklund and is a trusted restructuring partner to banks and financial institutions in Asia with operations in Indonesia, Philippines, Singapore, Malaysia and Thailand.
Collectius is a purpose driven organization with a strong vision to help their customers to become debt free and create a world where every person, regardless of background, has the financial know-how to grow with the economy.