Revival

What Revival does

Revival (legally Revival Finance, Inc.) is a US-based fintech founded in 2022 by Daryl Holman Jr. that operates a self-serve web platform enabling individual consumers to buy back and eliminate their own delinquent debt at the same discounted prices typically available only to institutional debt buyers. The platform prices loans using borrower bank and credit history data, aggregates buyout offers across thousands of consumers to outbid institutional investors, and works with credit bureau partners (Equifax and Credit Reporting Services, Inc.) to remove negative marks after settlement. A complementary, grant-funded Debt Cancellation Service acquires debt portfolios in bulk and cancels qualifying balances at no charge for borrowers in low-income communities, with claimed credit-score improvements of 5-25 points.

Under the hood, Revival's stack is web-based and lean: it integrates Method Financial for identity validation via wireless carrier data and for enhanced account, balance, and payoff information, supports Google SSO, and connects to Equifax for credit reporting. The company purchases debt on the secondary market at $0.01 to $0.04 per dollar, resells it to consumers at approximately $0.10 per dollar, and charges a 5-10% transaction fee on top. It is licensed to purchase debt in all 50 US states and territories but currently services accounts in only 17 states. Headcount is 1-10, and the operating entity comprises wholly-owned subsidiaries Revival Finance, LLC, Revival Money Inc., and Revival Growth Inc.

Revival has raised modest seed-stage capital from impact-oriented and traditional investors including the Robin Hood Foundation ($100K, 2023), the Tides Foundation via its Talent x Opportunity cohort ($200K, 2022-11), and Andreessen Horowitz (a16z) via its TXO cohort, alongside smaller checks from Gaingels, Communitas, Grid110, and Citation Labs. To date it has eliminated $2.1M+ of debt for 3,000+ borrowers, and its primary customer segment is individual consumers with delinquent debt seeking elimination, credit-score improvement, and wealth building.

Name

Revival

Legal name

Revival Finance, Inc.

Website

https://revivalfunds.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

Revival (Revival Finance, Inc.) operates a self-serve web platform that lets individual consumers buy back and eliminate their own delinquent debt at institutional-investor-level discounts, with a complementary grant-funded debt cancellation service for underserved borrowers.

Ownership category

akta.pro rank

Product category

Consumer Debt Relief & Debt Buyout Services

NAICS

Collection Agencies (56144), Consumer Lending (522291)

SIC

Services-Consumer Credit Reporting, Collection Agencies (7320), Personal Credit Institutions (6141)

akta.pro primary industry

Debt Buying & Portfolio Acquisition (Charged-Off Receivables) (FSAKAJAC)

Keywords

• Debt buyout services
• Consumer debt relief
• Secondary debt market
• Debt elimination platform
• Debt pricing technology

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Technology or R&D, Personnel, Marketing or Sales, Others

Revenue model

1. Debt Buyout Transaction Fees: Company purchases debt on secondary market at less than $0.01-$0.04 per dollar, then sells to borrowers at approximately 10 cents on the dollar, charging a 5-10% transaction fee. This creates a 2.5x profit margin on debt purchases.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Revival enables individual consumers to buy back and eliminate their own delinquent debt at deeply discounted rates by purchasing it on the secondary market at fractions of a cent per dollar and reselling it to borrowers at approximately 10 cents on the dollar, charging a 5–10% transaction fee. The platform also offers free debt cancellation for qualifying borrowers through grant-funded portfolio acquisitions, with credit-bureau reporting to remove paid accounts from credit reports and improve scores by 5–25 points.

Product overview

Revival is a wealth-building fintech company offering a unified debt management platform. The core offering consists of the Debt Buyout Platform, which allows consumers to purchase their own debt on the secondary market at 5-10% of face value, combined with a Debt Cancellation Service that eliminates qualifying debt at no charge through grant funding. Supporting the platform are the Debt Pricing Service (which prices loans using bank/credit history data) and an Educational Content module (Learn section) covering credit management topics. Users access these services through a web-based account platform with Google SSO authentication.

Differentiator

Problem solved

Functional benefit

Products and services

• Debt Buyout Platform Web-based self-serve platform that lets individual consumers buy back their own delinquent debt from the secondary market at roughly 10 cents on the dollar. Users create an account, connect a bank account, receive a data-driven price for their loans, and submit a buyout offer; Revival also reports the paid account to credit bureaus to remove negative marks.
• Debt Cancellation Service Free debt-cancellation offering for qualifying low-income and underserved borrowers. Revival acquires debt portfolios in bulk using grants and discretionary funds, declares debts canceled, and works with Equifax and Credit Reporting Services, Inc. to remove paid accounts from borrowers' credit reports, typically delivering a 5–25 point credit score improvement.

Quantifiable outcome

• Borrowers save 5-25 points on credit score after debt elimination
• +2 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature2 records

Partnerships

Eight partnerships are on record, tiered core.

• Credit Reporting Services, Inc.coreOthersPartner agency for credit reporting services, helping facilitate the removal of paid-off accounts from borrowers' credit reports.
• EquifaxcoreOthersMajor credit bureau partner for credit reporting services.
• Method FinancialcoreTechnology or IntegrationThird-party service used to validate borrower identity and prevent fraud using wireless carrier information. Provides enhanced data including account numbers, types, balances, interest rates, payoff information, late fees, and payment history.
• CitibankcoreOthersMajor banking institution whose debt the company has brokered with or purchased.
• Goldman SachscoreOthersInvestment bank and financial services company whose debt the company has brokered with or purchased.
• Bank of AmericacoreOthersMajor banking institution whose debt the company has brokered with or purchased.
• US BankcoreOthersBanking institution whose debt the company has brokered with or purchased.
• Wells FargocoreOthersMajor banking institution whose debt the company has brokered with or purchased.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Encore Capital Group: One of the largest US debt buyers, acquiring charged-off consumer portfolios from banks and reselling/collecting. Directly comparable business model in the debt buying value chain, though scaled to billions in face value.
• Portfolio Recovery Associates (PRA Group): Major institutional purchaser of defaulted consumer receivables, operating a similar model of acquiring debt at deep discounts. Comparable as a primary buyer competing with Revival in portfolio acquisitions from US banks.
• Crown Asset Management: Specialized debt buyer focused on charged-off consumer credit portfolios, with similar dual functions of purchasing from banks and either collecting or reselling. Directly comparable scale and target market to Revival.
• Unifund CCR Partners: Mid-sized US debt buyer purchasing distressed consumer receivables. Operates in the same supply chain as Revival, competing for portfolio allocations from major banks.
• National Western Financial: Debt buyer and collection firm operating in the secondary market for charged-off credit. Comparable in acquiring portfolios at deep discounts and either servicing or reselling.
• Resurgent Capital Services (LVNV Funding): Specialized in purchasing and servicing charged-off consumer receivables. Comparable as an established player in the same debt-buying ecosystem Revival operates in.

Emerging players

• Beyond Finance: Digital debt settlement platform helping consumers negotiate reduced payoff amounts on unsecured debt. Comparable as a consumer-facing alternative that competes for the same distressed-borrower wallet share, though via settlement rather than debt purchase.
• National Debt Relief: Consumer-facing debt settlement provider that negotiates reduced principal with creditors. Competes for the same target customer (consumers struggling with debt) through a different mechanism, and serves as an alternative to Revival's debt buyout approach.
• Freedom Debt Relief: Largest US debt settlement company, focused on negotiating consumer debt down. Competes for the same distressed-borrower market via settlement rather than direct purchase, but addresses similar financial pain points.
• Accredited Debt Relief: Consumer debt settlement firm serving similar demographics with similar value proposition (debt reduction below face value). Comparable customer profile and outcome promise, though operating via creditor negotiation rather than portfolio purchase.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/revivalfunds
• Facebookfacebook.com/revivalfunds

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries3 records

Funding overview

Funding rounds3 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Revival