Katabat
Katabat is an enterprise cloud-based debt collection and recovery platform serving banks, fintech lenders, and financial institutions with omnichannel communication, jurisdiction-specific compliance automation, and embedded payment processing, operating as a product brand under Finvi.
- Company typePrivate
- Founded2011
- HeadquartersWilmington, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Katabat does
Katabat is an enterprise-grade, cloud-based debt collection and recovery platform serving first-party lenders including banks, fintech companies, and other financial institutions. The platform is built around an omnichannel orchestration layer (email, SMS, voice, print) and a unified strategy engine combining configurable decision-tree and workflow capabilities. It includes a built-in, jurisdiction-specific compliance engine with full auditability, embedded payment processing (available in the US), and adherence to PCI DSS, SOC 2 Type 2, and GDPR standards. Documented operational outcomes include reducing financial hardship application approval time from 14 days to 5 minutes (Humm Group) and lowering delinquencies by up to 150 basis points for an unnamed client.
The company monetizes through enterprise SaaS subscription licensing sold via a direct field-sales motion targeting banks, lenders, and financial institutions; no public pricing tiers are disclosed. Customers include HSBC, Heartland Bank, Harmoney, Humm Group, Momentum Energy, and Capital Services, with operations spanning the US, Australia, and New Zealand. Go-to-market is supported by content marketing, webinars, industry events (HFMA, ACA, Gulf States Collectors Association), and PR.
Katabat operates as a product brand under Finvi, a privately-held enterprise technology company with a 45-year industry heritage. Within Finvi's portfolio, Katabat serves first-party lenders, while sibling products Velosidy (third-party collection agencies), Artiva HCx (healthcare RCM), and Simplicity (small-business collections) address adjacent verticals. The company was founded around 2011, is headquartered in Wilmington, USA, and employs 51-100 people. Disclosed funding totals approximately $26M across seven rounds from 2009-2020, and the company acquired Simplicity Collection Software in January 2021.
Katabat firmographics
Firmographics- Name
- Katabat
- Legal name
- Katabat
- Website
- https://katabat.com
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Katabat is an enterprise cloud-based debt collection and recovery platform serving banks, fintech lenders, and financial institutions with omnichannel communication, jurisdiction-specific compliance automation, and embedded payment processing, operating as a product brand under Finvi.
- Ownership category
- akta.pro rank
Katabat industry classification
Industry- Product category
- Debt Collection Software
- NAICS
- Information (51), Mortgage and Nonmortgage Loan Brokers (522310)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Collateral, Lien & Asset Valuation Platforms (Auto, Equipment, Real Estate) (FSAGAHAG)
- akta.pro secondary industry
- Quality Control (QC), Compliance & Audit Tools for Underwriting (FSALALAL)
Keywords
Where Katabat is headquartered
LocationHeadquarters
- HQ city
- Wilmington
- HQ country
- United States
- HQ region
- North America
Markets served
Katabat business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations
Revenue model
- Enterprise Software Licensing: Cloud-based SaaS platform providing debt collection and recovery software to banks, lenders, and enterprises. Revenue generated through software licensing to financial institutions, with no explicit mention of revenue model structure.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Katabat product offering
Product offeringCore offering
Katabat is a cloud-based, digital-native debt collection and recovery platform for banks, lenders, and financial institutions. It provides omnichannel customer communication (email, SMS, voice, print), a configurable decision-tree and workflow strategy engine, automated decisioning for application assessment, embedded payment processing, and a built-in compliance engine with full auditability.
Product overview
Katabat is the flagship collections and recovery software product under Finvi, positioned as a digital-native, omnichannel, full-suite debt collection platform for banks, lenders, and enterprises. It is a cloud-based, enterprise-grade platform trusted by leading lenders for over 14 years. The product integrates Finvi's embedded payment processing solution for all-in-one collections and payment operations. Within Finvi's broader portfolio, Katabat serves first-party lenders and financial institutions, while Velosidy serves third-party collection agencies, Artiva HCx serves healthcare providers and outsourcers, and Simplicity serves small businesses and startup debt collection agencies.
Differentiator
Problem solved
Functional benefit
Products and services
- Katabat Debt Collection and Recovery Platform Enterprise-grade, cloud-based debt collection and recovery platform for banks, lenders, and financial institutions. Provides omnichannel orchestration across email, SMS, voice, and print, a configurable decision-tree and workflow strategy engine, automated workflow and decisioning for application assessment and approval, embedded payment processing, and a built-in compliance engine with full auditability.
- Finvi Payments Embedded payment processing solution integrated directly into the Katabat platform, enabling simplified pricing, streamlined operations, and secure payment collection across customers' preferred channels. Available in U.S. only.
Quantifiable outcome
- Reduced financial hardship application approval time from 14 days to 5 minutes (Humm Group case study)
- +2 more outcomes
Companies that use Katabat
Customer profileNamed customers6 records
Segments3 records
Ideal customer profiles3 records
Katabat technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Katabat partnerships and signals
Strategic signalScale indicators3 records
Recent moves5 records
Expansion highlights5 records
Katabat competitors and assessment
Company assessmentBroad incumbents
- Salesforce (Financial Services Cloud): Salesforce Financial Services Cloud offers CRM and customer-engagement capabilities for lenders, including collections-adjacent workflows. An indirect competitor that often displaces or wraps around point solutions like Katabat.
- Pegasystems: Pega's CRM and workflow platform is widely deployed in financial services including collections and customer engagement. Competes with Katabat for enterprise collections workflows at large banks.
- Experian: Experian offers credit-data-driven debt management and collections tools across financial services. While broader than Katabat, it overlaps directly on collections decisioning for lenders and financial institutions.
- TransUnion: TransUnion provides credit information and analytics, including collections and recovery solutions used by lenders. Comparable as a data-and-analytics incumbent serving the same bank and lender customer base.
Direct peers
- LiveVox: LiveVox provides cloud-based contact-center and collections software for lenders and ARM agencies. Directly comparable in omnichannel, cloud-native collections for banks, lenders, and fintechs.
- FICO: FICO provides enterprise debt management and recovery analytics (e.g., FICO Debt Manager) used by major banks and lenders. It is the most direct competitor in collections decisioning software for first-party lenders.
- TCN (Tether Communications Network): TCN offers a cloud-based debt collection software platform for ARM agencies, lenders, and financial institutions. Directly comparable as a debt-collection SaaS peer serving similar end markets.
- CGI Group: CGI delivers IT and business-process services including collections and recovery platforms for banks and lenders. Comparable as an enterprise software and services peer in collections for first-party financial institutions.
- CSS Impact (Collect! Software): Collect! provides debt collection and recovery management software to collection agencies and lenders. Comparable as a specialized collections-software competitor serving ARM and lender customers.
Emerging players
- nCino: nCino delivers cloud banking software with lender workflows that include servicing and customer engagement. Adjacent competitor for bank and fintech technology budgets that overlap with collections modernization.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights7 records
Customer concentration
Katabat social profiles
Digital presenceKatabat compliance and trust
Trust signalCompliance3 records
Katabat financial estimates
Financial estimateRevenue estimate
Valuation estimate
Katabat leadership team
Management profileNumber of profiles
Profiles1 record
Katabat funding detail
Funding detailFunding overview
Funding rounds7 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Katabat M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Katabat
What does Katabat do?
Katabat is a cloud-based, digital-native debt collection and recovery platform for banks, lenders, and financial institutions. It provides omnichannel customer communication (email, SMS, voice, print), a configurable decision-tree and workflow strategy engine, automated decisioning for application assessment, embedded payment processing, and a built-in compliance engine with full auditability.
Is Katabat a public or private company?
Katabat is a private company. It is classified as corporate owned and is currently operating.
When was Katabat founded?
Katabat was founded in 2011. It employs 51 to 100 people.
Where is Katabat based?
Katabat is headquartered in Wilmington, United States, in the North America region.
How does Katabat make money?
One revenue line is on record: enterprise Software Licensing.
Who are Katabat's main competitors?
Broad incumbents on record are Salesforce (Financial Services Cloud), Pegasystems, Experian and TransUnion. Direct peers are LiveVox, FICO, TCN (Tether Communications Network), CGI Group and CSS Impact (Collect! Software). nCino is listed as an emerging player.
Does Katabat have an API?
No public API is recorded for Katabat.
What industry is Katabat in?
Katabat's product category is Debt Collection Software. Its primary akta.pro industry code is FSAGAHAG, Collateral, Lien & Asset Valuation Platforms (Auto, Equipment, Real Estate), with a secondary code of FSALALAL, Quality Control (QC), Compliance & Audit Tools for Underwriting. Its NAICS code is 51 and its SIC code is 6199.