Qualco Group
Qualco Group is a Greek fintech providing Platform-as-a-Service software for receivables management, collections, mortgage processing, and real estate operations to enterprise financial institutions, banks, and utilities in Greece, the UK, and Cyprus.
- Company typePublic
- Founded2000
- HeadquartersAthens, Greece
- Headcount251–500
- GTM typeB2B
- OfferingSoftware
What Qualco Group does
Qualco Group is a Greek financial technology company headquartered in Athens, founded in 1998 and listed on the Athens Stock Exchange Main Market since May 2025. The company develops Platform-as-a-Service software for receivables management, debt collections and recoveries, mortgage processing, and real estate operations, serving enterprise clients in the banking, utilities, and real estate sectors. Its core product is the Collections and Recoveries Platform, enhanced by the ExtraCollect module, with real-time prioritization and automated workflow orchestration capabilities. Under the Uniko sub-brand, co-developed with National Bank, Qualco operates a digital real estate marketplace in Greece that has accumulated 4,679 listings, 822 transactions, and over 1,000 property owner conversations.
The company's technology portfolio extends into generative AI through a digital mortgage platform under development with Piraeus Financial Holdings, and into proptech via a 34% minority stake in Cypriot company Resitech and the pending acquisition of Empedus. Qualco generates revenue primarily through subscription-based Platform-as-a-Service licensing to financial institutions, transaction fees on the Uniko real estate platform, and multi-year transformation engagements. The company employs 501-1,000 people across offices in Athens and London, and serves named enterprise customers including Piraeus Financial Holdings, National Bank, and Thames Water.
In May 2025, Qualco completed an IPO that raised €70 million at an implied post-money valuation of approximately €140 million, with the offering nearly five times oversubscribed. The company has since pursued geographic expansion into the UK and Cyprus, active M&A in fintech and proptech, and product expansion into AI-enabled lending and real estate transaction services. Strategic intent, as stated at IPO, is to use proceeds for further acquisitions, talent investment, and R&D to accelerate the digital transformation of the financial services sector.
Qualco Group firmographics
Firmographics- Name
- Qualco Group
- Legal name
- Qualco Group SA
- Website
- https://qualco.group
- Company type
- Public
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Qualco Group is a Greek fintech providing Platform-as-a-Service software for receivables management, collections, mortgage processing, and real estate operations to enterprise financial institutions, banks, and utilities in Greece, the UK, and Cyprus.
- Ownership category
- akta.pro rank
Qualco Group industry classification
Industry- Product category
- Financial Technology / Credit Management Software
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Enterprise PaaS (App Runtime & Managed Application Platforms) (HDAEAKAB)
Keywords
Where Qualco Group is headquartered
LocationHeadquarters
- HQ city
- Athens
- HQ country
- Greece
- HQ region
- Europe
Offices2 records
Markets served
Qualco Group business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales
Revenue model
- Platform-as-a-Service (PaaS): Qualco operates a Platform-as-a-Service business supporting receivables management, collections, and real estate operations. The company generates recurring revenue through technology platform licensing and services to financial institutions.
- Real Estate Services: Uniko platform provides real estate transaction services including Guarantee Offer Submission (compensation up to €2,000 if no written offer received) and Uniko Express (up to 30% prepayment within 10 days).
Go-to-market motion1 record
Distribution channels3 records
Marketing channels3 records
Qualco Group product offering
Product offeringCore offering
Qualco Group operates a Platform-as-a-Service (PaaS) technology platform serving the credit industry, providing receivables management, collections, and real estate operations solutions to financial institutions and large enterprises. Its portfolio includes the Collections and Recoveries Platform with ExtraCollect integration, the Uniko digital real estate platform co-developed with National Bank, and a Gen AI-powered digital mortgage platform under development with Piraeus Bank. The company generates recurring revenue through platform licensing, technology services, and transaction-based fees for end-clients in banking, utilities, and real estate across Greece, the UK, and Cyprus.
Product overview
Qualco Group operates as a financial technology company offering a multi-product portfolio centered on its Collections and Recoveries Platform as the core enterprise product, enhanced by ExtraCollect add-on modules. The company provides a Platform-as-a-Service supporting receivables management, collections, and real estate operations. Under the Uniko sub-brand, jointly created with National Bank, it offers digital real estate marketplace services including Guarantee Offer Submission and Uniko Express features. The company is developing a Gen AI-powered digital mortgage platform in partnership with Piraeus Bank and has acquired Empedus to expand its fintech capabilities.
Differentiator
Problem solved
Functional benefit
Brands
- Uniko: Digital real estate platform created by National Bank and Qualco Group for property listings, transactions, and owner conversations in Greece
Products and services
- Collections and Recoveries Platform Enterprise collections and recoveries platform that deploys real-time prioritization and automated workflows for debt management, replacing legacy systems with modern data-driven technology solutions. Targeted at large financial institutions and utilities.
- Uniko Digital Real Estate Platform Digital real estate platform co-developed with National Bank that analyzes property listings, transactions, and property owner conversations to provide market intelligence, pricing insights, and transaction facilitation services in Greece.
- Gen AI-Powered Digital Mortgage Platform Digital mortgage processing platform under development with Piraeus Bank, leveraging generative AI technology for the Greek banking market to digitalize and automate mortgage workflows.
- Guarantee Offer Submission Service Real estate transaction service on the Uniko platform offering compensation up to €2,000 if no written offer is received for a listed property. Targets Greek property owners seeking certainty in their sale process.
- Uniko Express Express real estate transaction service on the Uniko platform offering up to 30% prepayment within 10 days for selected properties in specific Athens areas. Targets property owners seeking fast liquidity.
Quantifiable outcome
- Properly priced properties sell in average of 176 days versus 230 days for overpriced ones, based on Uniko platform analysis of 4,679 listings and 822 transactions
- +2 more outcomes
Companies that use Qualco Group
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Qualco Group technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability2 records
Feature3 records
Qualco Group partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- National BankcoreJoint venture partnership to create Uniko, a digital real estate platform. National Bank and Qualco Group collaborated to launch the platform which published findings from a year of operation analyzing 4,679 listings, 822 transactions, and over 1,000 conversations with property owners in Greece. Uniko is launching new services including Guarantee Offer Submission and Uniko Express.
- London's Air Ambulance CharityminorQualco Group and Qualco Foundation announced support as Bravo Partner at the Black & White Gala fundraising event which raised £1.5 million to support the charity's helicopter emergency medical service operating in London since 1989.
- Momentum Children's CharityminorPart of Qualco's broader community involvement in the UK, supporting children's charity alongside partnerships with London's Air Ambulance Charity and AFC Wimbledon.
- AFC WimbledonminorPart of Qualco's broader community involvement in the UK, supporting football club alongside partnerships with Momentum Children's Charity and London's Air Ambulance Charity.
- Piraeus Financial HoldingscorePartnership with Qualco S.A. to develop a Gen AI-powered digital mortgage platform, representing Piraeus Bank's broader strategic push toward digitalization. Piraeus Bank completed acquisition of Ethniki Insurance for €0.6 billion, marking significant diversification into insurance.
- ResitechminorQualco Group acquired a 34% minority stake in Nicosia-based Resitech for €640,000 in March 2026, marking momentum in Cyprus's proptech sector and expanding Qualco's real estate technology footprint.
- Thames Watercore3-year strategic partnership to transform customer engagement and affordability management through data and technology solutions. The collaboration deploys Qualco's Collections and Recoveries platform integrated with ExtraCollect, replacing legacy systems with real-time prioritization and automated workflows. Supports Thames Water's multi-year transformation program for improved customer outcomes, operational efficiency, regulatory compliance, and long-term financial sustainability.
- AtosminorProvides SAP integration expertise as part of the Thames Water partnership with Qualco, supporting the deployment of Qualco's Collections and Recoveries platform.
Scale indicators5 records
Recent moves7 records
Expansion highlights7 records
Qualco Group competitors and assessment
Company assessmentDirect peers
- Alfa Financial Software: Provider of asset finance and lending software, often deployed in bank and enterprise environments. Comparable to Qualco's lending and receivables management platform focus.
- nCino: Cloud-based bank operating system including mortgage and commercial lending workflows. Comparable to Qualco's Gen AI-powered digital mortgage platform and PaaS positioning.
- Temenos: Provider of banking software including lending and collections modules to retail and commercial banks globally. Closely comparable to Qualco's PaaS offering for Greek banks such as Piraeus and National Bank.
- Pegasystems: Low-code platform and customer engagement/workflow software used heavily in banking and collections. Comparable to Qualco's real-time prioritization and automated workflows for receivables and debt management.
- Black Knight: Mortgage and real estate technology provider with origination, servicing, and analytics capabilities. Comparable to Qualco's mortgage and Uniko real estate platform offerings.
- FICO: Global analytics and decisioning software company with deep exposure to collections, recoveries, and credit lifecycle management. Directly comparable to Qualco's Collections and Recoveries platform and credit-industry focus.
Broad incumbents
- SAS Institute: Analytics and AI software vendor with strong presence in banking risk, fraud, and collections analytics. Overlaps with Qualco's data-driven collections and AI-powered mortgage capabilities.
- Experian: Global data and analytics company with credit, collections, and decisioning products for financial institutions. Comparable to Qualco's credit-industry solutions and data-driven approach to collections.
- Finastra: Large incumbent financial software provider serving banks with lending, treasury, and core banking solutions. Overlaps with Qualco's banking platform layer across lending and servicing.
Regional players
- TietoEVRY: Nordic-headquartered IT services and banking software provider serving European financial institutions. Comparable to Qualco as a regional European fintech/platform provider to banks.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Qualco Group social profiles
Digital presenceQualco Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Qualco Group leadership team
Management profileNumber of profiles
Qualco Group subsidiaries and ownership
Company hierarchySubsidiaries1 record
Qualco Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Qualco Group 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 Qualco Group
What does Qualco Group do?
Qualco Group operates a Platform-as-a-Service (PaaS) technology platform serving the credit industry, providing receivables management, collections, and real estate operations solutions to financial institutions and large enterprises. Its portfolio includes the Collections and Recoveries Platform with ExtraCollect integration, the Uniko digital real estate platform co-developed with National Bank, and a Gen AI-powered digital mortgage platform under development with Piraeus Bank. The company generates recurring revenue through platform licensing, technology services, and transaction-based fees for end-clients in banking, utilities, and real estate across Greece, the UK, and Cyprus.
Is Qualco Group a public or private company?
Qualco Group is a public company. It is classified as public and is currently operating.
When was Qualco Group founded?
Qualco Group was founded in 2000. It employs 251 to 500 people.
Where is Qualco Group based?
Qualco Group is headquartered in Athens, Greece, in the Europe region.
How does Qualco Group make money?
Two revenue lines are on record. Platform-as-a-Service (PaaS) is the primary driver. The others are real Estate Services.
Who are Qualco Group's main competitors?
Direct peers on record are Alfa Financial Software, nCino, Temenos, Pegasystems, Black Knight and FICO. Broad incumbents are SAS Institute, Experian and Finastra. TietoEVRY is listed as a regional player.
Does Qualco Group have an API?
No public API is recorded for Qualco Group.
What industry is Qualco Group in?
Qualco Group's product category is Financial Technology / Credit Management Software. Its primary akta.pro industry code is HDAEAKAB, Enterprise PaaS (App Runtime & Managed Application Platforms). Its NAICS code is 51821 and its SIC code is 6199.