Riverty: BaFin permission for modern receivables management in Berlin

Riverty: BaFin permission for modern receivables management in Berlin
Riverty's important role in the credit service market: BaFin permit increases the position in the NPL sector
The Rivety Services GmbH, an emerging company in the FinTech sector, has received a decisive approval from the Federal Financial Supervisory Authority (BAFIN). This approval, which was granted in August 2024, allows Riverty to act as a license provider in the area of credit service institutes. This development contributes to strengthening its position in the market for needy loans (NPL-non-performance Loans) and shows the relevance of regulatory requirements for companies of this kind.
The BaFin permit is not just a bureaucratic step; It also signals a new era in the management of consumer data and credit claims. "With the permission by Bafin, Riverty puts his services in the area of non-performing loans on a solid regulatory basis," explains Jörg Schnell, Chief Commercial Officer from Riverty. This regulatory security is particularly important for consumers who rely on transparent and fair processes.
An elementary part of Riverty's offer is the innovative program "Rivety Back in Flow" (RBIF), which combines modern, digital debt collection processes. This is shown by a self-service portal and a mobile app that was specially developed in order to meet the requirements of the users. Through these applications, consumers can easily access information on outstanding payments, upload documents and easily reconcile installment payments. Such user -friendly solutions are crucial to strengthen consumers' trust and support their financial situation.
Riverty approval takes place as part of the new loan market law (KrzwMG), which is based on an EU directive and aims to harmonize the entire European market for needy loans. This legal regulation is a significant step in order to accelerate both the reduction of necessary loans and to focus on the rights of borrower. In the future, companies that work in this area will have to meet strict regulations in order to ensure responsible use of lending and services.
Overall, Riverty's progress illustrates the current trend in the financial sector, where digitization and regulatory standards are closely linked. This development will not only strengthen Riverty's position in the NPL market, but will also support and protect many consumers and dealers in Germany. The company, which belongs to Bertelsmann, already handles over 80 million transactions per month and brings expertise from ten countries in Europe and North America.
In summary, it can be said that Riverty's Bafin approval plays a crucial role in the redesign of the credit service market in Germany. With high -quality services that are geared towards transparency and user -friendliness, the company makes an important contribution to a responsible handling of dealing with loans and claims.