Katabat

Katabat is a prominent provider of digital-native, omni-channel debt collection software solutions, established in 2006. Originally named Collections Marketing Center, the company rebranded to Katabat in 2017 to better reflect its mission in the global credit lending space. Headquartered in Wilmington, Delaware, Katabat was acquired by Ontario Systems in August 2021. The company offers a cloud-based debt collection platform that enhances the customer experience through personalized messaging and effective communication channels. Its solutions are designed to maximize collections while ensuring compliance with stringent security standards, including PCI Level 1 Service Provider certification. Katabat's platform utilizes machine learning to improve contact rates, particularly in early-stage delinquency, and is known for its configurability and quick deployment. The company serves leading lenders and collection agencies, contributing to its growth alongside global enterprise banks.